transocean merger rumors

The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. RIG News Today | Why did Transocean stock go up today? - MarketBeat This longer-term historical perspective lets the user see how a company has grown over time. Transocean Ltd.'s (NYSE:RIG) Intrinsic Value Is Potentially 45% Above Its Share Price, Transocean Ltd. Transocean Stock Split History 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. 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. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Topics; See All Markets; Biofuels; Crack Spread; Crude Oil; Frac Spread; Liquefied Natural Gas; Natural Gas; Natural Gas . A P/B of 0.5 means its selling at half its book value. Ltd., Spitsbergen Rigco Limited, Sub-Saharan Drilling Inc., T. I. Nous, Yahoo, faisons partie de la famille de marques Yahoo. Transocean, GlobalSantaFe in merger deal - ibtimes.com 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. 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. 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. 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 -0.02 (-0.27%) And margin rates can vary significantly across these different groups. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. Luigs and the midwater floater Songa Delta. are strong. The offshore drilling services provider earns $-621,000,000.00 in net income (profit) each year or ($0.88) on an earnings per share basis. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. ANALYSIS-Mixed view on effect of Transocean merger | Reuters EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. Transocean has only been the subject of 3 research reports in the past 90 days. There are currently 4 hold ratings and 4 buy ratings for the stock. Transocean has received a consensus rating of Buy. Volume is a useful item in many ways. 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). With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Announces Fourth Quarter, Full Year 2022 Earnings Release Date, What Makes Transocean (RIG) a New Strong Buy Stock, Transocean Ltd. Below, we examine the compound annual growth rate CAGR for short of an investment into Transocean shares, starting with a $10,000 purchase of RIG, presented on a split-history-adjusted basis factoring in the complete Transocean stock split history. capital one merger rumors 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. Theme Leveraged Finance & High Yield Bonds backing Transocean Ltd. surged across the stack today after the offshore drilling company said it had moved to resolve allegations that its efforts to stave off a bankruptcy filing had led it to default on $543 million of senior notes. 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. This suggests that the stock has a possible downside of 21.3%. Offshore Drilling: These Rig Companies Could Be Takeover Candidates Export data to Excel for your own analysis. 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. Seward & Kissel LLP is acting as legal advisor to Ocean Rig with respect to U.S. law. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. Transocean Ltd. (RIG) NYSE - NYSE Delayed Price. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. capital one merger rumors Transocean : SpareBank 1 Markets 2023 Energy Conference Transocean Inc. and GlobalSantaFe Corporation said that their boards of directors have unanimously approved a definitive agreement for a merger of equals. Identify stocks that meet your criteria using seven unique stock screeners. This measure is expressed as a percentage. View which stocks are hot on social media with MarketBeat's trending stocks report. DeKalb, which traded its stake in GlobalSantaFe for shares in Transocean, took aim at a proxy statement issued in 2007 in the run-up to the merger vote, which led to the marriage of the world's . 2018_09_04_rig_8-k - Sec Transocean: April 2021 Fleet Status Analysis - SeekingAlpha During the same period in the previous year, the company posted ($0.19) EPS. Transocean shares have a 52-week. Transocean Ltd. To Acquire Transocean Partners LLC - MarineLink Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. This is also useful to know when comparing a stock's daily volume (which can be found on a ticker's hover-quote) to that of its average volume. The firm notes these levels are notably below the average day rates secured by Transocean, which would operate the fourth-largest overall . (844) 978-6257. Transocean - Latest oil and gas news | Upstream Online 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. Transocean had a negative trailing twelve-month return on equity of 5.85% and a negative net margin of 24.12%. But, typically, an aggressive growth trader will be interested in the higher growth rates. Transocean Merger Rumors - zgy.protesidentali.novara.it Cash flow can be found on the cash flow statement. The company's mobile offshore drilling. Transocean Ltd. (RIG) Latest Stock News & Headlines - Yahoo! The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. RIG News Today | Why did Transocean stock go up today? As they say, 'price follows volume'. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. It is essentially the inverse of the P/E ratio. GRAND CAYMAN, Cayman Islands, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), ("Ocean Rig" or the "Company"), an international contractor of offshore deepwater drilling services, today announced that its shareholders have approved the merger of the Company with Transocean Ltd. ("Transocean") by which, upon the closing of the merger, Ocean Rig will become a . Ocean Rig UDW Inc. Shareholders Approve Merger with Transocean Ltd 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. Transocean (RIG) Reports Q4 Loss, Lags Revenue Estimates, Transocean (RIG) Expands Its Backlog to $8.5 billion, Transocean (RIG) Bets on GSR for Deep-Sea Mineral Exploration. GRAND CAYMAN, Cayman Islands, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), ("Ocean Rig" or the "Company"), an international contractor of offshore deepwater drilling. 