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Transocean (RIG)

(Delayed Data from NYSE)

$5.74 USD

5.74
10,846,923

-0.04 (-0.69%)

Updated Apr 25, 2024 04:00 PM ET

After-Market: $5.74 0.00 (0.00%) 5:26 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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C Value C Growth D Momentum D 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 37% (159 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Transocean (RIG) Q2 Earnings on Deck: What Would it Reveal?

Lower utilization and higher costs are likely to have hurt Transocean's (RIG) Q2 bottom line. However, impressive revenue efficiency might have aided the results somewhat.

Earnings Preview: Transocean (RIG) Q2 Earnings Expected to Decline

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.

Transocean (RIG) Dips More Than Broader Markets: What You Should Know

Transocean (RIG) closed at $8.19 in the latest trading session, marking a -0.73% move from the prior day.

Transocean (RIG) Announces $518 Million Drillship Contract

Transocean (RIG) secures a $518 million ultra-deepwater drillship contract, reinforcing its market position.

Transocean (RIG) Gains But Lags Market: What You Should Know

In the latest trading session, Transocean (RIG) closed at $8.05, marking a +0.37% move from the previous day.

Transocean (RIG) Reports Exercise of Options for Rig Drilling

Transocean (RIG) announced $172 million in six one-well options exercised for semisubmersible rig drilling.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Cheniere's Export Deal, Transocean's Contract & More

Cheniere Energy (LNG), Transocean (RIG), RPC Inc. (RES), TechnipFMC (FTI) and Vertex Energy (VTNR) were the energy headline makers during the week.

Transocean (RIG) Stock Sinks As Market Gains: What You Should Know

Transocean (RIG) closed at $6.97 in the latest trading session, marking a -0.57% move from the prior day.

Transocean (RIG) Soars 9.2%: Is Further Upside Left in the Stock?

Transocean (RIG) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Transocean (RIG) Announces $184 Million Addition to Backlog

Investors should know that the addition to backlog is important since it will affect Transocean Ltd.'s (RIG) sales, earnings and future cash flows.

How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Transocean (RIG) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Transocean (RIG) closed at $6.17, marking a -1.91% move from the previous day.

Nilanjan Choudhury headshot

3 Stocks to Gain From Higher Offshore Exploration Activity

The expected uptick in offshore oil and gas exploration spending presents opportunities for companies such as SLB (SLB), Seadrill (SDRL) and Transocean (RIG).

Transocean (RIG) Gains As Market Dips: What You Should Know

In the latest trading session, Transocean (RIG) closed at $6.23, marking a +0.16% move from the previous day.

Transocean (RIG) Gains But Lags Market: What You Should Know

In the latest trading session, Transocean (RIG) closed at $6.22, marking a +0.97% move from the previous day.

Transocean (RIG) Up 6.6% Since Last Earnings Report: Can It Continue?

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

Transocean's (RIG) 30% YTD Surge: Will the Uptrend Continue?

It would be prudent to wait for a better entry point as the timing is still not right for investors to hit the Buy button on Transocean (RIG).

Transocean's (RIG) Q1 Earnings Miss Estimates, Revenues Beat

Transocean (RIG) expects adjusted contract drilling revenues of $735 million, operations and maintenance expenses of $460 million, net interest expenses of $118 million, capital expenditure of $100 million and cash taxes of $15 million for the second quarter.

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -90% and 1.12%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Gains But Lags Market: What You Should Know

Transocean (RIG) closed the most recent trading day at $5.79, moving +0.7% from the previous trading session.

Will Transocean's (RIG) Revenue Efficiency Boost Q1 Earnings?

While strong revenue efficiency is likely to have boosted Transocean's (RIG) first-quarter results, escalation in costs might have neutralized those gains.

Helmerich & Payne (HP) Tops Q2 Earnings and Revenue Estimates

Helmerich & Payne (HP) delivered earnings and revenue surprises of 20% and 3.74%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) & Eneti Team Up for Offshore Wind Projects

Transocean (RIG) and Eneti plan to start a joint venture, focusing on offshore wind foundation installation activities.

Will Transocean (RIG) Report Negative Earnings Next Week? What You Should Know

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.

Transocean (RIG) Corrects Q1 Fleet Status Report, Stock Falls

Transocean (RIG) revises down incremental backlog in its first-quarter fleet status report, prompting a 4.4% decline in its stock price.