The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.

What is the future for the drilling industry, and how will Transocean be affected over the long haul? Dave ranks Transocean #5 on his list of top energy stocks because of the company's solid capabilities. The video concludes with Dave's long-term outlook for Transocean.

As oil prices climb, investors can find opportunities to ride the wave of surging profits for energy companies. Transocean is one company that should do well in such an environment. Take a look at a couple of other oil stocks recommended by Motley Fool analysts in a recent special free report: "3 Stocks for $100 Oil." The report won't be available forever, so we invite you to enjoy a free copy today. You can access it by clicking here. Fool on!

At the time this article was published David Meier has no positions in the stocks mentioned above. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Transocean. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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