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-0.000862440707201362 -0.00129366106080212 -0.00172488141440272 -0.00215610176800348 0.00172488141440272 0.00517464424320832 0.00301854247520484 -0.000862440707201362
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Transocean's Dealmaking Activity Is A Sign Of Growing Confidence In The Offshore Recovery [Forbes]

Transocean (RIG)  More Company Research Source: Forbes
Last transocean earnings: 10/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
PDF Trefis Team Contributor Great Speculations i Opinions expressed by Forbes Contributors are their own. Markets The GSF Monarch mobile offshore drilling unit, operated by Transocean Ltd., left, sits docked among other mobile offshore drilling units in the Port of Cromarty Firth in Cromarty, U.K., on Tuesday, July 26, 2016. Photographer: Matthew Lloyd/Bloomberg Earlier this month, Transocean announced that it planned to acquire offshore drilling contractor Ocean Rig in a cash-and-stock deal valued at about $2.7 billion, as it looks to strengthen its ultra-deepwater fleet ahead of an anticipated recovery in the offshore drilling markets. The deal, which is subject to the approval of shareholders of both companies, comes just about nine months after the company completed its takeover of Songa Offshore, significantly adding to its fleet of harsh environment rigs. Below, we [Read more]

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