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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

Transocean's (RIG) Q1 Earnings Miss Estimates, Revenues Beat

Transocean (RIG) expects adjusted contract drilling revenues of $735 million, operations and maintenance expenses of $460 million, net interest expenses of $118 million, capital expenditure of $100 million and cash taxes of $15 million for the second quarter.

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

Transocean (RIG) delivered earnings and revenue surprises of -90% and 1.12%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

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

Transocean (RIG) closed the most recent trading day at $5.79, moving +0.7% from the previous trading session.

Will Transocean's (RIG) Revenue Efficiency Boost Q1 Earnings?

While strong revenue efficiency is likely to have boosted Transocean's (RIG) first-quarter results, escalation in costs might have neutralized those gains.

Helmerich & Payne (HP) Tops Q2 Earnings and Revenue Estimates

Helmerich & Payne (HP) delivered earnings and revenue surprises of 20% and 3.74%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) & Eneti Team Up for Offshore Wind Projects

Transocean (RIG) and Eneti plan to start a joint venture, focusing on offshore wind foundation installation activities.

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

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

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

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

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

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

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

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

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

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?

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

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?

Smart Beta ETF report for FYC

Transocean (RIG) Reports Q4 Loss, Lags Revenue Estimates

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

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

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?

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

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

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