It's packed with all of the company's key stats and salient decision making information. -- Equal representation on 14-member board, chaired by Robert E. Rose. Projected EPS Growth looks at the estimated growth rate for one 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. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. The merger is not subject to any financing condition. Transocean - Latest oil and gas news | Upstream Online Ocean Rigs fleet is comprised of nine high-specification ultra-deepwater drillships and two harsh environment semisubmersibles. Value Style - Learn more about the Value Style. Transocean Ltd. (RIG) Stock Forum & Discussion - Yahoo Finance In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). The stock has recently been. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. contact@marketbeat.com No changes to Transoceans board of directors, executive management team, or corporate structure are anticipated as a result of the acquisition. capital one merger rumors Also, consistent with the Companys strategy of recycling less competitive rigs, Transocean will retire two of its floaters, the ultra-deepwater drillship C.R. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. 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. It measures a company's ability to pay short-term obligations. It's used by investors as a measure of financial health. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. This suggests that the stock has a possible downside of 21.3%. A value under 20 is generally considered good. The company's mobile offshore drilling. This puts Jeremy D. Thigpen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. That means these items are added back into the net income to produce this earnings number. This suggests that the stock has a possible downside of 16.5%. www.sec.gov A P/B of 1 means it's selling at its per share book value. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. the Securities Exchange Act of 1934. 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. 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. The Price to Earnings ratio or P/E is price divided by earnings. 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. The 20 day average establishes this baseline. 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. A ratio of 1 means a company's assets are equal to its liabilities. Should I buy Transocean (RIG) - Zacks - Zacks Investment Research 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. Dear Community, the latest update for TransOcean 2: Rivals just set sail today! These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. The 1 week price change reflects the collective buying and selling sentiment over the short-term. NASDAQ data is at least 15 minutes delayed. To see all exchange delays and terms of use please see Barchart's disclaimer. What is Transocean's stock price forecast for 2023? Multichannel News covers the cable television and telecommunications business focusing on finance, technology, broadband, and government activities for the worldwide multichannel industries. The 1 Week Price Change displays the percentage price change over the last 5 trading days using the most recently completed close to the close from 5 days before. 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. Date of report (date of earliest event reported): February 15, 2023 . The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. What Predicts That A Company Merger Rumor Will Come True? - Forbes 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. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. This situation forced Seadrill to suspend its dividend, while Transocean (RIG 0.86%) and Ensco slashed their shareholder payouts by 80%. What is a Good Dividend Yield? Islands KY1-1003 +1 (345) 745-4505 . All of those stocks are classified into three groups: Sector, M Industry and X Industry. This longer-term historical perspective lets the user see how a company has grown over time. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. Transocean-GlobalSantaFe Merger. Transocean Ltd.'s (NYSE:RIG) Intrinsic Value Is Potentially 45% Above Its Share Price, Transocean Ltd. Announces Pricing of $525 Million of Secured Notes Due 2028, Transocean Ltd. Volume is a useful item in many ways. 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. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Transocean bonds surge as driller says it has cured default allegations Grand Cayman, Cayman. 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. Real time prices by BATS. 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. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. For one, part of trading is being able to get in and out of a stock easily. Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4. 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. Visit Performance Disclosure for information about the performance numbers displayed above. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. [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 . ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 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. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings. 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. They read the articles and then traced the articles back to the article that . 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. In the past three months, Transocean insiders have sold more of their company's stock than they have bought. 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. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Transocean ( RIG) surged more than 18% today on news the company signed two new contracts. This is also commonly referred to as the Asset Utilization ratio. Sign in to your free account to enjoy all that MarketBeat has to offer. These two newbuilds are expected to be delivered in the third quarter of 2019 and the third quarter of 2020, respectively. It's also commonly referred to as a 'liquidity ratio'. A high percentage of insider ownership can be a sign of company health. Shares of RIG stock can be purchased through any online brokerage account. 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). Ltd., Spitsbergen Rigco Limited, Sub-Saharan Drilling Inc., T. I. While not suited for all investors, they are not penny stocks with Friday's top analyst upgrades and downgrades included Alcoa, Charles Schwab, Cognizant Technology Solutions, IBM, Newmont, Okta, Philip Morris International, Roblox, Shopify, Teva Pharmaceutical Thursday's additional top analyst upgrades and downgrades were on Ally Financial, CMS Energy, Credit Suisse, Freeport-McMoRan, Pinterest, Transocean, Verizon Communications and more.
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