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Transocean (RIG)

(Delayed Data from NYSE)

$5.57 USD

5.57
16,000,661

+0.20 (3.72%)

Updated May 3, 2024 04:00 PM ET

After-Market: $5.54 -0.03 (-0.54%) 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 30% (177 out of 252)

Industry: Oil and Gas - Drilling

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Zacks News

Eni (E) Makes Gas Discovery at Nargis-1 Well Offshore Egypt

by Zacks Equity Research

The discovery is intended to be developed by utilizing Eni's (E) existing facilities.

What Makes Transocean (RIG) a Strong Momentum Stock: Buy Now?

by Zacks Equity Research

Does Transocean (RIG) have what it takes to be a top stock pick for momentum investors? Let's find out.

Strength Seen in Transocean (RIG): Can Its 6.9% Jump Turn into More Strength?

by Zacks Equity Research

Transocean (RIG) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Transocean (RIG) Announces $488 Million Addition to Backlog

by Zacks Equity Research

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

Sweta Killa headshot

Best-Performing Stocks of the Top ETF of the Fourth Quarter

by Sweta Killa

iShares U.S. Oil Equipment & Services ETF (IEZ) topped the list of the best-performing U.S. equity ETFs in the fourth quarter, gaining 50.7%.

Helmerich & Payne (HP) Down 9.1% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research

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

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Exxon & Chevron's 2023 Outlooks

by Nilanjan Choudhury

Apart from ExxonMobil (XOM) and Chevron ((VX), Cenovus Energy (CVE), Transocean (RIG) and Petrobras (PBR) hogged attention during the week.

Transocean (RIG) Wins 2 Ultra-Deepwater Drillship Contracts

by Zacks Equity Research

According to Transocean (RIG), the two deals represent approximately $1.04 billion in the firm's backlog.

Why Is Transocean (RIG) Down 2.2% Since Last Earnings Report?

by Zacks Equity Research

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

The Zacks Analyst Blog Highlights Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge

by Zacks Equity Research

Diamondback Energy, Chevron, ConocoPhillips, Transocean and Enbridge are part of the Zacks top Analyst Blog.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Spotlight on Deals by Diamondback, Chevron

by Nilanjan Choudhury

Apart from Diamondback Energy (FANG) and Chevron (CVX), ConocoPhillips (COP), Transocean (RIG) and Enbridge (ENB) hogged attention during the week.

Transocean (RIG) Acquires Stake in Ultra-Deepwater Drillship

by Zacks Equity Research

Transocean's (RIG) driller makes a $15-million noncontrolling investment in the joint venture that has agreed to purchase the ultra-deepwater newbuild drillship.

Transocean (RIG) Posts Narrower Q3 Loss, Shares Rise 16%

by Zacks Equity Research

Transocean's (RIG) third-quarter loss is narrower than estimates, and revenues outperform the consensus mark.

Transocean (RIG) Reports Q3 Loss, Tops Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of 60% and 7.50%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Strength Seen in Helmerich & Payne (HP): Can Its 11.2% Jump Turn into More Strength?

by Zacks Equity Research

Helmerich & Payne (HP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

Patterson-UTI (PTEN) Q3 Earnings and Revenues Surpass Estimates

by Zacks Equity Research

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 47.37% and 6.38%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

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

by Zacks Equity Research

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.

How Investors Can Grab Better Returns for Oils and Energy Using the Zacks ESP Screener

by Zacks Equity Research

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Shell & Enbridge's Renewables Push

by Nilanjan Choudhury

Apart from Shell (SHEL) and Enbridge (ENB), TechnipFMC (FTI), Transocean (RIG) and VAALCO Energy (EGY) hogged the limelight during the week.

Transocean (RIG) Gets Drilling Contract From Norway-Based Firms

by Zacks Equity Research

Transocean (RIG) secures a drilling contract to drill 17 wells and additional potential wells off the Norwegian coast from 2023 to 2027.

Transocean (RIG) Charged by Regulators Over 2019 Rig Incident

by Zacks Equity Research

Transocean (RIG) is set to appear before the court of law on Oct 12, 2022 for the September 2019 mishap on one of its rigs.

Transocean (RIG) Wins Two Drillship Contracts Worth $181M

by Zacks Equity Research

Transocean (RIG) secures two contract awards worth more than $180 million for one of its drillships to work in the U.S. Gulf of Mexico.

Why Is Transocean (RIG) Down 2.9% Since Last Earnings Report?

by Zacks Equity Research

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

Transocean (RIG) Posts Narrower Loss, Revenue Beat in Q2

by Zacks Equity Research

Transocean's (RIG) second-quarter loss is narrower than estimates and revenues outperform the consensus mark.

Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of 9.09% and 5.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?