Over the past 12 months, Transocean’s shares have lost nearly 65% of their value. As bad as Transocean stock has performed, Seadrill Ltd. (NYSE: SDRL) has done even worse, losing nearly 73% in the past year. Seadrill has …
Transocean’s overhaul of its operations is more of a driver for future results than its efforts to put to bed remaining liability over the 2010 Gulf of Mexico oil spill, some analysts say. Its shares got a nice bump from Thursday’s news that the …
Shareholders on both sides seemed to like the deal. Before the start of trading Monday, Transocean’s stock was up 7.9 percent and GlobalSantaFe’s stock was up 8 percent. As of Friday’s close, Transocean had a market capitalization of …
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 shares sold …
NEW ORLEANS -- Offshore petroleum driller Transocean Ltd. inflated its stock price by misleading shareholders about the effectiveness of a key piece of safety equipment, a federal court suit alleges. Lug, Switzerland-based Transocean
I believe that Transocean is now on the road to realize its great potential. We look forward to continued collaboration with the Board of Directors and management." The stock is up 2.16% in pre market trading. Check out the full press release …
It’s Personal Financial Disclosure Day in Washington, and noticeably absent from the 2009 financial records of a few members of Congress are their previous holdings in BP and Transocean. Senator John Kerry, D-Mass. Three senators …
And the three rigs were working for BP before they were diverted to the relief wells, they note, so the work does not boost Transocean's bottom line. As to how the company has fared since the blowout, they point to the ticker tape. The …
Another curious event occurred when Goldman Sachs shorted Transocean stock immediately before the explosions sank the rig. This meant that preferred Transocean insiders had their stock values insured against the impending collapse of …