Investor Insights

This summary was created by AI, based on 3 opinions in the last 12 months.

Experts have mixed views on Transocean Inc. (RIG-N). Some see it as having high debt but are paying it down from free cashflow, with rig counts on the rise. It is seen as a high beta name to own when oil prices are stable, with a 12-ish% free cashflow yield. Others believe that given the high spot price of oil, it is a high-beta oil stock to consider. It is also considered the highest paid way to play oil. Overall, opinions are divided on the stock's prospects.

Consensus
Mixed
Valuation
Fair Value
BUY
Transocean Inc.

They report later today, but he's not interest in that, but rather the conference call about how tight the market is for deep-drilling rigs. He thinks it's a matter of when, not if, their rigs will be reactivated.

oil / gas field services
RISKY
Transocean Inc.

High debt, which they are paying down from free cashflow. Rig counts are up, a big milestone. Super-duper, high beta name to own when oil's not falling 5% in a day. Be strategic when to add. 12-ish% free cashflow yield, but see his Top Picks for a more compelling name.

oil / gas field services
BUY
Transocean Inc.

Given the high spot price of oil now, you need to go to a high-beta oil name to capture a return.

oil / gas field services
BUY
Transocean Inc.

It's the highest paid way to play oil.

oil / gas field services
WATCH
Transocean Inc.
Transocean is highly risky, but if these day rates continue to rise on oil rigs, this will be many multiples of its current share price. That said, they have an upside-down balance sheet. Don't rush into this. Do your homework.
oil / gas field services
BUY
Transocean Inc.
options action It's trading at $462. There was a buyer of 13,000 of the April 22 5 calls. What followed was six other energy companies had unusual options. He is overloaded in the energy space, but he added to his RIG calls.
oil / gas field services
SELL ON STRENGTH
Transocean Inc.

A very choppy chart. Trade it. It's on the upswing now, so be ready to unload it.

oil / gas field services
DON'T BUY
Transocean Inc.

It's stuck below $10. Flatlined for so long. Wouldn't buy it.

oil / gas field services
DON'T BUY
Transocean Inc.

This is definitely on the whippy end of the spectrum for drillers. Ultimately, you really have to believe that energy is turning. He doesn’t see sufficient evidence to make that claim.

oil / gas field services
COMMENT
Transocean Inc.

The whole energy complex is falling today. There are concerns that people priced in too much growth in some of the pro-growth policies Mr. Trump wants to push, which are going to come later and more diluted. However, this is a survivor in energy and is the go-to company when it comes to deep-water drilling. Energy prices are still too cheap, and over the long haul they are going to drift higher, and this company will be a beneficiary. You could use pullbacks like this to add to your position.

oil / gas field services
DON'T BUY
Transocean Inc.

It is a rig company and so is suffering badly. It is bleeding cash right now. It is too early to get into the oil related sector and this is a risky type of company.

oil / gas field services
WEAK BUY
Transocean Inc.

One issue with these companies is where does oil go? This was trading at some value below the value of their actual rigs out there. He believes oil will be higher over the longer-term and this is a good company. If you compare the volatility over the next little while, it will do well and you can see a reasonable rate of return on it. Probably worth buying at these levels.

oil / gas field services
DON'T BUY
Transocean Inc.

These stocks have been hammered down because they are dependent on others. This is well-run and there has been some consolidation. Expects there will be some near-term negatives before you see the ultimate positives.

oil / gas field services
WAIT
Transocean Inc.

Big in offshore drilling. You could make a case that the value of the rigs is worth more than the share price right now. Oil/gas business is in a difficult environment, especially on the offshore side where costs are much higher. Expects oil will go down a little bit more when you will have a better opportunity to buy it.

oil / gas field services
SELL
Transocean Inc.

As of last week, this traded under his EVB -3 at $24.61 and is now down to $19.90. His strategy suggests that there will be some large write-offs coming. The dividend is not safe.

oil / gas field services
Showing 1 to 15 of 79 entries

Transocean Inc.(RIG-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 4

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 4

Stockchase rating for Transocean Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Transocean Inc.(RIG-N) Frequently Asked Questions

What is Transocean Inc. stock symbol?

Transocean Inc. is a American stock, trading under the symbol RIG-N on the New York Stock Exchange (RIG). It is usually referred to as NYSE:RIG or RIG-N

Is Transocean Inc. a buy or a sell?

In the last year, 4 stock analysts published opinions about RIG-N. 4 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Transocean Inc..

Is Transocean Inc. a good investment or a top pick?

Transocean Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for Transocean Inc..

Why is Transocean Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Transocean Inc. worth watching?

4 stock analysts on Stockchase covered Transocean Inc. In the last year. It is a trending stock that is worth watching.

What is Transocean Inc. stock price?

On 2024-05-24, Transocean Inc. (RIG-N) stock closed at a price of $5.77.