Tuesday's additional top analyst upgrades and downgrades were on Anheuser-Busch InBev, Citigroup, Discover Financial Services, Edison International, Goldman Sachs, Morgan Stanley, NextEra Energy, Tuesday's additional top analyst upgrades and downgrades included Cracker Barrel, Farfetch, Intel, Kodiak Sciences, Pinterest, Snowflake, Teladoc and more. Search: Transocean Merger Rumors. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4. 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. Transocean Inc. (RIG) and GlobalSantaFe Corp. (GSF) said Monday they will merge in an all-stock deal. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! 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. Transocean owns and operates a fleet of 48 mobile offshore drilling units that offer services for energy companies. 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. As they say, 'price follows volume'. Get 30 Days of MarketBeat All Access Free, Sign in to your free account to enjoy these benefits. Bhd., Transocean Drilling Services (India) Private Limited, Transocean Drilling U.K. Limited, Transocean Eastern Pte. This measure is expressed as a percentage. While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. Pursuant to Section 13 or 15 (d) of. Transocean Ltd.'s (NYSE:RIG) Intrinsic Value Is Potentially 45% Above Its Share Price, Transocean Ltd. Our daily ratings and market update email newsletter. In many ways, the market's action of repricing the offshore . The 1 week price change reflects the collective buying and selling sentiment over the short-term. Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). 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. 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% . Net Margin is defined as net income divided by sales. What is a Good Dividend Yield? Registrant's telephone number, including area code: +41 (22) 930-9000 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Ocean Rigs fleet is comprised of nine high-specification ultra-deepwater drillships and two harsh environment semisubmersibles. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. -0.02 (-0.27%) A ratio of 1 means a company's assets are equal to its liabilities. The company is scheduled to release its next quarterly earnings announcement on Monday, May 1st 2023. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. In this case, it's the cash flow growth that's being looked at. 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. 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. (1) Per Transoceans internal rig ranking model. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Sign-up to receive the latest news and ratings for Transocean and its competitors with MarketBeat's FREE daily newsletter. The longer-term perspective helps smooth out short-term events. 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. If the volume is too light, in absolute terms or for a relatively large position, it could be difficult to execute a trade. What Makes Transocean (RIG) a Strong Momentum Stock: Buy Now? Projected EPS Growth looks at the estimated growth rate for one year. The official website for the company is www.deepwater.com. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. The firm notes these levels are notably below the average day rates secured by Transocean, which would operate the fourth-largest overall . The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Transocean ( RIG) surged more than 18% today on news the company signed two new contracts. The 52 week price change is a good reference point. Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Cash Flow is a measurement of a company's health. 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. In the past three months, Transocean insiders have sold more of their company's stock than they have bought. It also anticipates an adjusted contract drilling revenue of $635 million and an approximate 15% rise . What is Jeremy D. Thigpen's approval rating as Transocean's CEO? Since 1988 it has more than doubled the S&P 500 with an average gain of +24.28% per year. TransOcean 2: Rivals - Update 1.2 available. Compare Top Brokerages Here. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. How were Transocean's earnings last quarter? 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. With this unparalleled fleet, the offshore drilling industrys largest and most profitable backlog totaling $12.5 billion, and approximately $3.7 billion in liquidity, we are well-equipped for the market recovery., Pankaj Khanna, President and Chief Executive Officer of Ocean Rig UDW Inc. commented: "This strategic combination of Ocean Rig and Transocean creates a world-class fleet perfectly positioned for the market recovery while reducing fragmentation that currently exists in offshore drilling. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. How good is it? Announces $392 Million Contract Award for Ultra-Deepwater Drillship. The merger between Noble Drilling and Maersk Drilling will create the world's third's largest offshore rig owner, with the combined company having 19 jackups, 15 drillships, and five semisubmersibles. 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. (844) 978-6257. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. After the P/E ratio, it's one of the most common valuation metrics. If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. $7.49 Transocean does not currently pay a dividend. Close Menu. So the PEG ratio tells you what you're paying for each unit of earnings growth. 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.) 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. Transocean Ltd. 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. 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. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. In general, a lower number or multiple is usually considered better that a higher one. Search: Csx Merger Rumors. The VGM score is based on the trading styles of Growth, VAlue, and Momentum. 12.29% of the stock of Transocean is held by insiders. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. 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. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. So be sure to compare it to its group when comparing stocks in different industries. This suggests that the stock has a possible downside of 16.5%. Baker Botts Lawyers/Offices Involved: Corporate: Doug Getten (Partner, Houston) and Jim Marshall (Partner, Houston) ABOUT BAKER BOTTS L.L.P. 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. 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. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. Transocean trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIG.". The Price to Sales ratio or P/S is calculated as price divided by sales. 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. A value greater than 1, in general, is not as good (overvalued to its growth rate). Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). What is Transocean's stock price forecast for 2023? Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. 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 . As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. Seeing a stock's EPS change over 1 week is important. Transocean has another $1.8 billion of notes due by year-end 2022 and $2.3 billion in 2023, and if the company fails to refinance the debt it "will face a genuine liquidity crisis," Green said. In general, the lower the ratio is the better. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. View which stocks are hot on social media with MarketBeat's trending stocks report. House, 4th Floor. 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). 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. 