Combine the extremes, and you will have the true center.
-- Karl Wilhelm Friedrich Schlegel
Overextended oil driller Seadrill currently teeters on the edge of bankruptcy. Peer Transocean might not be far behind.
Let's take a look at what it all means.
OPEC finally agreed to cut production in order to help support the price of oil. What happens now though? Here's the the impact the decision will have on energy ETFs.
A sustained recovery in oil prices continues to elude investors, making this offshore oil driller particularly risky right now. Ignore the optimists on this stock and shun it altogether.