Shares of Transocean RIG rose 2.79% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 71.05% over the past year to ($0.11), which beat the estimate of ($0.13).
Revenue of $773,000,000 declined by 1.40% from the same period last year, which beat the estimate of $768,280,000.
Guidance
Transocean hasn't issued any earnings guidance for the time being.
Transocean hasn't issued any revenue guidance for the time being.
Price Action
Company's 52-week high was at $7.28
52-week low: $0.65
Price action over last quarter: down 65.27%
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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