“Offshore drillers are trading so cheap they will lead the entire energy market higher as oil recovers.”
“a pretty good chunk of my exposure is through Valaris (VAL – USA) and Tidewater (TDW – USA) and they’ve both been stalwarts in my portfolio during 2022. Given their valuations, I suspect that they’ll continue to lead the energy markets higher.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.