See rankings and related performance below. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. It's packed with all of the company's key stats and salient decision making information. Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4. Transocean Ltd. The PEG ratio is the P/E ratio divided by its growth rate. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. 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. de C.V., GlobalSantaFe Drilling Operations Inc., GlobalSantaFe Drilling Services (North Sea) Limited, GlobalSantaFe Drilling Trinidad LLC, GlobalSantaFe Drilling Venezuela C.A., GlobalSantaFe Financial Services (Luxembourg) S.a.r.l., GlobalSantaFe Group Financing Limited Liability Company, GlobalSantaFe Holding Company (North Sea) Limited, GlobalSantaFe Hungary Services Limited Liability Company, GlobalSantaFe International Drilling Corporation, GlobalSantaFe International Drilling Inc., GlobalSantaFe International Services Inc., GlobalSantaFe Nederland B.V., GlobalSantaFe Offshore Services Inc., GlobalSantaFe Operations (Mexico) LLC, GlobalSantaFe Saudi Arabia Ltd., GlobalSantaFe Services (BVI) Inc., GlobalSantaFe Services Netherlands B.V., GlobalSantaFe Servicios de Venezuela C.A., GlobalSantaFe South America LLC, GlobalSantaFe Tampico S. de R.L. This longer-term historical perspective lets the user see how a company has grown over time. Wednesday's top analyst upgrades and downgrades included Amazon.com, Boeing, Carlyle, Frontline, Olin, Perrigo, Rocket Companies, Starwood Property Trust, Transocean andWW. Transocean Ltd. (NYSE:RIG) announced its quarterly earnings data on Tuesday, February, 21st. Cash flow can be found on the cash flow statement. Net Margin is defined as net income divided by sales. Cash flow itself is an important item on the income statement. Search: Transocean Merger Rumors. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. 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. It's calculated as earnings divided by price. ICLUBcentral - Transocean Inc. [RIG] reclassification and merger with A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. 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. Transocean faces possible 'liquidity crisis' amid debt repayment Ocean Rig UDW Inc. Shareholders Approve Merger with Transocean Ltd Santa Fe Supraco Indonesia, PT. Learn more about Zacks Equity Research reports. Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. Nabors Offshore - $3.05bn Founded in 1952, Nabors Offshore is a company that owns and operates one of the world's largest land-based drilling rig fleets. How were Transocean's earnings last quarter? Enterprise Value (EV) is Market Capitalization + Debt - Cash. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Jan 7, 2021. If a company's expenses are growing faster than their sales, this will reduce their margins. Also, consistent with the Companys strategy of recycling less competitive rigs, Transocean will retire two of its floaters, the ultra-deepwater drillship C.R. 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. For one, part of trading is being able to get in and out of a stock easily. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. M&A Summary Buy vs Sell +5 Most Recent M&A M&A by Sector By Geo These two newbuilds are expected to be delivered in the third quarter of 2019 and the third quarter of 2020, respectively. Zacks Premium - The way to access to the Zacks Rank. Zscaler, Inc Plummets, Is It Time To Buy The Dip? View analysts price targets for RIG or view top-rated stocks among Wall Street analysts. Transocean Ltd. (RIG) Stock Forum & Discussion - Yahoo Finance Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. These returns cover a period from January 1, 1988 through January 2, 2023. How good is it? Once again, cash flow is net income plus depreciation and other non-cash charges. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Ocean Rig UDW Inc. Shareholders Approve Merger with Transocean Ltd Feb. 7, 2022, 06:20 PM Peloton Interactive Inc (NASDAQ:PTON) climbed more than 20% Monday with rumors of the fitness equipment manufacturer finding a potential suitor. Many other growth items are considered as well. Transocean Mergers and Acquisitions Summary | Mergr Transocean (RIG) Agrees to Acquire Ocean Rig UDW Inc. (ORIG) for Approx The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. [RIG] completed the reclassification of its stock and the merger transaction with GlobalSantaFe Corporation [GSF] In case of mergers, some states required a unanimous vote of shareholders However, since the company's 2007 merger with GlobalSantaFe, Transocean's reputation has suffered considerably, according to EnergyPoint Research, an independent oil service . Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. It takes the consensus estimate for the current fiscal year (F1) divided by the EPS for the last completed fiscal year (F0) (actual if reported, the consensus if not). 57 employees have rated Transocean Chief Executive Officer Jeremy D. Thigpen on Glassdoor.com. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. 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. Technical analysis trends TRANSOCEAN LTD. Technical analysis Income Statement Evolution More Financials Consensus Consensus EPS Revisions More Estimates Revisions Managers and Directors More about the company Sector and Competitors More Results The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. The company's press release can be found here. