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Transocean (RIG)

(Delayed Data from NYSE)

$6.03 USD

6.03
7,185,014

+0.03 (0.50%)

Updated May 17, 2024 04:00 PM ET

After-Market: $6.02 -0.01 (-0.17%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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D Value F Growth F Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 33% (168 out of 250)

Industry: Oil and Gas - Drilling

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Zacks News

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Chesapeake's Bankruptcy, Eni's Renewable Push & More

by Nilanjan Choudhury

The long struggling shale pioneer Chesapeake Energy (CHK) filed for Chapter 11 bankruptcy protection, while Italy's Eni SpA (E) acquired three wind farm projects.

US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks

by Zacks Equity Research

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Schlumberger Cuts Cost, Continental's Output Plans & More

by Nilanjan Choudhury

Schlumberger (SLB) announced initiatives to save roughly $1.5 billion in costs annually, while Continental Resources (CLR) said that it will gradually restore its output on improving fundamentals.

US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks

by Zacks Equity Research

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's $17.5B Writedown, ConocoPhillips' Production Plans & More

by Nilanjan Choudhury

BP plc (BP) will take a $17.5 billion write-down in its second-quarter results, while ConocoPhillips (COP) said that it will restore its oil production on improving fundamentals.

US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks

by Zacks Equity Research

Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's Job Cuts, TOTAL's Wind Farm Deal & More

by Nilanjan Choudhury

BP plc (BP) said it would cut 10,000 jobs in response to crashing oil prices, while TOTAL S.A. (TOT) agreed to purchase a 51% stake in the Seagreen 1 offshore wind farm project in Scottish waters.

Do Options Traders Know Something About Transocean (RIG) Stock We Don't?

by Zacks Equity Research

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Occidental's 2nd Dividend Cut, Williams' Solar Push & More

by Nilanjan Choudhury

Occidental Petroleum (OXY) slashed its quarterly dividend for the second time in four month, while Williams Companies (WMB) plans to develop solar energy to power its operations in nine states.

US Oil & Gas Rig Tally Hits Record Lows for 4 Straight Weeks

by Zacks Equity Research

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to worldwide social-distancing measures taken to combat the pandemic.

US Oil & Gas Rig Tally Sets Record Lows for 3 Straight Weeks

by Zacks Equity Research

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

US Witnesses All-Time Low Oil & Gas Rig Tally for Second Week

by Zacks Equity Research

Oil drillers in the Permian basin continue to remove rigs since the coronavirus pandemic dented global energy demand.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Enbridge, Petrobras & TC Energy Report Q1 Earnings

by Nilanjan Choudhury

North American midstream companies Enbridge (ENB) and TC Energy (TRP) reported better-than-expected Q1 bottom line numbers, while Brazil's Petrobras (PBR) missed earnings estimate.

Are Options Traders Betting on a Big Move in Transocean (RIG) Stock?

by Zacks Equity Research

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Linde, Phillips 66 & Marathon Petroleum Report Q1 Earnings

by Nilanjan Choudhury

Linde plc (LIN), Phillips 66 (PSX) and Marathon Petroleum (MPC) reported better-than-expected March quarter bottom line numbers.

Transocean's (RIG) Loss Meets Estimates in Q1, Revenues Lag

by Zacks Equity Research

Transocean's (RIG) Ultra-deepwater floaters contribute to 59.6% of total contract drilling revenues while Harsh Environment floaters and Midwater floaters account for the remainder.

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Oil & Gas Stock Roundup: Exxon & Chevron's Q1 Earnings, Shell's Historic Dividend Cut

by Nilanjan Choudhury

ExxonMobil (XOM) and Chevron (CVX) said that they would keep paying shareholders a quarterly dividend but Royal Dutch Shell (RDS.A) had to slash payout to weather the oil market crash.

Transocean (RIG) Reports Q1 Loss, Lags Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of 0.00% and -4.07%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

What's in the Cards for Chevron (CVX) This Earnings Season?

by Zacks Equity Research

Chevron's (CVX) first-quarter bottom line is likely to have benefited from production growth.

Why Transocean (RIG) Might Surprise This Earnings Season

by Zacks Equity Research

Transocean (RIG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

How Severely Will Coronavirus Affect Shell's (RDS.A) Q1 Earnings?

by Zacks Equity Research

Shell (RDS.A) envisions its post-tax impairment charges between $400 million and $800 million for Q1.

Things to Note Ahead of Helmerich & Payne's (HP) Q2 Earnings

by Zacks Equity Research

In fiscal Q2, slowdown in domestic onshore drilling activity could impact Helmerich & Payne's (HP) largest segment - U.S. Land.

Will Production Growth Drive Cabot (COG) in Q1 Earnings?

by Zacks Equity Research

Cabot's (COG) natural gas acreage in the Marcellus shale play positions it for solid output growth in the to-be-reported quarter.

Is a Beat Likely for Concho Resources (CXO) in Q1 Earnings?

by Zacks Equity Research

The 'oilier' nature of Concho Resources' (CXO) volume mix alongside solid commodity price realization and the impact of derivative is likely to aid its impending earnings release.

Transocean (RIG) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release

by Zacks Equity Research

Transocean (RIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.