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

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$10.76 +0.11 (+1.03 %)
(As of 08/19/2018 01:58 PM ET)
Previous Close$10.76
Today's Range$10.5850 - $10.81
52-Week Range$7.20 - $14.34
Volume12.33 million shs
Average Volume13.99 million shs
Market Capitalization$5.80 billion
P/E Ratio-179.33
Dividend YieldN/A
Beta1.49
Transocean logoTransocean 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
SymbolNYSE:RIG
CUSIPN/A
Phone41-41-749-0500

Debt

Debt-to-Equity Ratio0.63
Current Ratio1.49
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio-179.33
Forward P/E Ratio-11.57
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.97 billion
Price / Sales1.67
Cash Flow$1.7697 per share
Price / Cash6.08
Book Value$32.49 per share
Price / Book0.33

Profitability

EPS (Most Recent Fiscal Year)($0.06)
Net Income$-3,127,000,000.00
Net Margins-99.38%
Return on Equity-2.00%
Return on Assets-1.08%

Miscellaneous

Employees4,900
Outstanding Shares461,870,000
Market Cap$5.80 billion

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) released its earnings results on Monday, July, 30th. The offshore drilling services provider reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.13. The offshore drilling services provider earned $790 million during the quarter, compared to the consensus estimate of $768.68 million. Transocean had a negative return on equity of 2.00% and a negative net margin of 99.38%. Transocean's quarterly revenue was up 5.2% on a year-over-year basis. View Transocean's Earnings History.

When is Transocean's next earnings date?

Transocean is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

20 brokers have issued twelve-month target prices for Transocean's shares. Their predictions range from $7.00 to $16.00. On average, they expect Transocean's stock price to reach $12.3778 in the next twelve months. This suggests a possible upside of 15.0% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 3 sell ratings, 5 hold ratings and 12 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Transocean.

Are investors shorting Transocean?

Transocean saw a increase in short interest in July. As of July 31st, there was short interest totalling 75,104,353 shares, an increase of 5.1% from the July 13th total of 71,484,417 shares. Based on an average daily volume of 11,619,413 shares, the short-interest ratio is presently 6.5 days. Approximately 17.6% of the company's shares are short sold. 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 & Assistant Corp. Sec. (Age 45)
  • Keelan I. Adamson, Sr. VP of Operations

Has Transocean been receiving favorable news coverage?

Media stories about RIG stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Transocean earned a news impact score of 0.12 on Accern's scale. They also gave media stories about the offshore drilling services provider an impact score of 47.65 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days. View Recent Headlines for Transocean.

Who are Transocean's major shareholders?

Transocean's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.49%), Asia Research & Capital Management Ltd (3.65%), Contrarius Investment Management Ltd (2.73%), Platinum Investment Management Ltd. (1.89%), Renaissance Technologies LLC (1.74%) and Dimensional Fund Advisors LP (1.45%). 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 Dimensional Fund Advisors LP, Van ECK Associates Corp, Schroder Investment Management Group, Russell Investments Group Ltd., Marshall Wace LLP, Manning & Napier Group LLC, California Public Employees Retirement System and Voya Investment Management LLC. 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 FMR LLC, Platinum Investment Management Ltd., Elephas Investment Management Ltd, Renaissance Technologies LLC, Columbus Circle Investors, Somerset Capital Management LLP, Victory Capital Management Inc. and CastleArk Alternatives 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 $10.76.

How big of a company is Transocean?

Transocean has a market capitalization of $5.80 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 (NYSE RIG)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  689 (Vote Outperform)
Underperform Votes:  1,228 (Vote Underperform)
Total Votes:  1,917
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 8/19/2018 by MarketBeat.com Staff

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