Transocean Ltd (RIG)
Transocean is a provider of offshore contract drilling services for oil and gas wells. Co.'s primary business is to contract its drilling rigs, related equipment and work crews primarily on a dayrate basis to drill oil and gas wells. Co. focuses on ultra-deepwater and harsh environment drilling services. Co.'s mobile offshore drilling fleet consists of drillship and semisubmersible floaters used in support of offshore drilling activities and offshore support services. Also, Co.'s drilling equipment is suitable for both exploration and development. Co. further categorizes the market sectors in which it operates as follows: ultra-deepwater and deepwater, harsh environment, and midwater.
| Company Name: |
Transocean Ltd |
| Website: |
www.deepwater.com |
| Sector: |
Oil & Gas Equipment & Services |
| Number of ETFs Holding RIG: |
20 |
| Total Market Value Held by ETFs: |
$630.45M |
| Total Market Capitalization: |
$5.03B |
| % of Market Cap. Held by ETFs: |
12.53% |
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April 16, 2024 • 6:11 AM Eastern
Buy (2.58 out of 4)
8th percentile
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