Long

ROWAN TO GET THE SUPER VOLCANO MELT UP ON 8 MAJOR GAME CHANGER..

Broke 5 Years Trendline Resistance!
8 & 200 DAY MA Buy Signals Confirmed
8, 21, 50 & 100 WEEK Buy Signals Confirmed
LOTS OF [[[UNEXPECTED]]] BUSINESS & BILLION IN REVENUES FROM TRUMP'S EXPANSION OF OFFSHORE DRILLING ACCESS!
ENERGY SECTOR IS TAX OVERHAUL’S [[[BIGGEST]]] WINNER!
$20 BILLION OF BACKLOG ORDERS NOT YET ACCOUNTED FOR FROM THE JV WITH SAUDI ARAMCO! THIS IS THE BIGGEST BACKLOGS AMONGST IT’S PEERS!!! FURTHERMORE, ROWAN HAS MORE HIGH SPECIFICATIONS RIGS THAN ANY OF ITS PEERS! SAUDI ARAMCO WOULD ONLY PARTNER THE BEST DRILLER TO COMMIT BILLION IN JV!
OVERWHELMING DEMAND TO HIGHLY ANTICIPATED SAUDI ARAMCO IPO TO FORCE A HIGHER VALUATIONS RE-RATING OF SEVERELY UNDERVALUED PEERS & THE ENTIRE ENERGY SECTOR!
CONFIRMED [[[MONTHLY]]] MAJOR TRIPLE TOP BEARISH DIVERGENCE AND H&S DXY MELTDOWN IS SUPER BULLISH ON COMMODITIES!
XLE MAJOR MELT UP! BREAKS 200 WEEK MA & 3 YEAR TRIANGLE! - XLE CHART
OIH TO OUTPERFORM OIL! BULLISH REV H&S MELT UP! - OIH/OIL CHART
https://HTTPS://WWW.FT.COM/CONTENT/B923A338-F793-11E7-88F7-5465A6CE1A00
Breaking out of low-growth ‘new normal’ is on horizon
Both backward-reading and forward-looking indicators confirm that the global economy is experiencing a pick-up in growth that is synchronised, real and multi-dimensional.
Conclusion: WIDESPREAD Global growth = Much higher oil & commodities prices!!!
zacks.com/stock/news/288869/energy-sector-to-see-strong-growth-in-q4-5-top-stocks-to-buy?cid=SM-email-HL-288869Q4 Earnings Growth Likely to be ImpressiveAmong all the 16 Zacks sectors defining the S&P 500 index, energy will likely witness the strongest earnings growth in the fourth quarter, per our latest Earnings Preview. In other words, energy will likely be the only Zacks sector to report $$triple-digit earnings growth$$$.
gulfbusiness.com/hong-kong-london-new-york-shortlisted-aramco-ipo/
China has offered to buy up to 5 per cent of Saudi Aramco directly, sources told Reuters in October.
money.cnn.com/2018/01/05/investing/saudi-aramco-ipo-plans/index.html
Saudi Arabia has just taken a big step to ensure its massive oil company -- Aramco -- is ready for the stock market.
The impact of the JV 50/50 has the potential to <$$boost consequently revenues for the next several decades.$$$> Thomas Burke, the CEO, said
forbes.com/sites/rrapier/2017/12/18/the-energy-sector-is-tax-reforms-biggest-winner/
Prepare For A Rally: Energy companies have rallied since August as oil prices have climbed higher. But because the new tax law will disproportionately benefit the energy sector, all else being equal the sector should outperform the S&P 500 because of expectations for higher earnings.
seekingalpha.com/news/3321255-ap-trump-sharply-expand-offshore-drilling-including-pacific-ocean-updated
Trump to 'sharply' expand offshore drilling, including Pacific Ocean
The Trump administration is moving to "sharply" expand offshore drilling, the AP reports.
That move includes the Pacific Ocean for the first time in decades, according to the report.
Most U.S. coastal waters would be open to exploration in the new approach.
seekingalpha.com/article/4121675-rowan-companies-opportunity-called-aro-drilling
The 50/50 JV called ARO Drilling is a huge game changer for Rowan.
Rowan is the leader in high-specification jack-ups with an excellent balance sheet and low net debt. I recommend the company as a long-term investment.
The impact of the JV 50/50 has the potential to <$$boost consequently revenues for the next several decades.$$$> Thomas Burke, the CEO, said
seekingalpha.com/article/4136727-6-offshore-driller-aristocrats-bottoming-now
The total backlog for ARO Drilling is huge and could reach between $17 billion to $20 billion.Rowan is [well positioned in this regard as it is the only drilling company whose entire floater fleet consists of seventh-generation rigs.] In conclusion, Rowan may be one of the best offshore drilling companies in the industry today.
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