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Transocean (RIG) News Today

$6.12
+0.35 (+6.07%)
(As of 05/28/2024 ET)
Transocean Ltd. (NYSE:RIG) Receives Consensus Recommendation of "Hold" from Brokerages
Transocean Ltd. (NYSE:RIG - Get Free Report) has received an average recommendation of "Hold" from the ten research firms that are covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating
Contrarius Investment Management Ltd Trims Stock Holdings in Transocean Ltd. (NYSE:RIG)
Contrarius Investment Management Ltd lowered its stake in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 48.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,852,607 shares
Primecap Management Co. CA Purchases 5,168,000 Shares of Transocean Ltd. (NYSE:RIG)
Primecap Management Co. CA boosted its position in Transocean Ltd. (NYSE:RIG - Free Report) by 11.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 50,699,389 shares of the offshore drilling services provider's stock after purchas
Zacks Research Weighs in on Transocean Ltd.'s Q2 2024 Earnings (NYSE:RIG)
Transocean Ltd. (NYSE:RIG - Free Report) - Equities researchers at Zacks Research decreased their Q2 2024 earnings per share (EPS) estimates for Transocean in a report released on Monday, May 20th. Zacks Research analyst N. Choudhury now anticipates that the offshore drilling services provider wi
Aigen Investment Management LP Has $1.57 Million Stake in Transocean Ltd. (NYSE:RIG)
Aigen Investment Management LP lifted its stake in Transocean Ltd. (NYSE:RIG - Free Report) by 151.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 247,820 shares of the offshore dri
Transocean Sees Unusually High Options Volume (NYSE:RIG)
Transocean Ltd. (NYSE:RIG - Get Free Report) was the target of some unusual options trading on Tuesday. Stock investors purchased 57,204 call options on the stock. This is an increase of approximately 83% compared to the average volume of 31,292 call options.
Zacks Research Analysts Cut Earnings Estimates for Transocean Ltd. (NYSE:RIG)
Transocean Ltd. (NYSE:RIG - Free Report) - Research analysts at Zacks Research lowered their Q3 2024 EPS estimates for Transocean in a research report issued to clients and investors on Monday, May 20th. Zacks Research analyst N. Choudhury now forecasts that the offshore drilling services provide
Transocean Ltd. (NYSE:RIG) Holdings Lowered by Marathon Capital Management
Marathon Capital Management cut its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 87.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 181,500 shares of the offshore drilling services
Russell Investments Group Ltd. Sells 172,397 Shares of Transocean Ltd. (NYSE:RIG)
Russell Investments Group Ltd. lowered its holdings in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 43.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 227,709 shares of the offshore drilling serv
Insider Buying: Transocean Ltd. (NYSE:RIG) Director Buys 2,000,000 Shares of Stock
Transocean Ltd. (NYSE:RIG - Get Free Report) Director (Cyprus) Ltd Perestroika purchased 2,000,000 shares of the business's stock in a transaction on Wednesday, May 15th. The stock was purchased at an average price of $6.01 per share, with a total value of $12,020,000.00. Following the purchase, the director now owns 87,574,894 shares of the company's stock, valued at $526,325,112.94. The purchase was disclosed in a legal filing with the SEC, which is available through this link.
Dimensional Fund Advisors LP Has $226.64 Million Holdings in Transocean Ltd. (NYSE:RIG)
Dimensional Fund Advisors LP lifted its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 23.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,690,620 shares of the offshore drilling se
Jump Financial LLC Boosts Stock Position in Transocean Ltd. (NYSE:RIG)
Jump Financial LLC boosted its holdings in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 332.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 383,941 shares of the offshore drilling services provider's stock aft
Transocean Stock - The Good News Is Ignored
Lisanti Capital Growth LLC Trims Stock Position in Transocean Ltd. (NYSE:RIG)
Lisanti Capital Growth LLC lowered its stake in Transocean Ltd. (NYSE:RIG - Free Report) by 94.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,810 shares of the offshore drilling services provider's
