<< Read Full Article
<< Read Full Article
"Is It Safe?" is a daily feature by TheStreet.com Ratings that looks at a company's risk and reward potential. Find out if your stocks are safe each morning at 4.
Transocean's(RIG Quote) cheap shares and dominance in offshore oil drilling make it seem like a sure bet. But its investors might have to wait at least a year for any significant gains.
The Switzerland-based company is the world's biggest offshore driller with 136 rigs, including 34 that can run in water deeper than 4,500 feet. With demand for petroleum picking up and the price of crude oil edging higher, that seems like a favorable position.
...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet