NYSE:RIGEnergy Services
Transocean (RIG) Valuation Check As New Drilling Contracts And A 52-Week High Draw Attention
Transocean (RIG) has attracted fresh attention after its shares touched a 52-week high of US$4.56, coinciding with new drilling contracts in Brazil and Australia and contract extensions that expanded its backlog.
See our latest analysis for Transocean.
The fresh contracts and 52-week high come alongside solid recent momentum, with a 1-day share price return of 7.67% and a 30-day share price return of 15.46%. The 1-year total shareholder return of 19.64% contrasts with a 3-year total...