Transocean Company Profile (NYSE:RIG)

About Transocean

Transocean logoTransocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. The Company operates through the contract drilling services segment. The Company specializes in technically demanding regions of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. Its mobile offshore drilling fleet consists of floaters and high-specification jackups used in support of offshore drilling activities and offshore support services across the world. The Company owns or has partial ownership interests in and operates over 60 mobile offshore drilling , including approximately 30 ultra‑deepwater floaters, over seven harsh environment floaters, over five deepwater floaters, over 10 midwater floaters and approximately 10 high-specification jackups.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RIG
  • CUSIP:
Key Metrics:
  • Previous Close: $9.52
  • 50 Day Moving Average: $9.89
  • 200 Day Moving Average: $10.39
  • 52-Week Range: $7.67 - $17.19
  • Trailing P/E Ratio: 2.68
  • Foreward P/E Ratio: -26.91
  • P/E Growth: -0.13
  • Market Cap: $3.36B
  • Outstanding Shares: 365,391,000
  • Beta: 1.9
Profitability:
  • Net Margins: 21.91%
  • Return on Equity: 8.46%
  • Return on Assets: 4.79%
Debt:
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 1.88%
  • Quick Ratio: 1.61%
Additional Links:
Companies Related to Transocean:

Analyst Ratings

Consensus Ratings for Transocean (NYSE:RIG) (?)
Ratings Breakdown: 10 Sell Ratings, 15 Hold Ratings, 3 Buy Ratings
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $10.05 (6.70% upside)

Analysts' Ratings History for Transocean (NYSE:RIG)
Show:
DateFirmActionRatingPrice TargetDetails
9/26/2016NomuraReiterated RatingSell$7.00View Rating Details
9/23/2016Goldman Sachs Group Inc.Reiterated RatingSellView Rating Details
9/23/2016Credit Suisse Group AGUpgradeUnderperform -> Neutral$5.00 -> $8.00View Rating Details
9/19/2016Zephirin GroupUpgradeHold -> BuyView Rating Details
9/15/2016Canaccord GenuityUpgradeSell -> HoldView Rating Details
9/14/2016ScotiabankReiterated RatingSector Perform$12.00View Rating Details
9/14/2016Howard WeilInitiated CoverageSector Perform$12.00View Rating Details
8/25/2016Citigroup Inc.UpgradeSell -> Neutral$7.00 -> $11.00View Rating Details
8/16/2016Jefferies GroupReiterated RatingHold$11.00 -> $10.00View Rating Details
8/12/2016RBC Capital MarketsReiterated RatingSector Perform$14.00 -> $11.00View Rating Details
8/12/2016Royal Bank Of CanadaLower Price TargetSector Perform$14.00 -> $11.00View Rating Details
8/5/2016JPMorgan Chase & Co.Set Price TargetSell$8.00 -> $9.00View Rating Details
8/5/2016SimmonsBoost Price TargetUnderweight$2.50 -> $4.65View Rating Details
8/5/2016SusquehannaUpgradeNegative -> Neutral$10.00 -> $11.00View Rating Details
8/4/2016Clarkson CapitalReiterated RatingNeutral$12.00View Rating Details
7/18/2016Wells Fargo & Co.UpgradeUnderperform -> Market Perform$12.15 -> $12.22View Rating Details
7/11/2016Seaport Global SecuritiesDowngradeNeutral -> Sell$10.00View Rating Details
6/29/2016Evercore ISIUpgradeSell -> Hold$11.00 -> $12.00View Rating Details
6/15/2016KLR GroupReiterated RatingBuy$19.00View Rating Details
3/28/2016Barclays PLCLower Price TargetUnderweight$6.00 -> $5.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$12.00 -> $9.00View Rating Details
3/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
3/11/2016ArgusReiterated RatingHoldView Rating Details
2/27/2016Iberia CapitalReiterated RatingHoldView Rating Details
2/23/2016Fearnley FondsDowngradeAccumulate -> ReduceView Rating Details
1/30/2016Morgan StanleyReiterated RatingUnderweight$2.70View Rating Details
