Drillship Sale Highlights Transocean’s Debt Concerns
Summary: Transocean Ltd. announced the sale of two drillships for a total of $342 million
Summary: Transocean Ltd. announced the sale of two drillships for a total of $342 million
Summary: Transocean is announcing new contracts and reporting record high dayrates. RIG stock is near
shaunl/E+ via Getty Images Seadrill (SDRL) +2.8% in Thursday’s trading as Citi upgrades shares to
MikeMareen/iStock Editorial via Getty Images Seadrill (NYSE:SDRL) is looking to buy more assets or create
arild lilleboe/iStock via Getty Images Transocean (NYSE:RIG) +4.3% pre-market Wednesday after announcing a 365-day contract
SlavkoSereda/iStock via Getty Images Crude futures fell Tuesday to their lowest level this year, as
Summary: On Tuesday, shares of leading offshore driller Transocean Ltd. marked new 52-week lows, likely
arild lilleboe/iStock via Getty Images Transocean (NYSE:RIG) disclosed Tuesday it agreed to sell the Development
Summary: Transocean reported weaker than expected Q2/2024 results with revenues again impacted by contract commencement
Transocean Ltd. (NYSE:RIG) has characteristics which have been historically associated with poor future stock performance.