Shares of Transocean RIG rose 1.47% in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 100.00% year over year to ($0.00), which beat the estimate of ($0.27).
Revenue of $930,000,000 rose by 22.69% year over year, which beat the estimate of $773,880,000.
Looking Ahead
Transocean hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Technicals
52-week high: $7.28
Company's 52-week low was at $0.76
Price action over last quarter: Up 71.09%
Company Profile
Transocean commands one of the largest deep-water and ultra-deep-water fleets in the world. Its rigs operate globally, but the major deep-water basins are in West Africa, Brazil, and the Gulf of Mexico. Transocean's customers tend to be national oil companies, independents, and international oil companies.
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