Today's announcement of Carl Icahn's 1.5% stake in Transocean (RIG 0.64%), with intentions of acquiring more, spurred some upward movement in the share price. He made two prominent moves within the energy sector in 2012, and this is his first documented push of 2013. With the Deepwater Horizon settlement now behind it, for a lower settlement cost than the company had anticipated, will Ichan push for a dividend similar to some of Transocean's competitors? Check out the video below for Motley Fool energy analyst Taylor Muckerman's take on what this could mean for RIG investors.
Will Icahn Pursue Dividend Payment at Transocean?
By Taylor Muckerman – Jan 14, 2013 at 3:00PM
NYSE: RIG
Transocean

Market Cap
$4.3B
Today's Change
(-0.64%) $0.03
Current Price
$3.88
Price as of October 31, 2025 at 11:29 AM ET
Is a dividend on RIG's horizon with Carl Ichan picking up shares?
About the Author
Taylor Muckerman was lead energy & materials analyst for fool.com from 2012-2013. He is now Head of Retention for Motley Fool Canada.
