|Bid||2.0700 x 27000|
|Ask||2.0800 x 29200|
|Day's range||1.9100 - 2.1800|
|52-week range||0.6500 - 7.2800|
|Beta (5Y monthly)||2.41|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||21 Aug 2015|
|1y target est||N/A|
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The company made some complicated moves that it believes will resolve a conflict with some of its bondholders.
Shares of oil and alternative fuel stocks took a nosedive on Monday as the market sank and oil tumbled. Three of the most notable moves were Clean Energy Fuels (NASDAQ: CLNE) dropping as much as 14.9%, Pacific Ethanol (NASDAQ: PEIX) falling up to 19.1%, and Transocean (NYSE: RIG) plunging 17.8%. There are a few factors to consider today, and none of them should change your fundamental investment thesis in these stocks.