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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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Bottom 26% (185 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Transocean (RIG) Q3 Earnings and Revenues Beat, Shares Up

Transocean (RIG) comes up with adjusted net profit in the third quarter of 2018, courtesy of higher revenues and fleet utilization rates.

Nilanjan Choudhury headshot

Will Rig Utilization Drive Transocean's (RIG) Q3 Earnings?

In Q3, Transocean (RIG) is expected to gain from higher rig utilization. Yet, lower ultra-deepwater floater revenues and escalating costs remain concerns.

Transocean (RIG) Q3 Earnings Preview: What to Look Out For

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.

Permian Adds 4 Oil Drilling Rigs Despite Pipeline Bottleneck

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

Slew of M&As Instill Hope: Is the Drilling Space Recovering?

Within a span of less than a week, two major deals have been announced in the drilling industry, validating the fact that consolidation is gathering more steam.

Ensco to Merge With Rowan, Form Leading Offshore Driller

The merger of Ensco (ESV) and Rowan to create leading offshore driller with a larger fleet size, geographic presence and customer base.

Cana Woodford Basin Witnesses Addition of 7 Oil Drilling Rigs

The tally of rigs exploring resources in the United States increases in five of the prior 10 weeks.

    Is the Options Market Predicting a Spike 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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      Oil & Gas Stock Roundup: TOTAL's Acquisition, Cheniere's LNG Supply Deal & More

      TOTAL S.A. (TOT) acquired electric vehicle charging solutions provider G2mobility, while Cheniere Energy, Inc. (LNG) signed a 15-year pact to sell liquefied natural gas to commodity trader Vitol.

        Rowan Receives Two-Well Contract from Turkish Petroleum

        Rowan Companies' (RDC) jack-up rig, Rowan Norway, receives a contract from Turkish Petroleum to operate in the Mediterranean Sea.

          Cana Woodford Basin Witnesses Removal of 6 Oil Drilling Rigs

          The count of rigs exploring in the United States decreases in only four of the last 10 weeks.

            Equinor (EQNR) Hires Transocean Norge Under $89M Contract

            Equinor (EQNR) hires Transocean Norge for a six-well drilling contract in the Norwegian continental shelf (NCS). The contract is valued at about $89 million.

              Transocean (RIG) Catches Eye: Stock Jumps 7.2%

              Transocean (RIG) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.

                DJ-Niobrara Basin Witnesses Addition of 2 Oil Drilling Rigs

                The count of rigs exploring U.S. resources increases in five of the last 10 weeks.

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                  Oil & Gas Stock Roundup: Diamondback's Permian JV, HollyFrontier's Buyback & More

                  Diamondback Energy (FANG) teamed up with private equity firm The Carlyle Group for the development of its assets in the region, while HollyFrontier (HFC) announced a $1 billion share buyback plan.

                    The Zacks Analyst Blog Highlights: Transocean, Chevron, Halliburton and Southwestern

                    The Zacks Analyst Blog Highlights: Transocean, Chevron, Halliburton and Southwestern

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                      Oil & Gas Stock Roundup: Transocean's Acquisition, Chevron's Legal Victory & More

                      Transocean (RIG) agreed to buy Ocean Rig UDW for $2.7 billion, while Chevron (CVX) scored a big legal victory over pollution claims in Ecuador that immunized it from paying a $9.5 billion fine.

                        Louisiana & Wyoming Now Richer by a Number of Onshore Rigs

                        The count of rig exploring U.S. resources rises across five of the last 10 weeks.

                          Company News For Sept 5, 2018

                          Companies In The News are: ORIG,SWN,CRON,WPP

                            Transocean Ups its Offshore Game, to Buy Ocean Rig for $2.7B

                            The deal to acquire Ocean Rig is likely to enhance the already robust backlog of Transocean (RIG) by $743 million, resulting in a total of $12.5 billion.

                              Cana Woodford Basin Witnesses Addition of 2 Oil Rigs

                              The total number of rigs exploring U.S. resources increases for five in the last 10 weeks.

                                Why Is Transocean (RIG) Down 8.4% 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.

                                  Nilanjan Choudhury headshot

                                  Oil & Gas Stock Roundup: Eclipse Resources' Merger, Schlumberger's Asset Sale & More

                                  Eclipse Resources (ECR) agreed to combine with peer Blue Ridge Mountain Resources, while Schlumberger (SLB) agreed to offload its marine seismic acquisition business for $600 million.

                                    Williston Basin Witnesses Removal of 4 Oil Drilling Rigs

                                    The number of rigs exploring the United States decline for five in the past 10 weeks.

                                      Nilanjan Choudhury headshot

                                      Oil & Gas Stock Roundup: Diamondback's Acquisition Steals the Show

                                      Diamondback Energy (FANG) took the acquisition route to expand market reach in the Permian play, while ConocoPhillips (COP) secured a payout from Venezuela.