Last Update22 Jul 25Fair value Increased 5.37%
PzPz has decreased revenue growth from 8.0% to 7.0%, decreased profit margin from 10.0% to 8.0% and decreased shares outstanding growth rate from 0.1% to 0.0%.
RIG is either going to survive and boom during the next energy squeeze or it gets bought out. In the first case you get a multi-bagger. In the latter you get a steep haircut... but it's trading at $2.
Think of the stock as a long-long call on the world economy outperforming EIA estimates. Once the next (current) recession is over, oil will have to pay for exploration and deep water drilling to fuel the next boom cycle.
I own shares, but the little slider keeps 'unowning' this stock.
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The user PzPz has a position in NYSE:RIG. Simply Wall St has no position in any of the companies mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The author of this narrative is not affiliated with, nor authorised by Simply Wall St as a sub-authorised representative. This narrative is general in nature and explores scenarios and estimates created by the author. The narrative does not reflect the opinions of Simply Wall St, and the views expressed are the opinion of the author alone, acting on their own behalf. These scenarios are not indicative of the company's future performance and are exploratory in the ideas they cover. The fair value estimates are estimations only, and does not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that the author's analysis may not factor in the latest price-sensitive company announcements or qualitative material.
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