RIG - Transocean Ltd.

NYSE - NYSE Delayed Price. Currency in USD
13.47
-0.05 (-0.37%)
At close: 4:02PM EDT
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Previous Close13.52
Open13.56
Bid0.00 x 3000
Ask0.00 x 3000
Day's Range13.26 - 13.58
52 Week Range7.20 - 14.34
Volume13,191,523
Avg. Volume14,005,452
Market Cap6.219B
Beta1.50
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-08-21
1y Target EstN/A
Trade prices are not sourced from all markets
  • Thursday’s Vital Data: American Airlines, Micron and Transocean
    InvestorPlace4 days ago

    Thursday’s Vital Data: American Airlines, Micron and Transocean

    U.S. stock futures are rising once again, as Wall Street recovers from another salvo in the U.S./China trade war. Stocks plunged yesterday after President Donald Trump pushed for another $200 billion in fresh tariffs on Chinese imports. Today, Wall Street is more focused on inflation data.

  • Is Seadrill Partners LLC a Buy?
    Motley Fool5 days ago

    Is Seadrill Partners LLC a Buy?

    Its parent company just emerged from bankruptcy, which may not be a good thing for this offshore rig operator.

  • Transocean to Fund Rig Acquisition With $600M Note Offering
    Zacks5 days ago

    Transocean to Fund Rig Acquisition With $600M Note Offering

    Transocean (RIG) will likely get net proceeds of $586 million from senior secured notes offering.

  • Moody's6 days ago

    Transocean Pontus Limited -- Moody's assigns B1 rating to Transocean's new $600 million secured notes

    Moody's Investors Service, ("Moody's") assigned a B1 rating to Transocean Pontus Limited's (a wholly owned indirect subsidiary of Transocean, Inc.) proposed new $600 million secured notes due 2025 (Pontus Notes). The Pontus Notes issuance does not change Transocean Inc.'s (Transocean) existing ratings including the B3 Corporate Family Rating (CFR), Ba3 revolving credit facility rating, the ratings on the unsecured notes and the SGL-1 Speculative Grade Liquidity rating.

  • Barrons.com7 days ago

    Energy: Marathon Oil and Transocean Look Like Buys

    Analyst Biju Perincheril covers the exploration and production side of the sector, and he cut his rating on Oasis Petroleum to Neutral from Positive, with a $14 price target. The move is part of his pre-earnings look at the oilfield-services industry, as he anticipates that companies will  have "more positive commentary on both the offshore-drilling and capital-equipment sectors." As such, he boosted his rating on Transocean for more leverage to the offshore-drilling sector, which he believes is on the upswing after several years of declines.

  • Williston, Eagle Ford & Permian Witness Rise in Oil Rigs
    Zacks7 days ago

    Williston, Eagle Ford & Permian Witness Rise in Oil Rigs

    The tally for oil drilling rigs in the United States rises again after falling for two straight weeks.

  • InvestorPlace9 days ago

    Transocean Ltd. Looks Like a High-Risk, High-Reward Bet on Oil Prices

    For drilling stocks like Transocean Ltd (NYSE:RIG), the past few years have shown just how risky the sector can be. RIG stock has dropped 72% in the past five years — and 91% in the last ten. Peers Noble Corporation PLC (NYSE:NE), Ensco PLC (NYSE:ESV), and Diamond Offshore Drilling Inc (NYSE:DO) are also having a tough time.

  • What Could Decelerate Oil’s Bullish Momentum?
    Market Realist13 days ago

    What Could Decelerate Oil’s Bullish Momentum?

    US crude oil August futures have gained nearly 8.6% since June 25, which we discussed in the previous part of this series. US crude oil prices are near a 3.5-year high. In the week ending June 29, the oil rig count fell by four from the previous week to 858. However, active rigs were just five less than the highest level in more than three years despite the fall. The US oil rig count tends to follow US crude oil prices with a three to six-month lag.

  • Texas & North Dakota Witness Fall in Onshore Drilling Rigs
    Zacks13 days ago

    Texas & North Dakota Witness Fall in Onshore Drilling Rigs

    The total number of rigs exploring the United States decline for three consecutive weeks.

  • Seadrill Ltd Stock Down 42% Today: Don't Say You Weren't Warned (but There's Hope Going Forward)
    Motley Fool13 days ago

    Seadrill Ltd Stock Down 42% Today: Don't Say You Weren't Warned (but There's Hope Going Forward)

    The offshore driller announced it is emerging from Chapter 11, and the market is finally applying a more realistic valuation to its shares. Keep reading to find out what's happening.

  • Transocean’s Returns: Third among Offshore Drillers
    Market Realist13 days ago

    Transocean’s Returns: Third among Offshore Drillers

    Transocean (RIG) is the third-best-performing stock on a YTD (year-to-date) basis among its peers. Transocean is behind Seadrill (SDRL) and Noble (NE). Transocean stock has risen 24.5% YTD (year-to-date) as of June 27. Seadrill and Noble’s YTD returns are 50.7% and 35.8%, respectively.

  • Barrons.com13 days ago

    Energy: Noble's High-Quality Rigs Put It Ahead of the Pack

    Last week Transocean (RIG) said it would retire some old rigs, although the company's far from the only oilfield-services company with uncompetitive rigs.  At the time, Bernstein's Colin Davies wrote that rigs that came on line before the most recent massive build cycle were obviously outdated. Continuing on that theme today, he writes that by contrast the highest-quality rigs attract "materially higher utilization within a category." Most categories see the best rigs snagging 10% to 20% higher utilization rates, with the effect most pronounced in the jackup market, where the very best rigs are over 80% utilized, "getting to a point where rig rates will begin to inflect." That's in painful contrast to the lower-specification jackups, which are mired in mid-50% utilization and "largely immune to the improving jackup trend.

