NYSE:RIG - Transocean Stock Price, Price Target & More

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$11.88 -0.62 (-4.96 %)
(As of 06/21/2018 03:55 PM ET)
Previous Close$12.37
Today's Range$11.88 - $12.37
52-Week Range$7.20 - $14.16
Volume529,815 shs
Average Volume12.46 million shs
Market Capitalization$5.67 billion
P/E Ratio-199.67
Dividend YieldN/A
Beta1.48
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

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-199.67
Forward P/E Ratio-13.05
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.97 billion
Price / Sales1.84
Cash Flow$1.9966 per share
Price / Cash5.95
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 results on Monday, April, 30th. The offshore drilling services provider reported ($0.48) EPS for the quarter, missing analysts' consensus estimates 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 period last year, the firm posted $0.23 EPS. View Transocean's Earnings History.

When is Transocean's next earnings date?

Transocean is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

25 brokers have issued 12 month target prices for Transocean's stock. Their predictions range from $7.00 to $18.00. On average, they anticipate Transocean's share price to reach $11.7386 in the next twelve months. View Analyst Ratings for Transocean.

Are investors shorting Transocean?

Transocean saw a increase in short interest in the month of 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 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 (Age 45)
  • Keelan I. Adamson, Sr. VP of Operations

Has Transocean been receiving favorable news coverage?

News articles about RIG stock have trended somewhat positive on Thursday, Accern reports. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Transocean earned a coverage optimism score of 0.06 on Accern's scale. They also assigned media headlines about the offshore drilling services provider an impact score of 45.88 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Transocean's major shareholders?

Transocean's stock is owned by a number of 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 bought 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 $11.88.

How big of a company is Transocean?

Transocean has a market capitalization of $5.67 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)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  619 (Vote Outperform)
Underperform Votes:  1,207 (Vote Underperform)
Total Votes:  1,826
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 6/21/2018 by MarketBeat.com Staff

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