Transocean Newswire (Page 9)

Transocean Newswire (Page 9)

Comprehensive Real-Time News Feed for Transocean. (Page 9)

Results 161 - 180 of 5,588 in Transocean

  1. Chesapeake, Transocean Surge Again on Oil SpikeRead the original story

    Mar 4, 2016 | TheStreet.com

    Another big day for oil helped buoy Chesapeake Energy and Transocean to the top of the S&P 500 Friday. Shares of Oklahoma City-based Chesapeake jumped 22% on the day, as the oil and gas giant again profited from a recovery in crude prices, which increased more than 4% to $35.98 a barrel Friday, based on U.S. benchmark West Texas Intermediate.

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  2. U.S. Stocks Post Third Straight Week of Gains; Seadrill Shares SurgeRead the original story w/Photo

    Mar 4, 2016 | TheStreet.com

    ... for crude, also rose 4.7 percent, trading shy of $39 a barrel. Not surprisingly, Chesapeake Energy (CHK) and Transocean (RIG) were the best performing stocks in the S&P 500 Friday. Meanwhile, Seadrill (SDRL) shares were in focus as investors cover ...

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  3. Q1 2016 EPS Estimates for Transocean LTD (RIG) Lowered by AnalystRead the original story w/Photo

    Mar 3, 2016 | AmericanBankingNews.com

    Equities research analysts at Jefferies Group reduced their Q1 2016 EPS estimates for shares of Transocean LTD in a research note issued to investors on Monday, Zacks Investment Research reports. Jefferies Group analyst E. Royes now expects that the firm will post earnings of $0.29 per share for the quarter, down from their previous estimate of $0.56.

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  4. Transocean says rig glut will drag out offshore-drilling recoveryRead the original story w/Photo

    Mar 3, 2016 | Seeking Alpha

    Rig-use rates, which have fallen ~70% in the past year and 90%-plus for the most advanced semi-submersible units, likely will begin to pick up within the next year or two, but the market will remain challenging and drillers will have to wait longer to see substantially higher charter fees, the CFO says. RIG has led efforts to reduce surplus capacity by scrapping 24 floating rigs, or half the total number taken out of service, Mey says, adding that the company has 10-15 more that could be scrapped.

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  5. Oxford Asset Management Buys New Stake in Transocean LTDRead the original story w/Photo

    Mar 3, 2016 | AmericanBankingNews.com

    Oxford Asset Management purchased a new stake in shares of Transocean LTD during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 1,447,271 shares of the offshore drilling services provider's stock, valued at approximately $17,700,000.

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  6. Offshore drillers rallied today despite Ensco downgradeRead the original story w/Photo

    Feb 26, 2016 | Seeking Alpha

    Shares of offshore drillers gained across the board today, even as Ensco was downgraded to Underperform at Wells Fargo and Transocean was maintained with a Sell rating at Evercore ISI. Wells Fargo says ESV improved its liquidity by cutting its dividend , and has $1.3B of cash and full availability on its $2.25B revolver, but backlogs were down 40% Y/Y as offshore activity fell and competition intensified, and the industry expects 70 new jackups to come out of shipyards in 2017.

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  7. What's working now may not work tomorrow, or even later today.Read the original story

    Feb 26, 2016 | TheStreet.com

    ... if oil goes higher. Next thing you know, it is up 12%. When traders see that gain, they immediately reach for Transocean (RIG) and Diamond Offshore (DO), even as they are doing far worse. Who cares? Party on! So Transocean and Diamond are up 10% and ...

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  8. Transocean: Don't Get Carried AwayRead the original story w/Photo

    Feb 26, 2016 | Seeking Alpha

    ... cash, and this is bad news for investors as the company has a number of debt maturities coming up from this year. Transocean's (NYSE: RIG ) fourth-quarter results turned out to be quite attractive. The company's revenue was down just 17% ...

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  9. Transocean LTD (RIG) Expected to Post Q2 2016 Earnings of ($0.26) Per ShareRead the original story w/Photo

    Feb 26, 2016 | AmericanBankingNews.com

    Research analysts at Capital One Financial Corp. cut their Q2 2016 earnings estimates for shares of Transocean LTD in a note issued to investors on Wednesday, according to Zacks Investment Research . Capital One Financial Corp. analyst L. Lemoine now anticipates that the brokerage will earn per share for the quarter, down from their prior estimate of .

