The Squirrel's not feeling the crowds 'Offshore'
A 'torqued' Acorn Basket in Transocean, Noble, Valaris, Tidewater and Weatherford.
Summary
As promised last week, we are launching a new Acorn trade in the offshore segment of the Oilfield Services Sector (OFS).
The sector has had a strong run alongside crude oil over the summer and we had been concerned that the offshore names were starting to feel a little crowded.
We no long believe that to be the case and think that the sector has pl…