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

$4.85
+0.08 (+1.68 %)
(As of 10/23/2019 04:00 PM ET)
Today's Range
$4.56
Now: $4.85
$4.96
50-Day Range
$4.05
MA: $4.93
$6.59
52-Week Range
$3.76
Now: $4.85
$11.68
Volume15.61 million shs
Average Volume16.64 million shs
Market Capitalization$2.97 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.81
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$0.97 per share
Book Value$21.51 per share

Profitability

Net Income$-1,996,000,000.00

Miscellaneous

Employees6,700
Market Cap$2.97 billion
Next Earnings Date10/28/2019 (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) posted its quarterly earnings data on Monday, July, 29th. The offshore drilling services provider reported ($0.34) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.34). The offshore drilling services provider earned $758 million during the quarter, compared to the consensus estimate of $765.81 million. Transocean had a negative return on equity of 4.18% and a negative net margin of 33.49%. The firm's revenue was down 4.1% compared to the same quarter last year. During the same period in the prior year, the business 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, October 28th 2019. View Earnings Estimates for Transocean.

How can I listen to Transocean's earnings call?

Transocean will be holding an earnings conference call on Monday, October 28th 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?

13 equities research analysts have issued 1 year target prices for Transocean's shares. Their forecasts range from $6.00 to $14.00. On average, they expect Transocean's share price to reach $9.04 in the next year. This suggests a possible upside of 86.4% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

13 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 6 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 trended somewhat positive recently, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by analyzing 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 closest to five being the most favorable. Transocean earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave media stories about the offshore drilling services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Transocean.

Are investors shorting Transocean?

Transocean saw a decrease in short interest in September. As of September 30th, there was short interest totalling 62,410,000 shares, a decrease of 9.6% from the August 30th total of 69,030,000 shares. Based on an average trading volume of 21,280,000 shares, the short-interest ratio is presently 2.9 days. Approximately 11.0% of the shares of the stock are short sold. View Transocean's Current Options Chain.

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 institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.89%), Commerzbank Aktiengesellschaft FI (0.34%), Rhumbline Advisers (0.22%), Robeco Institutional Asset Management B.V. (0.18%), Foundation Resource Management Inc. (0.09%) and State of New Jersey Common Pension Fund D (0.06%). 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 major investors are selling Transocean stock?

RIG stock was sold by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., CenturyLink Investment Management Co, Oakbrook Investments LLC, Foundation Resource Management Inc., Enlightenment Research LLC, Coastal Investment Advisors Inc. and Nwam LLC. 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 major investors are buying Transocean stock?

RIG stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of New Jersey Common Pension Fund D, Pacer Advisors Inc., Commerzbank Aktiengesellschaft FI, Cerebellum GP LLC, Rhumbline Advisers, State of Alaska Department of Revenue and Cerebellum GP LLC. 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 $4.85.

How big of a company is Transocean?

Transocean has a market capitalization of $2.97 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:  847 (Vote Outperform)
Underperform Votes:  1,447 (Vote Underperform)
Total Votes:  2,294
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 10/23/2019 by MarketBeat.com Staff

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