Elliott Investment Management L.P. Adds $94M in Transocean Ltd. ($RIG)
Key Points
- Wall Street's consensus rating on $RIG is Hold and an average price target of $6.30.
- $RIG last traded around $6.04.
Elliott Investment Management L.P. acquired a new position in Transocean Ltd. ($RIG), according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,626,834 shares of Transocean Ltd.. Elliott Investment Management L.P.'s holdings in Transocean Ltd. were worth $94.39 million as of its most recent filing.
Transocean Ltd. ($RIG) Stock
Transocean Ltd. Earnings
Analysts Set New Price Targets
About Transocean Ltd.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Zug, Switzerland.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.