RIG / 3 Offshore Oil Stocks Riding the Waves of Momentum

Transocean (RIG) expects adjusted contract drilling revenues of $760 million in the fourth quarter of 2023, based on a fleet-wide revenue efficiency o more_horizontal

Although the revenue and EPS for Transocean (RIG) give a sense of how its business performed in the quarter ended September 2023, it might be worth co more_horizontal

Transocean (RIG) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to loss of $0 more_horizontal

After the close of Wednesday's session, leading offshore driller Transocean released a rather disappointing fleet status report. While the company add more_horizontal

STEINHAUSEN, Switzerland, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third qua more_horizontal

Transocean's stock is struggling to break through the $9 resistance line, but could reach double digits this year. New drilling contracts and rising o more_horizontal

One sector generating major gains in 2023 went largely unnoticed – offshore oil stocks. Stocks in the sector exploded over the past few months, with more_horizontal

Offshore drilling services provider Transocean Ltd. RIG, +2.95% said Tuesday it's planning a private offering of $300 million of five-year bonds. more_horizontal