Yet gains of 50% to 60% for Transocean stock since the election seemed to reflect a substantial expectation that crude prices would recover even more sharply in 2017, and investors appear not to be quite as certain now …
Transocean
Forget ExxonMobil and Chevron. The big winner from the recent snap back in oil prices is Transocean. The company's shares are the hottest thing in the stock market this week -- besides Netflix (NFLX, Tech30), of …
It is also looking to boost margins by $800 million through cost-cutting efforts and other measures. Transocean's stock jumped 3.8% to $55.47 in early Monday trading. Icahn, a minority shareholder in Transocean, had …
Carl Icahn
announced Monday that it will buy back the remainder of the shares in Transocean Partners LLC (NYSE: RIGP) it does not already own in an all-stock deal valued at around $250 million. Transocean will issue 1.1427 …
Wall Street
NEW YORK, June 1 Stock and bonds of Transocean Ltd, (RIG.N) (RIGN.S) owner of the drilling rig that caused a massive oil well disaster in the Gulf of Mexico, may offer investor value, CreditSights said in a report. Shares …
A “significant valuation recalibration” is in order for Transocean’s stock now that most of the uncertainty about potential liabilities for the Macondo accident has been resolved, said James C. West, an analyst at Barclays …
Transocean Ltd. (NYSE:RIG)‘s stock had its “buy” rating reiterated by equities research analysts at Canaccord Genuity in a research report issued to clients and investors on Tuesday. They currently have a $17.00 price …
Thecer1mon
Transocean
Rick Pendergraft: You would be hard pressed to find a stock that investors are more bearish on than offshore driller Transocean (NYSE:RIG). The company is showing a short interest ratio of 11.2, with over 118 million …
But, even though revenue is down 49% from just the last quarter alone, Transocean seems to have lost less of its stock holder’s confidence than many other energy industry players. After the price of Transocean stock fell …
Transocean