Shares of Transocean (NYSE:RIG) rose 1.47% in after-market trading after the company reported Q2 results.
Earnings per share increased 100.00% year over year to ($0.00), which beat the estimate of ($0.27).
Revenue of $930,000,000 rose by 22.69% year over year, which beat the estimate of $773,880,000.
Transocean hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
52-week high: $7.28
Company's 52-week low was at $0.76
Price action over last quarter: Up 71.09%
Transocean commands one of the largest deep-water and ultra-deep-water fleets in the world. Its rigs operate globally, but the major deep-water basins are in West Africa, Brazil, and the Gulf of Mexico. Transocean's customers tend to be national oil companies, independents, and international oil companies.
See more from Benzinga
- Earnings Scheduled For July 29, 2020
- 11 Energy Stocks Moving In Thursday's Pre-Market Session
- Benzinga's Top Upgrades, Downgrades For June 15, 2020
© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.