NEW YORK (TheStreet) -- Transocean shares are up 4.76% to $19.13 on Friday after the international offshore contract drilling services provider released its fleet status update after the closing bell yesterday. Also influencing the stock today is rising oil prices. The company reported today that the total value of new contracts since its last fleet status update a month ago is approximately $453 million including contracts awarded to two rigs that had previously been idle. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.
Comment on Transocean (RIG) Stock Gains Today on Rising Oil Prices Despite Disappointing Fleet Status Update
twocents@thestreet.com (Tony Owusu), The Street
Fri, 12/19/2014 - 10:25am
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