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Offshore Drillers Reviewed By Jefferies
Wednesday, August 17, 2016 - 9:01am | 393Read More..."Offshore drillers have underperformed within OFS since the recent June OSX peak," said Jefferies, "given negligible near-term recovery prospects and material estimate risk in 2018+." The brokerage expects Diamond Offshore Drilling Inc (NYSE: DO) and Transocean LTD (NYSE: RIG) to outperform through...
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Jefferies: Transocean No Longer A Sell
Monday, August 10, 2015 - 2:11pm | 240Read More...Transocean LTD (NYSE: RIG) shares are trading sharply higher on Monday – up nearly 6 percent after Jefferies analyst Eduardo Royes upgraded the company to Neutral from Underperform. While Royes said the firm still saw "challenging market conditions," they are "more comfortable" with Transocean's...
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Jefferies Outlook On Oil Services & Equipment
Thursday, January 8, 2015 - 4:00pm | 357Read More...Jefferies issued a note on Oil Services and Equipment Thursday and saw the near-term outlook worsening. Analysts led by Eduardo Royes commented that with “Brent down 25 percent since early-Dec, we expect "patchwork" floater demand dries up in '15 and so we revise our floater...
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Credit Suisse Raises Price Target And Estimates For Transocean Ltd. (RIG)
Wednesday, April 14, 2010 - 10:37am | 104Read More...Analysts Arun Jayaram and Eduardo Royes at Credit Suisse have released an update on Transocean Ltd. (NYSE: RIG). Analysts say that the company’s April status report was positive at the margin, with solid backlog builds in the floater and jackup segments. Analysts have raised their 2010 and 2011...
