Transocean Ltd (RIG): Today's Featured Energy Loser

Transocean ( RIG) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day up 0.3%. By the end of trading, Transocean fell 92 cents (-1.8%) to $49.83 on light volume. Throughout the day, 3.1 million shares of Transocean exchanged hands as compared to its average daily volume of 5.4 million shares. The stock ranged in price between $49.59-$51.22 after having opened the day at $51.14 as compared to the previous trading day's close of $50.75. Other company's within the Energy industry that declined today were: Recon Technology ( RCON), down 11.1%, Newpark Resources ( NR), down 10.9%, Key Energy Services ( KEG), down 10.3%, and GeoMet ( GMET), down 7.8%.

Transocean Ltd. provides offshore contract drilling services for oil and gas wells worldwide. It offers deepwater and harsh environment drilling, oil and gas drilling management, and drilling engineering and drilling project management services. Transocean has a market cap of $17.36 billion and is part of the basic materials sector. Shares are up 29.1% year to date as of the close of trading on Thursday. Currently there are 16 analysts that rate Transocean a buy, one analyst rates it a sell, and seven rate it a hold.

TheStreet Ratings rates Transocean as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow.

On the positive front, Mission NewEnergy ( MNEL), up 16.5%, Houston American Energy Corporation ( HUSA), up 7.8%, Sonde Resources ( SOQ), up 7.4%, and Oil States International ( OIS), up 6.8%, were all gainers within the energy industry with Valero Energy Corporation ( VLO) being today's featured energy industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider Energy Select Sector SPDR ( XLE) while those bearish on the energy industry could consider Proshares Short Oil & Gas ( DDG).

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