Week 22: Offshore Rig Count Is Flat from the Previous Week
Most of the offshore drilling stocks traded in the green in the week ended June 1, returning 3.0%–6.5%. The best performer among these peers for week 22 was Seadrill (SDRL). The stock had fallen more than 32.0% in week 21. In week 22, the weakest performer among its peers was Seadrill Partners, which was the only stock trading in the red.