Placing Transocean and Ensco Under Review
We're placing our fair values for Transocean and Ensco under review as we incorporate our newly updated offshore drilling industry outlook into our company valuation models. We've already updated fair value estimates for Diamond Offshore Drilling, Noble Corp, and Rowan Companies with our equity valuations dropping from about 15% to 30%. We expect to publish updated fair value estimates and models for Transocean and Ensco in the next few days. For more information on our outlook for offshore dril...
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