Monday, June 3, 2013

As Brent Stays Over $100, the Deepwater Drillers Remain Attractive


While investors remain focused on surging domestic oil production, the market is missing that global oil prices remain high. With Brent trading over $100, the deepwater drillers provide attractive investment options with PE ratios below 10.

Some of the leading drillers include Ensco (NYSE: ESV), Noble (NYSE: NE), and Atwood Oceanics (NYSE: ATW) along with speculative Pacific Drilling (NYSE: PACD).  Other investors may prefer the high yielding SeaDrill Limited or more »


Disclosure: Long ATW. Please review the disclaimer page for more details. 



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