About Transocean Partners LLC (NYSE:RIGP)
Transocean 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:
- 50 Day Moving Avg: $17.83
- 200 Day Moving Avg: $14.44
- 52 Week Range: $8.18 - $17.91
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 13.93
- P/E Growth: 0.00
- Net Margins: 53.12%
- Return on Equity: 13.03%
- Return on Assets: 15.28%
- Current Ratio: 7.63%
- Quick Ratio: 6.90%
- Average Volume: 24,068 shs.
- Beta: 1.68
Frequently Asked Questions for Transocean Partners LLC (NYSE:RIGP)
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 declared a quarterly dividend on Thursday, November 3rd. Investors of record on Monday, November 14th will be given a dividend of $0.3625 per share on Tuesday, November 22nd. This represents a $1.45 annualized dividend and a yield of 8.13%. The ex-dividend date of this dividend is Thursday, November 10th. View Transocean Partners LLC's Dividend History.
How were Transocean Partners LLC's earnings last quarter?
Transocean Partners LLC (NYSE:RIGP) released its quarterly earnings data on Wednesday, August, 3rd. The company reported $0.52 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.51 by $0.01. The business earned $155 million during the quarter, compared to the consensus estimate of $145.20 million. Transocean Partners LLC had a net margin of 53.12% and a return on equity of 13.03%. The company's revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.51 EPS. View Transocean Partners LLC's Earnings History.
Where is Transocean Partners LLC's stock going? Where will Transocean Partners LLC's stock price be in 2017?
1 brokerages have issued 1-year target prices for Transocean Partners LLC's stock. Their forecasts range from $18.00 to $18.00. On average, they expect Transocean Partners LLC's share price to reach $18.00 in the next twelve months. View Analyst Ratings for Transocean Partners LLC.
Who are some of Transocean Partners LLC's key competitors?
Some companies that are related to Transocean Partners LLC include Helmerich & Payne (HP), Patterson-UTI Energy (PTEN), Transocean (RIG), Diamond Offshore Drilling (DO), Nabors Industries (NBR), Rowan Companies PLC (RDC), Ensco Plc (ESV), Mammooth Energy (TUSK), Atwood Oceanics (ATW), Precision Drilling Corporation (PDS), Pioneer Energy Services Corp. (PES), Seadrill Limited (SDRL), Seadrill Ltd (SDRL), Parker Drilling Company (PKD), Pacific Drilling SA (PACD) and Pioneer Energy Services Corp (PDC).
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.
What is Transocean Partners LLC's stock price today?
MarketBeat Community Rating for Transocean Partners LLC (NYSE RIGP)MarketBeat's community ratings are surveys of what our community members think about Transocean Partners LLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Transocean Partners LLC stock can currently be purchased for approximately $17.83.
Earnings History for Transocean Partners LLC (NYSE:RIGP)Earnings History by Quarter for Transocean Partners LLC (NYSE RIGP)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/3/2016||Q2||$0.51||$0.52||$145.20 million||$155.00 million||View||N/A|
|5/6/2016||Q1||$0.50||$0.45||$149.25 million||$144.00 million||View||N/A|
|2/24/2016||Q4||$0.45||$0.49||$146.95 million||$154.00 million||View||Listen|
|11/4/2015||Q3||$0.32||$0.19||$112.70 million||$125.00 million||View||N/A|
|8/6/2015||Q2||$0.38||$0.51||$141.44 million||$161.00 million||View||N/A|
|5/6/2015||Q115||$0.38||$0.41||$136.10 million||$140.00 million||View||N/A|
|2/25/2015||Q414||$0.59||$0.28||$137.20 million||$138.00 million||View||N/A|
|11/10/2014||Q1||$0.52||$0.24||$145.00 million||$136.00 million||View||N/A|
Earnings Estimates for Transocean Partners LLC (NYSE:RIGP)
Current Year EPS Consensus Estimate: $2.02 EPS
Next Year EPS Consensus Estimate: $1.28 EPS
Current Dividend Information for Transocean Partners LLC (NYSE:RIGP)
|Most Recent Dividend:||11/22/2016|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||70.05% (Trailing 12 Months of Earnings) |
71.78% (Based on This Year's Estimates)
113.28% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Transocean Partners LLC (NYSE RIGP)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Transocean Partners LLC (NYSE:RIGP)
Insider Ownership Percentage: 0.09%Insider Trades by Quarter for Transocean Partners LLC (NYSE:RIGP)
Institutional Ownership Percentage: 28.98%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/4/2016||Norman J Szydlowski||Director||Buy||1,500||$9.15||$13,725.00|| |
|9/4/2015||Michael David Lynch-Bell||Director||Buy||1,500||$11.10||$16,650.00|| |
|3/2/2015||Norman J Szydlowski||Director||Buy||1,500||$13.75||$20,625.00|| |
|12/12/2014||Garry Taylor||CFO||Buy||1,650||$15.06||$24,849.00|| |
|12/9/2014||John Kirby Plaxton||Director||Buy||1,000||$17.87||$17,870.00|| |
|8/5/2014||Kathleen S Mcallister||CEO||Buy||3,000||$25.28||$75,840.00|| |
Headline Trends for Transocean Partners LLC (NYSE:RIGP)
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Transocean Partners LLC (RIGP) Chart for Sunday, October, 22, 2017