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Transocean (RIG)

(Delayed Data from NYSE)

$5.40 USD

5.40
12,539,571

-0.05 (-0.92%)

Updated Jun 7, 2024 04:00 PM ET

After-Market: $5.40 0.00 (0.00%) 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 Buy24.08%
2Buy17.91%
3Hold9.44%
4Sell5.10%
5Strong Sell2.55%
S&P50011.04%

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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 C 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 32% (169 out of 248)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Permian Basin Witnesses Removal of 4 Oil Drilling Rigs

The count of rigs exploring resources in the United States decreases for three weeks in a row.

Transocean Closes Ocean Rig Buyout, Boosts Fleet Strength

Transocean (RIG) pays $2.7 billion to acquire Ocean Rig, which adds 13 units to its fleet.

Marcellus Witnesses Removal of 2 Natural Gas Drilling Rigs

The count of rigs exploring the U.S. resources declines for two weeks in a row.

Transocean Gets Shareholders' Nod for Ocean Rig Acquisition

Transocean's (RIG) Ocean Rig acquisition can create an offshore behemoth with long-term opportunities.

Transocean (RIG) Down 15.8% 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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Oil & Gas Stock Roundup: BP, Chevron Starts Production from Megaprojects

Integrated energy biggies BP plc (BP) and Chevron (CVX) started up production at their Clair Ridge and Big Foot developments, respectively.

Cana Woodford Basin Witnesses Removal of 3 Oil Drilling Rigs

The number of rigs exploring U.S. resources falls after gaining for two weeks in a row.

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

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

Permian Basin Witnesses Addition of 5 Oil Drilling Rigs

The number of rigs exploring the United States increases in six of the last 10 weeks.

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Steady Near-Term Outlook for Oil & Gas Drilling Industry

While one does not expect the sunny days of the oil and gas drilling industry to return immediately, signs of recovery can definitely be seen.

Transocean (RIG) Q3 Earnings and Revenues Beat, Shares Up

Transocean (RIG) comes up with adjusted net profit in the third quarter of 2018, courtesy of higher revenues and fleet utilization rates.

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Will Rig Utilization Drive Transocean's (RIG) Q3 Earnings?

In Q3, Transocean (RIG) is expected to gain from higher rig utilization. Yet, lower ultra-deepwater floater revenues and escalating costs remain concerns.

Transocean (RIG) Q3 Earnings Preview: 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 Adds 4 Oil Drilling Rigs Despite Pipeline Bottleneck

The number of rigs exploring resources in the United States increases in five of the last 10 weeks.

Slew of M&As Instill Hope: Is the Drilling Space Recovering?

Within a span of less than a week, two major deals have been announced in the drilling industry, validating the fact that consolidation is gathering more steam.

Ensco to Merge With Rowan, Form Leading Offshore Driller

The merger of Ensco (ESV) and Rowan to create leading offshore driller with a larger fleet size, geographic presence and customer base.

Cana Woodford Basin Witnesses Addition of 7 Oil Drilling Rigs

The tally of rigs exploring resources in the United States increases in five of the prior 10 weeks.

    Is the Options Market Predicting a Spike in Transocean (RIG) Stock?

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

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      Oil & Gas Stock Roundup: TOTAL's Acquisition, Cheniere's LNG Supply Deal & More

      TOTAL S.A. (TOT) acquired electric vehicle charging solutions provider G2mobility, while Cheniere Energy, Inc. (LNG) signed a 15-year pact to sell liquefied natural gas to commodity trader Vitol.

        Rowan Receives Two-Well Contract from Turkish Petroleum

        Rowan Companies' (RDC) jack-up rig, Rowan Norway, receives a contract from Turkish Petroleum to operate in the Mediterranean Sea.

          Cana Woodford Basin Witnesses Removal of 6 Oil Drilling Rigs

          The count of rigs exploring in the United States decreases in only four of the last 10 weeks.

            Equinor (EQNR) Hires Transocean Norge Under $89M Contract

            Equinor (EQNR) hires Transocean Norge for a six-well drilling contract in the Norwegian continental shelf (NCS). The contract is valued at about $89 million.

              Transocean (RIG) Catches Eye: Stock Jumps 7.2%

              Transocean (RIG) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

                DJ-Niobrara Basin Witnesses Addition of 2 Oil Drilling Rigs

                The count of rigs exploring U.S. resources increases in five of the last 10 weeks.

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                  Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More

                  Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.