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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

Nilanjan Banerjee headshot

Are Drillers Showing More Interest in Deepwater Than Shale?

Oil drillers will likely focus on the more economical deepwater wells than those in shale plays.

    Zacks Equity Research

    Permian Adds 6 Oil Drilling Rigs Despite Bottleneck Concern

    The number of rigs exploring plays in the United States increases in four of the last seven weeks.

      Nilanjan Choudhury headshot

      Oil & Gas Stock Roundup: Exxon, Chevron, Shell Earnings Miss Despite Oil Rally

      Chevron (CVX) and Royal Dutch Shell (RDS.A) announced stock buyback programs, while ExxonMobil (XOM) divulged no such plans.

        Zacks Equity Research

        Stock Market News For Jul 31, 2018

        Markets ended in the red for the third consecutive session on Monday.

          Zacks Equity Research

          Transocean (RIG) Posts Narrower-Than-Expected Loss in Q2

          Transocean (RIG) reports narrower-than-expected loss in the second quarter of 2018 on the back of higher-than-anticipated revenues from the Ultra-Deepwater floaters.

            Zacks Equity Research

            Transocean (RIG) Reports Q2 Loss, Tops Revenue Estimates

            Transocean (RIG) delivered earnings and revenue surprises of 76.47% and 4.75%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

              Nilanjan Choudhury headshot

              Why an Earnings Beat Is Likely for Transocean (RIG) in Q2

              Transocean (RIG) has gone past the Zacks Consensus Estimate thrice in the last four reports.

                Nilanjan Choudhury headshot

                Oil & Gas Stock Roundup: Schlumberger, Halliburton & Baker Hughes' Q2

                A strong North American drilling market was not enough for Halliburton (HAL) and Baker Hughes (BHGE) to beat bottom line estimates, while Schlumberger (SLB) just beat on earnings.

                  Zacks Equity Research

                  National Oilwell (NOV) to Post Q2 Earnings: A Beat in Store?

                  Robust performance across all its segments is expected to drive National Oilwell's (NOV) second-quarter 2018 earnings.

                    Zacks Equity Research

                    Key Factors to Impact Helmerich & Payne's (HP) Q3 Earnings

                    Tepid margins from Helmerich & Payne's Offshore and International Land drilling segments are likely to counter solid results from its U.S. Land unit in the second quarter of 2018.

                      Zacks Equity Research

                      Transocean (RIG) Wins New Contracts for 2 Semi-Submersibles

                      Transocean (RIG) expects to add a total of $233 million to its backlog from the two new contracts.

                        Zacks Equity Research

                        Tidewater to Buy GulfMark, Form Combined Entity Worth $1.25B

                        The combination of Tidewater (TDW) and GulfMark will create a leader in the offshore support vessel (OSV) sector with the largest fleet of 102 Tier 1 vessels.

                          Zacks Equity Research

                          Colorado, Louisiana & Texas Witness Rise in Onshore Rigs

                          The number of rigs exploring in the U.S. resources increases for two consecutive weeks.

                            Zacks Equity Research

                            Transocean to Fund Rig Acquisition With $600M Note Offering

                            Transocean (RIG) will likely get net proceeds of $586 million from senior secured notes offering.

                              Zacks Equity Research

                              Williston, Eagle Ford & Permian Witness Rise in Oil Rigs

                              The tally for oil drilling rigs in the United States rises again after falling for two straight weeks.

                                Nilanjan Choudhury headshot

                                Oil & Gas Stock Roundup: BP, Baker Hughes, EQT & More

                                BP plc (BP) will buy an electric vehicle firm. Meanwhile, Baker Hughes, a GE Company (BHGE) is set to become a stand-alone entity, while EQT Corporation (EQT) will sell some non-core properties.

                                  Zacks Equity Research

                                  Texas & North Dakota Witness Fall in Onshore Drilling Rigs

                                  The total number of rigs exploring the United States decline for three consecutive weeks.

                                    Nilanjan Choudhury headshot

                                    Oil & Gas Stock Roundup: Shell, Baytex, Petrobras & OPEC

                                    Shell (RDS.A) committed to the Fram gas field in the North Sea, Baytex Energy (BTE) agreed to buy Raging River Exploration and Petrobras (PBR) lost a wage dispute.

                                      Zacks Equity Research

                                      Permian & Williston Basins Witness Decline in Oil Rig Count

                                      The total number of rigs exploring U.S. plays declines for two straight weeks.

                                        Nilanjan Choudhury headshot

                                        Oil & Gas Stock Roundup: ExxonMobil, Chevron, Transocean & More

                                        ExxonMobil (XOM) is set to collaborate on a pipeline to ease the Permian glut, Chevron (CVX) starts production at second Wheatstone LNG train and Transocean (RIG) will retire four rigs.

                                          Zacks Equity Research

                                          Texas and Alaska Witness a Fall in Onshore Drilling Rigs

                                          The number of rigs exploring in the U.S. resources declines for the first time after a 10-week rise.

                                            Zacks Equity Research

                                            Transocean (RIG) to Retire 4 Rigs, Take Related $520M Charge

                                            Transocean (RIG) has been facing pressure in its top line owing to lower contract drilling revenues from the deepwater and ultra-deepwater floaters amid reduced dayrates and weak utilization.

                                              Zacks Equity Research

                                              Oil Drilling Rigs Continue to Rise in Permian Basin

                                              Total count rigs exploring for oil and gas in the United States increases for 13 times in the last 14 weeks.

                                                Zacks Equity Research

                                                Eagle Ford & Cana Woodford Continue to Witness More Oil Rigs

                                                In the Cana Woodford, rigs exploring oil increase for four weeks in a row.

                                                  Zacks Equity Research

                                                  Why Is Transocean (RIG) Down 1.8% Since its 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.