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Transocean (RIG)

(Delayed Data from NYSE)

$2.95 USD

2.95
23,245,229

-0.08 (-2.64%)

Updated Aug 7, 2025 04:00 PM ET

After-Market: $2.96 +0.01 (0.34%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.75%
2Buy17.82%
3Hold9.58%
4Sell5.28%
5Strong Sell2.61%
S&P50011.30%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

  • Value Score A
  • Growth Score A
  • Momentum Score A
  • VGM Score A

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. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth F Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

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.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 7% (229 out of 246)

Industry: Oil and Gas - Drilling

Zacks News

Zacks Equity Research

US Oil & Gas Rig Tally Flat Despite Hurricane Laura

Since economies are reopening, most analysts opine that the weekly rig count will again start to increase.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Occidental's Land Deal, TOTAL's FID & More

Occidental Petroleum (OXY) agreed to sell more than 5 million acres of land and mineral rights, while TOTAL (TOT) and its partners took the FID for the third phase of the Mero project in Brazil.

Zacks Equity Research

Do Options Traders Know Something About Transocean (RIG) Stock We Don't?

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

Zacks Equity Research

US Oil & Gas Plays Witness Uptick in Rig Tally After 23 Weeks

Since economies are reopening, most analysts opine that the weekly rig count will continue to increase.

Zacks Equity Research

US Oil & Gas Rig Tally Hits Record Lows for 15 Straight Weeks

If crude recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs.

Zacks Equity Research

Zacks Industry Outlook Highlights: PDS, RIG, NBR, HP and OAS

Zacks Industry Outlook Highlights: PDS, RIG, NBR, HP and OAS

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Oil & Gas Drilling Industry Outlook Not Appealing to Investors

Oil and gas drilling fundamentals remain extremely bearish with most of the companies entirely focused on survival.

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Oil & Gas Stock Roundup: Bunch of Q2 Earnings & Canadian Natural's Acquisition

Shale operators EOG Resources (EOG), Pioneer Natural Resources (PXD) and Diamondback Energy (FANG) reported Q2 earnings, while Canadian Natural Resources (CNQ) agreed to buy Painted Pony Energy.

Zacks Equity Research

Transocean's (RIG) Q2 Earnings Break Even, Revenues Rise Y/Y

Transocean's (RIG) Ultra-deepwater floaters contribute to 68.4% of its total contract drilling revenues in Q2 while Harsh Environment floaters and Midwater floaters add up the rest.

Zacks Equity Research

Transocean (RIG) Reports Break-Even Earnings for Q2

Transocean (RIG) delivered earnings and revenue surprises of 100.00% and 22.89%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Transocean (RIG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

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.

Zacks Equity Research

US Oil & Gas Rig Tally Hits Record Lows for 11 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

Zacks Equity Research

Crude Woes: Transocean to Make 110 Employees Redundant

Transocean (RIG) aims to trim 110 personnel from those working on Discoverer Inspiration, an ultra-deepwater drillship operating in international waters off the Gulf of Mexico.

Zacks Equity Research

US Oil & Gas Rig Tally Hits Record Lows for 10 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

Zacks Equity Research

Are Options Traders Betting on a Big Move in Transocean (RIG) Stock?

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

Zacks Equity Research

US Oil & Gas Rig Tally Hits All-Time Lows for 9 Straight Weeks

With oil prices recovering gradually, most analysts opine that the decline in weekly rig count will narrow down further.

Zacks Equity Research

U.S. Rig Count Declines for the Fourth Consecutive Month

With oil prices recovering gradually, most analysts opine that the decline in the tally of monthly rig will narrow down further.

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Oil & Gas Stock Roundup: Chesapeake's Bankruptcy, Eni's Renewable Push & More

The long struggling shale pioneer Chesapeake Energy (CHK) filed for Chapter 11 bankruptcy protection, while Italy's Eni SpA (E) acquired three wind farm projects.

Zacks Equity Research

US Oil & Gas Rig Tally Hits Record Lows for 8 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Schlumberger Cuts Cost, Continental's Output Plans & More

Schlumberger (SLB) announced initiatives to save roughly $1.5 billion in costs annually, while Continental Resources (CLR) said that it will gradually restore its output on improving fundamentals.

Zacks Equity Research

US Oil & Gas Rig Tally at Record Low for 7 Straight Weeks

If the crude price recovery sustains, since more people are getting back to work on easing lockdown measures, many explorers will consider adding rigs in oil plays.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's $17.5B Writedown, ConocoPhillips' Production Plans & More

BP plc (BP) will take a $17.5 billion write-down in its second-quarter results, while ConocoPhillips (COP) said that it will restore its oil production on improving fundamentals.

Zacks Equity Research

US Oil & Gas Rig Tally Hits Record Lows for 6 Straight Weeks

Explorers and producers may again start adding rigs in shale plays if oil sustains recovery.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: BP's Job Cuts, TOTAL's Wind Farm Deal & More

BP plc (BP) said it would cut 10,000 jobs in response to crashing oil prices, while TOTAL S.A. (TOT) agreed to purchase a 51% stake in the Seagreen 1 offshore wind farm project in Scottish waters.

Zacks Equity Research

Do Options Traders Know Something About Transocean (RIG) Stock We Don't?

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.