Energy: Time for an Offshore Turnaround
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 6 June 2019
⏱️ 39 minutes
🧾️ Download transcript
Summary
Since the oil price collapse of 2014, offshore drillers have languished, with several operators going bankrupt. However, stabilizing oil prices and declining breakeven levels for offshore oil has the industry poised for a turnaround. Motley Fool Contributor Jason Hall joins the show to discuss the current state of the industry and break down three major offshore operators.
Stocks Mentioned: RIG, ESV, SDRL
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| 0:00.0 | This episode of Industry Focus is brought to you by TD Ameritrade. |
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| 0:15.4 | slash pricing, member SIPC. Welcome to Industry Focus, the podcast that dives into a different sector of the stock market every day. |
| 0:25.0 | Today is Thursday, June 6th, and we're discussing offshore drillers. |
| 0:29.0 | I'm your host Nick Saipoll, and today I'm joined by Motley Fool contributor, Jason Hall via Skype. |
| 0:32.0 | How's it going on, Jason? I'm joined by Molly Fool contributor, Jason Hall via Skype. How's it going, Jason? |
| 0:33.6 | I'm very good. |
| 0:34.5 | I ran a 10K over this past weekend |
| 0:38.1 | instead of personal best. |
| 0:39.2 | Came in below nine minute miles. |
| 0:41.1 | I was pretty happy with pretty happy with that feeling good |
| 0:44.2 | for 42 I'm I'm happy nice it was my girlfriend's birthday over the weekend we |
| 0:51.3 | went out to dinner spent some since some time in the city went to the new |
| 0:54.7 | spy museum check those sorts of things out it was a good time so we have some other |
| 0:58.6 | interesting news over the weekend Jason we'll just hit this off the top of the |
| 1:01.2 | show the SEC has changed their regulations now |
| 1:04.3 | to allow alcohol sales in football stadiums. |
| 1:07.2 | We both graduated from SEC schools. |
| 1:08.6 | What has been your reaction to this huge change. |
| 1:12.6 | So I think it's important to note that since this is primarily an investing podcast, in this case we're referring |
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