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Transocean (RIG)

(Real Time Quote from BATS)

$4.57 USD

4.57
7,800,639

-0.10 (-2.14%)

Updated Oct 7, 2024 01:04 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

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Equinor's North Sea Start-Up, Marathon's JV

by Nilanjan Choudhury

Apart from Equinor (EQNR) and Marathon Petroleum (MPC) there was news from Transocean (RIG), NOV Inc. (NOV) and Imperial Oil (IMO) during the week.

Transocean (RIG) Up 1.7% 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.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Equinor's North Sea Start-Up, Marathon's JV

by Nilanjan Choudhury

Apart from Equinor (EQNR) and Marathon Petroleum (MPC) there was news from Transocean (RIG), NOV Inc. (NOV) and Imperial Oil (IMO) during the week.

Transocean (RIG) Wins $252M Deal for Deepwater Atlas Drillship

by Zacks Equity Research

Transocean's (RIG) Deepwater Atlas is slated to come online in the third quarter of 2022 after its delivery from the shipyard, initially with dual blowout preventers (BOP) rated to 15,000 psi.

US Oil & Gas Rig Tally Rises for 4 Straight Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for three straight weeks.

The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Whiting Petroleum and Earthstone Energy

by Zacks Equity Research

The Zacks Analyst Blog Highlights: Halliburton, Schlumberger, Transocean, Whiting Petroleum and Earthstone Energy

Transocean (RIG) Down 18% Since Wider-Than-Expected Q2 Loss

by Zacks Equity Research

Transocean's (RIG) operating and maintenance costs in Q2 decrease to $434 million from $525 million a year ago.

US Oil & Gas Rig Tally Rises for 3 Straight Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for two straight weeks.

Nilanjan Choudhury headshot

Deals by Chesapeake, Viper Energy & Phillips 66 Dominate Oil & Gas Stock Roundup

by Nilanjan Choudhury

Apart from Chesapeake Energy (CHK), Viper Energy Partners (VNOM) and Phillips 66 (PSX), there were news from TechnipFMC (FTI) and The Williams Companies (WMB) during the week.

US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in three of the last four weeks.

Transocean (RIG) Reports Q2 Loss, Misses Revenue Estimates

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of -20.00% and -3.20%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Things You Must Know Ahead of Transocean's (RIG) Q2 Earnings

by Zacks Equity Research

Transocean Ltd. (RIG) beat the Zacks Consensus Estimate in two of the last four quarters and missed in the others, delivering an earnings surprise of 1.01%, on average.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Penn Virginia & Kinder Morgan Acquisitions

by Nilanjan Choudhury

Apart from Penn Virginia (PVAC) and Kinder Morgan (KMI), there was news from The Williams Companies (WMB), Royal Dutch Shell (RDS.A) and BP plc (BP).

US Oil & Gas Rig Tally Rises in 5 of 6 Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 11 weeks.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell's Q2 Update, Eni's Ghana Find & More

by Nilanjan Choudhury

Apart from Royal Dutch Shell (RDS.A) and Eni (E), there were news from Patterson-UTI Energy (PTEN), Chevron (CVX) and TechnipFMC (FTI) during the week.

US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in seven of the prior 10 weeks.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Exxon's Q2 Update, Conoco's Upbeat 10-Year Plan & More

by Nilanjan Choudhury

Apart from ExxonMobil (XOM) and ConocoPhillips (COP), there were news from EQT Corporation (EQT), Equinor (EQNR) and Enterprise Products Partners (EPD) during the week.

US Oil & Gas Rig Tally Rises in 3 of 4 Weeks: Here's Why

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in four of the prior six weeks.

US Oil & Gas Rig Count Flat, Still at April 2020 High Mark

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin decreased after increasing for two straight weeks.

Nilanjan Choudhury headshot

Should You Ride the Meme Wave in Torchlight (TRCH)?

by Nilanjan Choudhury

Cashing in on the retail trading frenzy, Torchlight Energy Resources (TRCH) has announced plans to sell an upsized share offering of $250 million.

Permian Oil Explorers Add Rigs in 6 of the Past 7 Weeks

by Zacks Equity Research

Baker Hughes' (BKR) data shows that the count of oil and gas rigs in the United States has increased for two straight weeks.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Equinor & Eni's Discoveries, TC Energy's Cancellation & More

by Nilanjan Choudhury

Apart from Equinor (EQNR), Eni (E) and TC Energy (TRP), there were news from Williams (WMB) and Halliburton (HAL) during the week.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup Headlined by Enbridge, Magellan & Occidental's Divestments

by Nilanjan Choudhury

Apart from Enbridge (ENB), Magellan Midstream (MMP) and Occidental Petroleum (OXY), there were news from Plains All American (PAA) and ExxonMobil (XOM) during the week.

Transocean (RIG) Wins $116M Deal for Drillship Duo in Norway

by Zacks Equity Research

Transocean's (RIG) Norge drillship clinches a four-well contract in Norway with five one-well options. The drilling activity is scheduled for March 2022.

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Transocean (RIG) to Raise $400M Capitalizing on Meme Craze

by Nilanjan Choudhury

Transocean (RIG) announced that will use the proceeds from its share sale toward general corporate purposes such as refinancing its debt or capital expenditures.