Home; Topics. Transocean will pay approximately $2 He has had recent activist campaigns at Sandridge, Energen and Occidental Petroleum and had previously ousted Michael Talbert, the chairman of Transocean Ltd The Deal Icahn has publicly offered $15 a share for Commercial Metals, an offer that totals about $1 Below is a list of employers that have announced significant changes to their defined benefit . Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. Volume is a useful item in many ways. As the name suggests, it's calculated as sales divided by assets. The company employs 5,530 workers across the globe. They looked at 33 business publications from 2000 to 2010 and searched for key words relating to rumors (or rumours). But, typically, an aggressive growth trader will be interested in the higher growth rates. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. This is also commonly referred to as the Asset Utilization ratio. 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. View RIG analyst ratings or view top-rated stocks. 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. Transocean Sedco Forex Inc. is the world's largest offshore drilling contractor, with an equity market capitalization currently in excess of $12.0 billion. (1) Per Transoceans internal rig ranking model. This is a medium-term price change metric. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. In addition, Transocean Ltd. has a VGM Score of D (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Transocean-GlobalSantaFe Merger. The Zacks database contains over 10,000 stocks. What Makes Transocean (RIG) a Strong Momentum Stock: Buy Now? Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. - The Fly. 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. A P/B of 2 means it's selling at 2 times its book value. What is Transocean's stock price forecast for 2023? Based on aggregate information from My MarketBeat watchlists, some companies that other Transocean investors own include CA (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW), Athabasca Oil (ATH), Micron Technology (MU), Gran Tierra Energy (GTE) and Och-Ziff Capital Management Group (OZM). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). 12.29% of the stock of Transocean is held by insiders. Breaking News: NE latest news. Real time prices by BATS. On 11/27/07, Transocean Inc. [RIG] completed the reclassification of its stock and the merger transaction with GlobalSantaFe Corporation [GSF]. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. -0.02 (-0.27%) It's then divided by the number of shares outstanding to determine how much cash is generated per share. Transocean Ltd. de C.V., TILAM Holdings Limited, TRM Holdings Limited, TSSA - Servicos de Apoio Lda., Transocean Africa Drilling Limited, Transocean Asia Services Sdn Bhd, Transocean Asset Holdings 1 Limited, Transocean Asset Holdings 2 Limited, Transocean Asset Holdings 3 Limited, Transocean Atlas Limited, Transocean Barents ASA, Transocean Brasil Ltda., Transocean Britannia Limited, Transocean Canada Drilling Services Ltd., Transocean Conqueror Limited, Transocean Conqueror Opco LLC, Transocean Corporate Services Limited, Transocean Cyprus Capital Management Public Limited, Transocean Cyprus Drilling Operations Public Limited, Transocean Deepwater Drilling Services Limited, Transocean Deepwater Holdings Limited, Transocean Deepwater Inc., Transocean Deepwater Mauritius, Transocean Deepwater Nautilus Limited, Transocean Deepwater Seafarer Services Limited, Transocean Discoverer 534 LLC, Transocean Drilling Enterprises S.a.r.l., Transocean Drilling Israel Ltd., Transocean Drilling Limited, Transocean Drilling Namibia Inc., Transocean Drilling Offshore S.a.r.l., Transocean Drilling Sdn. 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). This is the Air Japan corporate website, where you can view Corporate Information, Flight Routes, Safety/Flight Information, and CSR Information, etc Cause: In accordance with the terms of the merger agreement, each outstanding ordinary share of Transocean immediately prior to the effective time of the merger was reclassified into (1) 0 BP and Transocean . 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. Earnings estimate revisions are the most important factor influencing stocks prices. Sign in to your free account to enjoy all that MarketBeat has to offer. After the P/E ratio, it's one of the most common valuation metrics. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. On average, they predict the company's stock price to reach $5.91 in the next year. Transocean shares have a 52-week. Real-time analyst ratings, insider transactions, earnings data, and more. If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. This item is updated at 9 pm EST each day. 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. View analysts price targets for RIG or view top-rated stocks among Wall Street analysts. Luigs Limited, GlobalSantaFe Denmark Holdings ApS, GlobalSantaFe Drilling (N.A.) Thursday's additional top analyst upgrades and downgrades included Alcoa, British American Tobacco, Capital One Financial, EOG Resources, Johnson Controls, Traeger, Transocean and Vale. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. But note, different industries have different margin rates that are considered good. Nous, Yahoo, faisons partie de la famille de marques Yahoo. ET by Tomi Kilgore Transocean stock price target raised to $4.50 from $3.30 at Susquehanna Nov.. 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 ( RIG) surged more than 18% today on news the company signed two new contracts. 8 brokerages have issued 12 month target prices for Transocean's shares. Transocean denies R&B merger speculation Talk is flying in the offshore drilling rig industry of a possible merger between two major international players - Transocean of Norway and. contact@marketbeat.com 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. Export data to Excel for your own analysis. As they say, 'price follows volume'. The Company will remain headquartered in Steinhausen, Switzerland, with significant operating presence in Houston, Texas, Aberdeen, Scotland and Stavanger, Norway. Seward & Kissel LLP is acting as legal advisor to Ocean Rig with respect to U.S. law. 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 The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings. Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4. 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. Transocean ( NYSE: RIG) released its fleet status on April 28, 2021. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. 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. Start date: 01/17/2013. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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. Of course, different industries will have different growth rates that are considered good. In this case, it's the cash flow growth that's being looked at. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. This includes personalizing content and advertising. 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. Wall Street closes sharply higher, notches weekly gains as Treasury yields ease, Morgan Stanley reaffirms Top Pick on Apple (AAPL) stock, sees catalyst-rich event path, Amazon (AMZN) pausing construction on second HQ in Virginia - Bloomberg, Broadcom Q1 results & guidance beat estimates; analysts praise 'stellar' execution, Dell reverses early gains on soft outlook; analyst reactions mixed, Embark Trucks (EMBK) to reduce workforce, explore strategic alternatives including liquidation, Ford Motor (F) Declares $0.65 Special Dividend; 4.5% Yield, Crypto firms behind Tether used falsified documents to maintain banking system access - WSJ, Altamira Therapeutics (CYTO) Reports Study Showing Bentrio's Superior Nasal Residence Time and Rheological Properties, Desktop Metal (DM) jumps on chatter of deal with Apple, Midday movers: C3 AI, Costco, Zscaler and more, Dell, Zscaler, ChargePoint fall premarket; Tesla, Hewlett Packard rise, After-hours stock movers: C3.ai jumps on results, Zscaler falls, Macy's, Salesforce and Okta rise premarket; Silvergate, Tesla fall, After-hours movers: Salesforce surges on beat, Silvergate falls on 'going concern' warning, VPC Impact Acquisition (VPCB) to Redeem Public Shares, Live Oak Mobility Acquisition Corp (LOKMU) Announces Redemption of Public Shares and Dissolution, China Index Holdings (CIH) Sets Record Date for Dissemination of Transaction Statement for Going Private Transaction. 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. A ratio of 2 means its assets are twice that of its liabilities. The company's press release can be found here. Oil giant Shell set to unveil record profits of more than 30bn as households and businesses grapple with sky-high energy bills. So be sure to compare it to its group when comparing stocks in different industries. Get daily stock ideas from top-performing Wall Street analysts. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. The Price to Sales ratio or P/S is calculated as price divided by sales. What is Jeremy D. Thigpen's approval rating as Transocean's CEO? 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. 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. Pursuant to the terms of the Merger Agreement, a business combination between CLAQ and Nauticus was effected through the merger of Merger . 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. 7:58 PM ET. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. Transocean was founded in 1926 and is based in Steinhausen, Switzerland. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Transocean anticipates re-ranking the combined fleet, which may result in additional rigs being recycled. The analyzed items go beyond simple trend analysis. Transocean had a negative trailing twelve-month return on equity of 5.85% and a negative net margin of 24.12%. This longer-term historical perspective lets the user see how a company has grown over time. Announces $392 Million Contract Award for Ultra-Deepwater Drillship. Grand Cayman, Cayman. Close Menu. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Wednesday's top analyst upgrades and downgrades included Adobe, Apple, FedEx, HCA Healthcare, Kraft Heinz, Peloton Interactive, Sirius XM, Tesla, Transocean and Veeco Instruments. As Transocean has already committed to voting its approximately 21.3 million common units in favor of the merger, a vote in favor of the merger by approximately 9.9 million (or approximately 50.1% . Their RIG share price forecasts range from $3.30 to $10.00. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 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 Price to Book ratio or P/B is calculated as market capitalization divided by its book value. The firm notes these levels are notably below the average day rates secured by Transocean, which would operate the fourth-largest overall . 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. Zacks Premium - The way to access to the Zacks Rank. Jeremy D. Thigpen has an approval rating of 60% among the company's employees. The offshore drilling services provider had revenue of $606 million for the quarter, compared to the consensus estimate of $620.89 million. Announces Pricing of $525 Million of Secured Notes Due 2028, Transocean Ltd. In-depth profiles and analysis for 20,000 public companies. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. During the same period in the previous year, the company posted ($0.19) EPS. Ventura Makes Personal Testimony. FORM 8-K. CURRENT REPORT. The Daily Price Change displays the day's percentage price change using the most recently completed close. There are currently 4 hold ratings and 4 buy ratings for the stock. The offshore drilling services provider reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.30. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. A D/E ratio of 1 means its debt is equivalent to its common equity. 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,. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. A higher number means the more debt a company has compared to its capital structure. This is also referred to as the cash yield. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Schlumberger Ltd. agreed to combine its offshore contract-drilling operations with Transocean Offshore Inc. in a $3.26 billion stock transaction that creates the world's largest offshore-energy . Transocean's stock is owned by a variety of retail and institutional investors. Cash Flow is a measurement of a company's health. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date.
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