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Transocean (RIG)

(Delayed Data from NYSE)

$4.47 USD

4.47
20,598,310

-0.10 (-2.19%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $4.47 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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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 D Growth B 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 11% (223 out of 250)

Industry: Oil and Gas - Drilling

Zacks News

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4 Stocks From the Oil & Gas Drilling Industry to Watch Out For

Driven by greatly reduced costs amid stronger operating efficiencies, the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) are well equipped to deal with the prevailing market headwinds.

Marathon Oil (MRO) to Post Q1 Earnings: What's in Store?

Marathon Oil's (MRO) preliminary Q121 production of oil and natural gas averaged at 345,400 Boe/d, indicating a downfall from Q420's reported figure of 352,000 Boe/d.

Is a Surprise Coming for Transocean (RIG) This Earnings Season?

Transocean (RIG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Here's How Laredo Petroleum (LPI) Looks Ahead of Q1 Earnings

Laredo Petroleum (LPI) beat the Zacks Consensus Estimate in two of the last four quarters and missed in the other two, delivering an earnings surprise of 17.06%, on average.

Suncor (SU) to Report Q1 Earnings: Here's What to Expect

Suncor Energy (SU) beat the Zacks Consensus Estimate in three of the last four quarters and missed in the other, delivering an earnings surprise of 77.59%, on average.

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Oil & Gas Stock Roundup: Q1 Earnings From SLB, HAL, BKR, KMI & VLO

Energy companies Schlumberger (SLB), Halliburton (HAL), Baker Hughes (BKR), Kinder Morgan (KMI) and Valero Energy (VLO) reported March-quarter earnings, wherein each outperformed the Zacks Consensus Estimate.

Things You Must Note Ahead of Williams' (WMB) Q1 Earnings

The Williams Companies (WMB) beat the Zacks Consensus Estimate in two of the last four quarters, missed in one and met in the other, delivering an earnings surprise of 2.40%, on average.

Permian Witnesses Addition of Oil Rigs in 8 of Past 10 Weeks

Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States increases for five consecutive weeks.

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Oil & Gas Stock Roundup: BP's Oil Find, Chevron's Offshore Wind Foray & More

BP plc (BP) announced a GoM oil discovery, Chevron (CVX) made its maiden investment in offshore wind, while Continental Resources (CLR) and Diamondback Energy (FANG) issued Q1 earnings updates.

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Oil & Gas Stock Roundup Headlined by Shell, BP, Phillips 66 & Valero Q1 Updates

Shell (RDS.A), BP plc (BP), Phillips 66 (PSX) and Valero Energy (VLO) issued updates on their upcoming Q1 earnings. Meanwhile, Enerplus (ERF) agreed to buy some of Hess' (HES) Williston Basin assets for $312 million.

Haynesville Witnesses Addition of 1 Natural Gas Drilling Rig

Baker Hughes' (BKR) data shows that the count of oil drilling rigs in Permian Basin has risen in six of the past seven weeks.

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Oil & Gas Stock Roundup: Exxon & Conoco Q1 Updates, Pioneer's Acquisition & More

ExxonMobil (XOM) and ConocoPhillips (COP) issued first-quarter updates, while Pioneer Natural Resources (PXD) announced a $6.4 billion acquisition.

Permian Witnesses Addition of Oil Rigs for 6 Straight Weeks

Baker Hughes' (BKR) data shows that since January 2020, oil drillers in the United States have added the highest number of rigs in a week.

The Zacks Analyst Blog Highlights: Halliburton Co, Schlumberger, Transocean, Devon Energy and Diamondback Energy

The Zacks Analyst Blog Highlights: Halliburton Co, Schlumberger, Transocean, Devon Energy and Diamondback Energy

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Permian Witnesses Addition of Oil Rigs for 5 Straight Weeks

Baker Hughes' (BKR) data shows that the latest weekly oil & gas rig tally in the United States touches the highest mark since last April.

Transocean (RIG) Creates Kick Detection System for Rig Safety

Transocean (RIG) develops an EKD system with partner Enhanced Drilling to enable rapid kick detection in drilling operations and reduce time spent on flow checking.

The Zacks Analyst Blog Highlights: Halliburton Co, Schlumberger, Transocean, Devon Energy Corp and Diamondback Energy

The Zacks Analyst Blog Highlights: Halliburton Co, Schlumberger, Transocean, Devon Energy Corp and Diamondback Energy

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Permian Witnesses Addition of Oil Rigs for 4 Straight Weeks

Baker Hughes' (BKR) data shows that since January oil and gas drillers in the United States added the highest rigs in a week.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Chevron's Kitimat Decision, NOV's Subdued Outllook & More

Integrated major Chevron (CVX) decided to stop funding its Kitimat LNG export project in Western Canada, while oilfield services biggie NOV Inc. (NOV) issued a revenue warning for the first quarter of 2021.

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Oil & Gas Stock Roundup: News From Chevron, Equinor, Shell, ConocoPhillips & APA

Integrated major Chevron (CVX) earmarked growth action in its annual analyst meeting, while Norway's Equinor (EQNR) struck oil in the Barents Sea.

Permian Witnesses Addition of Oil Rigs for 3 Straight Weeks

Baker Hughes Company's (BKR) weekly rig count data reveals that for the first time since November, oil and gas drillers cut rig count in the United States.

Equinor (EQNR) & Partners Discover New Oil in Barents Sea

Equinor's (EQNR) exploration well 7220/7-4 encounters 109 meters of oil in the Sto and Nordmela formations.

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Oil & Gas Stock Roundup: Chevron & TC Energy's Buyouts, Exxon's 5-Year Plan & More

Chevron (CVX) and TC Energy (TRP) announced deals to fully own their pipeline units, while ExxonMobil (XOM) unveiled its five-year plan.

Permian Witnesses Addition of Oil Rigs for 2 Straight Weeks

Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.

The Zacks Analyst Blog Highlights: Baker Hughes Co, Halliburton Co, Schlumberger, Transocean and Diamondback Energy

The Zacks Analyst Blog Highlights: Baker Hughes Co, Halliburton Co, Schlumberger, Transocean and Diamondback Energy