Transocean Discussing Merger With Rival Seadrill

Seadrill Stock Surges on Report of Transocean Merger Talks
The two offshore oil drilling companies have discussed how to structure a potential merger, according to a report.
Seadrill stock jumps on report of talks with Transocean
Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.
Transocean Discussing Merger With Rival Seadrill as Offshore Downturn Eases
Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill Ltd., according to people familiar with the matter, just as oil explorers around the world are returning to the sea.
Seadrill shares jump on Transocean merger rumours
Stock futures of offshore drilling companies Transocean and Seadrill were rising on Thursday on reports that the sector rivals were considering a potential merger.
Seadrill Shares Soar on Merger Talks Report
Seadrill shares rose after Bloomberg reported that the offshore drilling contractor was in talks with Transocean regarding a potential merger. Seadrill shares gained 11% in premarket trading. However, the stock is down more than a quarter since the beginning of the year. Transocean shares rose 3.4% premarket.
Transocean and Seadrill in Merger Talks as Offshore Oil and Gas Rebounds
Offshore drilling companies Transocean and Seadrill are discussing a potential merger to capitalize on the rebound in offshore oil and gas exploration.
Transocean said to be in merger talks with Seadrill, Bloomberg says
Transocean (RIG) is in discussions for a potential merger with Seadrill (SDRL), Bloomberg’s David Carnevali, Dinesh Nair, and David Wethe
Transocean in merger talks with rival Seadrill, Bloomberg News reports
Offshore drilling provider Transocean is in talks to merge with rival Seadrill Ltd, Bloomberg News reported on Wednesday, citing people familiar with the matter. The companies are discussing the potential structure of the combination,
Offshore drillers Transocean, Seadrill discussing merger - Bloomberg
Seadrill (NYSE:SDRL) +10.2% post-market Wednesday following a Bloomberg report it is in ongoing discussions with larger offshore drilling contractor Transocean (NYSE:RIG) about a potential merger. Merging with Seadrill (SDRL) would fit Transocean's (RIG) strategy of growing its list of backlog work,
Business Insider1d
Seadrill up 9% at $38.50 on Bloomberg report of potential merger with Transocean
Transocean (RIG) is also up 2% at $4.20 per share. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks ...
Business Wire5d
Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call
About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, ...
Wall Street Journal3d
Seadrill Ltd.
The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...