And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. The company employs 5,530 workers across the globe. * indicates the important links in the menu, After-Market: How good is it? Announces $392 Million Contract Award for Ultra-Deepwater Drillship. 8. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. - The Fly. 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. TransOcean - Official Website Both floaters are currently stacked. Breaking News: NE latest news. See what's happening in the market right now with MarketBeat's real-time news feed. 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. 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. In this case, it's the cash flow growth that's being looked at. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. Learn more about Zacks Equity Research reports. On average, they predict the company's stock price to reach $5.91 in the next year. 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). Please log in to your account or sign up in order to add this asset to your watchlist. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. Sign-up to receive the latest news and ratings for Transocean and its competitors with MarketBeat's FREE daily newsletter. 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. These two newbuilds are expected to be delivered in the third quarter of 2019 and the third quarter of 2020, respectively. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. TransOcean 2: Rivals - Update 1.2 available. Transocean Merger Sparks Consolidation Talk for Other Drillers 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. 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 . This is a medium-term price change metric (like the 4 week price change). 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 (RIG) expects $2.9-$3 billion revenues in 2023, based on 96.5% revenue efficiency. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. Luigs Limited, GlobalSantaFe Denmark Holdings ApS, GlobalSantaFe Drilling (N.A.) Dear Community, the latest update for TransOcean 2: Rivals just set sail today! The following companies are subsidiares of Transocean: 15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, AngoSantaFe - Prestacao de Servicos Petroliferos Limitada, Angola Deepwater Drilling Company (Offshore Services) Ltd, Arcade Drilling AS, Asie Sonat Offshore Sdn. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. 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 Earnings ratio or P/E is price divided by earnings. This situation forced Seadrill to suspend its dividend, while Transocean (RIG 0.86%) and Ensco slashed their shareholder payouts by 80%. 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A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. The consensus among Wall Street analysts is that investors should "buy" RIG shares. 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. Home; Topics. RIG - 24/7 Wall St. World's Biggest Offshore Drilling Companies | Zeymarine Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. What other stocks do shareholders of Transocean own? 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 packed with all of the company's key stats and salient decision making information. Cash Flow is net income plus depreciation and other non-cash charges. Start date: 01/17/2013. Growth of $10,000.00. It is the most commonly used metric for determining a company's value relative to its earnings. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Transocean Inc. and GlobalSantaFe Corporation said that their boards of directors have unanimously approved a definitive agreement for a merger of equals. Transocean denies R&B merger speculation | TradeWinds 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. It is used to help gauge a company's financial health. The median P/B ratio for stocks in the S&P is just over 3. After the P/E ratio, it's one of the most common valuation metrics. 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. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. To learn more, click here. What Predicts That A Company Merger Rumor Will Come True? - Forbes A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. The official website for the company is www.deepwater.com. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. NASDAQ data is at least 15 minutes delayed. Transocean, Globalsantafe To Merge - MarineLink A ratio of 2 means its assets are twice that of its liabilities. NYSE and AMEX data is at least 20 minutes delayed. The Momentum Score takes all of this and more into account. The cause of this is impossible to tell Transocean will pay approximately $2 . As they say, 'price follows volume'. Transocean-GlobalSantaFe Merger. A higher number means the more debt a company has compared to its capital structure. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Transocean Ltd. To Acquire Transocean Partners LLC - MarineLink Transocean Ltd. (RIG) Latest Stock News & Headlines - Yahoo! Transocean owns and operates a fleet of 48 mobile offshore drilling units that offer services for energy companies. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe.
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