Note: I have covered Transocean (NYSE:RIG) previously, so investors should view this as an update to my earlier articles on the company.
It's been more than a year since I last updated investors on leading offshore driller Transocean. A lot has happened over the past couple of quarters with oil prices recovering to multi-year highs over the course of 2018 only to fall off a cliff in the fourth quarter, sending offshore drilling stocks back to multi-decade lows and making Transocean's recent acquisition of Ocean Rig appear somewhat ill-timed, to say the very