Of note is the ratio of Transocean Ltd's sales and general administrative expense to its total operating expenses; just 5.28% of US stocks have a lower such ratio.
In terms of volatility of its share price, RIG is more volatile than 95.06% of stocks we're observing.
Transocean Ltd's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 31.92%, greater than the shareholder yield of 91.81% of stocks in our set.
Stocks that are quantitatively similar to RIG, based on their financial statements, market capitalization, and price volatility, are RVI, CBL, SBRA, GLOP, and ENBL.
Transocean Ltd. is a provider of offshore contract drilling services for oil and gas wells. The company focuses on deepwater and harsh environment drilling services. The company was founded in 1953 and is based in Vernier, Switzerland.
Shares of Transocean LTD (NYSE: RIG ) traded slightly higher on Wednesday, but the stock has been among the worst performers in the market so far in 2020. Unfortunately for Transocean investors, even with the stock down 72% year to date, at least one option trader made a big bet that there’s more downside ahead in the coming weeks as oil prices remain depressed. The Transocean Trades On Wednesday morning, Benzinga Pro subscribers received two option alerts related to unusually large Transocean option trades: At 11:21 a.m. ET, a trader bought 10,000 Transocean put options with a $3 strike price expiring on Aug. 21. The contracts were purchased at the ask price at $1.301 and represented a $1.3 million bearish bet. Less than a minute later, a trader bought 361 Transocean put options with a...
The oil and gas producer filed for Chapter 11 bankruptcy protection in a South Texas court on Sunday, after the company and its creditors agreed on the outlines of a restructuring plan that would eliminate $7 billion of debt. Chesapeake (ticker: CHK) plans to sell $600 million of new shares to a group of fund managers as part of that deal; its market capitalization was $116 million as of June 26, so the share sale will sharply devalue current shareholders’ stakes in the company. The stock was halted on Monday, and NYSE said it has started delisting proceedings, though the company said it believes that its shares will continue to trade through the process.
Technavio has been monitoring the offshore drilling rigs market and it is poised to grow by $ 3.92 bn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200624005643/en/ Technavio has announced its latest market research report titled Global Offshore Drilling Rigs Market 2020-2024 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact The market is fragmented, an...
In this article we will check out the progression of hedge fund sentiment towards Transocean Ltd (NYSE:RIG) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given