Awilco, Vantage And Opportunities In Small-Cap Offshore Drillers

One of the worst performing sectors of the market this year has been the offshore oil and gas drilling sector. A combination of oversupply and falling demand, has pushed the industry into a recessionary period, which is expected to last for around two years. As a result, drilling stocks have been sold off and Seadrill Ltd (NYSE:SDRL), the largest driller by market capitalization, has seen its stock collapse 20% year-to-date.

exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers