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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

Nilanjan Choudhury headshot

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

      Nilanjan Choudhury headshot

      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.

                        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.