  • Eight Target Price Revisions for Transocean
    Market Realist17 days ago

    Eight Target Price Revisions for Transocean

    On June 21, Jefferies raised Transocean’s (RIG) target price to $15 and maintained a “buy” rating for the stock. On June 7, HSBC raised its target price for Transocean (RIG) to $15.20 from $11.80 and maintained a “buy” rating on the stock. On June 5, Bernstein raised its target price to $12 from $11.

  • US Gasoline Futures Rose despite Higher Gasoline Inventories
    Market Realist18 days ago

    US Gasoline Futures Rose despite Higher Gasoline Inventories

    On June 27, the EIA (U.S. Energy Information Administration) released its weekly gasoline inventory data. The EIA reported that US gasoline inventories increased by 1.2 MMbbls (million barrels) to 241.2 MMbbls on June 15–22. The inventories also increased by 224,000 barrels or 0.1% from a year ago.

  • Moody's18 days ago

    Transocean Guardian Limited -- Moody's rates Transocean's new secured notes B1 and downgrades CFR to B3; negative outlook

    Moody's Investors Service, ("Moody's") assigned a Ba3 rating to Transocean, Inc.'s (Transocean) new $1 billion senior secured revolving credit facility and a B1 rating to Transocean Guardian Limited's (a wholly owned indirect subsidiary of Transocean) proposed senior secured notes due 2024 (Guardian Notes). The proceeds from the notes issuance in combination with Transocean's cash will be used to refinance existing debt secured by Songa Offshore SE's (Songa) Songa Encourage and Songa Enabler.

  • Oil & Gas Stock Roundup: Shell, Baytex, Petrobras & OPEC
    Zacks19 days ago

    Oil & Gas Stock Roundup: Shell, Baytex, Petrobras & OPEC

    Shell (RDS.A) committed to the Fram gas field in the North Sea, Baytex Energy (BTE) agreed to buy Raging River Exploration and Petrobras (PBR) lost a wage dispute.

  • US Natural Gas Rigs Are near a Four-Month Low
    Market Realist20 days ago

    US Natural Gas Rigs Are near a Four-Month Low

    Baker Hughes, a GE Company (BHGE), released its US natural gas rigs report on June 22. Baker Hughes reported that US natural gas rigs fell by six to 188 on June 15–22—the lowest level since March 9. However, the rigs increased by five or ~2.7% year-over-year.

  • Jefferies Revises Ratings and Target Prices for Offshore Drillers
    Market Realist20 days ago

    Jefferies Revises Ratings and Target Prices for Offshore Drillers

    In Week 25, which ended on June 22, Jefferies downgraded one offshore driller and revised the target prices for others.

  • Why the Oil Rig Count Could Prevent Higher Oil Prices
    Market Realist20 days ago

    Why the Oil Rig Count Could Prevent Higher Oil Prices

    In the week ending June 22, the oil rig count fell by one from the previous week to 862. Active rigs were still near the highest level in more than three years despite the fall. The US oil rig count tends to follow US crude oil prices with a three to six-month lag.

  • Permian & Williston Basins Witness Decline in Oil Rig Count
    Zacks20 days ago

    Permian & Williston Basins Witness Decline in Oil Rig Count

    The total number of rigs exploring U.S. plays declines for two straight weeks.

  • Offshore Drillers: Analysts’ Second-Quarter Revenue Estimates
    Market Realist21 days ago

    Offshore Drillers: Analysts’ Second-Quarter Revenue Estimates

    We discussed analysts’ recommendations in the previous part of this series. Now, we’ll compare analysts’ estimates for five offshore drilling (XLE) companies’ revenues and EBITDA in the second quarter.

  • Which Offshore Drillers Had a Negative Free Cash Flow?
    Market Realist21 days ago

    Which Offshore Drillers Had a Negative Free Cash Flow?

    Previously in this series, we discussed offshore drilling (OIH) companies’ first-quarter EBITDA. In this part, we’ll discuss their free cash flow profiles. The “free cash flow” is the operating cash flows minus the capital expenditure.

  • Transocean’s Revenues Increased in the First Quarter
    Market Realist24 days ago

    Transocean’s Revenues Increased in the First Quarter

    In the first quarter, Transocean’s (RIG) drilling revenues were $664 million—5.5% higher than its revenues of $629 million in the previous quarter and 11.2% lower than its revenues of $748 million in the first quarter of 2017. Transocean was the only company among its peers that saw higher revenues from the fourth quarter. Transocean expects its second-quarter revenues to increase 14% from the first quarter.

  • Comparing Ensco’s Backlog with Transocean and Diamond Offshore
    Market Realist24 days ago

    Comparing Ensco’s Backlog with Transocean and Diamond Offshore

    Since the downturn started, offshore drilling companies have had a hard time securing contracts. Offshore drilling companies are utilizing their backlogs quicker than they’re replenishing them through new contracts. The decline in the company’s backlog was due to realized revenues during the first quarter, which were partially offset by contract extensions and new contract awards.

  • Oil & Gas Stock Roundup: ExxonMobil, Chevron, Transocean & More
    Zacks26 days ago

    Oil & Gas Stock Roundup: ExxonMobil, Chevron, Transocean & More

    ExxonMobil (XOM) is set to collaborate on a pipeline to ease the Permian glut, Chevron (CVX) starts production at second Wheatstone LNG train and Transocean (RIG) will retire four rigs.