12.29% of the stock of Transocean is held by insiders. 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). For example, a regional bank would be classified in the Finance Sector. Further, we are confident that we can realize meaningful synergies through our OEM agreements, our overall approach to maintenance and our fleet-wide insurance coverage, among other opportunities., Thigpen concluded, Including the five rigs under construction, and considering the two additional rigs that we have recently decided to recycle, Transoceans pro forma fleet will be comprised of 57 floaters, including many of the most technically capable ultra-deepwater floaters, and harsh environment semisubmersibles in the industry. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. ICLUBcentral - Transocean Inc. [RIG] reclassification and merger with The 1 week price change reflects the collective buying and selling sentiment over the short-term. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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. As the name suggests, it's calculated as sales divided by assets. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Transocean (RIG) Stock Soars on New Contract Announcements This puts Jeremy D. Thigpen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Upon consummation, this transaction will be of significant benefit to the stakeholders of both companies.". Pursuant to the terms of the Merger Agreement, a business combination between CLAQ and Nauticus was effected through the merger of Merger . The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. Transocean anticipates re-ranking the combined fleet, which may result in additional rigs being recycled. A value greater than 1, in general, is not as good (overvalued to its growth rate). By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. Transocean Partners - Products, Competitors, Financials, Employees Credit Suisse Securities (USA) LLC is acting as financial advisor to Ocean Rig. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. FORM 8-K. CURRENT REPORT. Enterprise Value (EV) is Market Capitalization + Debt - Cash. Transocean Completes Merger With GlobalSantaFe | Hart Energy What is a Good Dividend Yield? $7.49 A D/E ratio of 1 means its debt is equivalent to its common equity. Transocean Rumors Merger - vtm.fatturaelettronica.piacenza.it 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. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. 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. Rumors Merger Transocean - vku.fatturaelettronica.piacenza.it 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. 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. Oil giant Shell set to unveil record profits of more than 30bn as households and businesses grapple with sky-high energy bills. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. Transocean Ltd. Announces Agreement to Acquire Ocean Rig If a company's expenses are growing faster than their sales, this will reduce their margins. Insiders who placed huge bets on Transocean Ltd. (NYSE:RIG - Nasdaq Others will look for a pullback on the week as a good entry point, assuming the longer-term price changes (4 week, 12 weeks, etc.) Transocean has a P/B Ratio of 0.51. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. 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. Of course, different industries will have different growth rates that are considered good. 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. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) 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. Specifically, they have bought $0.00 in company stock and sold $698,560.00 in company stock. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Increases Transocean's industry-leading contract backlog by $743 million for a combined total of $12.5 billion, at an average dayrate of $413,000; Expected annual cost synergies of approximately. Transocean's stock was trading at $4.56 at the start of the year. Real-time analyst ratings, insider transactions, earnings data, and more. Sandro Thoma Transocean Ltd. . How were Transocean's earnings last quarter? Zacks Style Scores Education - Learn more about the Zacks Style Scores. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. A ratio of 1 means a company's assets are equal to its liabilities. 8 brokerages have issued 12 month target prices for Transocean's shares. The Price to Earnings ratio or P/E is price divided by earnings. The Zacks database contains over 10,000 stocks. That does not mean that all companies with large growth rates will have a favorable Growth Score. All rights reserved. Transocean Ltd. Analyst Contact Alison Johnson Senior Manager, Investor Relations +1-713-232-7214 Media Contact Pam Easton Manager, Legal Projects and Communications +1-713-232-7647 Home News Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship dvelopper et amliorer nos produits et services. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. Santa Fe Supraco Indonesia, PT. Search: Csx Merger Rumors. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. One share of RIG stock can currently be purchased for approximately $7.51. Receive RIG Stock News and Ratings via Email, March 4, 2023|Legacy Research (Affiliate) (Ad), Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast, February 24, 2023|americanbankingnews.com. House, 4th Floor. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. The stock has recently been. In short, this is how much a company is worth. 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. mesurer votre utilisation de nos sites et applications. Breaking News: NE latest news. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. See rankings and related performance below. 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.

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