Transocean Inc. is among the world’s largest Oil and Gas Drilling sector businesses in the world. Transocean Inc.’s employees generate $1.732B in profits on $4.393B of revenue. Global output in the Oil and Gas Drilling business will likely rise substantially over the next 10 years. Long-term economic growth may lift all boats, but Transocean Inc. is determined to remain a market leader. Sectoral leadership in the Oil and Gas Drilling segment takes dedication and consistency, but management seeks out-sized growth.
Transocean Inc.’s ticker symbol RIG has recently been trading near $106.45 a share. The Transocean Inc. corporate headquarters in Houston TX predicts Oil and Gas Drilling profits will satisfy shareholders in search of risk-appropriate returns.
The significance of market volume is sometimes ignored, but with a total market capitalization of $30.673B ensures sufficient liquidity. With a beta of 1.41, the company is more volatile than the market as a whole. When the average equity moves higher, Transocean Inc. moves more aggressively.
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