Bhd., Transocean Drilling Services (India) Private Limited, Transocean Drilling U.K. Limited, Transocean Eastern Pte. So be sure to compare it to its group when comparing stocks in different industries. The (F1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 4 weeks. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). Washington, D.C. 20549. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. RIG News Today | Why did Transocean stock go up today? But they all have their place in the Growth style. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. mesurer votre utilisation de nos sites et applications. Transocean does not currently pay a dividend. If you wish to go to ZacksTrade, click OK. Transocean Ltd. Announces Agreement to Acquire Ocean Rig Baker Botts Represents Transocean in Nauticus Robotics' SPAC Merger and Citi is acting as exclusive financial advisor to Transocean, and King & Spalding LLP is acting as legal advisor to Transocean with respect to U.S. law. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. The Fly team scours all sources of company news, from mainstream to cutting edge,then filters out the noise to deliver shortform stories consisting of only market moving content. Accordingly, the company's. . Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. After the P/E ratio, it's one of the most common valuation metrics. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now? It measures a company's ability to pay short-term obligations. Search: Csx Merger Rumors. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. These contracts, worth a combined $1.24 billion, span multiple years. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. International Mexico S. de R.L. There are 17 Sectors, 60 different M Industries, and 265 X Industries. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. How were Transocean's earnings last quarter? Bhd., Santa Fe Braun Inc., Santa Fe Construction Company, Santa Fe Drilling Company of Venezuela C.A., Saudi Drilling Company Limited, Sedco Forex International Inc., Services Petroliers Transocean, Servicios Petroleros Santa Fe S.A., Ship Investment Ocean Holdings Inc., Songa Offshore Delta Limited, Songa Offshore Drilling Limited, Songa Offshore Enabler Limited, Songa Offshore Encourage Limited, Songa Offshore Endurance Limited, Songa Offshore Equinox Limited, Songa Offshore Equipment Rental Limited, Songa Offshore Malaysia Sdn. [email protected] How to Decide, Taiwan Semiconductor Manufacturing Expanding in the West, One Way to Earn More From Dividend Stocks, How to Choose a Winning Dividend Investing Strategy, 3 Industries Leading the Stock Market Rebound, Oil Tankers Boost Dividends, See Continued Robust Business In '23. Transocean Stock Split History There are currently 4 hold ratings and 4 buy ratings for the stock. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. (844) 978-6257. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. How good is it? It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. Home; Topics. Transocean - RIG Stock Forecast, Price & News - MarketBeat While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. On 11/27/07, Transocean Inc. [RIG] completed the reclassification of its stock and the merger transaction with GlobalSantaFe Corporation [GSF]. 8 equities research analysts have issued 1 year target prices for Transocean's shares. Transocean: April 2021 Fleet Status Analysis - SeekingAlpha the Securities Exchange Act of 1934. To learn more, click here. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. The 20 day average establishes this baseline. Currency in USD Follow 2W 10W 9M 6.85 +0.10 (+1.48%) At close: 04:00PM EST 6.89 +0.04 (+0.58%) After hours: 07:52PM EST Summary Company Insights. The proposed acquisition of Ocean Rig provides us with a unique opportunity to continue enhancing our fleet of ultra-deepwater and harsh environment floaters, without compromising our liquidity or overall balance sheet flexibility, said Transoceans President and Chief Executive Officer, Jeremy Thigpen. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. With Dividends Reinvested. The two drillers in September entered into a definitive merger agreement under which Transocean was to acquire Ocean Rig in a cash and stock transaction valued at approximately $2.7 billion, inclusive of Ocean Rig's net debt, subject to, subject to the approval of both Transocean and Ocean Rig shareholders and the satisfaction of customary Transocean is a provider of offshore contract drilling services for energy companies, owning and operating among versatile fleets with a particular focus on deepwater and harsh-environment drilling. In the past three months, Transocean insiders have sold more of their company's stock than they have bought. What is Jeremy D. Thigpen's approval rating as Transocean's CEO? MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Enterprise Value (EV) is Market Capitalization + Debt - Cash. