Transocean Partners LLC Company Profile (NYSE:RIGP)

About Transocean Partners LLC

Transocean Partners LLC logoTransocean Partners LLC a limited liability company. The Company is formed by Transocean Partners Holdings Limited and a subsidiary of Transocean Ltd. (Transocean), to own, operate and acquire advanced offshore drilling rigs. The Company's assets consist of over 50% ownership interest in each of the entities that owns and operates over three ultra-deepwater drilling rigs that are operating in the U.S. Gulf of Mexico, which include Discoverer Clear Leader, Discoverer Inspiration and Development Driller III. The Company owns or has partial ownership interests in, and operated over 60 mobile offshore drilling units, including approximately 30 ultra-deepwater floaters, over seven harsh environment floaters, approximately five deepwater floaters, over 10 midwater floaters and approximately 10 high-specification jackups. Transocean also has approximately six ultra-deepwater drillships and over five high-specification jackups under construction.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RIGP
  • CUSIP:
Key Metrics:
  • Previous Close: $17.83
  • 50 Day Moving Average: $17.83
  • 200 Day Moving Average: $13.91
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 13.93
  • P/E Growth: 0.68
  • Market Cap: $N/A
  • Beta: 1.68
Profitability:
  • Net Margins: 23.33%
  • Return on Equity: 6.65%
  • Return on Assets: 6.42%
Debt:
  • Current Ratio: 7.63%
  • Quick Ratio: 6.90%
Additional Links:
Companies Related to Transocean Partners LLC:

Analyst Ratings

Consensus Ratings for Transocean Partners LLC (NYSE:RIGP) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $12.55 (29.61% downside)

Analysts' Ratings History for Transocean Partners LLC (NYSE:RIGP)
Show:
DateFirmActionRatingPrice TargetDetails
12/20/2016Evercore ISIUpgradeBuy$18.00View Rating Details
8/1/2016SidotiDowngradeBuy -> Neutral$18.00 -> $12.00View Rating Details
7/26/2016Morgan StanleyDowngradeOverweight -> Equal Weight$14.00View Rating Details
7/11/2016Citigroup Inc.Boost Price TargetNeutral$8.00 -> $11.25View Rating Details
7/7/2016Wells Fargo & CompanyReiterated RatingHold$7.50View Rating Details
2/24/2015Barclays PLCDowngradeEqual Weight -> Underweight$26.00 -> $16.00View Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Transocean Partners LLC (NYSE:RIGP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/22/2017        
8/3/2016Q2$0.51$0.52$155.00 millionViewN/AView Earnings Details
5/6/2016Q1$0.50$0.45$149.25 million$144.00 millionViewN/AView Earnings Details
2/24/2016Q4$0.45$0.49$146.95 million$154.00 millionViewListenView Earnings Details
11/4/2015Q3$0.32$0.19$112.70 million$125.00 millionViewN/AView Earnings Details
8/6/2015Q2$0.38$0.51$141.44 million$161.00 millionViewN/AView Earnings Details
5/6/2015Q115$0.38$0.41$136.10 million$140.00 millionViewN/AView Earnings Details
2/25/2015Q414$0.59$0.28$139.42 millionViewN/AView Earnings Details
11/10/2014Q1$0.52$0.24$145.00 million$136.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Transocean Partners LLC (NYSE:RIGP)
Current Year EPS Consensus Estimate: $2.02 EPS
Next Year EPS Consensus Estimate: $1.28 EPS

Dividends

Current Dividend Information for Transocean Partners LLC (NYSE:RIGP)
Annual Dividend:$1.45
Dividend Yield:8.13%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:70.05% (Based on Trailing 12 Months of Earnings)
71.78% (Based on Current Year Consensus EPS Estimate)
113.28% (Based on Next Year Consensus EPS Estimate)

