RIG - Transocean Ltd.

NYSE - NYSE Delayed Price. Currency in USD
12.70
+0.76 (+6.37%)
At close: 4:02PM EDT

12.75 +0.05 (0.39%)
After hours: 7:43PM EDT

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Previous Close11.94
Open12.58
Bid12.61 x 900
Ask0.00 x 900
Day's Range12.58 - 13.06
52 Week Range7.20 - 14.16
Volume19,338,919
Avg. Volume14,502,735
Market Cap5.864B
Beta1.61
PE Ratio (TTM)N/A
EPS (TTM)-8.51
Earnings DateJul 31, 2018 - Aug 6, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-08-21
1y Target Est12.78
Trade prices are not sourced from all markets
  • Transocean’s Revenues Increased in the First Quarter
    Market Realist8 hours 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 Realist10 hours 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
    Zacks3 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.

  • Analysts’ Revisions for Offshore Drillers in the Last Six Weeks
    Market Realist3 days ago

    Analysts’ Revisions for Offshore Drillers in the Last Six Weeks

    None of the analysts revised their recommendations or target prices for offshore drilling stocks in Week 24, which ended on June 15.

  • Texas and Alaska Witness a Fall in Onshore Drilling Rigs
    Zacks4 days ago

    Texas and Alaska Witness a Fall in Onshore Drilling Rigs

    The number of rigs exploring in the U.S. resources declines for the first time after a 10-week rise.

  • Transocean (RIG) to Retire 4 Rigs, Take Related $520M Charge
    Zacks5 days ago

    Transocean (RIG) to Retire 4 Rigs, Take Related $520M Charge

    Transocean (RIG) has been facing pressure in its top line owing to lower contract drilling revenues from the deepwater and ultra-deepwater floaters amid reduced dayrates and weak utilization.

  • Barrons.com8 days ago

    Transocean Shows Scrappiness by Retiring Old Rigs

    Shares of Transocean (RIG) are falling on Friday, after the oilfield-services firm said it will retire four of its older rigs, and take a $520 million related charge. Bernstein's Colin Davies reiterated a Market Weight rating on the shares today, and writes that Transcoean decided to scrap the rigs because they weren't competitive in today's market. "Older rigs built before this decades' massive new build cycle are squeezed out and eventual scrappage is inevitable." Of course, Transocean isn't the only company with aging rigs on its books.

  • Week 23: HSBC’s Downgrade and Target Price Revisions
    Market Realist9 days ago

    Week 23: HSBC’s Downgrade and Target Price Revisions

    In this part, we’ll see how analysts revised their target prices and recommendations for offshore drilling stocks in week 23—the week ending June 8.

  • How Oil Rigs Could Undo the Recovery in Oil Prices
    Market Realist10 days ago

    How Oil Rigs Could Undo the Recovery in Oil Prices

    In the week ended June 8, the oil rig count rose by one from the previous week to 862—the highest level in more than three years. The US oil rig count tends to follow US crude oil prices with a three- to six-month lag.

  • Where Will Seadrill Partners LLC Be in 1 Year?
    Motley Fool11 days ago

    Where Will Seadrill Partners LLC Be in 1 Year?

    It's not exactly clear, but there are three likely options.

  • Oil Drilling Rigs Continue to Rise in Permian Basin
    Zacks12 days ago

    Oil Drilling Rigs Continue to Rise in Permian Basin

    Total count rigs exploring for oil and gas in the United States increases for 13 times in the last 14 weeks.

  • ACCESSWIRE15 days ago

    Today's Research Reports on Trending Tickers: Transocean and Whiting Petroleum

    NEW YORK, NY / ACCESSWIRE / June 8, 2018 / U.S. markets were mixed Thursday as a selloff in technology shares weighed in major indexes. The Dow Jones Industrial Average increased 0.38 percent to close ...

  • GlobeNewswire15 days ago

    New Research: Key Drivers of Growth for BP p.l.c, Petroleo Brasileiro S.A.- Petrobras, Transocean, GlaxoSmithKline plc, Noble, and Grupo Televisa S.A. — Factors of Influence, Major Initiatives and Sustained Production

    NEW YORK, June 08, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of BP ...

