RIG - Transocean Ltd.

NYSE - NYSE Delayed Price. Currency in USD
5.73
-0.24 (-4.02%)
At close: 4:02PM EST
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Previous Close5.97
Open5.90
Bid0.00 x 46000
Ask0.00 x 1000
Day's Range5.73 - 5.91
52 Week Range3.76 - 9.79
Volume13,649,742
Avg. Volume16,099,756
Market Cap3.506B
Beta (5Y Monthly)1.99
PE Ratio (TTM)N/A
EPS (TTM)-2.47
Earnings DateFeb 16, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateAug 19, 2015
1y Target Est8.47
  • Oil prices won't stay constant for long, says Dan Dicker
    Yahoo Finance Video

    Oil prices won't stay constant for long, says Dan Dicker

    Oil shares popped on Wednesday after President Donald Trump finalized the first stage of a trade deal with China. However, a new report from the International Energy Agency warns that oil production from PEC countries is still expected to outstrip supply. Dan Dicker, founder of The Energy Word, joins The Final Round to discuss what investors should expect from the oil industry in 2020.

  • Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale
    Zacks

    Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale

    Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

  • GlobeNewswire

    Transocean Ltd. Announces Fourth Quarter 2019 Earnings Release Date

    Transocean Ltd. (RIG) announced today that it will report earnings for the fourth quarter of 2019, on Monday, February 17, 2020. Individuals who wish to participate should dial +1 334-777-6978 and refer to conference code 5581050 approximately 10 minutes prior to the scheduled start time. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells.

  • Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More
    Zacks

    Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More

    Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.

  • US Oil Drillers Spend Conservatively: Rig Count Slides Again
    Zacks

    US Oil Drillers Spend Conservatively: Rig Count Slides Again

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on the drilling of new wells.

  • Transocean Adds $352.9M to Backlog Since Last Fleet Status
    Zacks

    Transocean Adds $352.9M to Backlog Since Last Fleet Status

    Transocean's (RIG) $91-million worth year-long drilling contract off the coast of Trinidad & Tobago for its semisubmersible Development Driller III is the key component to bolster its backlog.

  • Moody's

    Transocean Inc. -- Moody's assigns Caa1 rating to Transocean's proposed $750 million unsecured notes

    Moody's Investors Service, ("Moody's") assigned a Caa1 rating to Transocean Inc.'s (Transocean) proposed new $750 million senior priority guaranteed unsecured notes due 2027 (New PGNs). The New PGNs will be unsecured, but will be guaranteed by certain Transocean subsidiaries and its parent company Transocean Ltd. The New PGNs will be pari passu to the existing $2.25 billion PGNs which are rated Caa1.

  • GlobeNewswire

    Transocean Ltd. Announces Pricing of U.S. $750 Million of Senior Unsecured Notes due 2027

    Transocean Ltd. (RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has priced its previously-announced offering of U.S. $750 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed by Transocean Ltd. and certain of Transocean Inc.’s subsidiaries. Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes. The Notes and the guarantees (together, the “securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

  • GlobeNewswire

    Transocean Ltd. Announces $352.9 Million in New Rig Contracts, Options Exercised By Customers

    Transocean Ltd. (RIG) announced today that as the offshore drilling market continues to improve, the company is observing an increase in contract opportunities for its ultra-deepwater and harsh environment drilling services. “Customer demand for the highest specification ultra-deepwater floaters now equals or exceeds the number of marketable rigs currently available in many areas,” said Transocean President and Chief Executive Officer Jeremy Thigpen.

  • GlobeNewswire

    Transocean Ltd. Announces Offering of Notes

    Transocean Ltd. (RIG) announced today that Transocean Inc., its wholly-owned subsidiary (collectively with Transocean Ltd., “Transocean”), has commenced an offering of U.S.$750 million aggregate principal amount of senior unsecured notes due 2027 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be fully and unconditionally guaranteed by Transocean Ltd. and certain of Transocean Inc.’s subsidiaries. Transocean intends to use the net proceeds from this offering to refinance, repurchase and/or redeem certain of its existing indebtedness in one or more transactions, and/or for general corporate purposes. The Notes and the guarantees (together, the “securities”) have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and may not be offered or sold in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.

