Broker recommendations for Transocean Ltd.
The Transocean Ltd. stock is rated at 2.217391 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Tuesday 4 August, 2020 by a total of 23 brokers. This means that the consensus of the 23 different brokers is leaning toward to hold/moderate sell.
Sell
7 (30.43%) Underweight
2 (8.7%) Hold
11 (47.83%) Overweight
0 (0%) Buy
3 (13.04%)
Price target by analysts
The 18 latest analyst estimates, per Sunday 9 August, 2020, show the following high, low and average price targets.
Target Average: 1.75 USD
Target High: 5 USD
Target Low: 0.1 USD
2020: Fossil fuels are dead, long live the sun
Thursday, 13 August 2020, 09:15:00
2020: Fossil fuels are dead, long live the sun Hunter Lovins Thu, 08/13/2020 – 00:15 We’re female entrepreneurs and environmentalists. We’ve spent decades promoting clean energy technologies. In this strangest of all years, as the death toll mounts from a disease caused by human incursions into once intact ecosystems, we’re observing another death — the demise of fossil fuels. Is that possible? Consider this: In April, Royal Dutch Shell, one of the largest companies in the world, announced its intent to become a net-zero carbon company by 2050. When oil and gas companies say that they’re getting out of oil and gas, shouldn’t you? No doubt Shell is counting on some miracle like carbon capture to preserve its adherence to a century-old business model of selling oil. And who could blame it? For years, extracting the black gold from the ground, processing it, then selling gasoline, fuel oil, petrochemicals and other refined products has been one of the most profitable businesses in history.
— GreenBiz
Breakingviews – Temasek MAC attack draws Singapore’s bailout line
Wednesday, 12 August 2020, 05:35:24
(Reuters Breakingviews) – Singapore’s Temasek is asserting itself as a provider of patient rather than reckless capital. The sovereign investment vehicle has escaped a $3 billion deal to increase its stake in rig-builder-to-property conglomerate Keppel, citing a “material adverse change” clause. It draws a valuable line on how far the Asian city state is willing to bend as it bails out strategic sectors amid the pandemic.
— Reuters
ROCE Insights For Transocean
Wednesday, 5 August 2020, 13:41:00
In Q2, Transocean (NYSE: RIG) posted sales of $930.00 million. Earnings were up 33.84%, but Transocean still reported an overall loss of $265.00 million. In …
— Benzinga
Transocean : 2Q20 Forecasted Newbuilds Capital Expenditures | MarketScreener
Friday, 31 July 2020, 10:32:15
Transocean Ltd. and subsidiaries Projected Newbuilds Capital Expenditures and Other Capital Additions June 30, 2020 … | July 31, 2020
— MarketScreener
Transocean says drilling contract terminated in U.K. (NYSE:RIG)
Thursday, 16 July 2020, 20:27:33
Transocean (RIG +1.4%) has received a contract termination for its Paul B. Loyd Jr. semi-submersible rig in the U.K., but it is now scheduled for work with
— Seeking Alpha
