RIG Stock Recent News
RIG LATEST HEADLINES
Transocean (RIG) closed at $6.12 in the latest trading session, marking a -1.61% move from the prior day.
In the latest trading session, Transocean (RIG) closed at $6.10, marking a +0.99% move from the previous day.
Transocean (RIG) reported earnings 30 days ago. What's next for the stock?
Most investors focus on the volume profile of the stocks they analyze, forgetting that there is another primary market that can act as a leading indicator. Options often give you a glimpse of the direction the market expects a stock to take.
Transocean (NYSE: RIG) stock price is not doing well in 2023. It has already dropped by almost 9% this year, lagging the S&P 500 and Nasdaq 100 indices that have surged to their record highs.
Transocean (RIG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
In the latest trading session, Transocean (RIG) closed at $5.41, marking a -0.37% move from the previous day.
Transocean's Q4 results showed an increase in average day rates and revenue, but also higher operating & maintenance costs and negative FCF. Lowered guidance for 2024 was not the right way for the highly leveraged company to kick off the year. Transocean's debt remains a major concern, and its ability to generate free cash flow and reduce debt will be crucial for its future prospects.
Why would you settle for the average return the stock market offers by investing in diversified indexes such as the S&P 500 or even the Nasdaq? Well, some people just don't have the time to go hunting for the best growth opportunities out in the market.
Transocean (RIG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.