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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

Nilanjan Choudhury headshot

Chevron's Net-Zero Goal & Occidental's Ghana Sale Dominate Oil & Gas Stock Roundup

Apart from Chevron (CVX) and Occidental Petroleum (OXY), there was news from Transocean (RIG), Cheniere Energy (LNG) and TechnipFMC (FTI) during the week.

Transocean (RIG) Aims to Cut GHG Emissions by 40% Through 2030

Transocean (RIG) is dedicated to using its resources and skills in favor of its clients' lower-carbon energy initiatives, which may include carbon capture and sequestration.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Week's Action Highlighted by Exxon & BP

Apart from ExxonMobil (XOM) and BP plc (BP) there was news from TotalEnergies (TTE), Phillips 66 (PSX) and Eni (E) during the week.

Nilanjan Choudhury headshot

ExxonMobil & Chevron Highlight the Oil & Gas Stock Roundup

Apart from ExxonMobil (XOM) and Chevron (CVX) there was news from The Williams Companies (WMB), Enbridge (ENB) and Suncor Energy (SU) during the week.

Nilanjan Choudhury headshot

Why Investors Should Focus on These 4 Oil & Gas Drilling Stocks

Sound cost control and stronger operating efficiencies should enable the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) navigate the challenging times with relative ease.

Nilanjan Choudhury headshot

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

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

Nilanjan Choudhury headshot

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

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?

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

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

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

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

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

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

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

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

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

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

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

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.

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

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

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

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

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

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

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

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