The offshore drilling industry stands out with its great earnings visibility. Rig owners, such as Ensco, Noble and Diamond, have fleets of drilling rigs which they lease to oil companies. These leases are often long term, i.e. up to five years. Put simply, longer contracts for entire fleets mean higher order backlogs and thereby steady revenue streams for the […]
Tag Archives: Ensco
Big drillers’ cash flow
Posted in Forex Trading, General, Market Reports, Total Trader Tips
Also tagged dividend payout, Investors, Noble & Diamond, Risk, saxo bank, Seadrill, trading floor
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