Activist investor Carl Icahn has bought 1.56% of Transocean's shares. In the following video, Foolish senior analyst Mike Olsen explains why he sees the move as a long-term win for shareholders.
Accountability and Opportunity in Deepwater Drilling
By Michael Olsen, CFA – Jan 21, 2013 at 10:45AM EST
NYSE: RIG
Transocean
Market Cap
$4.4B
Today's Change
(0.00%) $0.01
Current Price
$4.02
Price as of December 26, 2025 at 4:00 PM ET
Why Icahn's Transocean move is a plus for investors.
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Stocks Mentioned
Transocean
NYSE: RIG
$4.02 (+0.00%) $+0.01
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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