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NYSE:RIG - Transocean Stock Price, Forecast & News

$4.52
-0.14 (-3.00 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$4.40
Now: $4.52
$4.74
50-Day Range
$4.48
MA: $5.67
$7.17
52-Week Range
$3.76
Now: $4.52
$9.79
Volume18.09 million shs
Average VolumeN/A
Market CapitalizationN/A
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 18, 2019, it owned or had partial ownership interests in, and operated 48 mobile offshore drilling units that consist of 31 ultra-deepwater floaters, 13 harsh environment floaters, and 4 midwater floaters. Read More…

Industry, Sector and Symbol

Industry N/A
Sub-IndustryN/A
SectorN/A
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees6,700
Next Earnings Date2/17/2020 (Confirmed)
OptionableOptionable

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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) announced its quarterly earnings data on Monday, October, 28th. The offshore drilling services provider reported ($0.38) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.40) by $0.02. The offshore drilling services provider earned $784 million during the quarter, compared to analyst estimates of $773.64 million. The company's quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.06 EPS. View Transocean's Earnings History.

When is Transocean's next earnings date?

Transocean is scheduled to release their next quarterly earnings announcement on Monday, February 17th 2020. View Earnings Estimates for Transocean.

How can I listen to Transocean's earnings call?

Transocean will be holding an earnings conference call on Monday, February 17th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for RIG?

14 equities research analysts have issued twelve-month target prices for Transocean's shares. Their forecasts range from $2.90 to $12.00. On average, they anticipate Transocean's stock price to reach $7.38 in the next year. This suggests a possible upside of 63.2% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 4 sell ratings, 6 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Transocean.

Has Transocean been receiving favorable news coverage?

News stories about RIG stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Transocean earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave news stories about the offshore drilling services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Transocean.

Are investors shorting Transocean?

Transocean saw a increase in short interest in January. As of January 31st, there was short interest totalling 66,270,000 shares, an increase of 6.4% from the January 15th total of 62,310,000 shares. Based on an average daily volume of 16,380,000 shares, the short-interest ratio is presently 4.0 days. Approximately 11.6% of the shares of the stock are short sold. View Transocean's Current Options Chain.

What other stocks do shareholders of Transocean own?

Who are Transocean's key executives?

Transocean's management team includes the folowing people:
  • Mr. Jeremy D. Thigpen, Pres, CEO & Exec. Director (Age 44)
  • Mr. Mark-Anthony Lovell Mey Sr., Exec. VP & CFO (Age 56)
  • Mr. Keelan I. Adamson, Exec. VP & Chief Operations Officer (Age 50)
  • Mr. Howard E. Davis, Exec. VP and Chief Admin. Officer & Information Officer (Age 60)
  • Mr. Brady K. Long, Exec. VP & Gen. Counsel (Age 46)

Who are Transocean's major shareholders?

Transocean's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Contrarius Investment Management Ltd (4.27%), State Street Corp (2.41%), FMR LLC (1.58%), Van ECK Associates Corp (1.30%), Bank of New York Mellon Corp (1.02%) and Manning & Napier Group LLC (0.83%). Company insiders that own Transocean stock include Chad C Deaton, 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 Alyeska Investment Group L.P., Oxford Asset Management LLP, Commerzbank Aktiengesellschaft FI, Marshall Wace North America L.P., Manning & Napier Group LLC, Penn Capital Management Co. Inc., Brookfield Asset Management Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Transocean.

Which institutional investors are buying Transocean stock?

RIG stock was bought by a variety of institutional investors in the last quarter, including Contrarius Investment Management Ltd, Asia Research & Capital Management Ltd, Madison Asset Management LLC, Majedie Asset Management Ltd, Marshall Wace LLP, AQR Capital Management LLC, Van ECK Associates Corp and California Public Employees Retirement System. Company insiders that have bought Transocean stock in the last two years include Chad C Deaton, 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, Robinhood, Fidelity and Charles Schwab.

What is Transocean's stock price today?

One share of RIG stock can currently be purchased for approximately $4.52.


MarketBeat Community Rating for Transocean (NYSE RIG)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  868 (Vote Outperform)
Underperform Votes:  1,541 (Vote Underperform)
Total Votes:  2,409
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 2/16/2020 by MarketBeat.com Staff

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