NYSE:RIG - Transocean Stock Price, News, & Analysis

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$7.56 -0.52 (-6.44 %)
(As of 12/14/2018 04:00 PM ET)
Previous Close$7.56
Today's Range$7.51 - $8.04
52-Week Range$7.51 - $14.47
Volume24.19 million shs
Average Volume15.50 million shs
Market Capitalization$3.73 billion
P/E Ratio-126.00
Dividend YieldN/A
Beta1.54
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:RIG
Previous Symbol
CUSIPN/A
Phone41-41-749-0500

Debt

Debt-to-Equity Ratio0.75
Current Ratio3.07
Quick Ratio2.77

Price-To-Earnings

Trailing P/E Ratio-126.00
Forward P/E Ratio-10.50
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.97 billion
Price / Sales1.17
Cash Flow$1.9335 per share
Price / Cash Flow3.91
Book Value$32.49 per share
Price / Book0.23

Profitability

EPS (Most Recent Fiscal Year)($0.06)
Net Income$-3,127,000,000.00
Net Margins-64.33%
Return on Equity-2.31%
Return on Assets-1.21%

Miscellaneous

Employees4,900
Outstanding Shares461,910,000
Market Cap$3.73 billion
OptionableOptionable

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, October, 29th. The offshore drilling services provider reported $0.06 EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.16. The offshore drilling services provider earned $816 million during the quarter, compared to analyst estimates of $779.19 million. Transocean had a negative net margin of 64.33% and a negative return on equity of 2.31%. The company's revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. View Transocean's Earnings History.

When is Transocean's next earnings date?

Transocean is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

21 brokerages have issued 12 month price targets for Transocean's shares. Their predictions range from $8.00 to $18.00. On average, they anticipate Transocean's share price to reach $13.6765 in the next year. This suggests a possible upside of 80.9% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 3 sell ratings, 6 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Transocean.

Has Transocean been receiving favorable news coverage?

Headlines about RIG stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Transocean earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave news coverage about the offshore drilling services provider a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future.

Are investors shorting Transocean?

Transocean saw a increase in short interest in November. As of November 30th, there was short interest totalling 101,982,814 shares, an increase of 0.7% from the November 15th total of 101,226,179 shares. Based on an average daily volume of 13,109,881 shares, the days-to-cover ratio is presently 7.8 days. Currently, 23.9% of the shares of the company are sold short. View Transocean's Current Options Chain.

Who are some of Transocean's key competitors?

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)
  • Mr. Keelan I. Adamson, Exec. VP & Chief Operations Officer (Age 49)

Who are Transocean's major shareholders?

Transocean's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (8.41%), Vanguard Group Inc. (8.36%), Vanguard Group Inc (8.36%), Primecap Management Co. CA (6.96%), Platinum Investment Management Ltd. (3.14%) and Asia Research & Capital Management Ltd (1.91%). Company insiders that own Transocean stock include David A Tonnel, Frederik Wilhelm Mohn, Howard E Davis, Vanessa C L Chang and Vincent J Intrieri. 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 Asia Research & Capital Management Ltd, Odey Asset Management Group Ltd, Elephas Investment Management Ltd, Renaissance Technologies LLC, Panagora Asset Management Inc., Retirement Systems of Alabama, Robeco Institutional Asset Management B.V. and Schroder Investment Management Group. View Insider Buying and Selling for Transocean.

Which institutional investors are buying Transocean stock?

RIG stock was acquired by a variety of institutional investors in the last quarter, including Primecap Management Co. CA, Platinum Investment Management Ltd., TIAA CREF Investment Management LLC, Artemis Investment Management LLP, FMR LLC, Caxton Associates LP, Ashler Capital LLC and Teachers Advisors LLC. Company insiders that have bought Transocean stock in the last two years include Frederik Wilhelm Mohn, Howard E Davis, Vanessa C L Chang and Vincent J Intrieri. 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 $7.56.

How big of a company is Transocean?

Transocean has a market capitalization of $3.73 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.

What is Transocean's official website?

The official website for Transocean is http://www.deepwater.com.

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 (NYSE RIG)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  783 (Vote Outperform)
Underperform Votes:  1,313 (Vote Underperform)
Total Votes:  2,096
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.
This page was last updated on 12/15/2018 by MarketBeat.com Staff

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