RIG - Transocean Ltd.

NYSE - NYSE Delayed Price. Currency in USD
8.97
-0.78 (-8.00%)
At close: 4:02PM EST

9.15 +0.17 (1.89%)
Pre-Market: 6:13AM EST

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Previous Close9.75
Open9.46
Bid9.13 x 800
Ask9.21 x 40000
Day's Range8.88 - 9.49
52 Week Range8.70 - 14.47
Volume22,055,844
Avg. Volume15,350,812
Market Cap4.143B
Beta (3Y Monthly)1.83
PE Ratio (TTM)N/A
EPS (TTM)-4.26
Earnings DateFeb 18, 2019 - Feb 22, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2015-08-21
1y Target Est14.54
Trade prices are not sourced from all markets
  • Oil Rig Fear Might Be Looming over Oil Prices
    Market Realist19 hours ago

    Oil Rig Fear Might Be Looming over Oil Prices

    Last week, the oil rig count rose by two to 888, the highest level since March 6, 2015. The rig count tends to follow US crude oil prices with a three-month to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and November 19, 2018, US crude oil active futures rose 116.6%.

  • Should You Worry About Transocean Ltd’s (NYSE:RIG) CEO Salary Level?
    Simply Wall St.6 days ago

    Should You Worry About Transocean Ltd’s (NYSE:RIG) CEO Salary Level?

    In 2015 Jeremy Thigpen was appointed CEO of Transocean Ltd (NYSE:RIG). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. Read More...

  • Oil Rig Count Reaches a New Multiyear High
    Market Realist8 days ago

    Oil Rig Count Reaches a New Multiyear High

    Last week, the oil rig count rose by 12 to 886—the highest level since March 2015. The rig count tends to follow US crude oil prices with a three to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and November 12, 2018, US crude oil active futures rose 128.7%.

  • Permian Basin Witnesses Addition of 5 Oil Drilling Rigs
    Zacks9 days ago

    Permian Basin Witnesses Addition of 5 Oil Drilling Rigs

    The number of rigs exploring the United States increases in six of the last 10 weeks.

  • The Simple Reason These 4 Niche Energy Stocks Dropped Over 15% in October
    Motley Fool10 days ago

    The Simple Reason These 4 Niche Energy Stocks Dropped Over 15% in October

    It was a rough month out of a rough few years for this corner of the oil and gas industry.

  • 3 Top Energy Stocks to Buy Right Now
    Motley Fool12 days ago

    3 Top Energy Stocks to Buy Right Now

    Three beaten-down energy stocks worth buying before the market comes back.

  • Higher Oil Rig Count: More Trouble for Oil Prices?
    Market Realist15 days ago

    Higher Oil Rig Count: More Trouble for Oil Prices?

    Last week, the oil rig count fell by one to 874. The rig count was still close to the highest level in 3.5 years. The rig count tends to follow US crude oil prices with a three to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and November 5, 2018, US crude oil active futures rose 140.7%.

  • GuruFocus.com20 days ago

    Third Avenue Management Comments on Ocean Rig UDW

    In September Ocean Rig UDW (NASDAQ:ORIG), one of our two offshore drilling rig company investments, agreed to be acquired by larger industry peer Transocean Ltd at an approximate 30% premium to Ocean Rig's pre-announcement trading price. Although we believe the price paid was ultimately on the cheaper side, much of the price paid is in the form of Transocean common stock, which could provide additional upside should one want to continue to hold shares of Transocean. Ocean Rig is one of two oil service companies we purchased following their reemergence as publicly traded equities following their respective bankruptcy processes.

  • Transocean (RIG) Q3 Earnings and Revenues Beat, Shares Up
    Zacks21 days ago

    Transocean (RIG) Q3 Earnings and Revenues Beat, Shares Up

    Transocean (RIG) comes up with adjusted net profit in the third quarter of 2018, courtesy of higher revenues and fleet utilization rates.

  • Thomson Reuters StreetEvents22 days ago

    Edited Transcript of RIG earnings conference call or presentation 30-Oct-18 1:00pm GMT

    Q3 2018 Transocean Ltd Earnings Call

  • Transocean Ltd (RIG) Q3 2018 Earnings Conference Call Transcript
    Motley Fool22 days ago

    Transocean Ltd (RIG) Q3 2018 Earnings Conference Call Transcript

    RIG earnings call for the period ending September 30, 2018.

  • Transocean (Sort of) Turns a Profit. Is It Time to Buy This Incredibly Cheap Stock?
    Motley Fool22 days ago

    Transocean (Sort of) Turns a Profit. Is It Time to Buy This Incredibly Cheap Stock?

    You have to make a lot of adjustments for one-time expenses, but the parts of the business generating revenue reported a profit this past quarter.