  • Oil Drillers Keep Removing Rigs From Permian & Cana Woodford
    Zacks

    Oil Drillers Keep Removing Rigs From Permian & Cana Woodford

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

  • Why oil could hit $80 even without a ‘full-blown’ U.S.-Iran war
    MarketWatch

    Why oil could hit $80 even without a ‘full-blown’ U.S.-Iran war

    Oil prices could “make a run at $80” a barrel even in the absence of a full-blown U.S.-Iran war, one analyst says. And that isn’t necessarily bad news for U.S. stocks, history shows.

  • Barrons.com

    Dow Set to Tumble After U.S. Airstrike Kills Top Iranian General

    U.S. stocks were set to open with heavy losses Friday after the U.S. launched an airstrike on a top Iranian general, sending the price of oil higher on worries over increased tensions.

  • Did Changing Sentiment Drive Transocean's (NYSE:RIG) Share Price Down A Worrying 61%?
    Simply Wall St.

    Did Changing Sentiment Drive Transocean's (NYSE:RIG) Share Price Down A Worrying 61%?

    Transocean Ltd. (NYSE:RIG) shareholders will doubtless be very grateful to see the share price up 54% in the last...

  • Drillers Remove Oil Rigs in Permian and Cana Woodford Basins
    Zacks

    Drillers Remove Oil Rigs in Permian and Cana Woodford Basins

    Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

  • Hedge Fund Darlings vs. Transocean Ltd (RIG) In 2019
    Insider Monkey

    Hedge Fund Darlings vs. Transocean Ltd (RIG) In 2019

    It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […]

  • Why Offshore Drilling Stocks Can Make a Comeback in 2020
    Zacks

    Why Offshore Drilling Stocks Can Make a Comeback in 2020

    It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.

  • Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play
    Zacks

    Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play

    Since February 2018, drillers in the United States have added the highest number of rigs in a week.

  • Oil Prices Head Higher Despite OPEC+ Skepticism
    Oilprice.com

    Oil Prices Head Higher Despite OPEC+ Skepticism

    While skepticism around the OPEC+ agreement does present a downside risk for oil prices, economic optimism and a weaker U.S. dollar continue to drive oil higher

  • Oil & Gas Stock Roundup: Chevron's 2020 Capex, Transocean's Contract Win & More
    Zacks

    Oil & Gas Stock Roundup: Chevron's 2020 Capex, Transocean's Contract Win & More

    Chevron (CVX) set its investment budget for 2020 at $20 billion. Meanwhile, Transocean (RIG) announced that it has been awarded a one-year contract worth $91 million.

  • Transocean's Driller III Contract Win to Add $91M to Backlog
    Zacks

    Transocean's Driller III Contract Win to Add $91M to Backlog

    The new deal, set to start in second-quarter 2020, will boost Transocean's (RIG) backlog and cash flow.

  • Drillers in US Plays Add Oil Rigs Despite Conservative Budget
    Zacks

    Drillers in US Plays Add Oil Rigs Despite Conservative Budget

    In Permian, drillers lower rigs in seven of eight weeks.

  • GlobeNewswire

    Transocean Ltd. Announces Contract Award for Development Driller III

    Transocean Ltd. (RIG) announced today that the semisubmersible Development Driller III has been awarded a one year contract off the coast of Trinidad and Tobago. Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

  • Oil & Gas Stock Roundup: Kinder Morgan's 2020 Plans, Chesapeake's Debt Financing & More
    Zacks

    Oil & Gas Stock Roundup: Kinder Morgan's 2020 Plans, Chesapeake's Debt Financing & More

    The U.S. crude benchmark marked the highest settlement since September after the OPEC+ group announced cutting output by as much as 500,000 barrels per day from Jan 1 for three months.

  • Oil Drillers Remove Rigs From Permian Basin & Cana Woodford
    Zacks

    Oil Drillers Remove Rigs From Permian Basin & Cana Woodford

    In the Permian Basin, oil drillers remove rigs for seven weeks in a row.