|Bid||5.90 x 21500|
|Ask||5.91 x 21500|
|Day's range||5.80 - 5.96|
|52-week range||5.28 - 14.47|
|Beta (3Y monthly)||2.02|
|PE ratio (TTM)||N/A|
|Earnings date||29 Jul 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||11.32|
While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.
Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Between February 11, 2016, and July 15, 2019, WTI crude oil prices rose 127.3%. The United States Oil Fund LP (USO) gained 53.9% in the period.
The decline in count for oil drilling rigs in the United States reflects conservative capital spending by domestic explorers and producers.
Transocean Ltd. (RIG) announced today that it will report earnings for the second quarter of 2019, on Monday, July 29, 2019, following the close of trading on the NYSE. Individuals who wish to participate should dial +1 323-794-2590 and refer to conference code 6485183 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.
The considerable rise in oil price over the past month has likely prompted crude drillers to add rigs despite plans of conservative investments.
Anadarko Petroleum (APC) and partners has decided to go ahead with their $20 billion Mozambique LNG project, while Archrock (AROC) agreed to buy a gas compression assets-provider for $410 million.
Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.
Although total rig count in the United States increases through the week till May 31, the tally may fall in the coming weeks owing to declining capital spending by U.S. explorers and a drop in oil prices.
Royal Dutch Shell (RDS.A) started production at its Appomattox GoM platform. Meanwhile, Rattler Midstream Partners raised $665 million in the year's biggest energy IPO so far.
The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore, Transocean, Devon and Pioneer
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The tally for oil drilling rigs in the United States not only declines for three successive weeks, but also touches the lowest mark since March 2018.
Oil drilling rig count in the United States not only declines for two weeks in a row, but also touches the lowest mark since March 2018.
Transocean Ltd. (RIG) announced today that Transocean Sentry Limited (“Transocean Sentry”), a wholly owned indirect subsidiary of Transocean, has priced an offering of U.S. $525 million in aggregate principal amount of senior secured notes due 2023 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc. and wholly owned indirect subsidiaries that own the harsh environment semisubmersible drilling rigs Transocean Endurance and Transocean Equinox, and will be secured by a lien on each of the rigs and certain other related assets. Transocean Sentry expects to receive aggregate net proceeds of approximately $517 million from the offering, after deducting the initial purchasers’ discount and estimated offering costs.