NYSE:RIG - Transocean Stock Price, News, & Analysis

$5.58
+0.16 (+2.95 %)
(As of 06/17/2019 04:00 PM ET)
Today's Range
$5.32
Now: $5.58
$5.6699
50-Day Range
$5.42
MA: $6.86
$8.80
52-Week Range
$5.28
Now: $5.58
$14.47
Volume21.02 million shs
Average Volume14.22 million shs
Market Capitalization$3.41 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.83
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$0.9474 per share
Book Value$21.51 per share

Profitability

Net Income$-1,996,000,000.00

Miscellaneous

Employees6,700
Market Cap$3.41 billion
Next Earnings Date7/29/2019 (Estimated)
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) announced its quarterly earnings data on Monday, April, 29th. The offshore drilling services provider reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.29) by $0.01. The offshore drilling services provider had revenue of $754 million for the quarter, compared to analyst estimates of $745.43 million. Transocean had a negative return on equity of 2.70% and a negative net margin of 62.97%. The business's quarterly revenue was up 13.6% compared to the same quarter last year. During the same period last year, the business earned ($0.48) 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 29th 2019. View Earnings Estimates for Transocean.

What price target have analysts set for RIG?

19 equities research analysts have issued twelve-month target prices for Transocean's stock. Their predictions range from $6.50 to $18.00. On average, they anticipate Transocean's stock price to reach $12.6071 in the next year. This suggests a possible upside of 125.9% from the stock's current price. View Analyst Price Targets for Transocean.

What is the consensus analysts' recommendation for Transocean?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 3 sell ratings, 6 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Transocean.

Has Transocean been receiving favorable news coverage?

Media headlines about RIG stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Transocean earned a news sentiment score of 1.4 on InfoTrie's scale. They also assigned press coverage about the offshore drilling services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the next few days. View News Stories for Transocean.

Are investors shorting Transocean?

Transocean saw a decrease in short interest in the month of April. As of April 30th, there was short interest totalling 50,297,138 shares, a decrease of 5.8% from the April 15th total of 53,376,373 shares. Based on an average daily volume of 15,433,679 shares, the days-to-cover ratio is presently 3.3 days. Approximately 8.8% of the company's shares are sold short. 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 variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.71%), Primecap Management Co. CA (5.55%), FMR LLC (1.56%), Somerset Capital Management LLP (0.73%), Manning & Napier Group LLC (0.70%) and Schneider Capital Management Corp (0.65%). Company insiders that own Transocean stock include David A Tonnel, Frederik Wilhelm Mohn, Howard E Davis, Vanessa C L Chang and Vincent J Intrieri. 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 FMR LLC, Frontier Capital Management Co. LLC, Manning & Napier Group LLC, CWM LLC, California Public Employees Retirement System, Somerset Capital Management LLP, Wedge Capital Management L L P NC and Bank of Montreal Can. 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 institutional investors are buying Transocean stock?

RIG stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Elephas Investment Management Ltd, Parametric Portfolio Associates LLC, Marshall Wace LLP, Syquant Capital Sas, Mizuho Securities USA LLC, Penn Capital Management Co. Inc. and Primecap Management Co. CA. Company insiders that have bought Transocean stock in the last two years include 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, Scottrade, Fidelity and Charles Schwab.

What is Transocean's stock price today?

One share of RIG stock can currently be purchased for approximately $5.58.

How big of a company is Transocean?

Transocean has a market capitalization of $3.41 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:  1.9 out of 5 (star)
Outperform Votes:  813 (Vote Outperform)
Underperform Votes:  1,383 (Vote Underperform)
Total Votes:  2,196
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 6/17/2019 by MarketBeat.com Staff

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