Transocean Already 6% Up, Almost Five Hours Before The NYSE Open

(VIANEWS) – The NYSE opens in less than five hours and Transocean‘s pre-market value is already 6.6% up.

Transocean’s last close was $6.36, 17.83% below its 52-week high of $7.74.

The last session, NYSE finished with Transocean (RIG) falling 1.4% to $6.36. NYSE rose 1.15% to $15,374.91, after five consecutive sessions in a row of gains, on what was an all-around bullish trend trading session.

About Transocean

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, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Earnings Per Share

As for profitability, Transocean has a trailing twelve months EPS of $-0.92.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.72%.

Volume

Today’s last reported volume for Transocean is 16478376 which is 43.7% below its average volume of 25381200.

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.4%, now sitting on 2.59B for the twelve trailing months.

More news about Transocean (RIG).

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