Transocean Ltd (RIG)

4.180
-0.020(-0.48%)
After Hours
4.180
0.000(0.00%)
- Real-time Data
  • Volume:
    10,705,200
  • Day's Range:
    4.130 - 4.225
  • 52 wk Range:
    2.630 - 5.560

RIG Overview

Prev. Close
4.2
Day's Range
4.13-4.225
Revenue
2.49B
Open
4.2
52 wk Range
2.63-5.56
EPS
-1.02
Volume
10,705,200
Market Cap
2.85B
Dividend (Yield)
N/A
(N/A)
Average Vol. (3m)
23,718,816
P/E Ratio
-
Beta
3
1-Year Change
10.58%
Shares Outstanding
681,055,951
Next Earnings Date
Aug 01, 2022
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Transocean Ltd News

  • Transocean Misses Q1 EPS by 4c
    • ByInvesting.com-

    Transocean (NYSE:RIG) reported Q1 EPS of ($0.26), $0.04 worse than the analyst estimate of ($0.22). Revenue for the quarter came in at $615 million versus the consensus estimate of...

  • Transocean: Buy, Sell, or Hold?
    • ByStockNews-

    Transocean (NYSE:RIG) is highly leveraged to oil prices. However, the company has a high debt load and offshore drilling is expected to be the last segment to recover. Patrick Ryan...

Transocean Ltd Analysis

Transocean Ltd Company Profile

Transocean Ltd Company Profile

Sector
Energy
Employees
4820

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The Company's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.

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Technical Summary

Type
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Moving AveragesStrong SellSellBuyStrong BuyNeutral
Technical IndicatorsStrong SellStrong SellBuyStrong BuyNeutral
SummaryStrong SellStrong SellBuyStrong BuyNeutral
  • RIG ... Please cancel my order to buy @ $3.01 (4/22/22) Thank you.
    0
    • RIG $4.20 +1.45%, OIH $295.57 +3.01% @ Close!
      0
      • $10 Next Big Stop 🏁 #Hold
        1
        • RIG $3.97 -3.17% @ Close! OIH $266.87 -3.55%
          0
          • 3.58
            0
            • Great buying opportunity. Even if Nasdaq drops 15% from here, it won't ******the tight oil and rig market.
              1
              • The thing is, nobody is interested in drilling at the moment.
                3
              • There are not many available rigs, and "the west" will have to drill like crazy for the next 10 years to try and become indepenent from russian oil and gas. Just imagine how many dry wells they have to drill, before they find one average producing well. The prodblem for RIG is increasing costs and increasing interest rate. And right now, the knives are falling everywhere.
                0
              • So low odds of success and high cost to drill/explore. Having worked for a multinational, when prices were down that was the time to explore. Offshore exploration looks to be a long way off and with no dividend, there are better opportunites.
                0
            • Some thoughts... How will the world be able to supply enough oil and gas after banning russian oil...without huge increase in drilling? Russian oil output is down 690.000 barrels a day since 2020. Most of this fall is between March and April. It is further estimateded a fall from April - May. A EU ban taking effect 6 months from now will probably reduce russian output by as much as 20-50%. Even if we end up with iranian oil entering the global market, they won't be able to up their production to substitute the loss of russian oil and gas in a very long time.Oil and gas prices will stay high for a long time, and all producing oil companies are now piling up cash which they will use to increase drilling.- Anyone in their sound mind who think this won't increase day rates for rigs? ...or that higher demand won't increase backlog?The gearing effect is extreme in Transocean. If this stock starts moving due to closing more contracts with higher rates, the upside potential for the stock price is insane. 10x easily.
              0
              • Exactly right!!! It's cheap to get in now! We won't stop at the moon!
                0
            • 10$ Soon
              1
              • 100%
                2
              • Revenue is always excellent, EPS will always be less with one-time items, that's intentionally the case! It's going to explode soon!
                1
              • Depends on the one-time items and why they keep happening.
                0
            • RIG $3.76 -6.00% @ Friday Close! OIH $263.76 -3.43%
              0
              • ? ? ?
                0