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Transocean (RIG)

(Real Time Quote from BATS)

$4.58 USD

4.58
7,800,639

-0.09 (-1.93%)

Updated Oct 7, 2024 01:06 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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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.

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C Value C Growth C 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 12% (223 out of 252)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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.

            Texas Adds 3 Onshore Rigs, New Mexico's Count Falls by 3

            Although the count of rigs exploring the US remains flat with the prior week, the tally is higher than the year-ago period.

              Nilanjan Banerjee headshot

              Are Drillers Showing More Interest in Deepwater Than Shale?

              Oil drillers will likely focus on the more economical deepwater wells than those in shale plays.

                Permian Adds 6 Oil Drilling Rigs Despite Bottleneck Concern

                The number of rigs exploring plays in the United States increases in four of the last seven weeks.

                  Nilanjan Choudhury headshot

                  Oil & Gas Stock Roundup: Exxon, Chevron, Shell Earnings Miss Despite Oil Rally

                  Chevron (CVX) and Royal Dutch Shell (RDS.A) announced stock buyback programs, while ExxonMobil (XOM) divulged no such plans.

                    Stock Market News For Jul 31, 2018

                    Markets ended in the red for the third consecutive session on Monday.

                      Transocean (RIG) Posts Narrower-Than-Expected Loss in Q2

                      Transocean (RIG) reports narrower-than-expected loss in the second quarter of 2018 on the back of higher-than-anticipated revenues from the Ultra-Deepwater floaters.

                        Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

                        Transocean (RIG) delivered earnings and revenue surprises of 76.47% and 4.75%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

                          Nilanjan Choudhury headshot

                          Why an Earnings Beat Is Likely for Transocean (RIG) in Q2

                          Transocean (RIG) has gone past the Zacks Consensus Estimate thrice in the last four reports.

                            Nilanjan Choudhury headshot

                            Oil & Gas Stock Roundup: Schlumberger, Halliburton & Baker Hughes' Q2

                            A strong North American drilling market was not enough for Halliburton (HAL) and Baker Hughes (BHGE) to beat bottom line estimates, while Schlumberger (SLB) just beat on earnings.

                              National Oilwell (NOV) to Post Q2 Earnings: A Beat in Store?

                              Robust performance across all its segments is expected to drive National Oilwell's (NOV) second-quarter 2018 earnings.

                                Key Factors to Impact Helmerich & Payne's (HP) Q3 Earnings

                                Tepid margins from Helmerich & Payne's Offshore and International Land drilling segments are likely to counter solid results from its U.S. Land unit in the second quarter of 2018.

                                  Transocean (RIG) Wins New Contracts for 2 Semi-Submersibles

                                  Transocean (RIG) expects to add a total of $233 million to its backlog from the two new contracts.

                                    Tidewater to Buy GulfMark, Form Combined Entity Worth $1.25B

                                    The combination of Tidewater (TDW) and GulfMark will create a leader in the offshore support vessel (OSV) sector with the largest fleet of 102 Tier 1 vessels.

                                      Colorado, Louisiana & Texas Witness Rise in Onshore Rigs

                                      The number of rigs exploring in the U.S. resources increases for two consecutive weeks.

                                        Transocean to Fund Rig Acquisition With $600M Note Offering

                                        Transocean (RIG) will likely get net proceeds of $586 million from senior secured notes offering.

                                          Williston, Eagle Ford & Permian Witness Rise in Oil Rigs

                                          The tally for oil drilling rigs in the United States rises again after falling for two straight weeks.

                                            Nilanjan Choudhury headshot

                                            Oil & Gas Stock Roundup: BP, Baker Hughes, EQT & More

                                            BP plc (BP) will buy an electric vehicle firm. Meanwhile, Baker Hughes, a GE Company (BHGE) is set to become a stand-alone entity, while EQT Corporation (EQT) will sell some non-core properties.

                                              Texas & North Dakota Witness Fall in Onshore Drilling Rigs

                                              The total number of rigs exploring the United States decline for three consecutive weeks.

                                                Nilanjan Choudhury headshot

                                                Oil & Gas Stock Roundup: Shell, Baytex, Petrobras & OPEC

                                                Shell (RDS.A) committed to the Fram gas field in the North Sea, Baytex Energy (BTE) agreed to buy Raging River Exploration and Petrobras (PBR) lost a wage dispute.

                                                  Permian & Williston Basins Witness Decline in Oil Rig Count

                                                  The total number of rigs exploring U.S. plays declines for two straight weeks.