12/3/2015Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$17.00View Rating Details
10/31/2015BMO Capital MarketsReiterated RatingUnderperform$10.00View Rating Details
10/8/2015KeyCorpInitiated CoverageSector WeightView Rating Details
8/7/2015S&P Equity ResearchReiterated RatingHold$14.00View Rating Details
4/22/2015Edward JonesDowngradeHold -> SellView Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Transocean (NYSE:RIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2016        
8/3/2016Q2($0.01)$0.17$943.00 millionViewListenView Earnings Details
5/4/2016Q1$0.29$0.69$1.14 billion$1.34 billionViewListenView Earnings Details
2/24/2016Q4$0.73$1.68$1.44 billion$1.85 billionViewListenView Earnings Details
11/4/2015Q3$0.68$0.87$1.59 billion$1.61 billionViewListenView Earnings Details
8/5/2015Q2$0.50$1.11$1.70 billion$1.88 billionViewListenView Earnings Details
5/6/2015Q115$0.60$1.10$1.91 billion$2.04 billionViewListenView Earnings Details
2/25/2015Q414$0.77$0.95$2.10 billionViewListenView Earnings Details
11/10/2014Q314$0.82($6.12)$2.19 billion$2.27 billionViewListenView Earnings Details
8/6/2014Q214$1.12$1.61$2.27 billion$2.33 billionViewListenView Earnings Details
5/7/2014Q114$1.03$1.43$2.27 billion$2.34 billionViewListenView Earnings Details
2/26/2014Q413$1.18$0.73$2.36 billion$2.33 billionViewListenView Earnings Details
11/7/2013Q313$1.18$1.37$2.49 billion$2.56 billionViewListenView Earnings Details
8/7/2013Q2 2013$1.08$1.08$2.40 billion$2.40 billionViewListenView Earnings Details
5/8/2013Q1 2013$1.01$0.93$2.35 billion$2.20 billionViewListenView Earnings Details
3/4/2013Q4 2012$0.80$0.91$2.37 billion$2.33 billionViewListenView Earnings Details
11/5/2012Q312$0.77$1.37$2.54 billion$2.70 billionViewN/AView Earnings Details
8/1/2012$0.45$0.72ViewN/AView Earnings Details
5/2/2012$0.34$0.12ViewN/AView Earnings Details
11/2/2011$0.82($0.20)ViewN/AView Earnings Details
8/3/2011$0.87$0.65ViewN/AView Earnings Details
5/5/2011$0.80$0.96ViewN/AView Earnings Details
2/23/2011$0.89$0.83ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Transocean (NYSE:RIG)
Current Year EPS Consensus Estimate: $0.95 EPS
Next Year EPS Consensus Estimate: $-0.35 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201610$0.18$0.44$0.29
Q2 20169($0.26)$0.02($0.08)
Q3 201610($0.30)$0.17($0.07)
Q4 20169($0.17)$0.17$0.03
Q1 20175($0.08)$0.12$0.01
Q2 20174($0.14)$0.12($0.03)
Q3 20174($0.36)($0.13)($0.23)
Q4 20173($0.34)($0.12)($0.23)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Transocean (NYSE:RIG)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:9.90% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Transocean (NYSE:RIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/14/2015$0.158/21/20158/25/20159/23/2015
5/18/2015$0.155/27/20155/29/20156/17/2015
2/6/2015$0.752/18/20152/20/20153/18/2015
11/4/2014$0.7511/12/201411/14/201412/17/2014
8/12/2014$0.758/20/20148/22/20149/17/2014
5/20/2014$0.755/28/20145/30/20146/18/2014
2/10/2014$0.562/19/20142/21/20143/19/2014
11/5/2013$0.5611/13/201311/15/201312/18/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Transocean (NYSE:RIG)
Insider Ownership Percentage: 0.17%
Institutional Ownership Percentage: 71.55%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/23/2015Lars SjobringSVPSell5,324$14.40$76,665.60View SEC Filing  
9/2/2015Vanessa C L ChangDirectorBuy1,500$13.50$20,250.00View SEC Filing  
12/1/2014Steven L NewmanCEOBuy9,800$20.41$200,018.00View SEC Filing  
9/5/2014David A TonnelSVPSell1,053$38.31$40,340.43View SEC Filing  
8/27/2014John B StobartCOOSell8,451$38.07$321,729.57View SEC Filing  
6/9/2014Edward R MullerDirectorSell1,816$42.75$77,634.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Transocean (NYSE:RIG)
