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Arlington Capital Management Inc. acquired a new stake in Transocean Ltd. (NYSE: RIG) during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 534,299 shares of the offshore drilling services provider's stock, valued at approximately $2,613,000. Transocean makes up approximately 1.5% of Arlington Capital
Iran's latest threat against US energy assets in the Gulf sent oil past $91 a barrel, and the money is already rotating into a handful of names before most investors notice the trade is live.
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RIG benefits from strong contracts, high fleet uptime and a tightening deepwater market, but high debt, interest costs and rising uncommitted fleet exposure pose risks.
VANCOUVER, BC, Aug. 31, 2026 /PRNewswire/ -- Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) ("Nevada King" or the "Company") is pleased to announce that it has secured a fourth drill rig for its 100% owned, 130km2 Atlanta Gold Mine Project ("Atlanta") in southeast Nevada. The Company has also identified a large, previously undrilled gold target located immediately north of the East Ridge Target, which is adjacent to the Atlanta resource.
Transocean's improving cash flow, falling debt and strong backlog support upside, but high interest costs and valuation keep the risk-reward balanced.
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RIG lands a two-year ONGC drillship award worth about $300 million, with priced options that could extend deployment in India into early 2031.