Pandemic Blues To Weigh On Transocean Stock
- Thursday, May 20, 2021, 7:12
- Market
- Add a comment
The shares of Transocean Ltd. have recovered to pre-Covid levels assisted by the recent surge in benchmark prices. However, the company’s $7.8 billion of long-term debt, which is almost 3x its current market capitalization, is a drag on shareholder returns due to sluggish demand and high interest…
About the Author
admin123 has written 23519 stories on this site.
