3 Stocks to Gain From the Rising Demand in Offshore Drilling
Portfolio Pulse from
President Trump's executive order to remove the offshore drilling ban could lead to increased demand for offshore drilling services. This policy change may benefit companies involved in offshore drilling operations.
February 11, 2025 | 3:15 pm
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Transocean Ltd. (RIG) could benefit from Trump's executive order lifting the offshore drilling ban, potentially increasing demand for its drilling services.
The lifting of the offshore drilling ban is likely to increase demand for offshore drilling services, directly benefiting companies like Transocean that provide these services.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80