Transocean Ltd. Reports Third Quarter 2016 Results

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Go back to Transocean Ltd. Reports Third Quarter 2016 Results

Transocean (RIG) PT Raised to $11 at Jefferies as Medium-Term Improves Again; Retains Hold Rating

November 4, 2016 8:42 AM EDT

Jefferies analyst Eduardo Royes raised his price target on Transocean (NYSE: RIG) to $11.00 (from $8.50) but stopped short of upgrading the stock and maintained a Hold rating. The analyst noted the medium-term improves again.

Royes commented, "Opex continues to impress- although some of the reduction... More

Canaccord Genuity Upgrades Transocean (RIG) to Buy

November 3, 2016 7:53 AM EDT

Canaccord Genuity upgraded Transocean (NYSE: RIG) from Hold to Buy with a price target of $11.

For an analyst ratings summary and ratings history on Transocean click here. For more ratings news on Transocean click here.

Shares of Transocean closed at $9.29 yesterday.

... More

Transocean (RIG) Tops Q3 EPS by 11c, Sales Beat

November 2, 2016 5:23 PM EDT

Transocean (NYSE: RIG) reported Q3 EPS of $0.25, $0.11 better than the analyst estimate of $0.14. Revenue for the quarter came in at $903 million versus the consensus estimate of $862.21 million.

Revenues were $903 million, compared with $943 million in the second quarter of 2016;Operating and maintenance... More