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  10. Ensco - All You Need To Know About 2015Read the original story w/Photo

    Feb 26, 2016 | Seeking Alpha

    ... Q4 and zero pay days. It is possible that Petrobras uses it as a reason to terminate the rig? As I said with Transocean (NYSE: RIG ) recently, we have to look beyond this downturn and ask ourselves if whether the company will be able to survive this ...

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  11. Seadrill Is All WetRead the original story w/Photo

    Feb 26, 2016 | Seeking Alpha

    ... oversupplied with multiple rigs chasing a dwindling pool of buyers. Big oil is cutting unprofitable contracts -- Transocean (NYSE: RIG ) had two contracts canceled in the month of February alone. Meanwhile, new deals are being negotiated at lower ...

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  12. Transocean Increases Cash And Decreases DebtRead the original story w/Photo

    Feb 26, 2016 | Seeking Alpha

    Transocean reported its Q4 results and simply obliterated street consensus. Analysts on average were expecting EPS to come at $0.73 per share on revenues of $1.43 billion, whereas RIG reported $1.68 on revenues of $1.85 billion.

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  13. Seadrill To Announce Restructuring Actions Within The Next Few Months - What Will They Look Like?Read the original story w/Photo

    Feb 26, 2016 | The US Market Blog

    ... already know me as one of the biggest bears on the offshore drilling industry, and if anything, today's Seadrill, Transocean (NYSE: RIG ) and Ensco (NYSE: ESV ) conference calls only reinforced my view that the worst is yet to come for the industry. ...

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  14. Transocean - All You Need To Know About 2015Read the original story w/Photo

    Feb 25, 2016 | Seeking Alpha

    ... by an elevated termination fee amount of $367 million in 4Q'15. I recommend to consider a long-term view on Transocean and try to see beyond 2017. In this perspective, Transocean is trading in an oversold territory that should be considered as. This ...

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  15. Transocean LTD (RIG) Shares Sold by Factory Mutual Insurance CompanyRead the original story w/Photo

    Feb 25, 2016 | AmericanBankingNews.com

    Factory Mutual Insurance Company lowered its position in shares of Transocean LTD by 54.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 155,000 shares of the offshore drilling services provider's stock after selling 183,300 shares during the period.

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  16. US Exports First Shale GasRead the original story

    Feb 25, 2016 | Marine News

    ... $2.9 Billion * Cash From Operating Activities of $423 Million in Fourth Quarter and $1.7 Billion for Full Transocean Ltd. Reports Fourth Quarter And Full Year 2015 Results:- Revenues were $1.85 billion, up from $1.61 billion in the third quarter of ...

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  17. Transocean LTD (RIG) Sees Large Volume Increase After Earnings BeatRead the original story w/Photo

    Feb 25, 2016 | AmericanBankingNews.com

    Transocean LTD shares saw an uptick in trading volume on Thursday after the company announced better than expected quarterly earnings, Market Beat Ratings reports. 11,963,522 shares were traded during mid-day trading, a decline of 15% from the previous session's volume of 14,144,622 shares.The stock last traded at $7.99 and had previously closed at $8.20.

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  18. Transocean Will Trend HigherRead the original story w/Photo

    Feb 25, 2016 | GuruFocus.com

    ... perspective, several offshore drilling stocks are oversold in the near term and are likely to bounce back. Transocean ( NYSE:RIG ) has declined by 34% in YTD16, and the stock has some upside in the near term. I am bullish on Transocean for the ...

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  19. Transocean -4% following "messy quarter"Read the original story w/Photo

    Feb 25, 2016 | Seeking Alpha

    Transocean turns sharply lower, failing to hold an opening gain, after reporting a " messy quarter " that would have seen a 34% Y/Y decline in revenues without $367M in early termination fees. While acknowledging ample liquidity for near-term capex and debt needs, Evercore ISI's James West remains concerned about RIG's fleet, with a third of the ultra-deepwater and half of the midwater floaters now stacked.

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  20. I Was Right About TransoceanRead the original story w/Photo

    Feb 25, 2016 | Seeking Alpha

    Shares of Transocean moved meaningfully higher after the market closed on February 24th in response to a positive earnings release. Management reported strong sales and earnings and show that it can still cut costs year-over-year, which is bullish for the long run.

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