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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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Bottom 11% (223 out of 250)

Industry: Oil and Gas - Drilling

Zacks News

Transocean (RIG) Reports Q3 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of 5.00% and 0.46%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Transocean (RIG) Q3 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.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: ConocoPhillips' Australia Asset Sale, Phillips 66's Buyback & More

ConocoPhillips (COP) entered into an agreement to sell some of its portfolio in Australia for $1.39 billion. Meanwhile, downstream major Phillips 66 (PSX) launched a $3 billion new buyback program.

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Oil & Gas Stock Roundup: ExxonMobil & Shell's Q3 Updates, ConocoPhillips' Dividend Hike

ExxonMobil (XOM) and Royal Dutch Shell (RDS.A) issued updates on their upcoming Q3 earnings. Meanwhile, ConocoPhillips (COP) announced a 38% dividend hike combined with a $3 billion share repurchase.

Transocean Unveils World's First Hybrid Energy Storage Unit

Transocean's (RIG) vital technological breakthrough via its operational and safety upgrade aims at lowering the usual fuel consumption by 14%, thereby curbing the toxic NOx and CO2 emissions.

The Zacks Analyst Blog Highlights: GE company, Halliburton Company, Schlumberger, Diamond Offshore Drilling and Transocean

The Zacks Analyst Blog Highlights: GE company, Halliburton Company, Schlumberger, Diamond Offshore Drilling and Transocean

The Zacks Analyst Blog Highlights: BP, ExxonMobil, Marathon Petroleum, Transocean and Kinder Morgan

The Zacks Analyst Blog Highlights: BP, ExxonMobil, Marathon Petroleum, Transocean and Kinder Morgan

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Oil & Gas Stock Roundup: BP & ExxonMobil's Multibillion Dollar Deals Steal the Show

BP plc (BP) sealed an estimated $9.61 billion worth of gas deal with a South Korean buyer, while ExxonMobil (XOM) signed an agreement to divest its oil and gas business in Norway for $4.5 billion.

The Zacks Analyst Blog Highlights: Halliburton, Noble, Transocean, Diamond Offshore Drilling and Valaris

The Zacks Analyst Blog Highlights: Halliburton, Noble, Transocean, Diamond Offshore Drilling and Valaris

Drillers in Permian Basin Continue to Remove Oil Rigs

Domestic drillers may continue to lower rigs in the oil patches as they have a conservative capital budget for 2019 and the crude pricing scenario is weak.

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    5 Reasons Offshore Drilling Stocks are Poised for a Rebound

    It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.

    Options Traders Expect Huge Moves in Transocean (RIG) Stock

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

    The Zacks Analyst Blog Highlights: Diamond Offshore, Noble, Helmerich & Payne, Independence Contract and Transocean

    The Zacks Analyst Blog Highlights: Diamond Offshore, Noble, Helmerich & Payne, Independence Contract and Transocean

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    Drilling Industry Continues to Suffer: Is Relief in Sight?

    Low oil price, conservative upstream capital budget and regulatory hurdles can keep affecting the drilling industry. However, cost reduction and efficiency gains can aid the industry.

    Nilanjan Choudhury headshot

    Oil & Gas Stock Roundup: Tellurian's LNG Deal, Equinor's Gas Find & More

    Natural gas company Tellurian (TELL) signed an MOU with India's Petronet to sell 18% stake in its proposed Driftwood LNG terminal and export 5 million tons of LNG a year from it for 40 years.

    Transocean Calls Off Korea's Samsung Twin-Drillship Contract

    Given a scenario wherein the drillship contract gets through, Transocean (RIG) will then shell out an astronomical $1.1 billion including payments to SHI plus transportation and raw material costs.

    Permian, Cana Woodford & Eagle Ford Drillers Lower Oil Rigs

    The count of oil rigs in Permian declines for six consecutive weeks.

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    Upstream Energy Stocks Decline as Crude Oil Price Falls 6%

    Explorers and producers will be less inclined to increase oil production following the renewed slump in the commodity's price.

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    Oil & Gas Stock Roundup: Energy Transfer's Acquisition, ExxonMobil's Guyana Oil Find & More

    Midstream biggie Energy Transfer (ET) said on Monday it would buy SemGroup (SEMG) for $5.1 billion. Meanwhile, supermajor ExxonMobil (XOM) confirmed its 14th oil discovery off the coast of Guyana.

    Permian & Cana Woodford Oil Drillers Continue to Remove Rigs

    While the tally of oil rigs in Permian fell for five consecutive weeks, crude drillers in Cana Woodford removed rigs for two successive weeks.

    The Zacks Analyst Blog Highlights: Concho, Crescent Point, TOTAL, Transocean and Halliburton

    The Zacks Analyst Blog Highlights: Concho, Crescent Point, TOTAL, Transocean and Halliburton

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    Oil & Gas Stock Roundup: Asset Sale Deals From Concho, Crescent Point Steal the Show

    While Concho Resources (CXO) is looking to boost the value of its legacy assets and minimize cost structure, Crescent Point Energy (CPG) is focusing on debt reduction.

    Drillers in Permian & Cana Woodford Lower Oil Rig Count

    The tally for oil drilling rigs in the United States drops to the lowest level since November 2017.

    Transocean (RIG) to Retire 3 Drillships, Incur $580M Charge

    Transocean (RIG) intends to retire three ultra-deepwater floaters, namely Discoverer Enterprise, Discoverer Spirit and Discoverer Deep Seas.

    Drillers in Permian & DJ-Niobrara Continue to Remove Oil Rigs

    The tally for oil drilling rigs in the United States drops to 742, a level last recorded in early January 2018.