Transocean logged a -1.5% change during today's afternoon session, and is now trading at a price of $8.13 per share. On average, analysts give it a target price of $7.62.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The mid-cap company is based in Switzerland.
Make Sure to Consider the Following Before Buying Transocean:
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RIG has a forward P/E ratio of 18.9 based on its EPS guidance of 0.43.
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Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 10.4%.
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The company has a price to earnings growth (PEG) ratio of -0.06.
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Its Price to Book (P/B) ratio is 0.58
Transocean Has Irregular Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-12-31 | 448,000 | -717,000 | -269,000 | -173.3 |
| 2021-12-31 | 575,000 | -208,000 | 367,000 | 175.94 |
| 2020-12-31 | 398,000 | -265,000 | 133,000 | 382.98 |
| 2019-12-31 | 340,000 | -387,000 | -47,000 | n/a |
Transocean's free cash flows have a decent average of $46.0 Million over the last 4 years, but they are highly variable since their coefficient of variability is 586.7%. The compounded average growth rate over this period is -54.7%.
