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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

Oil Drillers Remove Rigs From Permian Basin & Eagle Ford

Domestic drillers may continue to lower rigs in oil patches since global energy demand has declined drastically owing to the coronavirus pandemic.

Zacks Equity Research

The Zacks Analyst Blog Highlights: Occidental, Diamondback, Marathon, Schlumberger and Transocean

The Zacks Analyst Blog Highlights: Occidental, Diamondback, Marathon, Schlumberger and Transocean

Zacks Equity Research

US Oil Rig Tally Declines the Most in 5 Years: Here's Why

The count of oil rigs in Permian declines for two consecutive weeks.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: More E&P Companies Cut Capital Spending

Even the 'Big Oil' companies don's seem to be immune to this price crash as evidenced by spending cuts by supermajors Royal Dutch Shell (RDS.A) and TOTAL S.A. (TOT).

Nilanjan Banerjee headshot

US Oil Rig Tally Declines the Most Since April: Here's Why

The count of oil rigs in the Permian registers a decline, following five consecutive weeks of increase.

Zacks Equity Research

Why Is Transocean (RIG) Down 69.6% Since Last Earnings Report?

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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Oil & Gas Stock Roundup: Capex & Dividend Cuts Continue in the Hard-Hit Sector

In order to cope with the downward spiral in oil prices, the likes of Occidental Petroleum (OXY) and Apache (APA) slashed their dividend payouts.

Zacks Equity Research

US Oil Drillers Continue to Add Rigs Despite Weak Crude Price

The count of oil rigs in the Permian increases for five consecutive weeks.

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 Drillers Add Rigs in Oil Plays Despite Conservative Budget

The count of oil rigs in the Permian increases for four consecutive weeks.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Williams, Concho & Pioneer Natural Report Q4 Earnings

Premier Permian producers Pioneer Natural Resources (PXD) and Concho Resources (CXO) not only beat Q4 expectations but also boosted their quarterly dividends.

Zacks Equity Research

Transocean (RIG) Q4 Loss Wider Than Expected, Sales Lag

Transocean's (RIG) Ultra-deepwater floaters are responsible for 63.4% of the company's total contract drilling revenues while Harsh Environment floaters and Midwater floaters make up the rest.

Zacks Equity Research

Is the Options Market Predicting a Spike 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

What's in the Cards for Transocean (RIG) in Q4 Earnings?

Transocean (RIG) predicts fourth-quarter adjusted contract drilling revenues to be nearly $825 million, hinting at an improvement from the year-ago reported figure of $748 million.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: ExxonMobil, Chevron & Shell Report Q4 Earnings

ExxonMobil (XOM), Shell (RDS.A) and Chevron (CVX) reported significant earnings decline compared to the same period a year earlier.

Zacks Equity Research

US Oil Drillers Add Rigs Despite Conservative Capital Budget

Domestic oil drillers may again remove rigs since explorers have decided to curb spending on the drilling of new wells for the second straight year in 2020.

Zacks Equity Research

Oil Drillers Add Rigs in Permian Basin and Eagle Ford Shale

Domestic drillers may again remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Apache's Oil Find, BP's Asset Sale & More

Apache (APA) shares rocket following a discovery offshore Suriname block 58. BP plc (BP) agrees to divest certain North Sea assets for $625 million.

Zacks Equity Research

US Oil Drillers Spend Conservatively: Rig Count Slides Again

Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on the drilling of new wells.

Zacks Equity Research

Transocean Adds $352.9M to Backlog Since Last Fleet Status

Transocean's (RIG) $91-million worth year-long drilling contract off the coast of Trinidad & Tobago for its semisubmersible Development Driller III is the key component to bolster its backlog.

Zacks Equity Research

Oil Drillers Keep Removing Rigs From Permian & Cana Woodford

Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

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Drillers Remove Oil Rigs in Permian and Cana Woodford Basins

Domestic drillers may continue to remove rigs since explorers have a conservative capital budget in place and have decided to curb spending on drilling new wells.

Nilanjan Choudhury headshot

Why Offshore Drilling Stocks Can Make a Comeback in 2020

It appears that the offshore drilling industry is finally set to rebound from one of the worst slumps that it has ever been through.

Zacks Equity Research

Drillers Add Oil Rigs in Permian & Eagle Ford Shale Play

Since February 2018, drillers in the United States have added the highest number of rigs in a week.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Chevron's 2020 Capex, Transocean's Contract Win & More

Chevron (CVX) set its investment budget for 2020 at $20 billion. Meanwhile, Transocean (RIG) announced that it has been awarded a one-year contract worth $91 million.