Transocean Stock Price, News & Analysis (NYSE:RIG)

$5.83
+0.01 (+0.17 %)
(As of 09/23/2019 03:28 PM ET)
Today's Range
$5.66
Now: $5.83
$5.8950
50-Day Range
$3.83
MA: $4.84
$6.59
52-Week Range
$3.76
Now: $5.83
$14.47
Volume11.72 million shs
Average Volume20.81 million shs
Market Capitalization$3.57 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.85
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 Drilling oil & gas wells
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone41-41-749-0500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.02 billion
Cash Flow$0.9167 per share
Book Value$21.51 per share

Profitability

Net Income$-1,996,000,000.00

Miscellaneous

Employees6,700
Market Cap$3.57 billion
Next Earnings Date11/4/2019 (Estimated)
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) issued its quarterly earnings data on Monday, July, 29th. The offshore drilling services provider reported ($0.34) earnings per share for the quarter, hitting the consensus estimate of ($0.34). The offshore drilling services provider earned $758 million during the quarter, compared to analysts' expectations of $765.81 million. Transocean had a negative net margin of 33.49% and a negative return on equity of 4.18%. The business's revenue was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.04) 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, November 4th 2019. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

15 equities research analysts have issued 12 month price objectives for Transocean's shares. Their forecasts range from $6.50 to $17.00. On average, they expect Transocean's share price to reach $11.25 in the next year. This suggests a possible upside of 93.0% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 1 sell rating, 6 hold ratings and 8 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 coverage about RIG stock has been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Transocean earned a news impact score of -1.3 on InfoTrie's scale. They also assigned media stories about the offshore drilling services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Transocean.

Who are some of Transocean's key competitors?

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 a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.65%), Primecap Management Co. CA (8.41%), BlackRock Inc. (7.93%), BlackRock Inc. (7.93%), Van ECK Associates Corp (1.38%) and Mackenzie Financial Corp (1.17%). 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 Somerset Capital Management LLP, AQR Capital Management LLC, Luminus Management LLC, Canada Pension Plan Investment Board, South Dakota Investment Council, Cubist Systematic Strategies LLC, Robeco Institutional Asset Management B.V. and Allianz Asset Management GmbH. Company insiders that have sold Transocean company stock in the last year include David A Tonnel and Howard E Davis. 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, Perella Weinberg Partners Capital Management LP, Nuveen Asset Management LLC, Brigade Capital Management LP, BlackRock Inc., BlackRock Inc., Vanguard Group Inc. and Van ECK Associates Corp. 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 $5.83.

How big of a company is Transocean?

Transocean has a market capitalization of $3.57 billion and generates $3.02 billion in revenue each year. The offshore drilling services provider earns $-1,996,000,000.00 in net income (profit) each year or ($0.79) on an earnings per share basis. Transocean employs 6,700 workers across the globe.View Additional Information About Transocean.

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:  1.8 out of 5 (star)
Outperform Votes:  838 (Vote Outperform)
Underperform Votes:  1,434 (Vote Underperform)
Total Votes:  2,272
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 9/23/2019 by MarketBeat.com Staff

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