(Idea) Offshore Names - Borr, Seadrill, Transocean
Editor's Note: This is a long write-up as Jon delves into 3 offshore names. We've already made VAL available to readers, but this one is comprehensive. We have Noble coming later this week and a macro piece next week. Offshore will be the place to be, so we want you to be familiar with the fundamental characteristics of all the names. In the future, only the names that will be added to the HFI Portfolio will be covered on the main service. For additional research, please check out Ideas from HFI Research.