Shell (SHEL) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 9.2%, on average.

Transocean (RIG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

STEINHAUSEN, Switzerland, July 24, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. This quarter’s report includes the following updates: Deepwater Atlas – Awarded a four-well contract in the U.S. Gulf of Mexico at a dayrate of $505,000, with contingencies to perform three completions at the same dayrate.Deepwater Atlas – Awarded a two

Transocean (RIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

The stock is also having trouble with finding support currently

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference

Even with macroeconomic headwinds, crude oil has increased by 15% year-to-date. The key reason for the rally is the likelihood of potential rate cuts in the coming quarters. I believe oil will likely remain in an uptrend, and energy stocks will be back in the limelight. This column focuses on three oil and gas stocks under $10 positioned to surge from undervalued levels. An important point to note is that rate cuts will translate into a weaker dollar. This results in a rally for risky asset clas

As the U.S. stock market experiences a robust recovery, with major indices like the Dow and S&P 500 hitting new highs, investors are keenly watching for opportunities that align with current economic optimism. In this context, growth companies with high insider ownership can be particularly compelling, as significant insider stakes often signal confidence in the company's future prospects from those who know it best.