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Diamond Offshore Drilling: Trouble Breeds Opportunity

2015-03-15 12:12:32| Oil & Gas - Topix.net

Diamond Offshore Drilling is Majority controlled by Loews Corp and during the last several months Loews has purchased an additional 2.6mm Shares from 137mm outstanding. During the last Loews quarterly conference call , CEO James Tisch spoke at length about the thought process surrounding the purchase of additional Diamond Offshore stock in the open market.

Tags: opportunity trouble diamond offshore

Category:Energy and Environment

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