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VAL - Offshore Drilling: Floater Fundamentals - August 2019 Edition
Valspar Corporation
The last summer month ends soon, and it means that it is high time for the monthly floater fundamentals assessment. August turned out to be another rough month for the offshore drilling stocks, which have been under pressure since May. Let’s look at whether such pressure is justified by fundamentals.
As usual in this type of work, I used Bassoe Offshore database to get the data. Data presented in my previous articles on the topic was used as well. Fundamentals of the floater market segment are relevant for investors and traders in companies that have