3 of Offshore Drilling's Biggest Players Are Now Negative on the Industry Outlook
Rupert Hargreaves, The Motley Fool - Motley Fool - Fri Apr 18, 8:49AM CDT
The offshore oil and gas drilling market is, according to many analysts, heading into a two year slowdown. With this forecast the outlook for many drillers has been downgraded by Wall Street analysts as they prepare for the worst. Even Rowan...
Transocean Ltd. Provides Fleet Status Report
Thomson Reuters ONE - Thu Apr 17, 3:16PM CDT
ZUG, SWITZERLAND-April 17, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today issued a comprehensive Fleet Status Report which provides the current status and contract information for the company's entire fleet of offshore drilling rigs. The total value of new contracts since the March 17, 2014 Fleet Update Summary is approximately $209 million.
Why Linear Technology Corp., Cliffs Natural Resources Inc., and Transocean Ltd. Are Today's 3 Worst
John Divine, The Motley Fool - Motley Fool - Wed Apr 16, 7:02PM CDT
The stock market enjoyed a third consecutive day of gains on Wednesday, as industrial production numbers topped estimates and the Federal Reserve indicated it would keep interest rates near rock-bottom lows until the U.S. approaches full employment....
Here's What This $4.5 Billion Market-Beater Has Been Buying
Selena Maranjian, The Motley Fool - Motley Fool - Wed Apr 16, 4:17PM CDT
Every quarter, many money managers have to disclose what they've bought and sold via 13F filings. Their latest moves can shine a bright light on smart stock picks. Today let's look at Atalanta Sosnoff Capital, which was founded in 1981 and is based...
After Yesterday's Rally of 1.07% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Apr 15, 4:26PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $40.96 to a high of $41.55. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $41.38 on volume of 5.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Transocean Rises 1.07% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Apr 15, 4:26PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $40.96 to a high of $41.55. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $41.38 on volume of 5.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Are the Dividends You Are Investing in as Safe as You Think?
Rupert Hargreaves, The Motley Fool - Motley Fool - Tue Apr 15, 11:53AM CDT
Offshore oil and gas drilling companies currently support some impressive dividend yields. Indeed, the sector's biggest players, Seadrill , Transocean , and Ensco offer yields of 11.1%, 5.4% and 5.9% respectively. But how sustainable are...
Will This Upgrade Help Transocean (RIG) Stock Today?
at The Street - Mon Apr 14, 8:02AM CDT
Deutsche Bank upgrades Transocean (RIG) to 'hold' from 'sell,' saying the sector has underperformed for so long.
Upgrade Alert for Transocean (RIG)
Comtex SmarTrend(R) - Mon Apr 14, 7:01AM CDT
Transocean (NYSE:RIG) was upgraded from Sell to Hold at Deutsche Bank today. The stock closed yesterday at $39.45 on volume of 6.2 million shares, above average daily volume of 5.7 million. Transocean Ltd. is an offshore drilling contractor. The Company owns or operates mobile offshore drilling units, inland drilling barges, and other assets utilized in the support of offshore drilling activities worldwide. Transocean specializes in technically demanding segments of the offshore drilling business, including deepwater and harsh environment drilling services.
Transocean LTD: Too Little Too Late?
Rupert Hargreaves, The Motley Fool - Motley Fool - Sun Apr 13, 3:41PM CDT
The past decade has been a good time to be in offshore oil and gas drilling. Well, for companies such as Seadrill that have invested heavily in new high-tech, high-spec drilling units times have been good. Unfortunately, more conservative ...
Shares of RIG Down 20.1% Since Downtrend Call on Shares
Comtex SmarTrend(R) - Fri Apr 11, 5:02PM CDT
SmarTrend identified a Downtrend for Transocean (NYSE:RIG) on December 10th, 2013 at $49.35. In approximately 4 months, Transocean has returned 20.05% as of today's recent price of $39.45.
Will Offshore Drillers Continue to Sink? - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Fri Apr 11, 2:03PM CDT
Investors do not see an immediate rebound in the offshore drilling market sentiment and expect more punishing times ahead.
Seadrill Ltd's Momentum is Set to Continue
Bob Ciura, The Motley Fool - Motley Fool - Thu Apr 10, 9:21AM CDT
Seadrill , as well as other oil drillers like Diamond Offshore and Transocean , haven't gotten much love from investors lately. Seadrill's shares are down over the past 12 months, and only increased slightly in 2013 while the broader market...
Why Intuitive Surgical, Diamond Offshore Drilling, and Transocean Ltd. Are Today's 3 Worst Stocks
John Divine, The Motley Fool - Motley Fool - Wed Apr 09, 7:03PM CDT
It was tough to lose money in the stock market today. If you threw a dart at the stock universe today and invested in whatever company the dart landed on, you'd pick a winner seven in 10 times -- unless you missed the dartboard entirely and lodged...
3 Stocks Investors Think Will Continue to Sink
Matt DiLallo, The Motley Fool - Motley Fool - Wed Apr 09, 11:40AM CDT
Photo credit: Transocean Shares of offshore drillers are off by nearly 13% so far this year. According to some investors the worst is still to come. At least that would explain why short-sellers are piling into the stocks of Transocean , ...
Transocean (RIG) Showing Signs Of Being Water-Logged And Getting Wetter
at The Street - Wed Apr 09, 11:16AM CDT
Trade-Ideas LLC identified Transocean (RIG) as a "water-logged and getting wetter" (weak stocks crossing below support with today's range greater than 200%) candidate
Transocean Set to Possibly Pullback After Yesterday's Rally of 1.72%
Comtex SmarTrend(R) - Tue Apr 08, 4:08PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $41.24 to a high of $42.32. Yesterday, the shares gained 1.7%, which took the trading range above the 3-day high of $42.08 on volume of 5.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Do New S&P 500 Stocks Become Instant Winners?
Dan Caplinger, The Motley Fool - Motley Fool - Sun Apr 06, 10:30AM CDT
Last week, the S&P 500 jumped to new record highs before posting a steep drop on Friday. Yet even though many investors think of the S&P 500 as the benchmark against which they measure their own performance, what many investors don't...
This Trend Could Run Transocean's and Diamond Offshore Drilling's Ships Aground
Tyler Crowe, The Motley Fool - Motley Fool - Sat Apr 05, 1:01PM CDT
With energy exploration and production companies reeling back their capital spending programs, just about every offshore drilling rig company is struggling to find new contracts. Two companies in particular, Diamond Offshore and Transocean ,...