RIG's improving balance sheet and strong backlog support stability, but high debt and offshore cycle risks justify a cautious hold on the stock.
Why Transocean is on investors’ radar today With no single headline event driving attention to Transocean (NYSE:RIG) right ...
Transocean Ltd. (NYSE:RIG) is one of the Best High Volume Penny Stocks to Buy. On December 15, Joe Laetsch from Morgan ...
When I wrote my last article on Transocean at the beginning of February this year, the stock traded near 52-week lows. The shares started trading quite low in the fourth quarter of 2023 after the ...
Transocean ( ($RIG) ) has issued an update. Transocean Ltd. reported it has secured a new contract in Brazil and an extension in Norway for two of ...
The stock of offshore oil drilling specialist Transocean (NYSE: RIG) wasn't exactly a hot item on the market Tuesday. The company's latest quarterly earnings report was published after market close ...
Transocean has recently reported its 4Q 2022 and total 2022 earnings results. Such figures were broadly expected by the general market. Earlier on RIG's management also warned of a not-so-good 4Q2022.
OPEC+ has extended deep oil output cuts until 2025 in response to concerns over tepid demand growth. Despite OPEC+'s decision, concerns persist regarding slow demand growth, particularly in China.
Offshore drilling company Transocean (NYSE: RIG) was in the money on Tuesday, and investors handsomely rewarded its stock for this. Its price rose to end the day nearly 7% higher, a performance that ...
Transocean reported lower-than-expected revenue and adjusted earnings for its fourth quarter. However, the offshore drilling contractor's backlog is growing steadily. Transocean reported its ...
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