10 Stocks End With Solid Performance

5. Transocean Ltd. (NYSE:RIG)

Transocean grew its share prices for a second day to finish 9.75 percent higher at $3.04 each, in line with the oil and gas drilling industry as bright prospects about the energy industry continued to dribble down to various sectors.

RIG, a leading international provider of offshore contract drilling services for oil and gas wells, stands to largely benefit from the US government’s plan to bolster energy supply in the US to unlock the country’s full energy potential and bring down costs for homes and businesses.

Last month, President Donald Trump announced that he reopened 625 million acres that former president Joe Biden banned from further offshore oil and gas leases as part of his support to prop up drilling for more oil and gas resources.

RIG, on the other hand, secured several contracts in the US Gulf of Mexico, including the Deepwater Conqueror, Atlas, and Asgard.