|Bid||8.22 x 900|
|Ask||8.30 x 100|
|Day's Range||8.02 - 8.42|
|52 Week Range||7.67 - 16.66|
|PE Ratio (TTM)||4.93|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Oil prices rebounded when the Organization of Petroleum Exporting Countries (OPEC) announced last November that it was going to cap oil-production, then collapsed when the Energy Information Administration (EIA) announced larger-than-expected crude-oil inventory builds. Prices rose again on the rumor that OPEC was going to extend its production caps to the end of March 2018 and then fell once more after OPEC confirmed the extension.
Transocean (RIG) has one of the highest average contract durations—its contracts stretch out to 2028.