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Yet Another Plunge Forecast for Deepwater Drillers

It seems that just about every analyst can't wait to forecast a potential plunge in deepwater and offshore drillers. The latest is an analyst call out of Barclays that the general offshore sector, including the deepwater drillers, will take a hit.

Only a few weeks back, the focus was on the difference between the legacy drillers and the modern drillers. The latest report from Barclays brought a few more firms into focus, including Atwood Oceanics (NYSE: ATW  ) , Rowan (NYSE: RDC  ) , and a big hit to Diamond Offshore Drilling

Read full article here.

Disclosure: Long ATW. Please read the disclaimer page for details.


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