Transocean Buys Songa Offshore SE for $3.4 Billion

Viewing 5 posts - 1 through 5 (of 5 total)
  • Author
    Posts
  • 15 Aug '17 at 10:37 am #11160
    TradersCom
    Keymaster

    [article]137[/article]

    15 Aug '17 at 4:40 pm #11161
    ThePitBoss
    Participant

    First thought with the premium is $RIG is paying overs in a difficult market. Increases their backlog which is a positive, price is the concern for mine.

    15 Aug '17 at 6:10 pm #11165
    ClemSnide
    Participant

    Yes seems rich – they are playing the long game expecting oil to bounce now doubt

    15 Aug '17 at 7:35 pm #11167
    Helmholtz Watson
    Participant

    [quote=”ClemSnide” post=894]Yes seems rich – they are playing the long game expecting oil to bounce now doubt[/quote]

    Change requires going through some resistance and if you’re not prepared to go through that and you can’t embrace that, it’s not going to change.

    15 Aug '17 at 8:21 pm #11171
    ThePitBoss
    Participant

    Market picking up on the rich pricing Transocean $RIG now 7.97 -0.42 (-5.01%)

  • Author
    Posts
Viewing 5 posts - 1 through 5 (of 5 total)
  • You must be logged in to reply to this topic.