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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

The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore, Transocean, Devon and Pioneer

The Zacks Analyst Blog Highlights: Schlumberger, Diamond Offshore, Transocean, Devon and Pioneer

Transocean (RIG) Down 14.9% 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.

Nilanjan Banerjee headshot

Permian Oil Rig Tally Declines in 6 Successive Weeks

The tally for oil drilling rigs in the United States not only declines for three successive weeks, but also touches the lowest mark since March 2018.

Permian Oil Rig Tally Declines in 5 Consecutive Weeks

Oil drilling rig count in the United States not only declines for two weeks in a row, but also touches the lowest mark since March 2018.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell, BP & ConocoPhillips Post Q1 Earnings Beat

European oil majors Royal Dutch Shell (RDS.A) and BP plc (BP), as well as energy explorer ConocoPhillips (COP) reported better-than-expected first-quarter earnings.

Nilanjan Choudhury headshot

Transocean (RIG) Q1 Loss Wider Than Expected, Revenues Meet

Transocean's (RIG) revenue efficiency in the quarter was 98%, reflecting an increase from both the fourth quarter and year-ago levels of 96% and 92%, respectively.

Nilanjan Choudhury headshot

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

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

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

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?

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

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.

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

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.

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

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.

Nilanjan Choudhury headshot

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

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.

Permian Basin & Eagle Ford Remove 5 Oil Drilling Rigs Each

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

Nilanjan Choudhury headshot

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

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.

Permian Sees Drop in Oil Rig Count for 4 Straight Weeks

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

Why Is Transocean (RIG) Up 6.8% 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.

Cana Woodford & Mississippian Witness Decline in Oil Rigs

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

    Nilanjan Choudhury headshot

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

    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

      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.

      Tirthankar Chakraborty headshot

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

      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

      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.

      Permian Basin Witnesses Removal of 7 Oil Drilling Rigs

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

      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.

      Nilanjan Choudhury headshot

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

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

      Cana Woodford Basin Witnesses Removal of 3 Oil Drilling Rigs

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