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Transocean (RIG)

(Delayed Data from NYSE)

$4.57 USD

4.57
18,180,676

-0.10 (-2.14%)

Updated Oct 7, 2024 04:00 PM ET

After-Market: $4.59 +0.02 (0.44%) 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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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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Bottom 12% (223 out of 252)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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Oil & Gas Stock Roundup: ExxonMobil, Chevron, Transocean & More

ExxonMobil (XOM) is set to collaborate on a pipeline to ease the Permian glut, Chevron (CVX) starts production at second Wheatstone LNG train and Transocean (RIG) will retire four rigs.

    Texas and Alaska Witness a Fall in Onshore Drilling Rigs

    The number of rigs exploring in the U.S. resources declines for the first time after a 10-week rise.

      Transocean (RIG) to Retire 4 Rigs, Take Related $520M Charge

      Transocean (RIG) has been facing pressure in its top line owing to lower contract drilling revenues from the deepwater and ultra-deepwater floaters amid reduced dayrates and weak utilization.

        Oil Drilling Rigs Continue to Rise in Permian Basin

        Total count rigs exploring for oil and gas in the United States increases for 13 times in the last 14 weeks.

          Eagle Ford & Cana Woodford Continue to Witness More Oil Rigs

          In the Cana Woodford, rigs exploring oil increase for four weeks in a row.

            Why Is Transocean (RIG) Down 1.8% Since its 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.

              Oil Rig Count Continues to Tick Up in Permian Basin

              The number of rigs exploring oil in the United States increase on the addition of 10 rigs in the Permian Basin.

                New Mexico and Texas See a Rise in Onshore Drilling Rigs

                Total count of rigs exploring in the United States increases 11 times in the last 12 weeks.

                  Options Traders Expect Huge Moves in Transocean (RIG) Stock

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

                    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).

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                          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.

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                            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.

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                                                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.