Transocean LTD (NYSE:RIG) had a tough time last year, causing the stock to swing from $46 in mid-2014 to $16 toward the end of December. Excessive supply in the deepwater drilling markets and record low crude oil price instigated the stock to tumble.
Transocean LTD (NYSE:RIG) had a tough time last year, causing the stock to swing from $46 in mid-2014 to $16 toward the end of December. Excessive supply in the deepwater drilling markets and record low crude oil price instigated the stock to tumble.
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