Dividend History for Transocean Partners LLC (NYSE:RIGP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
11/3/2016quarterly$0.3612.75%11/10/201611/14/201611/22/2016
8/3/2016quarterly$0.3611.76%8/11/20168/15/20168/24/2016
5/6/2016quarterly$0.3611.35%5/13/20165/17/20165/24/2016
2/10/2016quarterly$0.3619.18%2/18/20162/22/20162/25/2016
10/29/2015quarterly$0.3612.81%11/5/201511/9/201511/23/2015
7/31/2015quarterly$0.3610.86%8/10/20158/12/20158/25/2015
5/5/2015quarterly$0.369.43%5/13/20155/15/20155/27/2015
2/10/2015quarterly$0.369.28%2/18/20152/20/20152/26/2015
11/6/2014special$0.2211/13/201411/17/201411/24/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Transocean Partners LLC (NYSE:RIGP)
Insider Ownership Percentage: 0.09%
Institutional Ownership Percentage: 28.98%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/4/2016Norman J SzydlowskiDirectorBuy1,500$9.15$13,725.00View SEC Filing  
9/4/2015Michael David Lynch-BellDirectorBuy1,500$11.10$16,650.00View SEC Filing  
3/2/2015Norman J SzydlowskiDirectorBuy1,500$13.75$20,625.00View SEC Filing  
12/12/2014Garry TaylorCFOBuy1,650$15.06$24,849.00View SEC Filing  
12/9/2014John Kirby PlaxtonDirectorBuy1,000$17.87$17,870.00View SEC Filing  
8/5/2014Kathleen S McallisterCEOBuy3,000$25.28$75,840.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Transocean Partners LLC (NYSE:RIGP)
DateHeadline
insidermonkey.com logoIs Transocean Partners LLC (RIGP) A Good Stock To Buy? (NYSE:RIGP)
www.insidermonkey.com - December 16 at 5:39 AM
News IconFormer astronaut, US Sen. John Glenn has died at 95 (NYSE:RIGP)
vouxmagazine.com - December 13 at 7:57 PM
biz.yahoo.com logoTRANSOCEAN PARTNERS LLC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Notice of Delisting o (NYSE:RIGP)
biz.yahoo.com - December 9 at 7:29 PM
News IconActive Momentum Stocks in New Buzz : Transocean Partners (NYSE:RIGP), GoDaddy (NYSE:GDDY) - Street Wise Report (press release) (blog) (NYSE:RIGP)
streetwisereport.com - December 9 at 1:01 AM
seekingalpha.com logoTransocean Partners: One Of The Best Stories Of 2016 - Seeking Alpha (NYSE:RIGP)
seekingalpha.com - December 8 at 12:24 AM
News IconThe Transocean Ltd. (RIG) Upgrade by Canaccord Genuity to Buy (NYSE:RIGP)
flapship.com - December 7 at 8:56 AM
us.rd.yahoo.com logoMerger Approved at Special Meeting of Unitholders (NYSE:RIGP)
us.rd.yahoo.com - December 6 at 7:11 PM
us.rd.yahoo.com logo10:45 am Transocean Partners unitholders approve merger with Transocean (RIG (NYSE:RIGP)
us.rd.yahoo.com - December 6 at 7:11 PM
biz.yahoo.com logoTRANSOCEAN PARTNERS LLC Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vot (NYSE:RIGP)
us.rd.yahoo.com - December 6 at 7:11 PM
fool.com logoTransocean LTD, Transocean Partners LLC, and Seadrill Ltd Stocks Up 30% in November: Here's What You Really Need to Know (NYSE:RIGP)
www.fool.com - December 6 at 4:16 PM
investornewswire.com logoBuy Calls Of Transocean Partners LLC (NYSE:RIGP) At 0 - Investor Newswire (NYSE:RIGP)
www.investornewswire.com - December 4 at 9:09 AM
News IconSizzling Stock Touches New Recent High: Transocean Partners LLC (NYSE:RIGP) (NYSE:RIGP)
flapship.com - December 2 at 7:08 PM
News IconStock Watch: Focusing in on Transocean Partners LLC (NYSE:RIGP) - The Business Journal (NYSE:RIGP)
belmontbusinessjournal.com - December 2 at 11:53 AM
News IconUpdate on Valuation Formula's For Transocean Partners LLC (NYSE:RIGP) - The Business Journal (NYSE:RIGP)
belmontbusinessjournal.com - December 1 at 7:26 PM
News IconTransocean Partners LLC (NYSE:RIGP) 52 Week High stands at ... - The Newburgh Press (NYSE:RIGP)
newburghpress.com - December 1 at 7:26 PM
capitalcube.com logoTransocean Partners LLC :RIGP-US: Earnings Analysis: Q3, 2016 By the Numbers : November 22, 2016 (NYSE:RIGP)
www.capitalcube.com - November 22 at 11:43 AM
publicnow.com logoTransocean Ltd. Increases Consideration for Acquisition of Transocean Partners LLC (NYSE:RIGP)
www.publicnow.com - November 21 at 7:40 PM
biz.yahoo.com logoTRANSOCEAN PARTNERS LLC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhi (NYSE:RIGP)
biz.yahoo.com - November 21 at 7:40 PM
4-traders.com logoTRANSOCEAN PARTNERS LLC (NASDAQ:RIGP) Files An 8-K Other Events (NYSE:RIGP)
www.4-traders.com - November 17 at 11:16 AM
marketexclusive.com logoTRANSOCEAN PARTNERS LLC (NYSE:RIGP) Files An 8-K Other Events (NYSE:RIGP)