  • 3 Top Energy Stocks to Buy in June
    Motley Fool17 days ago

    3 Top Energy Stocks to Buy in June

    Higher oil prices mean energy continues to look attractive. That's why these investors like Enterprise Products Partners, Enbridge, and Transocean right now.

  • Eagle Ford & Cana Woodford Continue to Witness More Oil Rigs
    Zacks18 days ago

    Eagle Ford & Cana Woodford Continue to Witness More Oil Rigs

    In the Cana Woodford, rigs exploring oil increase for four weeks in a row.

  • Transocean COO retires, replacement named
    American City Business Journals19 days ago

    Transocean COO retires, replacement named

    Switzerland-based Transocean Ltd. (NYSE: RIG), a provider of offshore oil and gas drilling services that has its main U.S. office in Houston, announced June 4 that its COO has retired. John Stobart retired from the roles of executive vice president, COO and chief performance officer. Keelan Adamson, the company’s senior vice president of operations, assumed Stobart’s duties on June 1.  Stobart assumed the roles when he joined Transocean in October 2012.

  • Bullish Transocean Ltd (NYSE:RIG) Insiders Ramp Up Investment In Stock
    Simply Wall St.19 days ago

    Bullish Transocean Ltd (NYSE:RIG) Insiders Ramp Up Investment In Stock

    Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. Transocean is one of Switzerland’s some insider buying over the past three months,Read More...

  • GlobeNewswire19 days ago

    Transocean Announces Retirement of John Stobart

    Transocean Ltd. (RIG) announced today that John Stobart, Executive Vice President, Chief Operating Officer and Chief Performance Officer, is retiring. Keelan Adamson, the company’s Senior Vice President – Operations, has assumed Mr. Stobart’s responsibilities, effective June 1, 2018. “It has been my sincere pleasure to work with John over these past three years,” said Jeremy Thigpen, President and Chief Executive Officer.

  • Transocean’s Second-Quarter and 2018 Capex Guidance
    Market Realist22 days ago

    Transocean’s Second-Quarter and 2018 Capex Guidance

    The operating cash flow represents the cash flow from a company’s core operations. In the first quarter, Transocean’s (RIG) cash flow from operations dropped to $103 million from $244 million in the previous quarter. Transocean’s capex stood at $53 million in the first quarter.

  • A Look at Seadrill Partners’ Backlog and New Contracts
    Market Realist22 days ago

    A Look at Seadrill Partners’ Backlog and New Contracts

    Seadrill Partners’ (SDLP) backlog was $1.3 billion on May 24. It fell from $1.5 billion in February. A company’s backlog helps investors to gauge what its revenue might be in the future.

  • Transocean Expects Its Q2 2018 Revenues to Rise 14%
    Market Realist22 days ago

    Transocean Expects Its Q2 2018 Revenues to Rise 14%

    Transocean (RIG) expects its second-quarter revenues to increase 14% from 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 acquired these floaters from Songa on January 30.

  • Transocean’s Stock Performance and Broad Equity Market Indexes
    Market Realist22 days ago

    Transocean’s Stock Performance and Broad Equity Market Indexes

    As of May 30, Transocean (RIG) stock had a good run in the last three months. The stock rose more than 37% during this period. Currently, Transocean is trading 11.2% lower than its 52-week high and 74.5% higher than its 52-week low. The Dow Jones Industrial Average (DIA) has fallen 1.4% in last three months as of May 30. The SPDR S&P 500 ETF (SPY) has risen 0.35% during the same period.

  • Diving into Seadrill Partners’ Q1 2018 Results
    Market Realist23 days ago

    Diving into Seadrill Partners’ Q1 2018 Results

    Seadrill Partners (SDLP) released its results for the first quarter of 2018 on May 25. Its stock hasn’t had a good run YTD (year-to-date), falling more than 11% during the period.

  • Wells Fargo Revised Target Price for Diamond Offshore and Ensco
    Market Realist23 days ago

    Wells Fargo Revised Target Price for Diamond Offshore and Ensco

    In week 21 (week ending May 25), Wells Fargo revised its target prices for some offshore drilling companies.

  • Ashland Increases Maleic Anhydride Prices
    Market Realist23 days ago

    Ashland Increases Maleic Anhydride Prices

    On May 24, Ashland (ASH) announced that it will increase maleic anhydride prices by $0.06 per pound. The price increase will be effective on June 7 or as the contract allows. The price increase will likely impact the North American region.