Transocean, along with BP, Halliburton and Cameron, has seen its stock price and overall market valuation take a serious hit in the last two weeks as a result of the Deepwater Horizon incident and subsequent oil spill. In the weeks leading up …
Depending on what that action is, it could have a profound impact on the investment thesis for this stock, so keep your eyes peeled for any news. 10 stocks we like better than Transocean When investing geniuses David and Tom Gardner …
Transocean
As a result, the stock of oilfield services companies, like Transocean, have gained momentum. Apart from this, a key factor for improvement in Transocean’s stock was the recent contracts that the company won in the Asian and Latin …
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Filings with the U.S. Securities and Exchange Commission show Marshall sold all but 100,000 of his Transocean shares in multiple transactions between April 4 and April 15 (see box on Page 1). He acquired the stock options as a result of …
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This trend has benefited Transocean’s bottom line. For 2010, the company reported net income of $988 million on revenue of $9.6 billion. It presently employs 18,000 people from Latin America to Asia and Africa. And although its stock price …
Transocean
But the recent increase in the price of crude could mean the worst is over for Transocean, Barron's said. The stock could hit $19 or even $30, according to analysts and fund managers; it currently trades around $14. As of Friday, Brent crude …
Transocean LTD (NYSE:RIG) had actually recovered nearly all of its losses from the Deepwater Horizon disaster in early 2011, but has since slumped. While the stock is up 14% so far this year, about even with the S&P 500, it is down …
The institutional investor owned 23,020 shares of the offshore drilling services provider's stock after selling 52,790 shares during the period. RIG has been the subject of a number of analyst reports. Now the shares of Transocean Ltd. (RIG) …
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