|Bid||2.8900 x 39400|
|Ask||2.9000 x 27000|
|Day's Range||2.7300 - 2.9100|
|52 Week Range||2.3200 - 5.5600|
|Beta (5Y Monthly)||2.94|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 02, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Aug 21, 2015|
|1y Target Est||N/A|
Oil stocks had a great day on Monday with some climbing over 10%. The big news came from OPEC+, which is reportedly considering cutting back oil supply by over 1 million barrels per day in what's being called a "historic cut." Transocean (NYSE: RIG) jumped as much as 8.9%, Kosmos Energy (NYSE: KOS) rose 11.6%, and Tellurian (NYSEMKT: TELL) traded 10.8% higher.
The drilling stock looks cheap compared to its growth potential
Salunda Limited today has announced an exclusive license agreement with Transocean (NYSE: RIG) to make, develop and sell HaloGuard®, the offshore drilling industry's first safety system that integrates camera and sensor technology with drilling equipment and machine controls.