Shares of Transocean RIG fell in after-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 20.93% over the past year to ($0.34), which missed the estimate of ($0.19).
Revenue of $690,000,000 declined by 12.88% year over year, which missed the estimate of $699,080,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Revenue guidance hasn't been issued by the company for now.
Technicals
Company's 52-week high was at $4.46
Company's 52-week low was at $0.65
Price action over last quarter: Up 297.56%
Company Description
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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