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.
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Accountability and Opportunity in Deepwater Drilling
By Michael Olsen, CFA
–
Jan 21, 2013 at 10:45AM
NYSE: RIG
Transocean
Market Cap
$2B
Today's Change
(-3.12%) -$0.09
Current Price
$2.63
Price as of June 4, 2025, 3:58 p.m. ET
Why Icahn's Transocean move is a plus for investors.
Michael Olsen, CFA, and The Motley Fool own shares of Transocean. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned
Transocean
RIG
$2.63
(-3.12%)
$0.09
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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