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

Bottom 11% (223 out of 250)

Industry: Oil and Gas - Drilling

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Zacks News

Transocean (RIG) Charged by Regulators Over 2019 Rig Incident

by Zacks Equity Research

Transocean (RIG) is set to appear before the court of law on Oct 12, 2022 for the September 2019 mishap on one of its rigs.

Transocean (RIG) Wins Two Drillship Contracts Worth $181M

by Zacks Equity Research

Transocean (RIG) secures two contract awards worth more than $180 million for one of its drillships to work in the U.S. Gulf of Mexico.

Why Is Transocean (RIG) Down 2.9% 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) Posts Narrower Loss, Revenue Beat in Q2

by Zacks Equity Research

Transocean's (RIG) second-quarter loss is narrower than estimates and revenues outperform the consensus mark.

Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of 9.09% and 5.16%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Helmerich & Payne (HP) Beats Q3 Earnings and Revenue Estimates

by Zacks Equity Research

Helmerich & Payne (HP) delivered earnings and revenue surprises of 440% and 7.35%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Transocean (RIG) Stock Moves -1.07%: What You Should Know

by Zacks Equity Research

Transocean (RIG) closed the most recent trading day at $2.77, moving -1.07% from the previous trading session.

Down 28.9% in 4 Weeks, Here's Why Transocean (RIG) Looks Ripe for a Turnaround

by Zacks Equity Research

The heavy selling pressure might have exhausted for Transocean (RIG) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

Transocean (RIG) Takes Delivery of First-Ever 8th-Gen Drillship

by Zacks Equity Research

Transocean (RIG) takes the delivery of the world's first eighth-generation drillship, Deepwater Atlas, by Sembcorp Marine in Singapore.

Patterson-UTI (PTEN) Moves 8.4% Higher: Will This Strength Last?

by Zacks Equity Research

Patterson-UTI (PTEN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Should First Trust Small Cap Value AlphaDEX ETF (FYT) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for FYT

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

by Zacks Equity Research

In the latest trading session, Transocean (RIG) closed at $4.81, marking no change from the previous day.

Equinor (EQNR) Awards $253M Contract Extensions to Transocean

by Zacks Equity Research

Equinor (EQNR) contracts the Transocean Spitsbergen semisubmersible to drill nine additional wells for two field developments in the Norwegian Sea.

Transocean (RIG) Secures Contract Extension, Shares Jump

by Zacks Equity Research

Transocean Ltd. (RIG) wins contract extension, the major part of which is expected to begin in 2023 and conclude by April 2025.

Transocean (RIG) Up 3.3% Since Last Earnings Report: Can It Continue?

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.

Is First Trust Small Cap Value AlphaDEX ETF (FYT) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FYT

Nilanjan Choudhury headshot

Are Energy Investors Overlooking These 4 Oil & Gas Drilling Stocks?

by Nilanjan Choudhury

Fundamentally, the Zacks Oil and Gas - Drilling industry is in good shape this year as contract activity is on the upside. The sharp increase in oil and gas prices has created a healthy landscape for drilling contractors like HP, PTEN, RIG and NBR.

Transocean (RIG) Stock Down 8% After Posting Wider Q1 Loss

by Zacks Equity Research

Transocean's (RIG) share price plummets 8.1% after the first-quarter loss comes wider than the consensus mark.

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of -27.27% and 1.63%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Markets Wait for FOMC Meeting and Major Earnings This Week

by Zacks Equity Research

Markets Wait for FOMC Meeting and Major Earnings This Week

Mark Vickery headshot

Market Indices Look to Break Long Losing Streaks

by Mark Vickery

It's been five weeks of losses for the Dow and four for the S&P 500 and Nasdaq.

Precision Drilling (PDS) Reports Q1 Loss, Tops Revenue Estimates

by Zacks Equity Research

Precision Drilling (PDS) delivered earnings and revenue surprises of -221.25% and 6.27%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Can Transocean's (RIG) Q1 Earnings Bring Positive Surprise?

by Zacks Equity Research

Higher utilization and strong revenue efficiency are likely to have boosted Transocean's (RIG) profit levels in the first quarter.

Transocean (RIG) Wins Fresh Offshore Drilling Contracts

by Zacks Equity Research

Accumulating $87.2 million to its backlog, Transocean (RIG) wins a new contract and extensions for its rigs.

Patterson-UTI (PTEN) Reports Q1 Loss, Lags Revenue Estimates

by Zacks Equity Research

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 38.10% and 0.05%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?