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Transocean (RIG)

(Delayed Data from NYSE)

$4.74 USD

4.74
14,876,416

0.00 (0.00%)

Updated Aug 30, 2024 04:00 PM ET

After-Market: $4.73 -0.01 (-0.21%) 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 Buy23.68%
2Buy17.55%
3Hold9.21%
4Sell4.93%
5Strong Sell2.36%
S&P50010.96%

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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 C Growth F 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 26% (185 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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Oil & Gas Stock Roundup: Shell's Olefins Unit Start-Up, SemGroup's JV & More

Royal Dutch Shell (RDS.A) started up its fourth linear alpha olefins unit at its Geismar chemicals plant, while SemGroup (SEMG) and KKR teamed up for a Canadian midstream infrastructure platform.

The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Diamond, Transocean and Pioneer Natural

The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Diamond, Transocean and Pioneer Natural

Pennsylvania Adds 2 Land Rigs, Oklahoma's Count Falls By 4

The count of rigs drilling for oil in the US declines for two weeks in a row.

U.S. Rig Count Increases for the Fourth Consecutive Month

In the United States, the total number of rigs increases from the previous month, owing to a higher number of offshore rigs.

The Zacks Analyst Blog Highlights: QEP Resources, Transocean, Chevron, TOTAL and Eni

The Zacks Analyst Blog Highlights: QEP Resources, Transocean, Chevron, TOTAL and Eni

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Oil & Gas Stock Roundup: Elliott's QEP Bid, Transocean's Contract Win & More

Elliott Management proposed buying QEP Resources (QEP) for about $2 billion, while Transocean (RIG) announced a five-year contract award for an ultra-deepwater drillship by Chevron (CVX).

California Witnesses Removal of 5 Onshore Drilling Rigs

The count of rigs exploring in the U.S. resources declines in five of the past seven weeks.

Transocean Inks $830-Million Drilling Contract With Chevron

Transocean (RIG) will use a newly build ultra-deepwater drillship for the drilling contract, which is expected to be the most capable one in the industry.

Are Options Traders Betting on a Big Move in Transocean (RIG) Stock?

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

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3 Stocks to Focus on Path to Offshore Drilling Recovery

With the offshore energy industry looking ready to turn the corner toward growth, we have hand-picked a few stocks for you to monitor going into 2019.

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Oil & Gas Stock Roundup: TOTAL's Stake Sale, Suncor & Phillips 66's Capex & More

TOTAL (TOT) announced it was paring its stake in the Ichthys liquefied natural gas project, while Suncor (SU) and Phillips 66 (PSX) set their investment budgets for 2019.

Permian & Williston Basins See Removal of 3 Oil Rigs Each

Total number of rigs exploring the United States declines for four weeks in a row.

Equinor Gets New Drilling Permit, to Stay in UK Despite Brexit

Equinor (EQNR) receives a drilling permit in the North Sea from the NPD. The company plans to stay in U.K. continental shelf despite Brexit.

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    Oil & Gas Stock Roundup: Chevron's Capex Boost, Schlumberger's Revenue Warning & More

    Chevron (CVX) set its investment budget for 2019 at $20 billion, while Schlumberger (SLB) warned of weakness in the North American hydraulic fracturing market.

    The Zacks Analyst Blog Highlights: Baker Hughes, Schlumberger, Diamond Offshore Drilling, Transocean and Concho Resources

    The Zacks Analyst Blog Highlights: Baker Hughes, Schlumberger, Diamond Offshore Drilling, Transocean and Concho Resources

    Permian Basin Witnesses Removal of 4 Oil Drilling Rigs

    The count of rigs exploring resources in the United States decreases for three weeks in a row.

    Transocean Closes Ocean Rig Buyout, Boosts Fleet Strength

    Transocean (RIG) pays $2.7 billion to acquire Ocean Rig, which adds 13 units to its fleet.

    Marcellus Witnesses Removal of 2 Natural Gas Drilling Rigs

    The count of rigs exploring the U.S. resources declines for two weeks in a row.

    Transocean Gets Shareholders' Nod for Ocean Rig Acquisition

    Transocean's (RIG) Ocean Rig acquisition can create an offshore behemoth with long-term opportunities.

    Transocean (RIG) Down 15.8% 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.

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    Oil & Gas Stock Roundup: BP, Chevron Starts Production from Megaprojects

    Integrated energy biggies BP plc (BP) and Chevron (CVX) started up production at their Clair Ridge and Big Foot developments, respectively.

    Cana Woodford Basin Witnesses Removal of 3 Oil Drilling Rigs

    The number of rigs exploring U.S. resources falls after gaining for two weeks in a row.

    Are Options Traders Betting on a Big Move in Transocean (RIG) Stock?

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

    Permian Basin Witnesses Addition of 5 Oil Drilling Rigs

    The number of rigs exploring the United States increases in six of the last 10 weeks.

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    Steady Near-Term Outlook for Oil & Gas Drilling Industry

    While one does not expect the sunny days of the oil and gas drilling industry to return immediately, signs of recovery can definitely be seen.