marketexclusive.com - November 16 at 7:29 PM
finance.yahoo.com logoTransocean Partners LLC Announces Adjournment of Special Meeting until December 6, 2016 (NYSE:RIGP)
finance.yahoo.com - November 16 at 10:50 AM
thecountrycaller.com logoTransocean LTD, Transocean Partners LLC Merger In Trouble (NYSE:RIGP)
www.thecountrycaller.com - November 15 at 7:45 PM
publicnow.com logoTransocean Partners LLC Announces Adjournment of Special Meeting until November 16, 2016 (NYSE:RIGP)
www.publicnow.com - November 11 at 6:55 PM
feeds.reuters.com logoBRIEF-Transocean Partners says special meeting adjourned until Nov. 16 (NYSE:RIGP)
feeds.reuters.com - November 11 at 5:24 PM
biz.yahoo.com logoTRANSOCEAN PARTNERS LLC Files SEC form 8-K/A, Other Events, Financial Statements and Exhibits (NYSE:RIGP)
biz.yahoo.com - November 7 at 7:58 PM
finance.yahoo.com logoPisani: We're ending the earnings recession (NYSE:RIGP)
finance.yahoo.com - November 3 at 11:26 AM
fool.com logoTransocean's Cost Cutting Efforts Keep the Company's Earnings Afloat (NYSE:RIGP)
www.fool.com - November 3 at 11:26 AM
wsj.com logo[$$] Transocean Reports Sharply Lower Quarterly Profit, Revenue (NYSE:RIGP)
www.wsj.com - November 2 at 7:28 PM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bearish Manner : RIGP-US : November 1, 2016 (NYSE:RIGP)
www.capitalcube.com - November 1 at 11:41 AM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bearish Manner : RIGP-US : October 14, 2016 (NYSE:RIGP)
www.capitalcube.com - October 14 at 10:20 AM
publicnow.com logoTransocean Partners LLC Announces Special Meeting of Common Unitholders (NYSE:RIGP)
www.publicnow.com - October 4 at 6:37 PM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bullish Manner : RIGP-US : September 29, 2016 (NYSE:RIGP)
www.capitalcube.com - September 29 at 12:12 PM
wsj.com logo[$$] Carl Icahn Cuts Stake in Transocean (NYSE:RIGP)
www.wsj.com - September 28 at 6:48 PM
capitalcube.com logoTransocean Partners LLC – Value Analysis (NYSE:RIGP) : September 12, 2016 (NYSE:RIGP)
www.capitalcube.com - September 12 at 6:40 PM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bullish Manner : RIGP-US : September 9, 2016 (NYSE:RIGP)
www.capitalcube.com - September 9 at 11:49 AM
wsj.com logo[$$] Rearguard Action (NYSE:RIGP)
www.wsj.com - September 6 at 11:48 AM
finance.yahoo.com logoZacks.com featured highlights: Craft Brew Alliance, EZCORP, Service Corporation, Transocean Partners and Barnes & Noble (NYSE:RIGP)
finance.yahoo.com - August 30 at 10:21 AM
capitalcube.com logoETF’s with exposure to Transocean Partners LLC : August 22, 2016 (NYSE:RIGP)
www.capitalcube.com - August 22 at 7:02 PM
blogs.barrons.com logoTransocean: What Its Roll-Up Filing Says About the Future of Offshore Drilling (NYSE:RIGP)
blogs.barrons.com - August 19 at 6:59 PM
thestreet.com logoTransocean (RIG) Stock Down, Submits SEC Filing to Buy Master-Limited Partnership (NYSE:RIGP)
www.thestreet.com - August 19 at 6:59 PM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bullish Manner : RIGP-US : August 19, 2016 (NYSE:RIGP)
www.capitalcube.com - August 19 at 10:04 AM
capitalcube.com logoTransocean Partners LLC :RIGP-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:RIGP)
www.capitalcube.com - August 10 at 7:37 PM
capitalcube.com logoETF’s with exposure to Transocean Partners LLC : August 5, 2016 (NYSE:RIGP)
www.capitalcube.com - August 5 at 7:23 PM
nasdaq.com logoTransocean Partners LLC Reports Second Quarter 2016 Results (NYSE:RIGP)
www.nasdaq.com - August 4 at 10:20 AM
streetinsider.com logoTransocean Partners LLC (RIGP) Tops Q2 EPS by 1c (NYSE:RIGP)
www.streetinsider.com - August 4 at 10:20 AM
sg.finance.yahoo.com logoTransocean Partners posts 2Q profit (NYSE:RIGP)
sg.finance.yahoo.com - August 4 at 10:20 AM
capitalcube.com logoTransocean Partners LLC breached its 50 day moving average in a Bullish Manner : RIGP-US : August 4, 2016 (NYSE:RIGP)
www.capitalcube.com - August 4 at 10:20 AM
wsj.com logo[$$] Transocean's Profit Drops, but Results Top Expectations (NYSE:RIGP)
www.wsj.com - August 3 at 7:30 PM
biz.yahoo.com logoQ2 2016 Transocean Partners LLC Earnings Release - After Market Close (NYSE:RIGP)
biz.yahoo.com - August 3 at 10:25 AM
bizjournals.com logoTransocean to acquire remainder of its MLP (NYSE:RIGP)
www.bizjournals.com - August 2 at 7:29 PM

