Three companies better positioned if drilling market dives again

Brokerage Pareto Securities expects a better drilling market. But if things take a turn for the worse, three players in particular stand to be better positioned than competitors.

Photo: Mark J. Terrill/AP/Ritzau Scanpix

There are positive trends on the drilling market, where 2020 is looking set to bring increased demand and rising day rates in several segments.

However, if the market unexpectedly ends up diving again, three players in particular – Maersk Drilling, Odfjell Drilling and Northern Drilling – will be well positioned, assesses Pareto Securities.

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