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. Transocean: April 2021 Fleet Status Analysis - SeekingAlpha ET by Tomi Kilgore Transocean stock price target raised to $4.50 from $3.30 at Susquehanna Nov.. Transocean stock traded at $4.52 ahead of earnings, but Tuesday's reaction took shares down to $4.41, and on Wednesday they were down another 1.2% to $4.37. This is also commonly referred to as the Asset Utilization ratio. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. Aside from using absolute numbers, however, you can also find value by comparing the P/E ratio to its relevant industry and its peers. Zacks Style Scores Education - Learn more about the Zacks Style Scores. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. Transocean Inc., the world's largest offshore driller, said on Monday it would buy GlobalSantaFe Corp. for about $17 billion in a no-premium deal, adding a fleet of shallow-water drilling rigs to its As the name suggests, it's calculated as sales divided by assets. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. By adding our high-specification floaters to Transocean's industry-leading fleet, the combined company will have the offshore industrys largest and most technically capable fleet of ultra-deepwater and harsh environment floaters. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Specifically, they have bought $0.00 in company stock and sold $698,560.00 in company stock. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. Transocean Inc. and GlobalSantaFe Corporation Agree to Combine Transocean Beats Investors' Merger Suit Over Safety Record A higher number means the more debt a company has compared to its capital structure. 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 -- Equal representation on 14-member board, chaired by Robert E. Rose. Transocean denies R&B merger speculation | TradeWinds The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. ANALYSIS-Mixed view on effect of Transocean merger | Reuters Transocean Ltd. To Acquire Transocean Partners LLC - MarineLink The Company will remain headquartered in Steinhausen, Switzerland, with significant operating presence in Houston, Texas, Aberdeen, Scotland and Stavanger, Norway. Get short term trading ideas from the MarketBeat Idea Engine. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. Baker Botts Lawyers/Offices Involved: Corporate: Doug Getten (Partner, Houston) and Jim Marshall (Partner, Houston) ABOUT BAKER BOTTS L.L.P. 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. The company was founded in 1953 and is headquartered in Steinhausen, Switzerland. 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 Ocean Rig in a cash and stock transaction valued at approximately $2.7 billion, inclusive of Ocean Rigs net debt. To learn more, click here. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. The transaction consideration is comprised of 1.6128 newly issued shares of Transocean plus $12.75 in cash for each share of Ocean Rigs common stock, for a total implied value of $32.28 per Ocean Rig share, based on the closing price on August 31, 2018. High institutional ownership can be a signal of strong market trust in this company. These contracts, worth a combined $1.24 billion, span multiple years. Multichannel News covers the cable television and telecommunications business focusing on finance, technology, broadband, and government activities for the worldwide multichannel industries. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Transocean Ltd. Reports First Quarter 2021 Results The 20 day average establishes this baseline. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Ocean Rigs fleet is comprised of nine high-specification ultra-deepwater drillships and two harsh environment semisubmersibles. Should I buy Transocean (RIG) - Zacks - Zacks Investment Research dvelopper et amliorer nos produits et services. A P/B of 2 means it's selling at 2 times its book value. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. Transocean Ltd.'s (NYSE:RIG) Intrinsic Value Is Potentially 45% Above Its Share Price, Transocean Ltd. The analyst urged Transocean to use the current market crisis to address these issues with its customers. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. It is essentially the inverse of the P/E ratio. Search: Transocean Merger Rumors. 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. Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. It measures a company's ability to pay short-term obligations. Their RIG share price forecasts range from $3.30 to $10.00. FORM 8-K. CURRENT REPORT. the Securities Exchange Act of 1934. The P/E ratio of Transocean is -8.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The transaction has been unanimously approved by the board of directors of each company. $7.49 contact@marketbeat.com 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. Transocean ( NYSE: RIG) released its fleet status on April 28, 2021. Upon completion of the merger, Transoceans and Ocean Rigs shareholders will own approximately 79% and approximately 21%, respectively, of the combined company. Ventura Makes Personal Testimony. Transocean, Globalsantafe To Merge - MarineLink And, of course, the 4 week change helps put the 1 week change into context. Pursuant to the terms of the Merger Agreement, a business combination between CLAQ and Nauticus was effected through the merger of Merger . Transocean shares have a 52-week. Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. Transocean wins rig contract with TotalEnergies for work offshore Suriname Published 14 October 2022 19:55 GMT Rigs and Vessels Norway: Wintershall and OMV charter rig for minimum $437 million. 