Social

What is Transocean Partners LLC's stock symbol?

Transocean Partners LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIGP."

How often does Transocean Partners LLC pay dividends? What is the dividend yield for Transocean Partners LLC?

Transocean Partners LLC announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Monday, November 14th will be paid a dividend of $0.3625 per share on Tuesday, November 22nd. This represents a $1.45 annualized dividend and a dividend yield of 8.13%. The ex-dividend date is Thursday, November 10th.

Where is Transocean Partners LLC's stock going? Where will Transocean Partners LLC's stock price be in 2017?

5 brokers have issued 1 year price objectives for Transocean Partners LLC's shares. Their predictions range from $7.50 to $18.00. On average, they expect Transocean Partners LLC's share price to reach $12.55 in the next year.

When will Transocean Partners LLC announce their earnings?

Transocean Partners LLC is scheduled to release their next quarterly earnings announcement on Wednesday, February, 22nd 2017.

How do I buy Transocean Partners LLC stock?

Shares of Transocean Partners LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Transocean Partners LLC stock cost?

One share of Transocean Partners LLC stock can currently be purchased for approximately $17.83.

Transocean Partners LLC (NYSE:RIGP) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Transocean Partners LLC (NYSE:RIGP)

Earnings History Chart

Earnings by Quarter for Transocean Partners LLC (NYSE:RIGP)

Dividend History Chart

Dividend Payments by Quarter for Transocean Partners LLC (NYSE:RIGP)

Last Updated on 2/19/2017 by MarketBeat.com Staff