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Transocean (RIG)

(Real Time Quote from BATS)

$4.56 USD

-0.11 (-2.36%)

Updated Oct 7, 2024 02:04 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
1	Strong Buy	23.68%
2	Buy	17.55%
3	Hold	9.21%
4	Sell	4.93%
5	Strong Sell	2.36%
S&P	500	10.96%

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4-Sell of 5 4

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value C Growth C Momentum D VGM

Industry Rank:

Bottom 12% (223 out of 252)

Industry: Oil and Gas - Drilling

View All Zacks #1 Ranked Stocks

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Zacks News

Oil & Gas Stock Roundup: Chevron Tops Q1 Earnings, Exxon & TOTAL Flops

by Nilanjan Choudhury Published on May 01,2019

Integrated majors ExxonMobil (XOM), Chevron (CVX) and TOTAL (TOT) reported first-quarter earnings.

oil-energy

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

by Zacks Equity Research Published on April 29,2019

Transocean (RIG) delivered earnings and revenue surprises of -3.45% and 0.01%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?

RIGNegative Net Change

Permian Adds 2 Oil Rigs, Marcellus Gas Rig Count Falls By 6

by Zacks Equity Research Published on April 16,2019

The tally for oil drilling rigs rises for two weeks in a row with the count jumping by 15 for the week ended Apr 5.

oil-energy

Permian Adds 8 Oil Rigs, Marcellus Gas Rig Count Rises By 3

by Zacks Equity Research Published on April 09,2019

The tally for oil drilling rigs rises in the seventh week after the count fell for six straight weeks to the lowest level since April 2018.

oil-energy

U.S. Rig Count Drops for the Third Consecutive Month

by Zacks Equity Research Published on April 08,2019

Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

oil-energy

Oil & Gas Stock Roundup: Good News for TransCanada, Enbridge

by Nilanjan Choudhury Published on April 03,2019

Bringing in pleasant news for TransCanada (TRP), Donald Trump issued a new presidential permit in an attempt to kick-start the much-delayed Keystone XL project.

oil-energy

Permian Basin & Eagle Ford Remove 5 Oil Drilling Rigs Each

by Zacks Equity Research Published on April 01,2019

The tally for oil drilling rigs in the United States fell for six successive weeks to the lowest level since April 2018.

oil-energy

Oil & Gas Stock Roundup: Denbury-Penn Virginia Deal is Off, Murphy Sells Malaysian Assets

by Nilanjan Choudhury Published on March 26,2019

Murphy Oil (MUR) announced that its subsidiary has entered into an agreement to sell two of its Malaysian assets in an all-cash transaction worth $2.2127 billion.

oil-energy

Permian Sees Drop in Oil Rig Count for 4 Straight Weeks

by Zacks Equity Research Published on March 25,2019

Explorers and producers are getting more conservative about investing over volatile oil prices.

oil-energy

Why Is Transocean (RIG) Up 6.8% Since Last Earnings Report?

by Zacks Equity Research Published on March 20,2019

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

RIGNegative Net Change

Cana Woodford & Mississippian Witness Decline in Oil Rigs

by Zacks Equity Research Published on March 19,2019

In the United States, the tally for oil drilling rigs fell to the lowest mark since April 2018.

Oil & Gas Stock Roundup: Transocean's Contract Awards, Eni's Angola Discovery & More

by Nilanjan Choudhury Published on March 19,2019

Transocean (RIG) secured contracts for two of its drillships, namely Mykonos and Corcovado, which were acquired as part of Ocean Rig buyout in December 2018.

Transocean Secures Twin Contracts Worth $241M From Petrobras

by Zacks Equity Research Published on March 12,2019

While Transocean (RIG) is bearing the brunt of lower dayrates, it is notching up contracts wins, translating into increased backlog, which is likely to offer some respite.

The Best And Worst Stocks of the 10-Year Bull Market

by Tirthankar Chakraborty Published on March 11,2019

We highlight some of the best and worst stocks over the bull market's 10 years.

U.S. Rig Count Falls for the Second Consecutive Month

by Zacks Equity Research Published on March 08,2019

Conservative investments in U.S. exploration and production activities might affect demand for rigs. Hence, drillers may continue to lower rig count in the coming months.

oil-energy

Permian Basin Witnesses Removal of 7 Oil Drilling Rigs

by Zacks Equity Research Published on March 05,2019

The tally for rigs exploring oil in the United States slips to the lowest mark since May 2018.

oil-energy

Options Traders Expect Huge Moves in Transocean (RIG) Stock

by Zacks Equity Research Published on February 28,2019

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

RIGNegative Net Change

oil-energy

Oil & Gas Stock Roundup: Diamondback and Cabot Report Q4 Earnings

by Nilanjan Choudhury Published on February 26,2019

Diamondback Energy (FANG) and Cabot Oil & Gas Corporation (COG) reported fourth-quarter earnings that came below the Zacks Consensus Estimate.

oil-energy

Cana Woodford Basin Witnesses Removal of 3 Oil Drilling Rigs

by Zacks Equity Research Published on February 26,2019

The count of drilling rigs exploring resources in the United States declines after increasing for two straight weeks.

oil-energy

Oil & Gas Stock Roundup: Occidental's Q4, Shell's Acquisition & More

by Nilanjan Choudhury Published on February 19,2019

Occidental Petroleum (OXY) reported fourth-quarter earnings that came above the Zacks Consensus Estimate, while Royal Dutch Shell plc (RDS.A) agreed to acquire German battery maker sonnen.