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Transocean (RIG)

(Delayed Data from NYSE)

$6.03 USD

6.03
7,406,086

+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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Bottom 33% (168 out of 250)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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Oil & Gas Stock Roundup: Equinor's Mariner Starts Up, BP Expands India Business

Norwegian behemoth Equinor (EQNR) started oil production from the Mariner field in the UK North Sea, while British supermajor BP plc (BP) inked a new JV in India to set up 5,500 petrol pumps.

Cana Woodford, DJ-Niobrara & Eagle Ford Add Oil Drilling Rigs

In the past seven weeks, oil drillers in the United States manage to increase the count of oil drilling rigs for the first time.

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Oil & Gas Stock Roundup: Eni, TC Energy, Pioneer Natural Q2 Earnings

Eni (E) reported comprehensive earnings miss, TC Energy's (TRP) bottom line matched the Zacks Consensus Estimate, while Pioneer Natural Resources (PXD) outperformed our profit projection.

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Oil & Gas Stock Roundup: Exxon, Chevron, Shell Report Q2 Earnings

Integrated majors ExxonMobil (XOM), Chevron (CVX) and Royal Dutch Shell (RDS.A) were able to grow their production in the second quarter from a year ago.

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Oil & Gas Stock Roundup: BP and TOTAL Report Q2 Earnings

European integrated majors BP plc (BP) and TOTAL S.A. (TOT) reported contrasting second-quarter earnings.

Transocean (RIG) Q2 Loss Wider Than Expected, Sales Lag

Transocean (RIG) posts dismal Q2 results amid lower-than-anticipated revenues from Harsh Environment floaters and increase in costs.

Transocean (RIG) Reports Q2 Loss, Misses Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -3.03% and -2.06%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

Oil Stocks Q2 Earnings Roster for Jul 29: RIG, NOV & MDR

The energy sector's second-quarter 2019 earnings and revenues are expected to decline 17.6% and 2.6%, respectively, from the year-ago period.

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Oil & Gas Stock Roundup: Schlumberger & Halliburton Report Q2 Earnings

While the North America business environment remains challenging, both Schlumberger (SLB) and Halliburton (HAL) expect international drilling activity to continue with the broad-based recovery.

Analysts Estimate Transocean (RIG) to Report a Decline in Earnings: What to Look Out for

Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Permian Witnesses Oil Rig Count Decline in 10 of 13 Weeks

The United States witnesses the lowest oil drilling rig count in the week through Jul 12 after February 2018.

US Oil Rig Tally Falls After 2 Straight Weeks of Increase

The decline in count for oil drilling rigs in the United States reflects conservative capital spending by domestic explorers and producers.

Permian Adds Oil Drilling Rigs After 3 Weeks of Decline

The considerable rise in oil price over the past month has likely prompted crude drillers to add rigs despite plans of conservative investments.

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Oil & Gas Stock Roundup: Anadarko's Mozambique FID, Archrock's Acquisition & More

Anadarko Petroleum (APC) and partners has decided to go ahead with their $20 billion Mozambique LNG project, while Archrock (AROC) agreed to buy a gas compression assets-provider for $410 million.

Permian Witnesses Oil Rig Count Decline in 9 of 10 Weeks

Permian drillers are getting more efficient with the deployment of lesser rigs to produce more volumes of crude.

Permian Continues to Witness Loss of Oil Drilling Rigs

Permian sees decline in oil drilling rig count in eight of the last nine weeks.

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Oil & Gas Stock Roundup: Comstock's Acquisition, Shell's Strategy Update & More

Comstock Resources (CRK) agreed to buy Cover Park Energy for $2.2 billion. Meanwhile, Royal Dutch Shell (RDS.A) pledged to return at least $125 billion to its shareholders between 2021 and 2025.

Permian Basin Witnesses the Loss of 6 Oil Drilling Rigs

The tally for crude drilling rigs in the United States slips to the lowest level since February 2018.

National Oilwell Inks Deal to Sell 20K BOP to Transocean

The initial utilization of National Oilwell's (NOV) 20K BOP stack is likely to occur in 2021 in the Gulf of Mexico.

Permian Basin Adds Oil Rig for the First Time in 7 Weeks

Although total rig count in the United States increases through the week till May 31, the tally may fall in the coming weeks owing to declining capital spending by U.S. explorers and a drop in oil prices.

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Oil & Gas Stock Roundup: Shell's Appomattox Start-Up, Rattler Midstream's IPO & More

Royal Dutch Shell (RDS.A) started production at its Appomattox GoM platform. Meanwhile, Rattler Midstream Partners raised $665 million in the year's biggest energy IPO so far.

The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore, Transocean, Devon and Pioneer

The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore, Transocean, Devon and Pioneer

Transocean (RIG) Down 14.9% Since Last Earnings Report: Can It Rebound?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Permian Oil Rig Tally Declines in 6 Successive Weeks

The tally for oil drilling rigs in the United States not only declines for three successive weeks, but also touches the lowest mark since March 2018.

Permian Oil Rig Tally Declines in 5 Consecutive Weeks

Oil drilling rig count in the United States not only declines for two weeks in a row, but also touches the lowest mark since March 2018.