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WorkBoat Composite Index Stocks jump 300 points in November
| 题名： | WorkBoat Composite Index Stocks jump 300 points in November |
| 正文语种： | eng |
| 作者： | David Krapf |
| 摘要： | After gaining 1% last month, the WorkBoat Composte Index took off in November, gaining 294 points, or about 15%. For the month, winners topped losers 25-2. Transocean saw its stock price triple in November on news the offshore contract driller was awarded two contract extensions from Petrobras. Together these contract extensions add approximately $297 million to Transocean's backlog. Both rigs will continue to operate in Brazil and are subject to annual indexed day rate escalations. Kirby Corp. was up 31% in November. On Nov. 18, Bank of America upgraded shares in the company to buy from neutral with a $54 price target, up from $42. BofA pointed to increases in barge and refinery utilization next year. |
| 出版年： | 2021 |
| 期刊名称： | Work Boat |
| 卷： | 78 |
| 期： | 1 |
| 页码： | 10-10 |
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