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Transocean (RIG)

(Real Time Quote from BATS)

$4.58 USD

4.58
8,097,194

-0.09 (-1.93%)

Updated Oct 7, 2024 01:10 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

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Zacks News

Will Transocean (RIG) Report Negative Earnings Next Week? What You Should Know

by Zacks Equity Research

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) Corrects Q1 Fleet Status Report, Stock Falls

by Zacks Equity Research

Transocean (RIG) revises down incremental backlog in its first-quarter fleet status report, prompting a 4.4% decline in its stock price.

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

by Zacks Equity Research

Transocean (RIG) closed the most recent trading day at $6.22, moving -1.74% from the previous trading session.

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

by Zacks Equity Research

In the latest trading session, Transocean (RIG) closed at $6.68, marking a -0.6% move from the previous day.

Should First Trust Small Cap Growth AlphaDEX ETF (FYC) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for FYC

The Zacks Analyst Blog Highlights ExxonMobil, Transocean, BP, ConocoPhillips and Shell

by Zacks Equity Research

ExxonMobil, Transocean, BP, ConocoPhillips and Shell are included in this Analyst Blog.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Exxon's Canada Sale, Transocean's Contract Awards & More

by Nilanjan Choudhury

Apart from ExxonMobil (XOM) and Transocean (RIG), BP plc (BP), ConocoPhillips (COP) and Shell (SHEL) hogged attention during the week.

Transocean (RIG) Continues to Secure Drilling Contracts

by Zacks Equity Research

Transocean (RIG) wins two contracts worth $113 million for harsh environment semisubmersibles. It also secures a $91 million plug and abandonment deal in Australia and a $22 million one-well option in Norway.

Transocean (RIG) Secures 2 Drilling Contracts From Equinor

by Zacks Equity Research

Transocean (RIG) has secured two drilling contracts, worth $382 million, from Equinor. The agreements include a strategic partnership to explore areas including technology and sustainability.

Why Is Transocean (RIG) Down 1.2% Since Last Earnings Report?

by Zacks Equity Research

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

Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4

by Zacks Equity Research

Transocean (RIG) expects $2.9-$3 billion revenues in 2023, based on 96.5% revenue efficiency. It also anticipates an adjusted contract drilling revenue of $635 million and an approximate 15% rise in the number of wells drilled offshore.

Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FYC

Transocean (RIG) Reports Q4 Loss, Lags Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of -157.89% and 0.56%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Expands Its Backlog to $8.5 billion

by Zacks Equity Research

Transocean's (RIG) Fleet Status Report shows an $8.5 billion backlog as well as contract information for the company's fleet of offshore drilling rigs.

Transocean (RIG) Bets on GSR for Deep-Sea Mineral Exploration

by Zacks Equity Research

Transocean Ltd. (RIG) offers the use of the Ocean Rig Olympia vessel, along with cash investment and engineering services to support GSR's exploration.

Is Transocean (RIG) Outperforming Other Oils-Energy Stocks This Year?

by Zacks Equity Research

Here is how Transocean (RIG) and Valero Energy (VLO) have performed compared to their sector so far this year.

Nabors Industries (NBR) Reports Q4 Loss, Tops Revenue Estimates

by Zacks Equity Research

Nabors (NBR) delivered earnings and revenue surprises of -266.98% and 4.75%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Wins 910-Day Drilling Deal Set to Start in Q3

by Zacks Equity Research

Transocean (RIG) lands 910-day contract for Dhirubhai Deepwater KG2 in Brazil.

Should First Trust Small Cap Growth AlphaDEX ETF (FYC) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for FYC

How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings

by Zacks Equity Research

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.

Transocean (RIG) is a Great Momentum Stock: Should You Buy?

by Zacks Equity Research

Does Transocean (RIG) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Transocean (RIG) a New Strong Buy Stock

by Zacks Equity Research

Transocean (RIG) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Eni (E) Signs Energy Security Agreements With Sonatrach

by Zacks Equity Research

As part of the deal, Eni (E) and Sonatrach will perform research to determine possible measures to improve Algeria's energy export capacity to Europe.

Equinor (EQNR) Makes Natural Gas Discovery Offshore Norway

by Zacks Equity Research

Equinor (EQNR) and partners will evaluate further delineation of the discovery and tie-in to the Irpa field.

Eni (E) Makes Gas Discovery at Nargis-1 Well Offshore Egypt

by Zacks Equity Research

The discovery is intended to be developed by utilizing Eni's (E) existing facilities.