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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 Buy24.08%
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 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 25% (186 out of 249)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Transocean (RIG) Soars 13.5%: 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) Up 29.9% 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.

Precision Drilling (PDS) Stock Jumps 6.2%: Will It Continue to Soar?

Precision Drilling (PDS) 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.

Nabors (NBR) Soars 11.2%: Is Further Upside Left in the Stock?

Nabors (NBR) 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) Stock Rises Despite Posting Wider Q4 Loss

Transocean's (RIG) share price goes up 13.3% despite the fourth-quarter loss being wider than the consensus mark.

Transocean (RIG) Reports Q4 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -90% and 0.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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.

Why Fast-paced Mover Transocean (RIG) Is a Great Choice for Value Investors

Transocean (RIG) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Is Warrior Met Coal (HCC) Stock Outpacing Its Oils-Energy Peers This Year?

Here is how Warrior Met Coal (HCC) and Transocean (RIG) have performed compared to their sector so far this year.

Precision Drilling (PDS) Reports Q4 Loss, Tops Revenue Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of -27.34% and 4.31%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Zacks Industry Outlook Highlights: Helmerich & Payne, Transocean, Patterson-UTI Energy, and Nabors Industries

Helmerich & Payne, Transocean, Patterson-UTI Energy, and Nabors Industries are highlighted n this Industry Outlook article.

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These 4 Oil & Gas Drilling Stocks Are Worth a Closer Look

An increase in contracting activity and supportive dynamics should help the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) enjoy some upside momentum.

Eni (E) Acquires Solar Konzept Greece Amid Clean Energy Plan

With the acquisition, Eni (E) extends its renewable energy footprint to Greece as it aims to reach carbon neutrality by 2050.

Is Kimbell Royalty (KRP) Outperforming Other Oils-Energy Stocks This Year?

Here is how Kimbell Royalty (KRP) and Transocean (RIG) have performed compared to their sector so far this year.

Transocean (RIG) Down 18.2% 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.

Transocean (RIG) Stock Hardly Shifts Since Posting Wider Q3 Loss

Transocean's (RIG) operating and maintenance costs in Q3 decrease to $398 million from $470 million a year ago.

Is Transocean (RIG) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Transocean (RIG), Intellilift Team Up for Software Solutions

Transocean (RIG) and Intellilift aim to provide software solutions, allowing operators to improve the consistency of their operations.

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Oil & Gas Stock Roundup: A Whole Lot of Big Oil Earnings

Energy supermajors ExxonMobil (XOM), Chevron (CVX), TotalEnergies (TTE) and Eni (E) turned in a better-than-expected third-quarter earnings helped by higher commodity prices. The only exception was Royal Dutch Shell (RDS.A), which reported an underwhelming bottom line.

Transocean (RIG) Reports Q3 Loss, Misses Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -18.75% and -4.50%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

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.

Nilanjan Choudhury headshot

Chevron's Net-Zero Goal & Occidental's Ghana Sale Dominate Oil & Gas Stock Roundup

Apart from Chevron (CVX) and Occidental Petroleum (OXY), there was news from Transocean (RIG), Cheniere Energy (LNG) and TechnipFMC (FTI) during the week.

Transocean (RIG) Aims to Cut GHG Emissions by 40% Through 2030

Transocean (RIG) is dedicated to using its resources and skills in favor of its clients' lower-carbon energy initiatives, which may include carbon capture and sequestration.

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Oil & Gas Stock Roundup: Week's Action Highlighted by Exxon & BP

Apart from ExxonMobil (XOM) and BP plc (BP) there was news from TotalEnergies (TTE), Phillips 66 (PSX) and Eni (E) during the week.

Nilanjan Choudhury headshot

ExxonMobil & Chevron Highlight the Oil & Gas Stock Roundup

Apart from ExxonMobil (XOM) and Chevron (CVX) there was news from The Williams Companies (WMB), Enbridge (ENB) and Suncor Energy (SU) during the week.