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Transocean is one of the best oil drilling stocks according to hedge funds, thanks to a compelling recent contract update.
Transocean said in its Q2 fleet status report that it secured two extensions and two new contracts for four of its rigs, adding $199M to total backlog.
PTTEP has let a drilling contract to Velesto Energy Berhad subsidiary Velesto Drilling Sdn. Bhd. for work on the operator's 2025–2026 drilling campaign in Malaysia. Under the contract, Velesto ...
Transocean's high leverage ties its success to offshore drilling activity. Read more on RIG stock's risks, rewards, and market factors impacting its profitability.
From a valuation standpoint, Transocean stock presently seems low-priced when evaluated against its sales or profit ...
Voya Investment Management LLC reduced its position in Transocean Ltd. (NYSE:RIG – Free Report) by 6.5% in the 4th quarter, Holdings Channel reports. The firm owned 219,236 shares of the ...
The stock of offshore oil drilling specialist Transocean (RIG 1.83%) wasn't exactly a hot item on the market Tuesday. The company's latest quarterly earnings report was published after market ...
We recently published a list of the 11 Most Promising Penny Stocks According to Analysts. In this article, we are going to take a look at where Transocean Ltd.
Transocean owns or has partial ownership interests in and operates a fleet of 34 mobile offshore drilling units, consisting of 26 ultra-deepwater floaters and eight harsh environment floaters.
The harsh-environment drilling rig Transocean Equinox is contracted for a minimum of 16 wells offshore Australia through a consortium of four operators including ConocoPhillips.
Prudential Financial Inc. grew its position in Transocean Ltd. (NYSE:RIG – Free Report) by 899.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm ...