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Credit Suisse initiates coverage of energy equipment and services providers with an Overweight...

Credit Suisse initiates coverage of energy equipment and services providers with an Overweight rating, seeing projects in Brazil, Africa and the Gulf of Mexico driving a cycle of multiyear growth. The firm likes the fleet mix at top picks Rowan (RDC) and Noble (NE), believing the jackup market is under appreciated, and both companies are building out their UDW fleets.
Comments (2)
  • spondrei
    , contributor
    Comments (77) | Send Message
     
    Like the news, but instead of RDC or NE, I like SDRL who not only pays you a nice 8.2% dividend but has already acquired the newest technology and has great projects in the Gulf.
    29 Aug 2012, 04:38 PM Reply Like
  • CaptKorn
    , contributor
    Comments (153) | Send Message
     
    10/4 on that spondrei.
    29 Aug 2012, 09:11 PM Reply Like
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