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re: Thoughts on RIG?
Posted on 2/4/15 at 4:25 pm to Hoyt
Posted on 2/4/15 at 4:25 pm to Hoyt
Best of luck- I think of the long term, it is cheap but in the short term, they will probably take a hit if they have to cut their dividend or if oil doesn't recover. My opinion is that since SDRL already cut the dividend and has a better fleet, they have positioned themselves to ride this out better. I think they are both poised for success over the long. I just think SDRL has a little less downside.
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