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. All of those stocks are classified into three groups: Sector, M Industry and X Industry. Is Transocean (RIG) Outperforming Other Oils-Energy Stocks This Year? 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 employs 5,530 workers across the globe. By PATRICK TOOHER, FINANCIAL MAIL ON SUNDAY PUBLISHED: 21:50, 28 January 2023 | UPDATED: 21:50, 28 January 2023 Oil giant Shell is set to unveil record profits of more than 30 billion as households and businesses grapple with sky-high energy bills. Like most ratios, this number will vary from industry to industry. It's also commonly referred to as a 'liquidity ratio'. 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 Sedco Forex Inc. is the world's largest offshore drilling contractor, with an equity market capitalization currently in excess of $12.0 billion. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. The proposed $18 billion merger of offshore oil and gas drilling contractors Transocean Inc <RIG.N> and GlobalSantaFe Corp <GSF.N> may spark consolidation, but opinion is split on whether the link . 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. 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. The income number is listed on a company's Income Statement. Momentum Style - Learn more about the Momentum Style. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. 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. 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 web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. This suggests that the stock has a possible downside of 21.3%. Search: Transocean Merger Rumors. These are five stocks for aggressive investors looking to get share count leverage on companies that have sizable upside potential. The analyst urged Transocean to use the current market crisis to address these issues with its customers. Wednesday's top analyst upgrades and downgrades included Amazon.com, Boeing, Carlyle, Frontline, Olin, Perrigo, Rocket Companies, Starwood Property Trust, Transocean andWW. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. No changes to Transoceans board of directors, executive management team, or corporate structure are anticipated as a result of the acquisition. On Monday, two U.S. discount airlines announced plans to merge. Transocean Inc. and GlobalSantaFe Corporation said that their boards of directors have unanimously approved a definitive agreement for a merger of equals. Bobby Willig, Meg Guerin-Calvert, Jay Ezrielev, David Fenichel and a Compass Lexecon team were retained by counsel for the parties to assist in an economic analysis of the merger of Transocean and GlobalSantaFe, two large oil and gas contractors. High institutional ownership can be a signal of strong market trust in this company. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). 55.16% of the stock of Transocean is held by institutions. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. One share of RIG stock can currently be purchased for approximately $7.51. Dear Community, the latest update for TransOcean 2: Rivals just set sail today! Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. Luigs and the midwater floater Songa Delta. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Get daily stock ideas from top-performing Wall Street analysts. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. To see all exchange delays and terms of use please see Barchart's disclaimer. Luigs Limited, GlobalSantaFe Denmark Holdings ApS, GlobalSantaFe Drilling (N.A.) Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. Multichannel News covers the cable television and telecommunications business focusing on finance, technology, broadband, and government activities for the worldwide multichannel industries. NASDAQ data is at least 15 minutes delayed. Others look for those that have lagged the market, believing those are the ones ripe for the biggest increases to come. Please log in to your account or sign up in order to add this asset to your watchlist. End date: 01/13 . The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. This is a medium-term price change metric. 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. 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. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. Our testing substantiates this with the optimum range for price performance between 0-20. American Consumer News, LLC dba MarketBeat 2010-2023. Zacks Rank Education -- Learn more about the Zacks Rank It is the most commonly used metric for determining a company's value relative to its earnings. 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 . A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. 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. During the same period in the previous year, the company posted ($0.19) EPS. 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. These two newbuilds are expected to be delivered in the third quarter of 2019 and the third quarter of 2020, respectively. FREE Breaking News Alerts from StreetInsider.com! The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. 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. Specifically, they have bought $0.00 in company stock and sold $698,560.00 in company stock. The respective items are ranked and graded into five groups: A, B, C, D and F. 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. If a company's expenses are growing faster than their sales, this will reduce their margins. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. Based upon closing prices for each. The transaction has been unanimously approved by the board of directors of each company. Announces Contract Awards and Extensions Totaling $488 Million, Transocean (RIG) Stock Tumbling as Oil Futures Sink, Oil Rig Action Moves Offshore and Overseas, Transocean Ltd. (NYSE:RIG) is favoured by institutional owners who hold 53% of the company, Transocean (RIG) Wins 2 Ultra-Deepwater Drillship Contracts, view top-rated stocks among Wall Street analysts. The company's mobile offshore drilling. Transocean intends to fund the cash portion of the transaction consideration through a combination of cash on hand and fully committed financing provided by Citi. 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. 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. Cash flow can be found on the cash flow statement. Upon completion of the merger, Transoceans and Ocean Rigs shareholders will own approximately 79% and approximately 21%, respectively, of the combined company. ROE values, like other values, can vary significantly from one industry to another. Here's a look at three companies reporting June-quarter earnings after markets close Monday, August 2. Identify stocks that meet your criteria using seven unique stock screeners. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. This is a longer-term price change metric. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. 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. This longer-term historical perspective lets the user see how a company has grown over time. Some investors seek out stocks with the best percentage price change over the last 52 weeks, expecting that momentum to continue. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. The company was founded in 1926 and is based in Steinhausen,. On average, they anticipate the company's stock price to reach $5.91 in the next year. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. View institutional ownership trends. 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 Transocean started at buy with $7.50 stock price target at Benchmark Jan. 19, 2023 at 6:30 a.m. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. 7:58 PM ET. 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,. Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities.