Transocean's stock price jumped 5 percent Thursday as it announced new drilling contracts worth up to $583 million. The Switzerland-based offshore drilling contractor, with major operations in Houston, locked in a day rate of $650,000 for …
Transocean Sedco Forex Inc., already the world's biggest offshore oil-drilling contractor, said it agreed to buy R&B Falcon Corp. in a $5.3-billion stock deal that will leave it towering over its rivals and make it the dominant deep-water driller.
As of 1627 BST, stock in Transocean was at the bottom of the pile on the Big Board, trading 7.11% lower to $9.07 on heavy volumes. That was taking place a similar-sized fall in shares of Seadrill. Despite recent gains for international oil …
Shares of Rowan have gained 13% so far this year. Diamond Offshore shares have declined 3.5% in the same period, while Transocean’s stock has gained 5.3% and Noble Corp. shares are up 10%. ENSCO stock has dipped 6%. Instead of …
ZUG, SWITZERLAND-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it has reached an agreement …
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 …
With the third-quarter round of 13F filings behind us, it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the fourth quarter. One of these stocks was …
The company could also face up to $20 billion in civil fines under the Clean Water Act. As for Transocean, its stock rose 7 percent following yesterday’s settlement announcement.
This negative price action is just more of the same for the energy stock, which has shed roughly one-fifth of its value since being rejected by the key $13 mark in mid-July. Analysts, meanwhile, have taken a glass-half-empty approach toward …
NEW YORK (Reuters) - Shares of Transocean Inc. (RIG.N) rose on Friday after Citigroup assigned a buy rating to the company’s stock and added it to its top picks live list according to theflyonthewall.com. Shares of the world’s largest …