Oil rig operators looking for value | Short View
- 5 years ago
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Over the past three years oil prices have plummeted then bounced, with some operators trading at just 20 per cent of their stated book values. The FT's Alan Livsey argues there might still be a glimmer of hope for this corner of the energy market.
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Over the past three years oil prices have plummeted then bounced, with some operators trading at just 20 per cent of their stated book values. The FT's Alan Livsey argues there might still be a glimmer of hope for this corner of the energy market.
► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes