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home / news releases / LOPX - Transocean: A Great Stock To Take Advantage Of High Oil Prices

LOPX - Transocean: A Great Stock To Take Advantage Of High Oil Prices

Direxion Low Priced Stock ETF
  • The major offshore driller reported roughly in-line earnings and also announced a $200 million contract addition.
  • The management said the day rates can get close to $400,000.
  • Offshore recovery has started to take shape even though the process is not very quick.
  • It is likely the high oil prices will endure.
  • Transocean's stock is undervalued.

For further details see:

Transocean: A Great Stock To Take Advantage Of High Oil Prices
Stock Information
Company Name: Direxion Low Priced Stock ETF
Stock Symbol: LOPX
Market: NYSE
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