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After Earnings, Is Transocean Stock the Best Energy Play?

Gabriel Osorio-Mazilli
Written by Gabriel Osorio-Mazilli | Reviewed by Shannon Tokheim
February 20, 2025

Key Points

  • Transocean stock just reported its latest quarterly earnings figures, which point to more bullish developments in the company, such as backlog and demand.
  • Wall Street sees double-digit upside ahead as tailwinds in the global economy buildup.
  • Institutional capital has recently been bought in, siding with Warren Buffett's view of the energy sector.
  • MarketBeat previews the top five stocks to own by April 1st.
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Gabriel Osorio-Mazilli
About The Author

Gabriel Osorio-Mazilli

Contributing Author

Value Stocks, Asian Markets, Macro Economics

Learn More about Gabriel Osorio-Mazilli
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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Energy Select Sector SPDR Fund (XLE)N/A$93.23+0.4%3.09%15.58Moderate Buy$93.23
Occidental Petroleum (OXY)
4.5629 of 5 stars		$49.05+2.4%1.96%20.10Hold$60.45
Transocean (RIG)
4.4328 of 5 stars		$3.14-2.8%19.11%-4.30Hold$5.23
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