transocean merger rumors

The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. Bhd., R&B Falcon (U.K.) Limited, R&B Falcon B.V., R&B Falcon Deepwater (UK) Limited, R&B Falcon Drilling Co. LLC, R&B Falcon Exploration Co. LLC, R&B Falcon International Energy Services B.V., RBF Rig Corporation LLC, Ranger Insurance Limited, Reading & Bates Coal Co. LLC, SDS Offshore Limited, Safemal Drilling Sdn. A 'good' number would usually fall within the range of 1.5 to 3. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. 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. Ventura Makes Personal Testimony. The (F1) EPS Estimate Quarterly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last 12 weeks. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. Projected EPS Growth looks at the estimated growth rate for one year. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Momentum Style - Learn more about the Momentum Style. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. 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 A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. The recent price decline of 9.5% in Transocean Ltd.'s (NYSE:RIG) stock may have disappointed insiders who bought US$54m worth of shares at an average price of US$4.19 in the past 12 months.. 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. 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. All of those stocks are classified into three groups: Sector, M Industry and X Industry. How good is it? Seward & Kissel LLP is acting as legal advisor to Ocean Rig with respect to U.S. law. 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. It's used by investors as a measure of financial health. A higher number is better than a lower number. As the name suggests, it's calculated as sales divided by assets. As they say, 'price follows volume'. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. The PEG ratio is the P/E ratio divided by its growth rate. These returns cover a period from January 1, 1988 through January 2, 2023. The new company, which will operate under the Transocean name, will combine the largest. Santa Fe Supraco Indonesia, PT. Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. Home; Topics. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. N.V., GlobalSantaFe Drilling Company, GlobalSantaFe Drilling Company (North Sea) Limited, GlobalSantaFe Drilling Company (Overseas) Limited, GlobalSantaFe Drilling Mexico S. de R.L. On Monday, two U.S. discount airlines announced plans to merge. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. The Current Ratio is defined as current assets divided by current liabilities. Cash Flow is a measurement of a company's health. 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 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 industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. de C.V., GlobalSantaFe Drilling Operations Inc., GlobalSantaFe Drilling Services (North Sea) Limited, GlobalSantaFe Drilling Trinidad LLC, GlobalSantaFe Drilling Venezuela C.A., GlobalSantaFe Financial Services (Luxembourg) S.a.r.l., GlobalSantaFe Group Financing Limited Liability Company, GlobalSantaFe Holding Company (North Sea) Limited, GlobalSantaFe Hungary Services Limited Liability Company, GlobalSantaFe International Drilling Corporation, GlobalSantaFe International Drilling Inc., GlobalSantaFe International Services Inc., GlobalSantaFe Nederland B.V., GlobalSantaFe Offshore Services Inc., GlobalSantaFe Operations (Mexico) LLC, GlobalSantaFe Saudi Arabia Ltd., GlobalSantaFe Services (BVI) Inc., GlobalSantaFe Services Netherlands B.V., GlobalSantaFe Servicios de Venezuela C.A., GlobalSantaFe South America LLC, GlobalSantaFe Tampico S. de R.L. Vous pouvez modifier vos choix tout moment en cliquant sur le lien Tableau de bord sur la vie prive prsent sur nos sites et dans nos applications. The proposed acquisition of Ocean Rig provides us with a unique opportunity to continue enhancing our fleet of ultra-deepwater and harsh environment floaters, without compromising our liquidity or overall balance sheet flexibility, said Transoceans President and Chief Executive Officer, Jeremy Thigpen. Transocean is an existing investor in Nauticus Robotics and is investing in the PIPE. A higher number means the more debt a company has compared to its capital structure. Sandro Thoma Transocean Ltd. . Visit www.zacksdata.com to get our data and content for your mobile app or website. Their RIG share price forecasts range from $3.30 to $10.00. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. The consensus among Wall Street analysts is that investors should "buy" RIG shares. 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. This is a longer-term price change metric. 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. Pursuant to the terms of the Merger Agreement, a business combination between CLAQ and Nauticus was effected through the merger of Merger . 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. The offshore drilling services provider reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.19) by $0.30. 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. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. Like earnings, a higher growth rate is better than a lower growth rate. What other stocks do shareholders of Transocean own? Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). They read the articles and then traced the articles back to the article that . 8 brokerages have issued 12 month target prices for Transocean's shares. 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. A P/B of 0.5 means its selling at half its book value. The merger is not subject to any financing condition. Jan 7, 2021. The company's average rating score is 2.50, and is based on 4 buy ratings, 4 hold ratings, and no sell ratings. The transaction has been unanimously approved by the board of directors of each company. Volume is a useful item in many ways. High institutional ownership can be a signal of strong market trust in this company. 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. Wednesday's top analyst upgrades and downgrades included Adobe, Apple, FedEx, HCA Healthcare, Kraft Heinz, Peloton Interactive, Sirius XM, Tesla, Transocean and Veeco Instruments. This puts Jeremy D. Thigpen in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. M&A Summary Buy vs Sell +5 Most Recent M&A M&A by Sector By Geo

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transocean merger rumors