RIG - Transocean Ltd.
| Previous Close | 5.97 |
| Open | 5.90 |
| Bid | 0.00 x 46000 |
| Ask | 0.00 x 1000 |
| Day's Range | 5.73 - 5.91 |
| 52 Week Range | 3.76 - 9.79 |
| Volume | 13,649,742 |
| Avg. Volume | 16,099,756 |
| Market Cap | 3.506B |
| Beta (5Y Monthly) | 1.99 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.47 |
| Earnings Date | Feb 16, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Aug 19, 2015 |
| 1y Target Est | 8.47 |
- Yahoo Finance Video
Oil prices won't stay constant for long, says Dan Dicker
Oil shares popped on Wednesday after President Donald Trump finalized the first stage of a trade deal with China. However, a new report from the International Energy Agency warns that oil production from PEC countries is still expected to outstrip supply. Dan Dicker, founder of The Energy Word, joins The Final Round to discuss what investors should expect from the oil industry in 2020.
- Zacks
Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale
Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
- GlobeNewswire
Transocean Ltd. Announces Fourth Quarter 2019 Earnings Release Date
Transocean Ltd. (RIG) announced today that it will report earnings for the fourth quarter of 2019, on Monday, February 17, 2020. Individuals who wish to participate should dial +1 334-777-6978 and refer to conference code 5581050 approximately 10 minutes prior to the scheduled start time. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.
- Zacks
Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More
Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.
- Zacks
US Oil Drillers Spend Conservatively: Rig Count Slides Again
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on the drilling of new wells.
- Zacks
Transocean Adds $352.9M to Backlog Since Last Fleet Status
Transocean's (RIG) $91-million worth year-long drilling contract off the coast of Trinidad & Tobago for its semisubmersible Development Driller III is the key component to bolster its backlog.
- Moody's
Transocean Inc. -- Moody's assigns Caa1 rating to Transocean's proposed $750 million unsecured notes
Moody's Investors Service, ("Moody's") assigned a Caa1 rating to Transocean Inc.'s (Transocean) proposed new $750 million senior priority guaranteed unsecured notes due 2027 (New PGNs). The New PGNs will be unsecured, but will be guaranteed by certain Transocean subsidiaries and its parent company Transocean Ltd. The New PGNs will be pari passu to the existing $2.25 billion PGNs which are rated Caa1.
- GlobeNewswire
Transocean Ltd. Announces Pricing of U.S. $750 Million of Senior Unsecured Notes due 2027
Transocean Ltd. (RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has priced its previously-announced offering of U.S. $750 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed by Transocean Ltd. and certain of Transocean Inc.’s subsidiaries. Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes. The Notes and the guarantees (together, the “securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
- GlobeNewswire
Transocean Ltd. Announces $352.9 Million in New Rig Contracts, Options Exercised By Customers
Transocean Ltd. (RIG) announced today that as the offshore drilling market continues to improve, the company is observing an increase in contract opportunities for its ultra-deepwater and harsh environment drilling services. “Customer demand for the highest specification ultra-deepwater floaters now equals or exceeds the number of marketable rigs currently available in many areas,” said Transocean President and Chief Executive Officer Jeremy Thigpen.
- GlobeNewswire
Transocean Ltd. Announces Offering of Notes
Transocean Ltd. (RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has commenced an offering of U.S.$750 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed by Transocean Ltd. and certain of Transocean Inc.’s subsidiaries. Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes. The Notes and the guarantees (together, the “securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.
- Zacks
Oil Drillers Keep Removing Rigs From Permian & Cana Woodford
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
- MarketWatch
Why oil could hit $80 even without a ‘full-blown’ U.S.-Iran war
Oil prices could “make a run at $80” a barrel even in the absence of a full-blown U.S.-Iran war, one analyst says. And that isn’t necessarily bad news for U.S. stocks, history shows.
- Barrons.com
Dow Set to Tumble After U.S. Airstrike Kills Top Iranian General
U.S. stocks were set to open with heavy losses Friday after the U.S. launched an airstrike on a top Iranian general, sending the price of oil higher on worries over increased tensions.
- Simply Wall St.
Did Changing Sentiment Drive Transocean's (NYSE:RIG) Share Price Down A Worrying 61%?
Transocean Ltd. (NYSE:RIG) shareholders will doubtless be very grateful to see the share price up 54% in the last...
- Zacks
Drillers Remove Oil Rigs in Permian and Cana Woodford Basins
Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.
- Insider Monkey
Hedge Fund Darlings vs. Transocean Ltd (RIG) In 2019
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]
- Zacks
Why Offshore Drilling Stocks Can Make a Comeback in 2020
It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.
- Zacks
Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play
Since February 2018, drillers in the United States have added the highest number of rigs in a week.
- Oilprice.com
Oil Prices Head Higher Despite OPEC+ Skepticism
While skepticism around the OPEC+ agreement does present a downside risk for oil prices, economic optimism and a weaker U.S. dollar continue to drive oil higher
- Zacks
Oil & Gas Stock Roundup: Chevron's 2020 Capex, Transocean's Contract Win & More
Chevron (CVX) set its investment budget for 2020 at $20 billion. Meanwhile, Transocean (RIG) announced that it has been awarded a one-year contract worth $91 million.
- Zacks
Transocean's Driller III Contract Win to Add $91M to Backlog
The new deal, set to start in second-quarter 2020, will boost Transocean's (RIG) backlog and cash flow.
- Zacks
Drillers in US Plays Add Oil Rigs Despite Conservative Budget
In Permian, drillers lower rigs in seven of eight weeks.
- GlobeNewswire
Transocean Ltd. Announces Contract Award for Development Driller III
Transocean Ltd. (RIG) announced today that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.
- Zacks
Oil & Gas Stock Roundup: Kinder Morgan's 2020 Plans, Chesapeake's Debt Financing & More
The U.S. crude benchmark marked the highest settlement since September after the OPEC+ group announced cutting output by as much as 500,000 barrels per day from Jan 1 for three months.
- Zacks
Oil Drillers Remove Rigs From Permian Basin & Cana Woodford
In the Permian Basin, oil drillers remove rigs for seven weeks in a row.