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. View our RIG earnings forecast. No changes to Transoceans board of directors, executive management team, or corporate structure are anticipated as a result of the acquisition. Transocean Merger Sparks Consolidation Talk for Other Drillers The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. Insiders that own company stock include David A Tonnel, Edward R Muller, Frederik Wilhelm Mohn, Jack Sinclair, Keelan Adamson, Perestroika, Saint Victor Diane De, Vanessa C L Chang and W R Jr Stephens. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Transocean was founded in 1926 and is based in Steinhausen, Switzerland. International Mexico S. de R.L. But, it's made even more meaningful when looking at the longer-term 4 week percent change. The Daily Price Change displays the day's percentage price change using the most recently completed close. The offshore drilling services provider reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.30. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. There are 17 Sectors, 60 different M Industries, and 265 X Industries. Next to extensive balancing adjustments, which make the game's endless game even more challenging, the update offers you the possibility to configure many values in the endless game mode by yourself. After the P/E ratio, it's one of the most common valuation metrics. September 19, 2007. ZacksTrade and Zacks.com are separate companies. The income number is listed on a company's Income Statement. ROE values, like other values, can vary significantly from one industry to another. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. Transocean Snags a Big Sell Rating as Earnings Recovery Is Pushed Out This is a longer-term price change metric. Luigs and the midwater floater Songa Delta. NYSE and AMEX data is at least 20 minutes delayed. Transocean Stock Split History Transocean-GlobalSantaFe Merger. Si vous ne souhaitez pas que nos partenaires et nousmmes utilisions des cookies et vos donnes personnelles pour ces motifs supplmentaires, cliquez sur Refuser tout. Zacks Style Scores Education - Learn more about the Zacks Style Scores. See what's happening in the market right now with MarketBeat's real-time news feed. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. This is a medium-term price change metric. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). Close Menu. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. It also enables us to reduce our cost per active rig, as we believe that we can efficiently merge the Ocean Rig operations into our existing structure with limited incremental shore-based expense. Our daily ratings and market update email newsletter. Bhd., Transocean Drilling Services (India) Private Limited, Transocean Drilling U.K. Limited, Transocean Eastern Pte. Transocean Inc. and GlobalSantaFe Corporation Agree to Combine Merger Highlights: -- Seasoned management and technical staffs of both companies led by Chief Executive Officer Robert L. Long and President and Chief Operating Officer Jon A. Marshall. On average, they predict the company's stock price to reach $5.91 in the next year. The Current Ratio is defined as current assets divided by current liabilities. Ltd., Spitsbergen Rigco Limited, Sub-Saharan Drilling Inc., T. I. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. Zacks Ranks stocks can, and often do, change throughout the month. Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. Shares of RIG stock can be purchased through any online brokerage account. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. In general, a lower number or multiple is usually considered better that a higher one. Transocean Ltd. This includes personalizing content and advertising. In-depth profiles and analysis for 20,000 public companies. Why JetBlue Shares Are Up Today | The Motley Fool Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. Top Analyst Upgrades and Downgrades: Adobe, Apple, FedEx, HCA, Kraft Heinz, Peloton, Sirius XM, Tesla, Transocean, Veeco and More Wednesday's top analyst upgrades and downgrades included Adobe,. www.sec.gov Transocean's stock was trading at $4.56 at the start of the year. 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 recent price decline of 9.5% in Transocean Ltd.'s (NYSE:RIG) stock may have disappointed insiders who bought US$54m worth of shares at an average price of US$4.19 in the past 12 months.. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. 7:58 PM ET. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. In this case, it's the cash flow growth that's being looked at. The company employs 5,530 workers across the globe. Home; Topics. Transocean Partners - Products, Competitors, Financials, Employees To see all exchange delays and terms of use please see Barchart's disclaimer. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. It is used to help gauge a company's financial health. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. - The Fly. Upon consummation, this transaction will be of significant benefit to the stakeholders of both companies.". below): Written communications pursuant to Rule 425 under . Transocean wraps up $2.7B Ocean Rig acquisition Is Transocean (RIG) Outperforming Other Oils-Energy Stocks This Year? Announces Fourth Quarter, Full Year 2022 Earnings Release Date, What Makes Transocean (RIG) a New Strong Buy Stock, Transocean Ltd.
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