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Transocean Ltd (RIGN)

Mexico
Symbol
Exchange
Currency
RIG·NYSE·USD
RIGN·Mexico·MXN
RIGG34·B3·BRL
Currency in MXN
48.53
0.00(0.00%)
Closed·

RIGN Comments

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If oil stays between $70-80 in 2nd half of 2025 estimated RIG average is $5.8 - $6.8 with 20% deviation -/+. Ignoring new off-shore demand.
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Last Call before boarding completed ;)
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Last lot’s cost is $2.15. Previous closing was around $6. Couldn’t find any stock better than RIG :) still super cheap.
Norway parliament recently orders restart to frontier oil and gas exploration licensing.
Norway is also drilling wells for carbon capture, a whole new market opportunity for offshore drilling along with offshore mining which would be an absolute boom for RIG.
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Penny stock
RIG $2.28 -2.36% at Close! (Earnings)
03.03.2025 Rig ??? $2,67 -9,49% ???
RIG $3.53 (Earnings)
RIG $3.96 -2.46% at Close!
Long $ 6,77
Scraping up some of this tax loss selling roadkill. Will put it on the back burner, see if it can revive.
triple bottom here
RIG $5.79 +1.94% at Close! (Earnings)
board of director Wilhelm, a 10% equity holder, reported a 1 mil share purchase at $4.89 on the 27th. What does he know? some big contracts are getting finalized that will lead to a positive EPS and dividend reinstatement in 2025.
Still lots of debt. Would rather they pay down debt than issue a dividend.
Wilhelm, insider, bought another 2 mil shares at $5.23 Friday August 2nd. that's 5 mil in total this year.
Stephen Reimer ... $4.27 ... We'd still like to see them pay down debt
Does anyone know what the hell is going on with this stock?
Printing 3-5 mil new shares to sell short daily. Over 100% of outstanding shares are already owned by insiders and institutions. Forecasts show 25% YOY revenue growth for the current quarter so this game can't continue forever.
I really thought they would make a comeback...I think I was wrong!
Comeback is a given. With overall general market recovery for deepwater offshore drillers, RIG is well placed to take a sizeable amount of the value that would be created. Anytime from now, I think this stock will start to stage upward momentum. Extremely undervalued based on liquidation analysis basis. Focusing on earnings now clearly misses the point.
RIG $5.33 -0.65%, OIH $288.23 +0.67% at Friday close!
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Cabin crew. Prepare for take off.
they have kept a lid on this for months now, completely ridiculous giving the backdrop and rising day rates. Short squeeze with 20% of outstanding sold short is coming when new contracts and earnings are announced.
$5.95🐝
f this noise
Ocean drilling is expensive. But so is oil, and this global warming fiasco has yet to sort itself out. CO2 was higher in Roman times, and they had plenty of food.
someone explain that spike
Just a touch of irrational exuberance.
lol
Patience, it will take time to ramp up.
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Oil price wars. RIG will be defintely the winner 🦾
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