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Transocean (RIG)

(Delayed Data from NYSE)

$5.80 USD

5.80
18,809,905

-0.02 (-0.34%)

Updated Jul 26, 2024 04:00 PM ET

After-Market: $5.82 +0.02 (0.34%) 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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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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D Value F Growth F Momentum F 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 15% (213 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

More Onshore Drillers Flock to Texas, Oklahoma and Colorado

Total count of rigs exploring oil and gas resources in the United States increases 10 times in the last 11 weeks.

    Transocean (RIG) Buys Stake in New Harsh Environment Rig

    Transocean (RIG) acquires 33.3% stake in a newly built semisubmersible through a JV with Hayfin Capital.

      Nilanjan Choudhury headshot

      Oil & Gas Stock Roundup: BP & EOG's Q1, Marathon-Andeavor Deal & More

      The past few days witnessed strong earnings reports from some of the most watched energy companies including BP plc (BP), EOG Resources (EOG) and Concho Resources (CXO).

        Nilanjan Choudhury headshot

        Can Marathon Petroleum (MPC) Pull a Surprise in Q1 Earnings?

        Marathon Petroleum's (MPC) Speedway (or Retail) division is likely to benefit from higher output.

          Nilanjan Choudhury headshot

          Encana (ECA) to Report Q1 Earnings: What Should You Expect?

          Encana's (ECA) transition to crude s a big positive for the company going into the first quarter.

            Should You Buy Transocean Ltd. (RIG) Ahead of Earnings?

            Transocean Ltd. (RIG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP.

              Can Transocean (RIG) Keep Its Earnings Streak Alive in Q1?

              Recovering crude prices, coupled with Transocean's (RIG) strong backlog and cost-cut efforts are likely to buoy Q1 results.

                Transocean (RIG) Wins Multiple Contracts as Oil Prices Rise

                Transocean's (RIG) strong backlog, which stands at $12.5 billion, reflects steady demand from its customers.

                  Eagle Ford & Cana Woodford Shale Plays Witness More Oil Rigs

                  The total count of rigs exploring in the United States increased eight times in the last 10 weeks.

                    Transocean (RIG) Catches Eye: Stock Jumps 6.4%

                    Transocean (RIG) shares rose more than 6% in the last trading session, amid huge volumes.

                      Oklahoma Witnesses Addition of 5 Onshore Drilling Rigs

                      The tally of number of rigs exploring for oil rose eight times in the last ten weeks.

                        Permian Basin Witnesses More Oil Drilling Rigs

                        The count for rigs exploring oil in the United States increases eight times in the last nine weeks.

                          Transocean (RIG) Up 6.6% Since Earnings Report: Can It Continue?

                          Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

                            Oklahoma & North Dakota See More Onshore Drilling Rigs

                            The total count of rigs exploring both oil and gas in the United States increases for the fifth time in the trailing seven weeks.

                              Nilanjan Choudhury headshot

                              Oil & Gas Stock Roundup: Concho (CXO) & Devon's (DVN) Q4, EQT's Spin-Off & More

                              Over six months, the energy sector up 9.9%. Independent refiner Valero Energy Corporation (VLO) was the major gainer during this period, experiencing a 37.9% price appreciation.

                                Transocean (RIG) Incurs Loss in Q4, Misses Revenue Estimates

                                Transocean (RIG) delivers weaker year-over-year results in the fourth quarter on lower revenues and dayrates along with higher costs.

                                  What's in Store for Transocean (RIG) This Earnings Season?

                                  Transocean (RIG) expects higher operating revenues from the Harsh environment floaters and Deepwater floaters in Q4.

                                    The Zacks Analyst Blog Highlights: SandRidge Energy, McDermott International, Transocean, Ultra Petroleum and TechnipFMC

                                    The Zacks Analyst Blog Highlights: SandRidge Energy, McDermott International, Transocean, Ultra Petroleum and TechnipFMC

                                      Transocean (RIG) Receives $286M Worth Contract From Statoil

                                      Transocean (RIG) expects the contract to begin in the third quarter of 2019.

                                        Is Transocean (RIG) a Great Stock for Value Investors?

                                        Let's see if Transocean Ltd. (RIG) stock is a good choice for value-oriented investors right now, or if investors subscribing to this methodology should look elsewhere for top picks.

                                          Nilanjan Choudhury headshot

                                          Oil & Gas Stock Roundup: TOT's Acquisition, ANDV & ECA's Q3 Numbers, & More

                                          TOTAL (TOT) agreed to buy LNG assets from utility company Engie for $1.5 billion. Meanwhile, Andeavor (ANDV) and Encana (ECA) came up with weaker-than-expected earnings reports.

                                            Transocean's (RIG) Q3 Earnings & Revenues Beat Estimates

                                            Transocean (RIG) reports better-than-expected Q3 results on the back of increased fleet utilization.

                                              Is a Beat in Store for Transocean (RIG) in Q3 Earnings?

                                              Transocean's (RIG) aggressive cost reduction programs can help to drive the company's earnings in the third quarter of 2017.

                                                Transocean's Deepwater Drillship Invictus Wins New Contract

                                                Transocean (RIG) is yet to declare the exact dayrate for Deepwater Invictus.

                                                  Energy Sector to See Strongest Growth in Q3: 5 Top Stocks

                                                  A record rise in oil prices in the third-quarter of 2017 will likely help these energy companies post handsome quarterly numbers.