Transocean Ltd. (NYSE: RIG) is the focus of IBN’s latest stock spotlight. The company’s shares have moved 2.68% on the day to $8.42.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies.
So far today, approximately 5.05M shares of Transocean Ltd. have been exchanged, as compared to an average 30-day volume of 17.05M shares.
Transocean Ltd. share prices have moved between a 52-week high of $8.79 and a 52-week low of $2.33. The stock has moved 11.62% over the past week.
To learn more about Transocean Ltd., visit the company’s website at https://www.deepwater.com.
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