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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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 15% (213 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

Analysts Estimate Transocean (RIG) to Report a Decline in Earnings: 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.

Transocean (RIG) Ascends While Market Falls: Some Facts to Note

Transocean (RIG) closed at $7.58 in the latest trading session, marking a +0.93% move from the prior day.

Transocean (RIG) Laps the Stock Market: Here's Why

Transocean (RIG) closed at $7.77 in the latest trading session, marking a +1.7% move from the prior day.

Transocean (RIG) Dips More Than Broader Markets: What You Should Know

Transocean (RIG) closed at $7.75 in the latest trading session, marking a -1.65% move from the prior day.

Transocean (RIG) Gains As Market Dips: What You Should Know

Transocean (RIG) closed the most recent trading day at $8.42, moving +0.48% from the previous trading session.

Transocean (RIG) Gains As Market Dips: What You Should Know

In the latest trading session, Transocean (RIG) closed at $8.10, marking a +0.37% move from the previous day.

Transocean (RIG) Inks a $486M Contract for Deepwater Aquila

Transocean (RIG) enters into a three-year, $486 million contract with a national oil company for its Deepwater Aquila drillship. It also plans to acquire the outstanding interests in Liquila Ventures Ltd.

Transocean (RIG) Dips More Than Broader Markets: What You Should Know

Transocean (RIG) closed the most recent trading day at $8.08, moving -1.34% from the previous trading session.

Is SPDR S&P Oil & Gas Equipment & Services ETF (XES) a Strong ETF Right Now?

Smart Beta ETF report for XES

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Equinor's Statfjord Ost Update, BP's Egypt Plans & More

EQNR, BP, RIG, OII, XPRO emerge as the energy headline makers during the week.

Transocean (RIG) Secures $222M Drilling Contract From ONGC

Transocean (RIG) wins a $222M contract from Oil and Natural Gas Corporation for the Dhirubhai Deepwater KG1 (DDKG1) drillship, boosting offshore drilling.

Eni (E) & BP Award Offshore Contracts Worth $700M in Total

The Eni (E) and BP contracts follow Saipem's recent agreement worth $1 billion with Mellitah Oil & Gas, which involves a gas project offshore Libya.

Transocean (RIG) Q2 Loss Wider Than Expected, Revenues Beat

Transocean (RIG) expects adjusted contract drilling revenues of $720 million in Q3 2023, with O&M expenses of $540 million and full-year adjusted contract revenues in the $2.9-$3 billion range.

Transocean (RIG) Reports Q2 Earnings: What Key Metrics Have to Say

Although the revenue and EPS for Transocean (RIG) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -25% and 3.26%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Precision Drilling (PDS) Q2 Earnings and Revenues Top Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of 22.22% and 4.57%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Dips More Than Broader Markets: What You Should Know

Transocean (RIG) closed the most recent trading day at $8.45, moving -1.05% from the previous trading session.

Transocean (RIG) Q2 Earnings on Deck: What Would it Reveal?

Lower utilization and higher costs are likely to have hurt Transocean's (RIG) Q2 bottom line. However, impressive revenue efficiency might have aided the results somewhat.

Earnings Preview: Transocean (RIG) Q2 Earnings Expected to Decline

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.

Transocean (RIG) Dips More Than Broader Markets: What You Should Know

Transocean (RIG) closed at $8.19 in the latest trading session, marking a -0.73% move from the prior day.

Transocean (RIG) Announces $518 Million Drillship Contract

Transocean (RIG) secures a $518 million ultra-deepwater drillship contract, reinforcing its market position.

Transocean (RIG) Gains But Lags Market: What You Should Know

In the latest trading session, Transocean (RIG) closed at $8.05, marking a +0.37% move from the previous day.

Transocean (RIG) Reports Exercise of Options for Rig Drilling

Transocean (RIG) announced $172 million in six one-well options exercised for semisubmersible rig drilling.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Cheniere's Export Deal, Transocean's Contract & More

Cheniere Energy (LNG), Transocean (RIG), RPC Inc. (RES), TechnipFMC (FTI) and Vertex Energy (VTNR) were the energy headline makers during the week.