|
Gold?s New Records, Audit the Fed Lives On, An Oil Spill Opportunity and Mo
2010-05-12 22:52:00 Gold hits another record in U.S. dollars? two ways you can play the breakout. Byron King identifies an oversold oil-spill stock just off ?a near-term bottom.? Government gets it right: Senate approves watered down ?Audit the Fed?; SEC investigates Moody?s. Plus, Patrick Cox offers a worthy anecdote on the power of stem cell technology.
Transocean (RIG): Deepwater gains
2009-04-27 14:00:00 Energy sector specialist Elliott Gue sees opportunity in Transocean (NYSE: RIG), a leadin player in the deepwater drilling area. Here's the latest advice from The Energy Strategist."The market for deepwater rigs, however, has remained resilient and one drilling with direct leverage to deepwater rigs is US giant, Transocean, the world’s largest offshore drilling company, with 136 rigs as well as ten under construction. "Roughl-y 68 of those rigs are 'semisubmersibles,' and 39 are ultra-deepwater or deepwater rigs capable of drilling many of the complex plays being targeted around the world today. "All ten rigs the company has under construction are deepwater rigs, with eight qualifying as ultra-deepwater rigs."In its fourth-quarter 2008 earnings report, Transocean stated that it’s seeing considerable weakness in its jackup business in all parts of the world. [It] also has two midwater floaters that have already been idled...
Transocean (RIG): Investing in deepwater drilling
2009-01-28 06:00:00 "What’s going on with Transocean (http://www.thestockadvisors.co-m/quote.htm?sym=rig) (NYSE RIG (http://www.thestockadvisors.co-m/quote.htm?sym=rig)), the owner of the world’s biggest fleet of offshore drilling rigs?" asks Richard Moroney (http://www.thestockadvisors.co-m/ccount/click.php?id=2769).In- his Dow Theory Forecasts (http://www.thestockadvisors.co-m/ccount/click.php?id=2769), he explains, "The shares plunged 67% — nearly $100 a share — in 2008, and we can’t blame the usual suspects." Here, he explains why he continues to rate thes stock a "Focus List Buy" in his blue chip-focused advisory service."Poor operating performance? Wall Street expects 2008 per-share profi ts of $14.34, up 68%. Shaky future? Transocean is expected to grow per-share earnings 4% in 2009 and 10% annually over the next five years. "Fundamentals eroding? Not at all. The balance sheet is sturdy and the backlog stout at $41 billion, or three times expected 2009 ...
Transocean (RIG) 'Silly cheap'
2009-01-09 06:00:00 "Transocean (http://www.thestockadvisors.co-m/quote.htm?sym=) (NYSE: RIG (http://www.thestockadvisors.co-m/quote.htm?sym=)), the world’s largest offshore drilling contractor, is our favorite stock idea for 2009, says Dirk van Dijk (http://www.thestockadvisors.co-m/ccount/click.php?id=2738), CFA and director of research Zacks Investment Research (http://www.thestockadvisors.co-m/ccount/click.php?id=2738)."Tr-ansocean operates, owns or has partial ownership interests in 137 mobile offshore drilling rigs. "Its drilling fleet consists of 39 high-specification deepwater floaters, 29 mid-water floaters, 10 high specification jack-ups, 55 standard jack-ups, and 4 other rigs. Additionally, Transocean had 10 ultra-deepwater floaters under construction or contracted for construction."With a backlog of nearly $41 billion, RIG offers an unparalleled level of earnings and cash flow visibility. The positive momentum should continue due to the favorable deepwater drilling outlook that should supp...
[OIL INDUSTRY] Economic Consequences Of Sky-Rocketing Oil
2008-05-14 17:56:00 Ages ago, in the basement of our five-story walk up, my father's sideline was packaging matzo farfel. I would help him mangle the matzos there and then sell farfel door-to-door like encyclopedias. Any housewife worth her salt fried up matzo brie fritters for her family over Passover using Old Ben's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Dow Theory drills into Transocean (RIG)
2008-02-25 07:00:00 "As traditional oilfields mature, Transocean (quote.htm?sym=rig) (NYSE: RIG (quote.htm?sym=rig)) is well-positioned to profit from a move to deep underwater drilling," notes Richard Moroney (ccount/click.php?id=1768) in Dow Theory Forecast (ccount/click.php?id=1768)."Wit-h 75% of its earnings coming from deepwater drilling rigs, Transocean is the world’s largest offshore drilling contractor. "Transocean operates about 140 rigs around the world and has eight more in production. Rigs currently under construction represent a large part of the company’s $33 billion backlog through 2012."As long as oil prices remain high enough to make it profi table for oil companies to drill, Transocean should post solid earnings growth. Wall Street expects per-share earnings to grow 58% this year, after nearly tripling in 2007. "At just nine times projected 2008 earnings of $13.48 per share, Transocean trades at a slight discount to the industry average despite its strong market position an...
Transocean Reports 70 Percent Rise in Profits
2008-02-21 02:00:00 Transocean, the worlds largest oil and gas driller, reported a 70 percent rise in fourth-quarter profits. The company noted that tight supplies of oil rigs have soared demand from oil companies looking for oil in deep water have led to significant increases in rates for its offshore oil rigs.
Transocean gets $351 mln contract in Indonesia
2008-02-16 01:45:00 Transocean Inc ( said it received a contract to drill certain exploration wells in a deepwater province in Indonesia from a consortium led by a Marathon Oil Corp unit.The 689-day contract, expected to generate revenue of about $351 million, will commence in the fourth quarter of 2009, the company said in a statement.Indonesia News Blog: http://indosnesos.blogspot.com-
Job Vacancy; Transocean- Rig Administrator
2008-01-27 20:34:00 Job Vacancy Career-Lowongan Kerja terbaru | 28 January 2008:Transocean is the world’s largest offshore drilling company, with 140 full or partially owned, chartered and managed mobile offshore drilling units, inland barges and other assets utilized in the support of offshore drilling activities worldwide, with a large presence in S. E. Asia, including Indonesia.To support the operations, we urgently need a professional team player as aRig Administratorfor our Jakarta & Balikpapan office.The main role of this position is to provide support in the development of rig crew change schedule, travel, accommodation & formalities arrangement and other general administration as required. The position will be report directly to:Rig Manager & Human Resources ManagerIf you are:• Having the similar professional experiences as mentioned above• Having experiences in Oil & Gas or Hospitality Industries• Having minimum education of Diploma Degree• Fast learner and having service orientation...
Job Vacancy at Transocean
2008-01-27 00:00:00 Transocean is the world?s largest offshore drilling company, with 140 full or partially owned, chartered and managed mobile offshore drilling units, inland barges and other assets utilized in the support of offshore drilling activities worldwide, with a large presence in S. E. Asia, including Indonesia. To support the operations, we urgently need a professional team player ...
Transocean (RIG): Hesler drills for profits
2008-01-03 07:00:00 "My favorite stock for 2008 is Transocean (quote.htm?sym=rig) (NYSE: RIG (quote.htm?sym=rig))," says resources expert Curtis Hesler (ccount/click.php?id=1602), editor of Professional Timing Service (ccount/click.php?id=1602). Here, he looks at the deep water driller.
eNergySTOCKS: Sector nevertheless locks in solid gains for the week
2007-12-08 00:19:00 Oil stocks end on a whimper as crude falls. Oil and gas stocks ended a week of solid gains with a whimper Friday, pressured by a 2% drop in crude-oil and natural gas futures. Trading action was further tempered by investors' reluctance to place any big bets ahead of the Federal Reserve's... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
UNITED STATES: Stocks To Buy While Oil Is Cheap
2007-12-06 11:50:00 Last month, we speculated on what by now the big, well-informed, experienced, sophisticated, everyday traders in crude oil might think could happen to crude prices. Here is what has evolved.What has happened to their forecasts since our last letter is that the upper ends of the ranges have been... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Transocean and GlobalSantaFe Plan to Complete Merger Transactions on Nov 27
2007-11-21 01:43:00 Transoceans and GlobalSantaFe announced Today that they have recieved court approval and plan to complete the transaction on Nov 27th. The proposed merger is still subject to an investigation by the Office of Fair Trading for the United Kingdom (OFT), and the date is reliant on various closing conditions.
Transocean Recieves 3 Year Contract from Anadarko Petroleum
2007-11-20 01:28:00 Transocean reported Monday, that its ultra-deepwater drillship named the Discover Spirit has received a three-year contract with Anadarko Petroleum to drill in the Gulf of Mexico. Transocean estimates that it will recieve $569.4 million over the three year contract. The deal is expected to originate in December 2010.
Bear Stearns Raises Price Target for Transocean
2007-11-16 22:50:00 Shares of Transocean traded higher Friday as Bear Stearns increased their price target for the company up to $150 from $140 due to the earnings potential and cost savings from the pending acquistion of GlobalSante. Analyst Robin Shoemaker increased his earnings outlook upward to $14.25 per share in 2008 for the combined company.
GlobalSanteFe and Transocean Get Shareholder Approval
2007-11-09 22:24:00 GlobalSanteFe and Transocean announced that they recieved the necessary votes to complete the merger of the two companies. They currently plan to have the merger complete by the end of 2007.
Drilling demand boosts Transocean (RIG)
2007-11-06 07:00:00 “A major beneficiary of rising global demand for oil drilling equipment is Transocean (quote.htm?sym=rig) (NYSE: RIG (quote.htm?sym=rig)), the world’s largest offshore drilling contractor,” says Chuck Carlson (ccount/click.php?id=1477), a long-term, fundamental investor and leading expert on dividend reinvestment plans. And while a setback in oil prices would impact the company, the editor of The DRIP Investor (ccount/click.php?id=1477) notes, “Drilling demand should remain steady even if oil prices retreat to the $70 level.” Here is his review.
Lowongan kerja di Transocean - Fresh Graduate !!!
2007-10-08 00:00:00 Could you see yourself managing such a rig in the future? Or constructing a unit, manning it, assisting the operations team or marketing a rig to a client? Transocean can offer you these many opportunities. Transocean is the world?s largest offshore drilling company, who operate more than 80 mobile offshore drilling units all around the world, ...
Lowongan Kerja di Transocean
2007-10-08 00:00:00 Transocean is the worlds largest offshore drilling company, who operate more than 80 mobile offshore drilling units all around the world, with a large presence in S.E. Asia, including Indonesia. The fleet includes some of the ...
UNITED STATES: Aboard the discover deep seas
2007-09-03 14:11:00 Deep sea drilling in the Gulf is chancy, but... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
OiL Prices: Investing For $100 Oil
2007-08-29 06:50:00 Most of the insanity in the market this month was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
MEXICO: Mexican oil area braces for storm as calm returns to U.S. waters
2007-08-23 04:10:00 Oil and gas operations in the U.S. Gulf of Mexico... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
WESTERN HEMISPHERE: Five Oil Patch Guru Favorites by John Reese
2007-08-06 23:53:00 The huge profits raked in by oil companies over... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
eNergy STOCKS: The stocks fall into the red, again
2007-08-06 19:51:00 Energy stocks continued moving into the red on... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
eNergy STOCKS: Energy stocks traded mixed Wednesday as Wall Street kept an
2007-08-01 23:19:00 Energy stocks mixed on inventory data,... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
eNergy STOCKS: Transocean, Noble Energy and Devon Energy, earnings [Digg]
2007-08-01 23:10:00 Energy stocks traded mixed Wednesday as Wall Street kept an eye on earnings updates from Transocean, Noble Energy and Devon Energy
By: ENERGY BLOG
WESTERN HEMISPHERE: The Deal, Transocean & GlobalSantaFe [Digg]
2007-07-24 02:16:00 Drilling for Deals. As if the energy sector weren?t hot enough already, along comes the Transocean/GlobalSantaFe
By: ENERGY BLOG
WESTERN HEMISPHERE: The Deal, Transocean & GlobalSantaFe
2007-07-24 00:53:00 Transocean, GlobalSantaFe to Merge In Deal... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
eNergy STOCKS: The stocks Gain on Mergers, Earnings
2007-07-24 00:47:00 A massive deal in the oil-drilling sector gave... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
OiL Stocks: Schlumberger invigorated the oil-services companies by posting
2007-07-20 21:05:00 Oil-services shares rise; Oil indexes lag The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
By: ENERGY BLOG
Transocean: A Case Study of Risk vs. Reward
2007-04-23 00:00:00 Related Stocks: GSF, RIG Jeff Miller submits: The current issue of Barron's has a feature story by Andrew Bary, Crude Calculations, that points investors to the group of offshore drillers. We own two of these investors, Transocean, Inc. (RIG) and GlobalSantaFe Corporation (GSF) for individual clients and in our funds. Complete Story »
By: Commodity Wealth
|
|
 |
|
 |