DateHeadline
finance.yahoo.com logoThe Zacks Analyst Blog Highlights: Baker Hughes, Halliburton, Schlumberger, Transocean, and Rice Midstream Partners (NYSE:RIG)
finance.yahoo.com - September 27 at 11:41 AM
marketrealist.com logoCounting the Years: Drillers Must Deal with Aging Rigs (NYSE:RIG)
marketrealist.com - September 27 at 11:41 AM
News IconTransocean Ltd. (NYSE:RIG) , KeyCorp (NYSE:KEY) (NYSE:RIG)
www.crcconnection.com - September 26 at 7:06 PM
seekingalpha.com logoTransocean: It's Tough Being Patient - Seeking Alpha (NYSE:RIG)
seekingalpha.com - September 26 at 11:53 AM
News IconAnalysts Take on Transocean LTD (NYSE:RIG) Rating - Post Registrar - Post Registrar (NYSE:RIG)
postregistrar.com - September 26 at 11:53 AM
marketrealist.com logoLast Week’s Upgrades and Downgrades for Offshore Drillers (NYSE:RIG)
marketrealist.com - September 26 at 11:53 AM
News IconChanges To Transocean Ltd. (NYSE:RIG) Target Prices (NYSE:RIG)
alltechnews.org - September 25 at 6:16 PM
News IconEuropean Stocks To Watch in U.S. Markets: ArcelorMittal (MT), Transocean Ltd. (RIG) - The Independent Republic (NYSE:RIG)
theindependentrepublic.com - September 24 at 11:25 AM
thecountrycaller.com logoTransocean LTD (RIG) Upgraded To Neutral By Credit Suisse - TCC (NYSE:RIG)
www.thecountrycaller.com - September 24 at 11:25 AM
thecountrycaller.com logoTransocean LTD (RIG) Upgraded To Neutral By Credit Suisse (NYSE:RIG)
www.thecountrycaller.com - September 23 at 6:31 PM
blogs.barrons.com logoTransocean: It's Not What You Know, It's Who You Know (NYSE:RIG)
blogs.barrons.com - September 23 at 11:45 AM
thestreet.com logoTransocean (RIG) Stock Upgraded at Credit Suisse (NYSE:RIG)
www.thestreet.com - September 23 at 11:45 AM
thestreet.com logoTransocean (RIG) Stock Gains on Higher Oil Prices (NYSE:RIG)
www.thestreet.com - September 22 at 6:44 PM
investopedia.com logoZephirin Upgrades Transocean Rating to Buy (RIG) (NYSE:RIG)
www.investopedia.com - September 22 at 11:52 AM
investopedia.com logoTransocean Is No Buy Even After Steep Drop (RIG) (NYSE:RIG)
www.investopedia.com - September 21 at 6:40 PM
bloomberg.com logoMothballing the World's Fanciest Oil Rigs Is a Massive Gamble - Bloomberg (NYSE:RIG)
www.bloomberg.com - September 20 at 12:20 PM
News IconUpdate On Top Moving European Stocks: Transocean Ltd. (RIG), Weatherford International plc (WFT) - The Independent Republic (NYSE:RIG)
theindependentrepublic.com - September 20 at 12:20 PM
News IconMGM Resorts International (NYSE:MGM) & Transocean LTD (NYSE:RIG) UPDATE ON U.S STOCKS : 16 SEP 2016 - Money News (NYSE:RIG)
www.newsismoney.com - September 19 at 11:38 AM
insidermonkey.com logoBillionaire Carl Icahn’s Favorite Energy Stocks (NYSE:RIG)
www.insidermonkey.com - September 19 at 11:38 AM
seekingalpha.com logoTransocean: The Best Bet In Offshore? (NYSE:RIG)
seekingalpha.com - September 18 at 11:14 AM
News IconResearch Analysts Set Transocean Ltd. (NYSE:RIG)'s Price Target At $9.476 (NYSE:RIG)
alltechnews.org - September 17 at 6:32 PM
thecountrycaller.com logoTransocean Ltd. (NYSE:RIG) Trades In The Red Despite An Upgrade - TCC (NYSE:RIG)
www.thecountrycaller.com - September 17 at 11:28 AM
thecountrycaller.com logoTransocean Ltd. (NYSE:RIG) Trades In The Red Despite An Upgrade (NYSE:RIG)
www.thecountrycaller.com - September 16 at 6:49 PM
finance.yahoo.com logoIs it Worth Holding Transocean (RIG) as Oil Rout Continues? (NYSE:RIG)
finance.yahoo.com - September 15 at 7:07 PM
schaeffersresearch.com logoAnalyst Upgrades: bluebird bio Inc, Dick's Sporting Goods Inc, and Transocean LTD - Schaeffers Research (blog) (NYSE:RIG)
www.schaeffersresearch.com - September 15 at 10:38 AM
