Transocean stock hovers near $4 after oil’s 2025 slide; OPEC+ meeting looms
NEW YORK, January 1, 2026, 20:47 ET — Market closed Transocean Ltd. shares (RIG) finished the final U.S. trading session of 2025 unchanged at $4.13, as Wall Street took a breather ahead of the New Year’s Day market holiday. The stock’s recent range was $4.11 to $4.21 on about 23 million shares. The flat close matters because Transocean is an offshore drilling contractor, and its customers’ spending plans typically move with oil prices and confidence in longer-term demand. When crude prices weaken, investors tend to reassess how quickly oil companies will sanction new deepwater projects. That reassessment is front-and-center now