Q2 2024 EPS Estimates for Transocean Ltd. Decreased by Analyst (NYSE:RIG)
Transocean Ltd. (NYSE:RIG - Free Report) - Stock analysts at Capital One Financial dropped their Q2 2024 earnings per share (EPS) estimates for Transocean in a research report issued on Tuesday, April 30th. Capital One Financial analyst D. Becker now expects that the offshore drilling services pr
Transocean Ltd. (NYSE:RIG) Forecasted to Post FY2024 Earnings of $0.11 Per Share
Transocean Ltd. (NYSE:RIG - Free Report) - Analysts at Capital One Financial boosted their FY2024 EPS estimates for Transocean in a note issued to investors on Tuesday, April 30th. Capital One Financial analyst D. Becker now anticipates that the offshore drilling services provider will earn $0.11
New York State Common Retirement Fund Sells 599,023 Shares of Transocean Ltd. (NYSE:RIG)
New York State Common Retirement Fund lowered its holdings in Transocean Ltd. (NYSE:RIG - Free Report) by 29.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,435,298 shares of the offshore drilling services provider's
Transocean (NYSE:RIG) Given New $7.00 Price Target at Evercore ISI
Evercore ISI cut their price target on shares of Transocean from $9.00 to $7.00 and set an "outperform" rating on the stock in a research note on Wednesday.
Why Transocean Stock Is Sinking Tuesday
Transocean (NYSE:RIG) Trading Down 8.4%
Transocean (NYSE:RIG) Shares Down 8.4%
Transocean Ltd. (NYSE:RIG) Stock Holdings Lifted by Van ECK Associates Corp
Van ECK Associates Corp grew its position in Transocean Ltd. (NYSE:RIG - Free Report) by 11.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,908,217 shares of the offshore drilling services provid
Transocean (NYSE:RIG) Rating Reiterated by Benchmark
Benchmark reaffirmed a "buy" rating and set a $8.00 price target on shares of Transocean in a research note on Tuesday.
Transocean (NYSE:RIG) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS
Transocean (NYSE:RIG - Get Free Report) announced its earnings results on Monday. The offshore drilling services provider reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.10) by $0.07. Transocean had a negative return on equity of 7.13% and a negative net margin of 33.69%. The business had revenue of $767.00 million during the quarter, compared to analysts' expectations of $781.86 million. During the same quarter last year, the business posted ($0.38) earnings per share. The company's quarterly revenue was up 18.2% on a year-over-year basis.
Transocean: Q1 Earnings Snapshot
Transocean Ltd. Reports First Quarter 2024 Results
PFG Investments LLC Invests $1.08 Million in Transocean Ltd. (NYSE:RIG)
PFG Investments LLC purchased a new stake in Transocean Ltd. (NYSE:RIG - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 172,637 shares of the offshore drilling services provider's
Glenorchy Capital Ltd Invests $1.98 Million in Transocean Ltd. (NYSE:RIG)
Glenorchy Capital Ltd acquired a new position in Transocean Ltd. (NYSE:RIG - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 311,573 shares of the offshore drilling services provider's s
Transocean Ltd. (NYSE:RIG) Shares Acquired by International Assets Investment Management LLC
International Assets Investment Management LLC boosted its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 554.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 218,834 sh
Mackenzie Financial Corp Raises Stock Position in Transocean Ltd. (NYSE:RIG)
Mackenzie Financial Corp boosted its position in shares of Transocean Ltd. (NYSE:RIG - Free Report) by 96.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 983,497 shares of the offshore
Transocean Ltd. (RIG)
Transocean Ltd. Announces Results of Tender Offers
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RIG Media Mentions By Week

RIG Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

RIG
News Sentiment

0.33

0.68

Average
Oils/Energy
News Sentiment

RIG News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

RIG Articles
This Week

13

7

RIG Articles
Average Week

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This page (NYSE:RIG) was last updated on 5/28/2024 by MarketBeat.com Staff

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