Of note is the ratio of Transocean Ltd's sales and general administrative expense to its total operating expenses; just 5.98% of US stocks have a lower such ratio.
In terms of volatility of its share price, RIG is more volatile than 89.5% 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 41.07%, greater than the shareholder yield of 93.82% of stocks in our set.
Stocks that are quantitatively similar to RIG, based on their financial statements, market capitalization, and price volatility, are DHT, PENN, CLI, WTRH, and MGI.
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.
Image: Deepwater Invictus. Source: Vessel Finder Investment Thesis Transocean (NYSE: RIG) has been struggling for many years, and I have witnessed its slow financial deterioration on Seeking Alpha since February 2014. Initially, I considered Transocean's business model bulletproof on account of its massive backlog, which is still over $8 billion...
In June, I wrote an article in which I analyzed why Transocean (RIG) is likely to follow the fate of its peers Seadrill, Diamond Offshore, Noble Corporation and Valaris and restructure. Since then, the stock has plunged 55%. I have written many other bearish articles on this stock over the...
Aristofanis Papadatos on Seeking Alpha | September 25, 2020
If a stock has been going up, up, up, lots of investors jump on board right away, expecting a big payday as the share price continues to climb. Likewise, if a stock has crashed, lots of investors will jump on board right away, expecting a big payday as the share price recovers. Three stocks that have made big moves recently include Transocean (NYSE: RIG), General Electric (NYSE: GE), and Tesla (NASDAQ: TSLA).