News IconGeneral Electric Company (NYSE:GE) & Transocean LTD (NYSE:RIG) UPDATE ON U.S STOCKS : 13 SEP 2016 - Money News (NYSE:RIG)
www.newsismoney.com - September 15 at 10:38 AM
thestreet.com logoTransocean (RIG) Stock Upgraded at Canaccord Genuity (NYSE:RIG)
www.thestreet.com - September 15 at 10:38 AM
finance.yahoo.com logoTrade bets on halt to Transocean slide (NYSE:RIG)
finance.yahoo.com - September 14 at 11:26 AM
capitalcube.com logoETF’s with exposure to Transocean Ltd. : September 13, 2016 (NYSE:RIG)
www.capitalcube.com - September 13 at 11:54 AM
News IconNoble Corporation Ordinary Shares (UK) (NYSE:NE) & Transocean LTD (NYSE:RIG) UPDATE ON U.S STOCKS : 09 ... - Money News (NYSE:RIG)
www.newsismoney.com - September 12 at 6:40 PM
News IconInvestor's Watch List - NVIDIA Corporation (NASDAQ:NVDA), Transocean LTD (NYSE:RIG), Ambev SA (ADR)(NYSE ... - NYSE Journal (press release) (NYSE:RIG)
stockznews.com - September 12 at 11:46 AM
seekingalpha.com logoTransocean - The Semi-Submersible Spitsbergen Hits Oil In The Shetlands - Seeking Alpha (NYSE:RIG)
seekingalpha.com - September 12 at 11:46 AM
finance.yahoo.com logoU.S. Rig Count Increases for the Third Consecutive Month (NYSE:RIG)
finance.yahoo.com - September 12 at 11:46 AM
News IconQuarterly Financial Review of Transocean Ltd. (NYSE:RIG) (NYSE:RIG)
10thousandcouples.com - September 10 at 6:16 PM
News IconTransocean Ltd.'s (RIG) ended its day with a gain (NYSE:RIG)
www.crcconnection.com - September 9 at 6:41 PM
finance.yahoo.com logoTrade sees end to slide in Transocean (NYSE:RIG)
finance.yahoo.com - September 9 at 6:41 PM
News IconIt's Earnings Time: What to Do with Transocean Ltd. (NYSE:RIG) Stock - The Voice Registrar (NYSE:RIG)
voiceregistrar.com - September 8 at 6:46 PM
finance.yahoo.com logoShort-term bulls pile into Transocean (NYSE:RIG)
finance.yahoo.com - September 8 at 6:46 PM
News IconBuzzing Stocks of Basic Material: Transocean LTD (NYSE:RIG), Barrick Gold Corporation (USA) (NYSE:ABX) - Post Registrar (NYSE:RIG)
postregistrar.com - September 8 at 10:53 AM
streetinsider.com logoForm 8-K Transocean Ltd. For: Sep 07 (NYSE:RIG)
www.streetinsider.com - September 7 at 7:11 PM
seekingalpha.com logoTransocean Rolls Up Its Partnership - Seeking Alpha (NYSE:RIG)
seekingalpha.com - September 6 at 11:48 AM
finance.yahoo.com logoU.S. Rig Count Resumes Increase on Improved Gas Drilling (NYSE:RIG)
finance.yahoo.com - September 5 at 11:07 AM
biz.yahoo.com logoTRANSOCEAN LTD. Files SEC form 8-K, Change in Directors or Principal Officers (NYSE:RIG)
biz.yahoo.com - September 2 at 6:58 PM
News IconOil rig count resumes its climb with 1 rig added (NYSE:RIG)
www.businessinsider.com - September 2 at 2:57 PM
News IconShares of Karyopharm Therapeutics Inc (NASDAQ:KPTI) & Transocean LTD (NYSE:RIG) Stocks News Update: Tuesday - Money News (NYSE:RIG)
www.newsismoney.com - September 2 at 11:58 AM
seekingalpha.com logoTransocean - Strong Offshore Recovery Play - Seeking Alpha (NYSE:RIG)
seekingalpha.com - September 2 at 11:58 AM
News IconTransocean Files 8K - Regulation FD (NYSE:RIG)
ih.advfn.com - August 31 at 12:18 PM
biz.yahoo.com logoTRANSOCEAN LTD. Files SEC form 8-K, Regulation FD Disclosure (NYSE:RIG)
biz.yahoo.com - August 30 at 6:59 PM
News Icon$RIG & $SIG - Transocean LTD (NYSE:RIG) & Signet Jewelers Ltd. (NYSE:SIG) Stocks on the Run - Money News (press release) (NYSE:RIG)
www.newsismoney.com - August 30 at 10:21 AM
News IconInternational Business Machines Corp. (NYSE:IBM) & Transocean LTD (NYSE:RIG) UPDATE ON U.S STOCKS: 29 ... - Money News (NYSE:RIG)
www.newsismoney.com - August 30 at 10:21 AM

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Transocean (NYSE:RIG) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff