The oil story is can never calm down so easily going into the future and the advances of the world economies, bigger populations and needs to sustain industry. Needs will only increase, how can they decrease?
Hercules is another player who will exploit offshore drilling, with support of the new presidents of USA . They also provide lots of services to other customers and their rigs.
This is just below its 52 week low. A great entry point for investing in offshore drilling at a very reasonable price going forward. Think longer term.
