Stock Price Forecast
The 11 analysts offering 12-month price forecasts for Transocean Ltd have a median target of 4.50, with a high estimate of 6.00 and a low estimate of 3.00. The median estimate represents a -0.44% decrease from the last price of 4.52.
Similarly, Is Transocean stock a buy?
Summary. Transocean is in a speculative buy zone, and has some unique characteristics that will lift rig rates modestly over the next year. Oil prices are currently very supportive for higher rig rates, and if we get above $80 a bbl for Brent sustainably, could create lift in demand.
Is RIG a buy right now? RIG is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. Investors should also recognize that RIG has a P/B ratio of 0.22.
Thereof, Does RIG pay a dividend?
The current TTM dividend payout for Transocean (RIG) as of April 08, 2022 is $0.00. The current dividend yield for Transocean as of April 08, 2022 is 0.00%. Transocean LTD., formerly Transocean Inc., is an international provider of offshore contract drilling services for oil and gas wells.
How high does IDEX go?
IDEX stock hit a 2022 high of $1.44 in early January and a low of $0.87 later in the same month. In 2021 its stock price ranged from 88 cents to $5.53. In an interview with Capital.com, Vinod Jain, senior analyst at Aite-Novarica Group, said “the stock could see more volatility due to its current price point”.
Does Schlumberger own Transocean?
Schlumberger shareholders will own about 52% of the combined drilling company, while Transocean shareholders will have the rest. In New York Stock Exchange composite trading Monday, shares of Transocean rose 87.5 cents to close at $29.875, while shares of Schlumberger rose 50 cents to close at $64.8125.
Why is Transocean stock so low?
Given the situation, it is not very clear why Transocean’s stock is trading that low. After all, Transocean is an offshore oil driller. Its revenue and therefore the stock price relies heavily on the oil prices. Big Oil invests heavily in offshore drilling contracts if it is profitable for them to do so.
What is Transocean company?
Transocean Ltd. is an American company. It is the world’s largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, Scotland, India, Brazil, Singapore, Indonesia, and Malaysia.
Does Transocean Ltd pay a dividend?
Transocean (NYSE: RIG) does not pay a dividend.
Is Ideanomics a Chinese company?
IDEX Stock and the Chinese EV Business
But it’s important to remember what Ideanomics’ Chinese EV business is at the moment. It’s a reseller. It buys vehicles in bulk and sells them individually, earning a spread in the process.
Is it good to buy IDEX stock?
Is IDEX a Good Stock to Buy? In my judgment, IDEX is a good stock to buy at current prices. It is relatively cheap compared to other EV car companies such as Nio and Tesla. In addition, it is racking up strategic partnerships along the way, making it a competitive player in a post-fossil-fuel-driven world.
Is IDEX undervalued?
PB vs Industry: IEX is overvalued based on its PB Ratio (5.3x) compared to the US Machinery industry average (2.4x).
Who is the largest offshore drilling company?
The world’s biggest offshore drilling companies
- Schlumberger – $32.8bn. …
- Halliburton – $23.99bn. …
- Baker Hughes – $22.9bn. …
- Petrofac – $5.83bn. …
- Weatherford – $5.74bn. …
- China Oilfield Services Limited (COSL) – $3.17bn. …
- Nabors Offshore – $3.05bn. …
- Transocean – $3.01bn.
Is Transocean an American company?
Transocean Ltd. is an American company. It is the world’s largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, Scotland, India, Brazil, Singapore, Indonesia, and Malaysia.
Where is Transocean located in USA?
Company Description: Transocean Offshore USA Inc. is located in Houston, TX, United States and is part of the Support Activities for Mining Industry.
What happened to Transocean?
Transocean ( RIG -3.19% ) fell 20% in July as lower oil prices soured investor sentiment on oil production and exploration stocks. No bad news came out in the month about Transocean, specifically, but lower-than-expected crude oil prices could threaten the company’s financial performance in the coming quarters.
Who are Transocean competitors?
Transocean’s top competitors include Aban Offshore, Borr Drilling, Energold Drilling, Noble, Oceaneering and Loews.
Who did Transocean buy?
In May, Transocean Ltd. acquired Songa Offshore SE. The acquisition added seven floaters, four of which were high specification harsh environment.
How much do Transocean employees make?
Transocean Offshore Inc Jobs by Salary
| Job Title | Range | Average |
|---|---|---|
| Senior Accountant | Range:$63k – $96k (Estimated *) | Average:$78,157 |
| Drilling Engineer | Range:$54k – $196k (Estimated *) | Average:$120,274 |
| Health Safety Advisor | Range:$65k – $124k (Estimated *) | Average:$91,105 |
| Subsea Engineer | Range:$100k – $218k (Estimated *) | Average:$144,401 |
• 17 févr. 2020
Does Ideanomics have a future?
Ideanomics is bordering on breakeven, according to some American Machinery analysts. They anticipate the company to incur a final loss in 2023, before generating positive profits of US$11m in 2024. The company is therefore projected to breakeven around 2 years from today.
Where is Ideanomics based?
The company is headquartered in New York, NY, with global operations in the U.S., China, Ukraine, Malaysia, and UK.
Who is the owner of Ideanomics?
History. The company was founded in 2004 by Shane McMahon who currently also serves as the chairman. Alf Poor is the incumbent chief executive officer serving since February 2019.
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