Transocean Inc.

RIG-N

NYSE:RIG

1.90
0.12 (5.94%)
Transocean Ltd. is one of the world's largest offshore drilling contractors and is based in Vernier, Switzerland.
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Analysis and Opinions about RIG-N

Signal
Opinion
Expert
COMMENT
COMMENT
September 11, 2013

From a drilling point of view, there is a decent backlog. Day rates are very expensive right now and for the ultra deep rigs there is a bit of a shortage. This is a sector that he is looking at. It tends to be a trade because it is highly cyclical.

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Transocean Inc. (RIG-N)
September 11, 2013

From a drilling point of view, there is a decent backlog. Day rates are very expensive right now and for the ultra deep rigs there is a bit of a shortage. This is a sector that he is looking at. It tends to be a trade because it is highly cyclical.

DON'T BUY
DON'T BUY
July 25, 2012
Regarding oil, he sees Brent closing the year at around $100 and WTI somewhere in the $90 range. Ultra deep water drillers are able to book in a little bit better rates so he sees better opportunities for drillers like Diamond Offshore (DO-N) or Ensco (ESV-N), which are trading at better valuations.
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Regarding oil, he sees Brent closing the year at around $100 and WTI somewhere in the $90 range. Ultra deep water drillers are able to book in a little bit better rates so he sees better opportunities for drillers like Diamond Offshore (DO-N) or Ensco (ESV-N), which are trading at better valuations.
DON'T BUY
DON'T BUY
May 9, 2012
Just sold his position. Has been quite disappointed in management for several months. Mid-2011 declared a very large dividend, distributing cash to shareholders and then went out and raised cash. This didn't make a lot of sense. (See Top Picks.)
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Just sold his position. Has been quite disappointed in management for several months. Mid-2011 declared a very large dividend, distributing cash to shareholders and then went out and raised cash. This didn't make a lot of sense. (See Top Picks.)
BUY
BUY
April 10, 2012
Generally likes this one. Most of the oil globally is held by foreign governments or oil companies that don't want the West involved. What they do want is the service company technology. This is one of the larger providers of oil rigs globally.
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Transocean Inc. (RIG-N)
April 10, 2012
Generally likes this one. Most of the oil globally is held by foreign governments or oil companies that don't want the West involved. What they do want is the service company technology. This is one of the larger providers of oil rigs globally.
WAIT
WAIT
January 11, 2012
A frustrating experience for everyone. One thing after another. There is a disconnect between commodities and underlying stocks and it is frustrating for holders of oil services stocks. It is about confidence. Thinks it is bottoming.
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Transocean Inc. (RIG-N)
January 11, 2012
A frustrating experience for everyone. One thing after another. There is a disconnect between commodities and underlying stocks and it is frustrating for holders of oil services stocks. It is about confidence. Thinks it is bottoming.
COMMENT
COMMENT
December 1, 2011
You're going to get very good volatility in this name. It does look cheap and technically it might look interesting but he doesn't know what is going on and as a right now. Probably has too much debt.
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Transocean Inc. (RIG-N)
December 1, 2011
You're going to get very good volatility in this name. It does look cheap and technically it might look interesting but he doesn't know what is going on and as a right now. Probably has too much debt.
STRONG BUY
STRONG BUY
November 23, 2011
Has been a "tough own". 139 Drilling vessels. They are well positioned for the type of drilling that will dominate over the next few years.
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Transocean Inc. (RIG-N)
November 23, 2011
Has been a "tough own". 139 Drilling vessels. They are well positioned for the type of drilling that will dominate over the next few years.
PAST TOP PICK
PAST TOP PICK
October 24, 2011
(Top Pick Oct 20/10, Down 38%) Over intermediate and longer term we are going to have a greater and greater need for oil. One of the largest companies in the area.
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Transocean Inc. (RIG-N)
October 24, 2011
(Top Pick Oct 20/10, Down 38%) Over intermediate and longer term we are going to have a greater and greater need for oil. One of the largest companies in the area.
DON'T BUY
DON'T BUY
October 12, 2011
Sold around $72. Price never recovered. Demand / supply is still rather soft. Some headline risk with lawsuits.
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Transocean Inc. (RIG-N)
October 12, 2011
Sold around $72. Price never recovered. Demand / supply is still rather soft. Some headline risk with lawsuits.
SELL
SELL
August 24, 2011
Is supposed to holdup on this whole cap X cycle but is has not held up. Canada is well positioned to participate in the cap X cycle. Swap into a Canadian oil rig company.
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Transocean Inc. (RIG-N)
August 24, 2011
Is supposed to holdup on this whole cap X cycle but is has not held up. Canada is well positioned to participate in the cap X cycle. Swap into a Canadian oil rig company.
PAST TOP PICK
PAST TOP PICK
July 7, 2011
(A Top Pick June 23/10. Up 19.32%.) Still a Buy at these levels.
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(A Top Pick June 23/10. Up 19.32%.) Still a Buy at these levels.
PAST TOP PICK
PAST TOP PICK
June 8, 2011
(Top Pick Jun 10/10, Up 45.68) It was discounting a wild liability. Sold about $55 after a month and a half.
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(Top Pick Jun 10/10, Up 45.68) It was discounting a wild liability. Sold about $55 after a month and a half.
HOLD
HOLD
June 6, 2011
By end of year oil could be $125 oil. Thinks you will have demand destruction in N.A. and Europe but growth in developing nations. Problems with the gulf are essentially behind them.
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By end of year oil could be $125 oil. Thinks you will have demand destruction in N.A. and Europe but growth in developing nations. Problems with the gulf are essentially behind them.
PAST TOP PICK
PAST TOP PICK
March 30, 2011
(Top Pick Mar 30/10, Down 3.75%)
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Transocean Inc. (RIG-N)
March 30, 2011
(Top Pick Mar 30/10, Down 3.75%)
BUY
BUY
February 2, 2011
Transocean (RIG-N), Halliburton (HAL-N) or BP (PB-N)? Even though Transocean has recovered well in share price after the BP spill, thinks there is more opportunity for recovery with this one.
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Transocean Inc. (RIG-N)
February 2, 2011
Transocean (RIG-N), Halliburton (HAL-N) or BP (PB-N)? Even though Transocean has recovered well in share price after the BP spill, thinks there is more opportunity for recovery with this one.
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