|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||9.60 - 9.80|
|52 Week Range||7.20 - 13.04|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||12.27|
Just like other offshore drillers (OIH), Noble (NE) hasn’t had a good run this year and has posted a negative YTD return. Transocean (RIG) has fallen 8.4%, while Ensco (ESV) and Diamond Offshore (DO) both fell more than 17% from the start of the year. Rowan Companies (RDC) has a negative YTD return of 23%.
Analysts are not very bullish on the stock. According to Reuters, 32 analysts give recommendations on Diamond Offshore. Among the top offshore drilling stocks (XLE), Diamond Offshore has the lowest percentage of “buy” recommendations, while only 9% recommend a “buy” or equivalent for the stock.
The natural gas rig count of 188 was up from 181 for the week ended Mar 2. With this, the tally increased four times in the last five weeks.
STEINHAUSEN, Switzerland, March 12, 2018-- Transocean Ltd. today announced that Jeremy Thigpen, President and Chief Executive Officer, will present at the Scotia Howard Weil 46th Annual Energy Conference ...
Insider buying can be an encouraging signal for potential investors. Bill Gates sharply increased his stake in a water and energy company. Two energy and two food companies also saw notable insider buys. ...
Stock Monitor: Bill Barrett Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 12, 2018 / Active-Investors.com has just released a free research report on Transocean Ltd (NYSE: RIG ). If you want ...
STEINHAUSEN, Switzerland, March 08, 2018-- Transocean Ltd. announced today that Transocean Ltd. along with Transocean Inc. received regulatory approval of its supplemental prospectus related to the compulsory ...
What Happened in the Offshore Drilling Sector Last Week? In this article, we’ll discuss analysts’ target price revisions for offshore drilling (OIH) companies in week nine of 2018, which ended March 2. Ensco (ESV) reported its fourth-quarter results last week. After the company’s earnings release, Jefferies reduced the target price for Ensco to $5 from $6.
In the previous article, we reviewed the details of Ensco’s (ESV) backlog. Ensco has secured several contracts and extensions during the fourth quarter. In the Middle East, Ensco 104 received a 16-month contract with its previous customer.