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. The combination of constructive and stable oil prices over the last several quarters, streamlined offshore project costs, and undeniable reserve replacement challenges has driven a material increase in offshore contracting activity. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. The cause of this is impossible to tell Transocean will pay approximately $2 aripiprazole 2 mg side effects fycompa A galactic merger would have altered the structure of PGC 6240 and would have also triggered an increased level of star formation, which would explain the composition of the globular clusters On this episode of the Sofa King Podcast, we talk about one . Luigs and the midwater floater Songa Delta. Transocean Ltd. (NYSE: RIG) and Ocean Rig UDW Inc. ("Ocean Rig") (NASDAQ: ORIG) announced today that they have entered into a definitive merger agreement under which Transocean will acquire. The Price to Earnings ratio or P/E is price divided by earnings. Upon completion of the merger, Transoceans and Ocean Rigs shareholders will own approximately 79% and approximately 21%, respectively, of the combined company. That does not mean that all companies with large growth rates will have a favorable Growth Score. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Shareholders say 'yes' to $2.7B Transocean-Ocean Rig merger Strength Seen in Transocean (RIG): Can Its 6.9% Jump Turn into More Strength? So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. The company was founded in 1926 and is based in Steinhausen,. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. By PATRICK TOOHER, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:50, 28 January 2023 | UPDATED: 21:50, 28 January 2023 Oil giant Shell is set to unveil record profits of more than 30 billion as households and businesses grapple with sky-high energy bills. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Ltd., Transocean Employee Support Fund, Transocean Enabler Limited, Transocean Enabler Rigco Limited, Transocean Encourage Limited, Transocean Encourage Rigco Limited, Transocean Endurance Limited, Transocean Endurance Rigco Limited, Transocean Entities Holdings GmbH, Transocean Equinox Limited, Transocean Equinox Rigco Limited, Transocean Finance Limited, Transocean Financing (Cayman) Limited, Transocean Financing GmbH, Transocean Guardian Limited, Transocean Holdings 1 Limited, Transocean Holdings 2 Limited, Transocean Holdings 3 Limited, Transocean Holdings LLC, Transocean Hungary Holdings LLC, Transocean Hungary Investments LLC, Transocean Hungary Ventures LLC, Transocean Inc., Transocean Innovation Labs Ltd., Transocean International Holdings Limited, Transocean International Resources Limited, Transocean Investimentos Ltda., Transocean Investments Holdings LLC, Transocean Investments S.a.r.l., Transocean Ltd., Transocean Management Services GmbH, Transocean Minerals Holdings Limited, Transocean Nautilus Limited, Transocean North Sea Limited, Transocean Norway Operations AS, Transocean Offshore (North Sea) Ltd., Transocean Offshore Canada Services Ltd., Transocean Offshore Deepwater Drilling Inc., Transocean Offshore Deepwater Holdings Limited, Transocean Offshore Drilling Limited, Transocean Offshore Gulf of Guinea II Limited, Transocean Offshore Gulf of Guinea VI Limited, Transocean Offshore Gulf of Guinea VII Limited, Transocean Offshore Gulf of Guinea XII Limited, Transocean Offshore Gulf of Guinea XIII Limited, Transocean Offshore Holdings Limited, Transocean Offshore International Limited, Transocean Offshore International Ventures Limited, Transocean Offshore Limited, Transocean Offshore PR Limited, Transocean Offshore USA Inc., Transocean Onshore Support Services Limited, Transocean Orion Limited, Transocean Phoenix 2 Limited, Transocean Phoenix 2 Opco LLC, Transocean Pontus Limited, Transocean Pontus Opco Inc., Transocean Poseidon Limited, Transocean Poseidon Opco Inc., Transocean Proteus Limited, Transocean Proteus Opco LLC, Transocean Quantum Holdings Limited, Transocean Quantum Management Limited, Transocean Quantum Rig Holdings Limited, Transocean Quantum Sentry Holdings Limited, Transocean Rig 140 Limited, Transocean Rig Management Limited, Transocean SPSF Holdings Limited, Transocean Sedco Forex Ventures Limited, Transocean Sentry Limited, Transocean Services (India) Private Limited, Transocean Services AS, Transocean Services UK Limited, Transocean Skyros Limited, Transocean Spitsbergen ASA, Transocean Sub Asset Holdings 1 Limited, Transocean Sub Asset Holdings 2 Limited, Transocean Sub Asset Holdings 3 Limited, Transocean Support Services Limited, Transocean Support Services Nigeria Limited, Transocean Support Services Private Limited, Transocean Technical Services Egypt LLC, Transocean U.S. Holdings LLC, Transocean UK Limited, Transocean Voyager 1 Limited, Transocean Voyager 2 Limited, Transocean West Africa Holdings Limited, Transocean Worldwide Inc., Triton Asset Leasing GmbH, Triton Capital I GmbH, Triton Capital II GmbH, Triton Capital Mexico GmbH, Triton Conqueror GmbH, Triton Corcovado LLC, Triton Financing LLC, Triton Gemini GmbH, Triton Holdings Limited, Triton Hungary Asset Management LLC, Triton Hungary Investments 1 Limited Liability Company, Triton Industries Inc., Triton KG2 GmbH, Triton Management Services LLC, Triton Mykonos LLC, Triton Nautilus Asset Leasing GmbH, Triton Nautilus Asset Management LLC, Triton Offshore Leasing Services Limited, Triton Pacific Limited, Triton Poseidon GmbH, Triton Voyager Asset Leasing GmbH, and Wilrig Offshore (UK) Limited. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. Get daily stock ideas from top-performing Wall Street analysts. Islands KY1-1003 +1 (345) 745-4505 . Growth of $10,000.00. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Topics; See All Markets; Biofuels; Crack Spread; Crude Oil; Frac Spread; Liquefied Natural Gas; Natural Gas; Natural Gas . Nous, Yahoo, faisons partie de la famille de marques Yahoo. ROE is always expressed as a percentage. Bhd., R&B Falcon (U.K.) Limited, R&B Falcon B.V., R&B Falcon Deepwater (UK) Limited, R&B Falcon Drilling Co. LLC, R&B Falcon Exploration Co. LLC, R&B Falcon International Energy Services B.V., RBF Rig Corporation LLC, Ranger Insurance Limited, Reading & Bates Coal Co. LLC, SDS Offshore Limited, Safemal Drilling Sdn. This situation forced Seadrill to suspend its dividend, while Transocean (RIG 0.86%) and Ensco slashed their shareholder payouts by 80%. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. NYSE:RIG Transocean - RIG News Today $6.85 +0.10 (+1.48%) (As of 02/27/2023 12:00 AM ET) Compare Today's Range $6.61 $7.00 50-Day Range $4.27 $7.61 52-Week Range $2.32 $7.69 Volume 15.43 million shs Average Volume 25.78 million shs Market Capitalization $4.97 billion P/E Ratio N/A TransOcean 2: Rivals - Update 1.2 available. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) High institutional ownership can be a signal of strong market trust in this company. It's then divided by the number of shares outstanding to determine how much cash is generated per share. RIG - 24/7 Wall St. Oil giant Shell set to unveil record profits of more than 30bn as households and businesses grapple with sky-high energy bills. 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. Transocean ( NYSE: RIG) released its fleet status on April 28, 2021. Transocean is an existing investor in Nauticus Robotics and is investing in the PIPE. In-depth profiles and analysis for 20,000 public companies. In general, a lower number or multiple is usually considered better that a higher one. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. Transocean Ltd. To Acquire Transocean Partners LLC - MarineLink Transocean Ltd. (RIG) Stock Price Today, Quote & News September 19, 2007. A value under 20 is generally considered good. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. Their RIG share price forecasts range from $3.30 to $10.00. It takes the consensus sales estimate for the current fiscal year (F1) divided by the sales for the last completed fiscal year (F0) (actual if reported, the consensus if not). As the name suggests, it's calculated as sales divided by assets. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Transocean Indonesia, Platform Capital N.V., Platform Financial N.V., Primelead Limited, R&B Falcon (A) Pty Ltd, R&B Falcon (Caledonia) Limited, R&B Falcon (M) Sdn. Transocean Partners a growth-oriented limited liability company recently formed by Transocean, an offshore drilling contractors, to own, operate and acquire modern, technologically advanced offshore drilling rigs. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. One share of RIG stock can currently be purchased for approximately $7.51. Transocean Ltd. (NYSE:RIG) announced its quarterly earnings data on Tuesday, February, 21st. The merger cleared the DOJ after Compass . So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. No changes to Transoceans board of directors, executive management team, or corporate structure are anticipated as a result of the acquisition. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. A high percentage of insider ownership can be a sign of company health. It's used by investors as a measure of financial health. Transocean's stock was trading at $4.56 at the start of the year. Jan 7, 2021. Transocean Snags a Big Sell Rating as Earnings Recovery Is Pushed Out The 1 week price change reflects the collective buying and selling sentiment over the short-term. Volume is a useful item in many ways. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. de C.V., GlobalSantaFe Techserv (North Sea) Limited, GlobalSantaFe U.S. Holdings Inc., Indigo Drilling Limited, Inteliwell JV GP Limited, Inteliwell JV LP, Kalambo Operations Inc., OCR Falklands Drilling Inc., OR Norge Operations Inc., Ocean Rig, Ocean Rig 1 Inc, Ocean Rig 2 Inc., Ocean Rig Canada Inc., Ocean Rig Cuanza Operations Inc., Ocean Rig Cubango Operations Inc., Ocean Rig Deepwater Drilling Limited, Ocean Rig Investments Inc., Ocean Rig Management Inc., Ocean Rig Operations Inc., Ocean Rig UDW Inc., Ocean Rig UDW LLC, Offshore Ghana Transocean Limited, Offshore Rig Operations AS, Olympia Rig Angola Holding S.A., Olympia Rig Angola Limitada, Orion Holdings (Cayman) Limited, Orion RigCo (Cayman) Limited, P.T.