4 Energy Stock Stories Fueling Monday Investment Chatter

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Transocean Ltd. (NYSE:RIG): Closing price $48.37

Transocean says that the ultra-deepwater drillship Dhirubhai Deepwater KG1 has scored a new world record for the deepest water depth by an offshore drilling rig. The rig recently spudded a well in 10,411 feet of water while working for ONGC off the east coast of India. This feat exceeds the firm’s prior world record of 10,385 feet of water, which was set by the same drillship in February while working for ONGC in India.

Are these stocks a buy or sell? Let us help you decide. Check out our Stock Picker Newsletter now.


More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business