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NYSE:SDRL 2 January 2026 - 18 June 2026

Transocean drops after shares get hit by oil move, $185 million in new contracts fails to stem fall

Transocean drops after shares get hit by oil move, $185 million in new contracts fails to stem fall

Transocean Ltd shares dropped in late trading in New York on Thursday. Oil prices tumbled, and that hit the stock more than news of $185 million in new contracts for the offshore driller. The stock was recently down 5.9% at $5.25 in the NYSE’s closing imbalance period, the run-up before the 4 p.m. close when orders stack up for the auction price. The Energy Select Sector SPDR ETF, which follows big U.S. energy names, traded lower. The broader SPDR S&P 500 ETF ticked higher.
18 June 2026
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Transocean Stock Price Today: RIG Climbs as Oil Rebound Lifts Offshore Drillers

Transocean Stock Price Today: RIG Climbs as Oil Rebound Lifts Offshore Drillers

Transocean picked up 2.9% to $6.645 in Tuesday’s afternoon session, after hitting $6.715 earlier. The stock’s gain followed crude’s recovery, even as major U.S. indexes showed little direction. Brent crude climbed over 4%, landing at $104.13 a barrel. Transocean is pushing ahead with its $5.8 billion all-stock buyout of Valaris, aiming to forge a 73-rig powerhouse—even as it keeps chipping away at its debt load. Back in February, the company reported its total principal debt was down 18% to $5.686 billion. Liquidity, meanwhile, was at $1.507 billion.
24 March 2026
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Stock Market Today

  • SpaceX IPO Triggers Luxury Home Rush in SoCal, 4,400 New Millionaires Eye High-End Real Estate
    June 29, 2026, 9:06 PM EDT. SpaceX's IPO made about 4,400 new millionaires, powering up the luxury home market in Southern California. Even with the HQ shift to Texas, 7,660 staff at the Hawthorne site are helping drive demand for $5 million-plus properties stretching from Manhattan Beach to Venice. Median single-family home value in Los Angeles County sits near $999,000, already at record levels. SpaceX stock pulled back to $164, down from just above $200, but there are still big gains for employees. Some market pros expect a short-term price spike but aren't sure it will last. One buyer is after a $32 million Brentwood home. Most shares are still locked up, so any full effect on the real estate market could take months.
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