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

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$12.71 +0.03 (+0.24 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$12.71
Today's Range$12.5450 - $12.8250
52-Week Range$7.20 - $14.34
Volume9.42 million shs
Average Volume12.33 million shs
Market Capitalization$5.85 billion
P/E Ratio-211.83
Dividend YieldN/A
Beta1.47
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 Ratio0.59
Current Ratio1.50
Quick Ratio1.35

Price-To-Earnings

Trailing P/E Ratio-211.83
Forward P/E Ratio-13.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.97 billion
Price / Sales1.97
Cash Flow$2.07 per share
Price / Cash6.14
Book Value$32.49 per share
Price / Book0.39

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
Market Cap$5,854.55

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 the Thomson Reuters' consensus estimate of ($0.38) by $0.10. The offshore drilling services provider earned $664 million during the quarter, compared to analysts' expectations 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 in the prior year, the business earned $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 Monday, July, 30th 2018. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

25 Wall Street analysts have issued 1 year target prices for Transocean's shares. Their forecasts range from $7.00 to $18.00. On average, they anticipate Transocean's stock price to reach $12.1548 in the next year. This suggests that the stock has a possible downside of 4.4%. View Analyst Ratings for Transocean.

What is the consensus analysts' recommendation for Transocean?

25 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 5 sell ratings, 6 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

Are investors shorting Transocean?

Transocean saw a increase in short interest in June. As of June 29th, there was short interest totalling 70,673,162 shares, an increase of 4.0% from the June 15th total of 73,636,458 shares. Based on an average daily volume of 14,041,556 shares, the short-interest ratio is currently 5.0 days. Approximately 16.5% of the shares of the company 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 been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Transocean earned a media sentiment score of 0.04 on Accern's scale. They also assigned news stories about the offshore drilling services provider an impact score of 47.00 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company'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 Manning & Napier Group LLC (1.44%), Retirement Systems of Alabama (0.27%), F&V Capital Management LLC (0.10%), Creative Planning (0.06%), Thompson Rubinstein Investment Management Inc. OR (0.03%) and Louisiana State Employees Retirement System (0.03%). 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 Manning & Napier Group LLC, Retirement Systems of Alabama, Creative Planning, F&V Capital Management LLC, Municipal Employees Retirement System of Michigan, James Investment Research Inc. and Thompson Rubinstein Investment Management Inc. OR. 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 CenturyLink Investment Management Co, Cornerstone Wealth Management LLC, Private Asset Management Inc., GWM Advisors LLC, Hartford Investment Management Co., Nisa Investment Advisors LLC, Oakbrook Investments LLC and State of Alaska Department of Revenue. 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 $12.71.

How big of a company is Transocean?

Transocean has a market capitalization of $5.85 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:  659 (Vote Outperform)
Underperform Votes:  1,212 (Vote Underperform)
Total Votes:  1,871
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 7/21/2018 by MarketBeat.com Staff

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