  • Rising Oil Rig Count Might Be a Problem for Oil
    Market Realist22 days ago

    Rising Oil Rig Count Might Be a Problem for Oil

    Last week, the oil rig count rose by 2 to 875, which is the highest it’s been in about 3.5 years. The count tends to follow US crude oil prices with a three-month to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11, 2016, and October 29, 2018, US crude oil active futures rose 155.8%.

  • Barrons.com22 days ago

    Transocean’s Big Earnings Day Brings It Back to Flat

    Where we were: Transocean has lagged the market this year, as have many of its oil-field services peers. Transocean is trading higher after it reported an upbeat third quarter. Transocean said it earned 6 cents a share, on revenue of $816 million, while analysts were looking for the company to lose a dime a share on revenue of $779.19 million.

  • DryShips, Transocean, Clementia, and More: Here’s Why These Stocks Are in the Spotlight
    Insider Monkey23 days ago

    DryShips, Transocean, Clementia, and More: Here’s Why These Stocks Are in the Spotlight

    Seeing as how we’re in the middle of earnings season, several stocks are in the spotlight due to earnings as well as other meaningful news. Among the stocks trending after hours include DryShips Inc. (NASDAQ:DRYS), Transocean Ltd (Switzerland) (NYSE:RIG), Clementia Pharmaceuticals Inc. (NASDAQ:CMTA), EnerSys (NYSE:ENS), and Akamai Technologies Inc. (NASDAQ:AKAM). Let’s dive in more in depth. For those of you […]

  • InvestorPlace23 days ago

    Transocean Stock Is Gaining After Hours on Q3 Earnings Beat

    Transocean stock (NYSE:RIG) is surging more than 1% late in the day Monday as the company unveiled its latest quarterly earnings results, which were stronger than what analysts were calling for on both the earnings and revenue fronts. Transocean added that its earnings came in at 6 cents per share when adjusted for asset impairment costs and costs related to mergers and acquisitions. Analysts were expecting for the company to bring in adjusted earnings of 9 cents per share, according to data compiled by eight analysts who were surveyed by Zacks Investment Research.

  • Associated Press23 days ago

    Transocean: 3Q Earnings Snapshot

    The Steinhausen, Switzerland-based company said it had a loss of 88 cents per share. Earnings, adjusted for asset impairment costs and costs related to mergers and acquisitions, were 6 cents per share. ...

  • GlobeNewswire23 days ago

    Transocean Ltd. Reports Third Quarter 2018 Results

    Total contract drilling revenues were $816 million, compared with $790 million in the second quarter of 2018;Revenue efficiency(1) was 95.2%, compared with 97.4% in the prior.

  • Will Rig Utilization Drive Transocean's (RIG) Q3 Earnings?
    Zacks28 days ago

    Will Rig Utilization Drive Transocean's (RIG) Q3 Earnings?

    In Q3, Transocean (RIG) is expected to gain from higher rig utilization. Yet, lower ultra-deepwater floater revenues and escalating costs remain concerns.

  • Oil Rig Count Hits 3.5-Year High: How Will It Impact Oil Prices?
    Market Realist29 days ago

    Oil Rig Count Hits 3.5-Year High: How Will It Impact Oil Prices?

    Last week, the oil rig count rose by four to 873, which is the highest it’s been in over 3.5 years. The US oil rig count tends to follow US crude oil prices with a three-month to six-month lag. In February 2016, US crude oil prices fell to the lowest closing level in 12 years. Between February 11 and October 22, 2018, US crude oil active futures rose 163.9%.

  • Moody'slast month

    Transocean Inc. -- Moody's assigns B3 rating to Transocean's proposed $750 million unsecured notes

    Moody's Investors Service, ("Moody's") assigned a B3 rating to Transocean Inc.'s (Transocean) proposed new $750 million priority guaranteed senior unsecured notes due 2025 (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 PGNs of $1.25 billion due in 2023 and $750 million due in 2026, both of which are rated B3.

  • GlobeNewswirelast month

    Transocean Ltd. Announces Pricing of U.S. $750 Million of Senior Unsecured Notes Due 2025

    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 2025 (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 pay a portion of the cash consideration for the merger (the “Ocean Rig Merger”) with Ocean Rig UDW Inc. (“Ocean Rig”) and for related fees and expenses, or for general corporate purposes.

  • Transocean (RIG) Q3 Earnings Preview: What to Look Out For
    Zackslast month

    Transocean (RIG) Q3 Earnings Preview: What to Look Out For

    Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswirelast month

    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 2025 (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. 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.

  • GlobeNewswirelast month

    Transocean Ltd. Provides Quarterly Fleet Status Report

    Transocean Ltd. (RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company’s fleet of offshore drilling rigs. Since the prior quarter’s Fleet Status Report, the company has added approximately $465 million in contract backlog. Among the contract additions, the ultra-deepwater semisubmersible Petrobras 10000 was awarded a 790-day contract extension offshore Brazil with Petrobras.