Transocean LTD (NYSE:RIG)‘s stock had its “sell” rating reissued by research analysts at Royal Bank of Canada in a research report issued to clients and investors on Monday. They presently have a $13.00 target price on the offshore …
The offshore-rig market is now “trawling along the bottom” as oil companies seek to lock in low rates in increasingly longer contracts, Dibowitz said in the same …
If an investor was to purchase shares of RIG stock at the current price level of $33.72/share, and then sell-to-open that call contract as a “covered call,” they are committing to sell the stock at $34.00. Considering the call seller will also collect ...
Ocean Rig’s (ORIG) share price has been very volatile in the past one year. Its 52-week low and high are $0.66 and $3.38, respectively. Ocean Rig’s year-to-date return is -1% and its last-six-month return is -47%. However, Ocean Rig’s stock
Ocean Rig
Given the $11.3 billion backlog and $6.1 billion of liquidity, traders could buy RIG on speculation that sale of shallow-water rigs will go through. Conservative investors should avoid this stock. (Source: deepwater.com) Transocean Ltd. …
Transocean
Transocean is off to an incredible start to the trading session today. Since the opening bell, the stock has been well in the green and climbing higher. We believe we know what's causing the gains. Below, we'll talk about what we're seeing …
Stock
Ocean Rig UDW is having an incredible day in the market today, and for good reason. The company has been dealing with massive financial issues as of late, leading to concerns with regard to bankruptcy. However, in a move, the company …