About Transocean (NYSE:RIG)
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services. As of February 20, 2018, it owned or had partial ownership interests in, and operated 47 mobile offshore drilling units that consist of 27 ultra-deepwater floaters, 12 harsh environment floaters, 2 deepwater floaters, 6 midwater floaters, and 2 high-specification jackups. The company serves government-controlled oil companies and independent oil companies. Transocean Ltd. was founded in 1953 and is based in Steinhausen, Switzerland.
Industry, Sector and Symbol
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:RIG
CUSIPN/A
Phone41-41-749-0500
Debt
Debt-to-Equity Ratio0.59
Current Ratio1.50
Quick Ratio1.35
Price-To-Earnings
Trailing P/E Ratio-198.67
Forward P/E Ratio-13.10
P/E GrowthN/A
Sales & Book Value
Annual Sales$2.97 billion
Price / Sales1.85
Cash Flow$2.0659 per share
Price / Cash5.77
Book Value$32.49 per share
Price / Book0.37
Profitability
EPS (Most Recent Fiscal Year)($0.06)
Net Income$-3,127,000,000.00
Net Margins-120.20%
Return on Equity-1.79%
Return on Assets-1.01%
Miscellaneous
Employees4,900
Outstanding Shares461,710,000
Transocean (NYSE:RIG) Frequently Asked Questions
What is Transocean's stock symbol?
Transocean trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIG."
How were Transocean's earnings last quarter?
Transocean LTD (NYSE:RIG) posted its quarterly earnings data on Monday, April, 30th. The offshore drilling services provider reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.38) by $0.10. The offshore drilling services provider had revenue of $664 million for the quarter, compared to analyst estimates of $638.38 million. Transocean had a negative return on equity of 1.79% and a negative net margin of 120.20%. During the same quarter last year, the business earned $0.23 EPS. View Transocean's Earnings History.
When is Transocean's next earnings date?
What price target have analysts set for RIG?
25 brokers have issued 1-year price objectives for Transocean's shares. Their forecasts range from $7.00 to $18.00. On average, they anticipate Transocean's share price to reach $11.7841 in the next year. View Analyst Ratings for Transocean.
Are investors shorting Transocean?
Transocean saw a increase in short interest in May. As of May 31st, there was short interest totalling 72,816,027 shares, an increase of 3.7% from the May 15th total of 70,228,852 shares. Based on an average trading volume of 13,318,361 shares, the days-to-cover ratio is presently 5.5 days. Approximately 17.0% of the shares of the stock are sold short.
Who are some of Transocean's key competitors?
Some companies that are related to Transocean include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Rowan Companies (RDC), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Seadrill (SDRL).
Who are Transocean's key executives?
Transocean's management team includes the folowing people:
- Mr. Jeremy D. Thigpen, Pres, CEO & Exec. Director (Age 43)
- Mr. Mark-Anthony Lovell Mey Sr., Exec. VP & CFO (Age 55)
- Mr. Howard E. Davis, Exec. VP, Chief Admin. Officer & Chief Information Officer (Age 59)
- Mr. Brady K. Long, Exec. VP & Gen. Counsel (Age 45)
- Keelan I. Adamson, Sr. VP of Operations
Has Transocean been receiving favorable news coverage?
News articles about RIG stock have been trending positive on Monday, according to Accern. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Transocean earned a media sentiment score of 0.27 on Accern's scale. They also assigned news stories about the offshore drilling services provider an impact score of 47.97 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the immediate future.
Who are Transocean's major shareholders?
Transocean's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.55%), Asia Research & Capital Management Ltd (3.63%), Contrarius Investment Management Ltd (2.74%), Dimensional Fund Advisors LP (2.39%), Van ECK Associates Corp (1.71%) and Manning & Napier Group LLC (1.55%). Company insiders that own Transocean stock include David A Tonnel, Frederik Wilhelm Mohn, Howard E Davis and Vanessa C L Chang. View Institutional Ownership Trends for Transocean.
Which institutional investors are selling Transocean stock?
RIG stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Point72 Asset Management L.P., Thompson Siegel & Walmsley LLC, Millennium Management LLC, Manning & Napier Group LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH and SG Americas Securities LLC. View Insider Buying and Selling for Transocean.
Which institutional investors are buying Transocean stock?
RIG stock was purchased by a variety of institutional investors in the last quarter, including Asia Research & Capital Management Ltd, Platinum Investment Management Ltd., BlackRock Inc., Contrarius Investment Management Ltd, Dimensional Fund Advisors LP, Van ECK Associates Corp, Robeco Institutional Asset Management B.V. and Precocity Capital LP. Company insiders that have bought Transocean stock in the last two years include Frederik Wilhelm Mohn, Howard E Davis and Vanessa C L Chang. View Insider Buying and Selling for Transocean.
How do I buy shares of Transocean?
Shares of RIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Transocean's stock price today?
One share of RIG stock can currently be purchased for approximately $11.92.
How big of a company is Transocean?
Transocean has a market capitalization of $5.50 billion and generates $2.97 billion in revenue each year. The offshore drilling services provider earns $-3,127,000,000.00 in net income (profit) each year or ($0.06) on an earnings per share basis. Transocean employs 4,900 workers across the globe.
How can I contact Transocean?
Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. The offshore drilling services provider can be reached via phone at 41-41-749-0500 or via email at [email protected]
MarketBeat Community Rating for Transocean (RIG)
MarketBeat's community ratings are surveys of what our community members think about Transocean and other stocks. Vote "Outperform" if you believe RIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe RIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
