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Transocean Ltd. (RIG)

NYSE - Nasdaq Real-time price. Currency in USD
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2.9150+0.0150 (+0.52%)
As of 12:30PM EDT. Market open.
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    Oil Stocks Jump on Monday: Here's Why

    Oil stocks had a great day on Monday with some climbing over 10%. The big news came from OPEC+, which is reportedly considering cutting back oil supply by over 1 million barrels per day in what's being called a "historic cut." Transocean (NYSE: RIG) jumped as much as 8.9%, Kosmos Energy (NYSE: KOS) rose 11.6%, and Tellurian (NYSEMKT: TELL) traded 10.8% higher.

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    Why Oil and Gas Stocks Plummeted Today

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    Transocean (RIG) Gets Drilling Contract From Norway-Based Firms

    Transocean (RIG) secures a drilling contract to drill 17 wells and additional potential wells off the Norwegian coast from 2023 to 2027.