By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. In many ways, the market's action of repricing the offshore . Transocean Ltd. Analyst Contact Alison Johnson Senior Manager, Investor Relations +1-713-232-7214 Media Contact Pam Easton Manager, Legal Projects and Communications +1-713-232-7647 Home News Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship Search: Csx Merger Rumors. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Registrant's telephone number, including area code: +41 (22) 930-9000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. Transocean Partners a growth-oriented limited liability company recently formed by Transocean, an offshore drilling contractors, to own, operate and acquire modern, technologically advanced offshore drilling rigs. In addition, Transocean Ltd. has a VGM Score of D (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Luigs and the midwater floater Songa Delta. Next to extensive balancing adjustments, which make the game's endless game even more challenging, the update offers you the possibility to configure many values in the endless game mode by yourself. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. View RIG analyst ratings or view top-rated stocks. Explaining the rationale for the transaction, Transocean in September said the deal would increase "Transocean's . It's also commonly referred to as a 'liquidity ratio'. In-depth profiles and analysis for 20,000 public companies. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Schlumberger Ltd. agreed to combine its offshore contract-drilling operations with Transocean Offshore Inc. in a $3.26 billion stock transaction that creates the world's largest offshore-energy . The monthly returns are then compounded to arrive at the annual return. It's calculated as earnings divided by price. Bhd., Songa Offshore Management Limited, Songa Offshore Pte. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. The merger pairs Sedco Forex's 44 offshore drilling rigs with Transocean Offshore's 31 rigs, for combined operations in the North Sea, the Gulf of Mexico, Southeast Asia, West Africa and Brazil. We use cookies to understand how you use our site and to improve your experience. Sandro Thoma Transocean Ltd. . A ratio of 1 means a company's assets are equal to its liabilities. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. 57 employees have rated Transocean Chief Executive Officer Jeremy D. Thigpen on Glassdoor.com. Projected EPS Growth looks at the estimated growth rate for one year. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. Identify stocks that meet your criteria using seven unique stock screeners. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Transocean started at buy with $7.50 stock price target at Benchmark Jan. 19, 2023 at 6:30 a.m. Insiders that own company stock include David A Tonnel, Edward R Muller, Frederik Wilhelm Mohn, Jack Sinclair, Keelan Adamson, Perestroika, Saint Victor Diane De, Vanessa C L Chang and W R Jr Stephens. Transocean Inc. 36C Dr. Roy's Drive, Bermuda. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. Ltd., Spitsbergen Rigco Limited, Sub-Saharan Drilling Inc., T. I. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. The transaction consideration is comprised of 1.6128 newly issued shares of Transocean plus $12.75 in cash for each share of Ocean Rigs common stock, for a total implied value of $32.28 per Ocean Rig share, based on the closing price on August 31, 2018. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The longer-term perspective helps smooth out short-term events. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. In the past three months, Transocean insiders have sold more of their company's stock than they have bought. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. Real time prices by BATS. Export data to Excel for your own analysis. Zscaler, Inc Plummets, Is It Time To Buy The Dip? Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. A higher number is better than a lower number. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. After the P/E ratio, it's one of the most common valuation metrics. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Credit Suisse Securities (USA) LLC is acting as financial advisor to Ocean Rig. Further, we are confident that we can realize meaningful synergies through our OEM agreements, our overall approach to maintenance and our fleet-wide insurance coverage, among other opportunities., Thigpen concluded, Including the five rigs under construction, and considering the two additional rigs that we have recently decided to recycle, Transoceans pro forma fleet will be comprised of 57 floaters, including many of the most technically capable ultra-deepwater floaters, and harsh environment semisubmersibles in the industry. Bhd., Transocean Drilling Services (India) Private Limited, Transocean Drilling U.K. Limited, Transocean Eastern Pte. Value Style - Learn more about the Value Style. Growth of $10,000.00. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Transocean-GlobalSantaFe Merger. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. de C.V., GlobalSantaFe Drilling Operations Inc., GlobalSantaFe Drilling Services (North Sea) Limited, GlobalSantaFe Drilling Trinidad LLC, GlobalSantaFe Drilling Venezuela C.A., GlobalSantaFe Financial Services (Luxembourg) S.a.r.l., GlobalSantaFe Group Financing Limited Liability Company, GlobalSantaFe Holding Company (North Sea) Limited, GlobalSantaFe Hungary Services Limited Liability Company, GlobalSantaFe International Drilling Corporation, GlobalSantaFe International Drilling Inc., GlobalSantaFe International Services Inc., GlobalSantaFe Nederland B.V., GlobalSantaFe Offshore Services Inc., GlobalSantaFe Operations (Mexico) LLC, GlobalSantaFe Saudi Arabia Ltd., GlobalSantaFe Services (BVI) Inc., GlobalSantaFe Services Netherlands B.V., GlobalSantaFe Servicios de Venezuela C.A., GlobalSantaFe South America LLC, GlobalSantaFe Tampico S. de R.L. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. But they all have their place in the Growth style. Transocean owns and operates a fleet of 48 mobile offshore drilling units that offer services for energy companies. An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. Increases Transocean's industry-leading contract backlog by $743 million for a combined total of $12.5 billion, at an average dayrate of $413,000; Expected annual cost synergies of approximately. Top institutional shareholders include Contrarius Investment Management Ltd (4.30%), Van ECK Associates Corp (3.48%), Morgan Stanley (2.54%), Dimensional Fund Advisors LP (2.32%), Two Sigma Investments LP (2.05%) and Two Sigma Advisers LP (1.91%). There are 17 Sectors, 60 different M Industries, and 265 X Industries. The company employs 5,530 workers across the globe. The consensus among Wall Street analysts is that investors should "buy" RIG shares. High institutional ownership can be a signal of strong market trust in this company. Announces $392 Million Contract Award for Ultra-Deepwater Drillship. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. All of those stocks are classified into three groups: Sector, M Industry and X Industry. 8. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. View which stocks are hot on social media with MarketBeat's trending stocks report. 12.29% of the stock of Transocean is held by insiders. Announces Fourth Quarter, Full Year 2022 Earnings Release Date, What Makes Transocean (RIG) a New Strong Buy Stock, Transocean Ltd. Shares of RIG stock can be purchased through any online brokerage account. International Mexico S. de R.L. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. NYSE:RIG Transocean - RIG News Today $6.85 +0.10 (+1.48%) (As of 02/27/2023 12:00 AM ET) Compare Today's Range $6.61 $7.00 50-Day Range $4.27 $7.61 52-Week Range $2.32 $7.69 Volume 15.43 million shs Average Volume 25.78 million shs Market Capitalization $4.97 billion P/E Ratio N/A During the same period in the previous year, the company posted ($0.19) EPS. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. The stock has recently been. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. 326 E 8th St #105, Sioux Falls, SD 57103 NYSE and AMEX data is at least 20 minutes delayed. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Washington, D.C. 20549. The Current Ratio is defined as current assets divided by current liabilities. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy stocks with the highest probability of success. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. This is a longer-term price change metric. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. The merger is not subject to any financing condition. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. The recent price decline of 9.5% in Transocean Ltd.'s (NYSE:RIG) stock may have disappointed insiders who bought US$54m worth of shares at an average price of US$4.19 in the past 12 months.. End date: 01/13 . Zacks Rank Education -- Learn more about the Zacks Rank -0.02 (-0.27%) Transocean Inc. (RIG) and GlobalSantaFe Corp. (GSF) said Monday they will merge in an all-stock deal. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. It also anticipates an adjusted contract drilling revenue of $635 million and an approximate 15% rise . Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. A P/B of 1 means it's selling at its per share book value. Seeing a stock's EPS change over 1 week is important. Currency in USD Follow 2W 10W 9M 6.85 +0.10 (+1.48%) At close: 04:00PM EST 6.89 +0.04 (+0.58%) After hours: 07:52PM EST Summary Company Insights. It's used by investors as a measure of financial health. Transocean trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIG.". There are currently 4 hold ratings and 4 buy ratings for the stock. And, of course, the 4 week change helps put the 1 week change into context. Growth traders and investors will tend to look for growth rates of 20% or higher. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. The two drillers in September entered into a definitive merger agreement under which Transocean was to acquire Ocean Rig in a cash and stock transaction valued at approximately $2.7 billion, inclusive of Ocean Rig's net debt, subject to, subject to the approval of both Transocean and Ocean Rig shareholders and the satisfaction of customary So the PEG ratio tells you what you're paying for each unit of earnings growth. Transocean (RIG) Announces $488 Million Addition to Backlog. It's then divided by the number of shares outstanding to determine how much cash is generated per share. 8 brokerages have issued 12 month target prices for Transocean's shares. Should I buy or sell Transocean stock right now? The company's press release can be found here. . Please log in to your account or sign up in order to add this asset to your watchlist. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Upon consummation, this transaction will be of significant benefit to the stakeholders of both companies.". Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. A high percentage of insider ownership can be a sign of company health. Transocean Ltd. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. What is Jeremy D. Thigpen's approval rating as Transocean's CEO? Above 1 means it assets are greater than its liabilities. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. NASDAQ data is at least 15 minutes delayed. Ltd., Transocean Employee Support Fund, Transocean Enabler Limited, Transocean Enabler Rigco Limited, Transocean Encourage Limited, Transocean Encourage Rigco Limited, Transocean Endurance Limited, Transocean Endurance Rigco Limited, Transocean Entities Holdings GmbH, Transocean Equinox Limited, Transocean Equinox Rigco Limited, Transocean Finance Limited, Transocean Financing (Cayman) Limited, Transocean Financing GmbH, Transocean Guardian Limited, Transocean Holdings 1 Limited, Transocean Holdings 2 Limited, Transocean Holdings 3 Limited, Transocean Holdings LLC, Transocean Hungary Holdings LLC, Transocean Hungary Investments LLC, Transocean Hungary Ventures LLC, Transocean Inc., Transocean Innovation Labs Ltd., Transocean International Holdings Limited, Transocean International Resources Limited, Transocean Investimentos Ltda., Transocean Investments Holdings LLC, Transocean Investments S.a.r.l., Transocean Ltd., Transocean Management Services GmbH, Transocean Minerals Holdings Limited, Transocean Nautilus Limited, Transocean North Sea Limited, Transocean Norway Operations AS, Transocean Offshore (North Sea) Ltd., Transocean Offshore Canada Services Ltd., Transocean Offshore Deepwater Drilling Inc., Transocean Offshore Deepwater Holdings Limited, Transocean Offshore Drilling Limited, Transocean Offshore Gulf of Guinea II Limited, Transocean Offshore Gulf of Guinea VI Limited, Transocean Offshore Gulf of Guinea VII Limited, Transocean Offshore Gulf of Guinea XII Limited, Transocean Offshore Gulf of Guinea XIII Limited, Transocean Offshore Holdings Limited, Transocean Offshore International Limited, Transocean Offshore International Ventures Limited, Transocean Offshore Limited, Transocean Offshore PR Limited, Transocean Offshore USA Inc., Transocean Onshore Support Services Limited, Transocean Orion Limited, Transocean Phoenix 2 Limited, Transocean Phoenix 2 Opco LLC, Transocean Pontus Limited, Transocean Pontus Opco Inc., Transocean Poseidon Limited, Transocean Poseidon Opco Inc., Transocean Proteus Limited, Transocean Proteus Opco LLC, Transocean Quantum Holdings Limited, Transocean Quantum Management Limited, Transocean Quantum Rig Holdings Limited, Transocean Quantum Sentry Holdings Limited, Transocean Rig 140 Limited, Transocean Rig Management Limited, Transocean SPSF Holdings Limited, Transocean Sedco Forex Ventures Limited, Transocean Sentry Limited, Transocean Services (India) Private Limited, Transocean Services AS, Transocean Services UK Limited, Transocean Skyros Limited, Transocean Spitsbergen ASA, Transocean Sub Asset Holdings 1 Limited, Transocean Sub Asset Holdings 2 Limited, Transocean Sub Asset Holdings 3 Limited, Transocean Support Services Limited, Transocean Support Services Nigeria Limited, Transocean Support Services Private Limited, Transocean Technical Services Egypt LLC, Transocean U.S. Holdings LLC, Transocean UK Limited, Transocean Voyager 1 Limited, Transocean Voyager 2 Limited, Transocean West Africa Holdings Limited, Transocean Worldwide Inc., Triton Asset Leasing GmbH, Triton Capital I GmbH, Triton Capital II GmbH, Triton Capital Mexico GmbH, Triton Conqueror GmbH, Triton Corcovado LLC, Triton Financing LLC, Triton Gemini GmbH, Triton Holdings Limited, Triton Hungary Asset Management LLC, Triton Hungary Investments 1 Limited Liability Company, Triton Industries Inc., Triton KG2 GmbH, Triton Management Services LLC, Triton Mykonos LLC, Triton Nautilus Asset Leasing GmbH, Triton Nautilus Asset Management LLC, Triton Offshore Leasing Services Limited, Triton Pacific Limited, Triton Poseidon GmbH, Triton Voyager Asset Leasing GmbH, and Wilrig Offshore (UK) Limited.
