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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

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell's Appeal Verdict, Transocean's Rig Deal & More

SHEL, RIG, TRP, FANG and PUMP emerge as the energy headline makers during the week.

Transocean (RIG) Secures Major Contract Extensions Worth $161M

Transocean's (RIG) contract extensions for its semisubmersible rigs reinforce its confidence in the high-specification harsh environment market's positive outlook.

Why Is Transocean (RIG) Up 17.1% Since Last Earnings Report?

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

Is SPDR S&P Oil & Gas Equipment & Services ETF (XES) a Strong ETF Right Now?

Smart Beta ETF report for XES

Transocean (RIG) Q1 Loss Narrower Than Expected, Revenues Miss

Transocean (RIG) anticipates annual O&M expenses to be in the range of $2.2-$2.3 billion, with general and administrative expenses of $210 million for full-year 2024.

Transocean (RIG) Reports Q1 Loss, Misses Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of 76.92% and 1.50%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) to Support Equinor's Barents Sea Endeavours

Transocean (RIG)-owned Transocean Enabler rig's latest award involves a 19-well contract, along with eight additional well options. The rig has been used by Equinor (EQNR) for several years.

Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies

Transocean's (RIG) drillships have won contract extensions worth $248 million. The extensions have been awarded by Hess Corporation and TotalEnergies in the Gulf of Mexico and Angola, respectively.

Nabors Industries (NBR) Reports Q1 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -130.36% and 1.82%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline

Patterson-UTI (PTEN) 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.

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) Stock Sinks As Market Gains: Here's Why

In the latest trading session, Transocean (RIG) closed at $6.53, marking a -0.15% move from the previous day.

Transocean (RIG) Announces 1-Year Extension for Deepwater Asgard

Transocean (RIG) extends the Deepwater Asgard contract by 365 days with the U.S. Gulf of Mexico's independent operator, securing $184 million in backlog.

Transocean Ltd. (RIG) Is a Trending Stock: Facts to Know Before Betting on It

Transocean (RIG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Transocean (RIG) Falls More Steeply Than Broader Market: What Investors Need to Know

Transocean (RIG) closed at $6.12 in the latest trading session, marking a -1.61% move from the prior day.

Transocean (RIG) Outperforms Broader Market: What You Need to Know

In the latest trading session, Transocean (RIG) closed at $6.10, marking a +0.99% move from the previous day.

Transocean (RIG) Up 29.3% 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.

Investors Heavily Search Transocean Ltd. (RIG): Here is What You Need to Know

Transocean (RIG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Transocean (RIG) Stock Drops Despite Market Gains: Important Facts to Note

In the latest trading session, Transocean (RIG) closed at $5.41, marking a -0.37% move from the previous day.

Here is What to Know Beyond Why Transocean Ltd. (RIG) is a Trending Stock

Transocean (RIG) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Transocean (RIG) Q4 Earnings Improve Y/Y, Sales Miss Estimates

Transocean (RIG) expects operating and maintenance expenses of $2.2 billion, and general and administrative expenses of $196 million for full-year 2024.

Compared to Estimates, Transocean (RIG) Q4 Earnings: A Look at Key Metrics

The headline numbers for Transocean (RIG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

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

In the closing of the recent trading day, Transocean (RIG) stood at $5.17, denoting no change from the preceding trading day.

Transocean (RIG) Beats Stock Market Upswing: What Investors Need to Know

Transocean (RIG) closed at $5.04 in the latest trading session, marking a +1.2% move from the prior day.