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Gold/Mining/Energy : Transocean (RIG) -- Ignore unavailable to you. Want to Upgrade?


To: Qualified Opinion who wrote (329)1/5/2015 10:59:10 AM
From: robert b furman  Read Replies (1) | Respond to of 366
 
I'm new to following the oil patch.

Any one have any experience with regards to how the demand led decline in 2008( resulting from a global recession) impacted the book values of these oil companies ?

If oil's price declines over a long term time period - that must give us hugely inflated book values in todays short term view NO ??

Bob