The New Year hasn’t brought any good news for Transocean LTD (NYSE:RIG) as the oil drilling company is losing its share value aggressively. The $9.1 billion debt of the company might reach a junk status without any improvement in crude oil prices, says Moody’s Investor Service. The shares of the owner of the world’s largest…
Transocean LTD (RIG) Takes Dual Hit With Low Crude Oil Prices And $2.8 Billion In Charges Write-Off In Third-Quarter 2014
It was a depressing quarterly result announcement for Transocean LTD (NYSE:RIG) considering the $2.76 billion impairment charges towards the 2010 Deepwater Horizon explosion. The oil company reported net loss of $2.217 billion attributable to controlling interest during the quarter. Transocean LTD (NYSE:RIG) reported its third quarter 2014 financial results with net revenues of $2.270 billion…
Transocean LTD (RIG) and CVR Energy, Inc. (CVI) – Carl Icahn’s High Dividend Stock Picks
The latest SEC 13F filing of Icahn Capital LP, managed by Carl Icahn, for the second quarter 2014 highlighted minimum changes in his portfolio except that of Apple Inc (NASDAQ:AAPL) which comprises 12.72% of his portfolio. Among the stocks with highest dividends, Transocean LTD (NYSE:RIG) and CVR Energy, Inc. (NYSE:CVI) top the list. (You can…