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Zacks News
Will Rig Utilization Drive Transocean's (RIG) Q3 Earnings?
by Nilanjan Choudhury
In Q3, Transocean (RIG) is expected to gain from higher rig utilization. Yet, lower ultra-deepwater floater revenues and escalating costs remain concerns.
Transocean (RIG) Q3 Earnings Preview: What to Look Out For
by Zacks Equity Research
Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Permian Adds 4 Oil Drilling Rigs Despite Pipeline Bottleneck
by Zacks Equity Research
The number of rigs exploring resources in the United States increases in five of the last 10 weeks.
Slew of M&As Instill Hope: Is the Drilling Space Recovering?
by Zacks Equity Research
Within a span of less than a week, two major deals have been announced in the drilling industry, validating the fact that consolidation is gathering more steam.
Ensco to Merge With Rowan, Form Leading Offshore Driller
by Zacks Equity Research
The merger of Ensco (ESV) and Rowan to create leading offshore driller with a larger fleet size, geographic presence and customer base.
Cana Woodford Basin Witnesses Addition of 7 Oil Drilling Rigs
by Zacks Equity Research
The tally of rigs exploring resources in the United States increases in five of the prior 10 weeks.
Is the Options Market Predicting a Spike in Transocean (RIG) Stock?
by Zacks Equity Research
Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.
Oil & Gas Stock Roundup: TOTAL's Acquisition, Cheniere's LNG Supply Deal & More
by Nilanjan Choudhury
TOTAL S.A. (TOT) acquired electric vehicle charging solutions provider G2mobility, while Cheniere Energy, Inc. (LNG) signed a 15-year pact to sell liquefied natural gas to commodity trader Vitol.
Rowan Receives Two-Well Contract from Turkish Petroleum
by Zacks Equity Research
Rowan Companies' (RDC) jack-up rig, Rowan Norway, receives a contract from Turkish Petroleum to operate in the Mediterranean Sea.
Cana Woodford Basin Witnesses Removal of 6 Oil Drilling Rigs
by Zacks Equity Research
The count of rigs exploring in the United States decreases in only four of the last 10 weeks.
Equinor (EQNR) Hires Transocean Norge Under $89M Contract
by Zacks Equity Research
Equinor (EQNR) hires Transocean Norge for a six-well drilling contract in the Norwegian continental shelf (NCS). The contract is valued at about $89 million.
Transocean (RIG) Catches Eye: Stock Jumps 7.2%
by Zacks Equity Research
Transocean (RIG) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
DJ-Niobrara Basin Witnesses Addition of 2 Oil Drilling Rigs
by Zacks Equity Research
The count of rigs exploring U.S. resources increases in five of the last 10 weeks.
Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More
by Nilanjan Choudhury
Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.
The Zacks Analyst Blog Highlights: Transocean, Chevron, Halliburton and Southwestern
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Transocean, Chevron, Halliburton and Southwestern
Oil & Gas Stock Roundup: Transocean's Acquisition, Chevron's Legal Victory & More
by Nilanjan Choudhury
Transocean (RIG) agreed to buy Ocean Rig UDW for $2.7 billion, while Chevron (CVX) scored a big legal victory over pollution claims in Ecuador that immunized it from paying a $9.5 billion fine.
Louisiana & Wyoming Now Richer by a Number of Onshore Rigs
by Zacks Equity Research
The count of rig exploring U.S. resources rises across five of the last 10 weeks.
Company News For Sept 5, 2018
by Zacks Equity Research
Companies In The News are: ORIG,SWN,CRON,WPP
Transocean Ups its Offshore Game, to Buy Ocean Rig for $2.7B
by Zacks Equity Research
The deal to acquire Ocean Rig is likely to enhance the already robust backlog of Transocean (RIG) by $743 million, resulting in a total of $12.5 billion.
Cana Woodford Basin Witnesses Addition of 2 Oil Rigs
by Zacks Equity Research
The total number of rigs exploring U.S. resources increases for five in the last 10 weeks.
Why Is Transocean (RIG) Down 8.4% Since Last Earnings Report?
by Zacks Equity Research
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Oil & Gas Stock Roundup: Eclipse Resources' Merger, Schlumberger's Asset Sale & More
by Nilanjan Choudhury
Eclipse Resources (ECR) agreed to combine with peer Blue Ridge Mountain Resources, while Schlumberger (SLB) agreed to offload its marine seismic acquisition business for $600 million.
Williston Basin Witnesses Removal of 4 Oil Drilling Rigs
by Zacks Equity Research
The number of rigs exploring the United States decline for five in the past 10 weeks.
Oil & Gas Stock Roundup: Diamondback's Acquisition Steals the Show
by Nilanjan Choudhury
Diamondback Energy (FANG) took the acquisition route to expand market reach in the Permian play, while ConocoPhillips (COP) secured a payout from Venezuela.
Texas Adds 3 Onshore Rigs, New Mexico's Count Falls by 3
by Zacks Equity Research
Although the count of rigs exploring the US remains flat with the prior week, the tally is higher than the year-ago period.