Transocean (RIG) Downgraded From Buy to Hold
at The Street - Tue Sep 16, 8:15AM CDT
Transocean (RIG) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
5 Things Transocean LTD Management Wants You to Know
Adam Galas, The Motley Fool - Motley Fool - Mon Sep 15, 11:44AM CDT
Offshore Oil Drillers such as Transocean , Seadrill , Ensco , Noble , and Diamond Offshore have faced a difficult year, with oil companies pushing back new drilling projects into 2015 and 2016. In Transocean's most recent conference...
Jim Cramer's Stop Trading: Bad News if WTI Crude Oil Breaks Below $90
at The Street - Mon Sep 15, 10:46AM CDT
TheStreet's Jim Cramer reasoned that if WTI crude oil breaks below $90 per barrel, the labor market could suffer as a result.
SeaDrill Slips to 52-Week Low on Weak Industry Outlook - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 12, 4:20PM CDT
SeaDrill Limited (SDRL) slipped to a 52-week low of $32.37 on Sep 11.
Look for Shares of Transocean to Potentially Rebound after Yesterday's 4.04% Sell Off
Comtex SmarTrend(R) - Fri Sep 12, 3:48PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $35.79 to a high of $37.14. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $36.69 on volume of 16.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Transocean Falls 4.04% on Heavy Volume: Watch For Potential Rebound
Comtex SmarTrend(R) - Fri Sep 12, 3:47PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $35.79 to a high of $37.14. Yesterday, the shares fell 4.0%, which took the trading range below the 3-day low of $36.69 on volume of 16.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
3 Reasons Ensco PLC Stock Could Fall
Travis Hoium, The Motley Fool - Motley Fool - Fri Sep 12, 9:18AM CDT
Offshore drilling companies can often be at the whims of the energy market who contract them to drill for oil and gas. But they can also position themselves to take advantage of trends in the offshore drilling market without taking a risk on specific...
Is Transocean (RIG) Stock a Solid Choice Right Now? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Sep 12, 7:30AM CDT
Transocean is seeing solid earnings estimate revision activity and also has a great company from a Zacks Industry Rank perspective
Transocean Shares Down 13.3% Since SmarTrend's Sell Call (RIG)
Comtex SmarTrend(R) - Thu Sep 11, 5:05PM CDT
SmarTrend identified a Downtrend for Transocean (NYSE:RIG) on July 10th, 2014 at $43.13. In approximately 2 months, Transocean has returned 13.34% as of today's recent price of $37.37.
Why Diamond Offshore Drilling, Inc. Stock Has Crashed 27% in 2014
Tyler Crowe, The Motley Fool - Motley Fool - Wed Sep 10, 7:57AM CDT
The market has not been kind to offshore drilling companies this year, and Diamond Offshore Drilling has fared the worst of all the diversified offshore rig suppliers. Shares of Diamond are down 27% from the beginning of 2014. What is probably...
Is Seadrill a Buying Opportunity or Has It Sunk Too Far?
at The Street - Wed Sep 10, 5:30AM CDT
Seadrill shares should command a fair market value of $40 in the next 12 to 18 months.
BP Rating Outlook Cut to Negative by Moody's on Court Ruling - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Sep 09, 2:40PM CDT
BP plc (BP) underwent a rating action from Moody's Investors Service, a unit of Moody's Corporation (MCO).
Buy-Rated Dividend Stocks: Top 3 Companies: RIG, MO, SFUN
at The Street - Tue Sep 09, 10:30AM CDT
These 3 dividend stocks are rated a Buy by TheStreet
What Seadrill Ltd's Management Wants You to Know
Travis Hoium, The Motley Fool - Motley Fool - Sun Sep 07, 9:16AM CDT
One of the few times investors get to hear directly from management about a company's operations and direction for the future is the conference call that follows quarterly earnings reports. For investors following the offshore drilling market this...
BP's New Fine from Deepwater Horizon Spill Hits Shares - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Sep 05, 3:00PM CDT
BP plc (BP) is likely to suffer billions of dollars in civil penalties due to misconduct and gross negligence that led to the worst offshore oil spill in U.S. history, as per a ruling by a federal judge on Thursday.
Is Now the Time to Buy Transocean?
Adam Galas, The Motley Fool - Motley Fool - Fri Sep 05, 7:39AM CDT
It is no secret that offshore oil drillers have had a tough year. Shares of Transocean , Seadrill , Ensco , Noble , and Diamond Offshore have all badly underperformed the market in the last 12 months. RIG Total Return Price data by...
Gulf of Mexico residents hail ruling against BP
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - Fri Sep 05, 3:33AM CDT
NEW ORLEANS (AP) — Environmentalists, recreational fishermen and people who make their living on the Gulf of Mexico are hailing a federal judge's ruling that could mean $18 billion in additional fines for BP over the nation's worst offshore oil spill.
Ruling against BP could mean $18 billion in fines
By MICHAEL KUNZELMAN and JANET McCONNAUGHEY - AP - Thu Sep 04, 8:02PM CDT
NEW ORLEANS (AP) — BP could be looking at close to $18 billion in additional fines over the nation's worst offshore oil spill after a federal judge ruled Thursday that the company acted with "gross negligence" in the 2010 Gulf of Mexico disaster.
Transocean Ltd. Statement on Macondo Ruling
Thomson Reuters ONE - Thu Sep 04, 6:56PM CDT
ZUG, SWITZERLAND-September 4, 2014-Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that it received a decision by the United States District Court for the Eastern District of Louisiana on phase one of litigation related to the April 20, 2010 Macondo well incident involving the Deepwater Horizon. Key findings in the Court's decision with respect to Transocean are as follows:
The BP spill by the numbers
AP - Thu Sep 04, 6:06PM CDT
NEW ORLEANS (AP) — Here's a look by the numbers at the nation's worst offshore oil disaster, which occurred in April 2010 when BP PLC's Macondo well blew, resulting in an explosion and deaths aboard the drilling rig Deepwater Horizon. The rig was owned by Switzerland-based Transocean Ltd., operating under contract to BP.