This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Transocean Still in Deep Water

Although the analysts consensus is that, if these numbers are correct, investors could see an annual total return in the 20% range, the individual analyst's estimates are plus or minus 7% from that figure. The P/E ratio of 28.36 is still high and no dividends are expected to be paid until all the Macondo bills are tallied and settled.

The best thing the company has going for it is that due to environmental concerns, most of the current exploration is in deep water, where it is the market leader. Financial strength is still a B++.

Investor Interest:

Investor sentiment is all over the place. While TheStreet rates the stock a D, Wall Street analysts still have 11 strong buy, 18 buy, 13 hold and only two underperform recommendations published. The individual investor is looking for a comeback and 6,128 readers of Motley Fool gave the stock a 98% vote of confidence to beat the market.

Peer Competition:

The market always has the final vote and this past year investors saw the price of RIG go up only 3% while National Oilwell Varco (NOV) was up 53%, Schlumberger (SLB) was up 24% and Halliburton (HALL) was up 11%.

National Oilwell Varco got a B rating from TheStreet and analysts think revenue will increase by 35.5% this year and 16.7% next year. Earnings could be up 14.9% next year and increase at an annual rate of 16% over the next five years

Schlumberger got also got a B rating from TheStreet and analysts project a revenue increase of 8.7% this year and 10.3% next year. Earnings could be up 19% next year and 18.15% annual increase for the next five years.

Halliburton also has a B rating from The Street and analysts estimate revenue to be up 15.3% this year and another 6.8% next year. Earnings might be up 8.6% next year and continue to increase by 15.35% annually for the next five years.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
RIG $18.83 0.00%
AAPL $128.95 0.00%
FB $78.99 0.00%
GOOG $537.90 0.00%
TSLA $226.03 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs