PBR - Why Offshore Drilling Stocks Lag Oil And Other Interesting Questions
Recently, a number of interesting topics were discussed in the comments sections of my articles on offshore drilling dayrates — “Will Drillship Rates Rise Rapidly?”, “Will Drillship Rates Rise Rapidly? Part 2” and “Here’s What Transocean’s New Contract Says About Dayrates”. As these threads grew in length, it became harder for me to answer all the questions and clarify my view on key topics that are of interest to investors and traders in the offshore drilling space right now.
Therefore, I decided to pen down this article to address