transocean merger rumors transocean merger rumors

GRAND CAYMAN, Cayman Islands, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), ("Ocean Rig" or the "Company"), an international contractor of offshore deepwater drilling. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. -0.02 (-0.27%) 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, subject to, subject to the approval of both Transocean and Ocean Rig shareholders and the satisfaction of customary A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. End date: 01/13 . Baker Botts Lawyers/Offices Involved: Corporate: Doug Getten (Partner, Houston) and Jim Marshall (Partner, Houston) ABOUT BAKER BOTTS L.L.P. Transocean Inc. and GlobalSantaFe Corporation said that their boards of directors have unanimously approved a definitive agreement for a merger of equals. It is the most commonly used metric for determining a company's value relative to its earnings. Above 1 means it assets are greater than its liabilities. Transocean has only been the subject of 3 research reports in the past 90 days. All of those stocks are classified into three groups: Sector, M Industry and X Industry. High institutional ownership can be a signal of strong market trust in this company. Learn more about Zacks Equity Research reports. mesurer votre utilisation de nos sites et applications. Cash Flow is a measurement of a company's health. Seeing a stock's EPS change over 1 week is important. A ratio of 2 means its assets are twice that of its liabilities. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. There are currently 4 hold ratings and 4 buy ratings for the stock. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. 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. 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. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. This represents a 20.4% premium to Ocean Rigs ten-day volume weighted average share price. ROE is always expressed as a percentage. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. So be sure to compare it to its group when comparing stocks in different industries. Here's a preview of what to expect when these three firms report quarterly results after markets close Tuesday afternoon. This longer-term historical perspective lets the user see how a company has grown over time. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. 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. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, 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 srocks with the highest probability of success. Date of report (date of earliest event reported): February 15, 2023 . Transocean will pay approximately $2 He has had recent activist campaigns at Sandridge, Energen and Occidental Petroleum and had previously ousted Michael Talbert, the chairman of Transocean Ltd The Deal Icahn has publicly offered $15 a share for Commercial Metals, an offer that totals about $1 Below is a list of employers that have announced significant changes to their defined benefit . Cause: In accordance with the terms of the merger agreement, each outstanding ordinary share of Transocean immediately prior to the effective time of the merger was reclassified into (1) 0.6996 . In many ways, the market's action of repricing the offshore . A P/B of 0.5 means its selling at half its book value. Transocean Ltd. Analyst Contact Alison Johnson Senior Manager, Investor Relations +1-713-232-7214 Media Contact Pam Easton Manager, Legal Projects and Communications +1-713-232-7647 Home News Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship Accordingly, the company's. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. M&A Summary Buy vs Sell +5 Most Recent M&A M&A by Sector By Geo Growth Style - Learn more about the Growth Style. The median P/B ratio for stocks in the S&P is just over 3. 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. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. 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. Our testing substantiates this with the optimum range for price performance between 0-20. Both floaters are currently stacked. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. (844) 978-6257. On 11/27/07, Transocean Inc. [RIG] completed the reclassification of its stock and the merger transaction with GlobalSantaFe Corporation [GSF]. Upon completion of the merger, Transoceans and Ocean Rigs shareholders will own approximately 79% and approximately 21%, respectively, of the combined company. The merger cleared the DOJ after Compass . This includes personalizing content and advertising. 57 employees have rated Transocean Chief Executive Officer Jeremy D. Thigpen on Glassdoor.com. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. One share of RIG stock can currently be purchased for approximately $7.51. These two newbuilds are expected to be delivered in the third quarter of 2019 and the third quarter of 2020, respectively. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. 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. 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. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. The merger is not subject to any financing condition. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. 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 Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. For example, a regional bank would be classified in the Finance Sector. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. The firm notes these levels are notably below the average day rates secured by Transocean, which would operate the fourth-largest overall . The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. For one, part of trading is being able to get in and out of a stock easily. Transocean is a provider of offshore contract drilling services for energy companies, owning and operating among versatile fleets with a particular focus on deepwater and harsh-environment drilling. Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now? Transocean-GlobalSantaFe Merger. The company's revenue for the quarter was down 2.4% compared to the same quarter last year. FREE Breaking News Alerts from StreetInsider.com! A ratio of 1 means a company's assets are equal to its liabilities. Transocean Sedco Forex Inc. is the world's largest offshore drilling contractor, with an equity market capitalization currently in excess of $12.0 billion. Bhd., Transocean Drilling Services (India) Private Limited, Transocean Drilling U.K. Limited, Transocean Eastern Pte. A D/E ratio of 1 means its debt is equivalent to its common equity. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. 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. It also enables us to reduce our cost per active rig, as we believe that we can efficiently merge the Ocean Rig operations into our existing structure with limited incremental shore-based expense. The monthly returns are then compounded to arrive at the annual return. afficher des publicits et des contenus personnaliss en fonction de vos profils de centres dintrt; mesurer lefficacit des publicits et contenus personnaliss; et. We use cookies to understand how you use our site and to improve your experience. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. See rankings and related performance below. 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. 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. 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. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, 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. Transocean Inc. (RIG) and GlobalSantaFe Corp. (GSF) said Monday they will merge in an all-stock deal. Luigs and the midwater floater Songa Delta. A higher number is better than a lower number. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. September 19, 2007. Projected EPS Growth looks at the estimated growth rate for one year. To learn more, click here. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. The rigs will be classified as held for sale and will be recycled in an environmentally responsible manner. How were Transocean's earnings last quarter? By adding our high-specification floaters to Transocean's industry-leading fleet, the combined company will have the offshore industrys largest and most technically capable fleet of ultra-deepwater and harsh environment floaters. A P/B of 2 means it's selling at 2 times its book value. TransOcean 2: Rivals - Update 1.2 available. Transocean trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIG.". Transocean Ltd. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. If, on the other hand, it went from $1.00 to 90 cents, that would be a -10% change in the consensus estimate revision. Additionally, its fleet includes two high-specification ultra-deepwater drillships currently under construction at Samsung Heavy Industries with favorable shipyard financing terms. The Company will remain headquartered in Steinhausen, Switzerland, with significant operating presence in Houston, Texas, Aberdeen, Scotland and Stavanger, Norway. 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. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. 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 52 week price change is a good reference point. 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. It's also commonly referred to as a 'liquidity ratio'. 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. 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. Transocean wins rig contract with TotalEnergies for work offshore Suriname Published 14 October 2022 19:55 GMT Rigs and Vessels Norway: Wintershall and OMV charter rig for minimum $437 million. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Enterprise Value (EV) is Market Capitalization + Debt - Cash. Transocean's stock is owned by a variety of retail and institutional investors. Bhd., Songa Offshore Management Limited, Songa Offshore Pte. Search: Transocean Merger Rumors. Luigs Limited, GlobalSantaFe Denmark Holdings ApS, GlobalSantaFe Drilling (N.A.) So the PEG ratio tells you what you're paying for each unit of earnings growth. 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. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Search: Csx Merger Rumors. Si vous souhaitez personnaliser vos choix, cliquez sur Grer les paramtres de confidentialit. Transocean Ltd. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. 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. STEINHAUSEN, Switzerland, May 03, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $99 million, $0.16 per diluted share, for. In general, the lower the ratio is the better. The offshore drilling services provider had revenue of $606 million for the quarter, compared to the consensus estimate of $620.89 million. Once again, cash flow is net income plus depreciation and other non-cash charges. dvelopper et amliorer nos produits et services. 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. The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. Transocean shares have a 52-week. The Price to Sales ratio or P/S is calculated as price divided by sales. RIG News Today | Why did Transocean stock go up today? Should I buy or sell Transocean stock right now? 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.) If you wish to go to ZacksTrade, click OK. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. This is also commonly referred to as the Asset Utilization ratio. Wednesday's top analyst upgrades and downgrades included Amazon.com, Boeing, Carlyle, Frontline, Olin, Perrigo, Rocket Companies, Starwood Property Trust, Transocean andWW. What Makes Transocean (RIG) a Strong Momentum Stock: Buy Now? below): Written communications pursuant to Rule 425 under . As the name suggests, it's calculated as sales divided by assets. It is essentially the inverse of the P/E ratio. Ltd., Songa Offshore Rig 2 AS, Songa Offshore Rig 3 AS, Songa Offshore SE, Songa Offshore SE, Songa Offshore Saturn Limited, Songa Offshore T & P Cyprus Limited, Songa Saturn Chartering Pte. During the same period in the previous year, the company posted ($0.19) EPS. The Price to Earnings ratio or P/E is price divided by earnings. -- Equal representation on 14-member board, chaired by Robert E. Rose. This includes measuring aspects of the Income Statement, Statement of Cash Flows, the Balance Sheet, and more. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Growth of $10,000.00. Transocean started at buy with $7.50 stock price target at Benchmark Jan. 19, 2023 at 6:30 a.m. It's calculated as earnings divided by price. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. Transocean (NYSE:RIG) Shares Gap Down to $6.75, Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4, Recent 3.7% pullback isn't enough to hurt long-term Transocean (NYSE:RIG) shareholders, they're still up 91% over 1 year, Transocean (NYSE:RIG) Price Target Increased to $6.00 by Analysts at Susquehanna, Transocean (NYSE:RIG) PT Lowered to $6.00, Transocean (NYSE:RIG) Stock Price Down 12.7% Following Weak Earnings, Transocean (RIG) Q4 2022 Earnings Call Transcript, BREAKING: Tiny biotech successfully treats blindness, Transocean (RIG) Reports Q4 Loss, Lags Revenue Estimates. A P/S ratio of 2 means you're paying $2 for every $1 of sales the company makes. 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. 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. Transocean (NYSE:RIG) has a market capitalization of $5.45 billion and generates $2.58 billion in revenue each year. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. Transocean (RIG) is a Great Momentum Stock: Should You Buy? A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. It measures a company's ability to pay short-term obligations. Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. The transaction consideration is comprised of 1.6128 newly issued shares of Transocean plus $12.75 in cash for each share of Ocean Rigs common stock, for a total implied value of $32.28 per Ocean Rig share, based on the closing price on August 31, 2018. The company's press release can be found here. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Jeremy D. Thigpen has an approval rating of 60% among the company's employees. But, typically, an aggressive growth trader will be interested in the higher growth rates. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. Volume is a useful item in many ways. Transocean (RIG) Announces $488 Million Addition to Backlog. Their RIG share price forecasts range from $3.30 to $10.00. Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. A value under 20 is generally considered good. 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. Specifically, they have bought $0.00 in company stock and sold $698,560.00 in company stock. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Growth traders and investors will tend to look for growth rates of 20% or higher. Value Style - Learn more about the Value Style. Citi is acting as exclusive financial advisor to Transocean, and King & Spalding LLP is acting as legal advisor to Transocean with respect to U.S. law. On Monday, two U.S. discount airlines announced plans to merge. Transocean (RIG) Incurs Wider-Than-Expected Loss in Q4. This situation forced Seadrill to suspend its dividend, while Transocean (RIG 0.86%) and Ensco slashed their shareholder payouts by 80%. It was another weak fleet status with an added backlog below $100 million, showing that the offshore drilling industry has not. The merger pairs Sedco Forex's 44 offshore drilling rigs with Transocean Offshore's 31 rigs, for combined operations in the North Sea, the Gulf of Mexico, Southeast Asia, West Africa and Brazil. 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. The Daily Price Change displays the day's percentage price change using the most recently completed close. Like most ratios, this number will vary from industry to industry. What is Transocean's stock price forecast for 2023? In this case, it's the cash flow growth that's being looked at. 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. Here's a look at three companies reporting June-quarter earnings after markets close Monday, August 2. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). Zacks Style Scores Education - Learn more about the Zacks Style Scores. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. Santa Fe Supraco Indonesia, PT. Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more! Cash flow can be found on the cash flow statement. The Current Ratio is defined as current assets divided by current liabilities. Export data to Excel for your own analysis. 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. 8 brokerages have issued 12 month target prices for Transocean's shares. Is Transocean (RIG) Outperforming Other Oils-Energy Stocks This Year? Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. 8. Announces Pricing of $1.175 Billion of Senior Secured Notes due 2030. A high percentage of insider ownership can be a sign of company health. The merger is not subject to any financing condition. GRAND CAYMAN, Cayman Islands, Nov. 29, 2018 (GLOBE NEWSWIRE) -- Ocean Rig UDW Inc. (NASDAQ:ORIG), ("Ocean Rig" or the "Company"), an international contractor of offshore deepwater drilling services, today announced that its shareholders have approved the merger of the Company with Transocean Ltd. ("Transocean") by which, upon the closing of the merger, Ocean Rig will become a . This is also referred to as the cash yield. No changes to Transoceans board of directors, executive management team, or corporate structure are anticipated as a result of the acquisition. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Transocean's stock was trading at $4.56 at the start of the year. Transocean Ltd. (RIG) NYSE - NYSE Delayed Price. Snowflake Reports Weak Guidance: Is the Growth Snowflake Melting? Transocean does not currently pay a dividend. Announces Proposed Private Offering of $500 Million of Secured Notes Due 2028, Transocean Ltd. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. 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. On average, they anticipate the company's stock price to reach $5.91 in the next year. Transocean Ltd.'s (NYSE:RIG) Intrinsic Value Is Potentially 45% Above Its Share Price, Transocean Ltd. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. And like the P/E ratio, a lower number is typically considered 'better' than a higher number.