Transocean LTD (NYSE: RIG) is making a run for the top in the market this morning, and for good reason. While the company hasn’t issued any news of its own, news with regard to the United States rig count is leading to excitement. Today, we’ll talk about: The rig count news; what we’re seeing from … Read more
Cliffs Natural Resources Inc (NYSE: CLF) | Transocean Ltd (NYSE: RIG) | Chesapeake Energy Corporation (NYSE: CHK) Oil stocks were having a great week last week. However, today, no matter whether you’re looking at Cliffs Natural Resources, Transocean, Chesapeake Energy, or just about any other stock in the oil and energy market, you’re likely seeing red. … Read more
Transocean Ltd (NYSE: RIG) Transocean is off to an incredible start to the trading session today. Since the opening bell, the stock has been well in the green and climbing higher. We believe we know what’s causing the gains. Below, we’ll talk about what we’re seeing from the stock, why, and what we’ll be watching … Read more
Transocean Ltd (NYSE: RIG) Transocean is having an incredibly strong trading session in the market today, and for good reason. The company reported its earnings for the second quarter, beating expectations and exciting investors. Today, we’ll talk about what we saw from the report, how the stock reacted to the news, and what we can … Read more
The energy sector late last year and particular the first few months of 2015 saw a collapsing oil that just would not find a bottom, consistent downgrades and negative forward guidance revisions. However, over the past two months, the price of crude has successfully rallied and held around the $60 a barrel range, which has … Read more