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Is RIG’s Surge Fueling a Buy?

Ellis HobbsAvatar
Written by Ellis Hobbs Reviewed by Jack Kellogg Fact-checked by Tim Sykes
Updated 2/20/2025, 2:32 pm ET 2/20/2025, 2:32 pm ET | 5 min 5 min read
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Transocean Ltd (Switzerland) may see significant market impacts from a new contract securing a multi-year drilling project valued at $600 million, potentially boosting investor confidence. On Thursday, Transocean Ltd (Switzerland)’s stocks have been trading up by 4.36 percent.

Market Moves

  • Transocean’s latest announcement signals a CEO succession plan with Keelan Adamson set to take the reins by Q2, as Jeremy Thigpen transitions to a board role.

Candlestick Chart

Live Update At 14:31:50 EST: On Thursday, February 20, 2025 Transocean Ltd (Switzerland) stock [NYSE: RIG] is trending up by 4.36%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

  • Despite a slight dip in Q4 adjusted EPS to (9c), Transocean reports an increased revenue of $952M, along with a $2.4B backlog underscoring robust operational progress.

  • The company’s Fleet Status Report highlights significant day rate options in India, Norway, and Australia, adding $175M to an already substantial $8.3B backlog.

Transocean’s Financial Landscape

As millionaire penny stock trader and teacher Tim Sykes says, “Be patient, don’t force trades, and let the perfect setups come to you.” This is an essential principle for any trader aiming for success. Trading isn’t about making impulsive decisions or chasing every opportunity that comes your way. Instead, it’s about waiting for those ideal conditions that align with your strategy, just as Tim Sykes advises. By adopting this mindset, traders can enhance their potential for consistent profits while minimizing unnecessary risks.

Transocean Ltd., a heavyweight in offshore drilling, is navigating turbulent seas. The company reported a modest yawn-inducing fourth quarter, not because of dull numbers but due to the sheer volume of data: a swell of a $952M revenue figure and a beacon of $2.4B in backlog. These nuggets point toward growth, yet one must dive deeper to capture the full financial narrative.

Transocean’s delicate balance between revenue and bottom line sees revenue capped at $2.83B while grappling with a net income loss of $512M. The financial script also includes leverage ratios that may tighten the narrative’s plot. A total debt-to-equity ratio of 0.68 whispers caution, even as a quick ratio of 0.3 reflects liquidity available for short-term obligations.

More Breaking News

Yet, whispers of turmoil fade in the presence of technological progress and strategic foresight. Operating behind this performance, Transocean’s pivotal move toward CEO succession offers an intriguing subplot. As Keelan Adamson steps up, this seasoned executive may just be the captain needed to steer through volatile market waters and lead the charge on innovation. Perhaps change at the helm is not just about leadership—it signifies a fresh voyage for technological ventures, barriers broken, and new horizons explored.

Charting RIG’s Course

A glance at RIG’s recent chart interactions on the stock market reveals a volatile dance marked by resistance and volatility. The stock meandered from $3.71 on Feb 13 to a subtle decline at $3.58 on Feb 20. Subtle volatility, indeed. Price oscillations tell a story of cautious optimism wavering amidst market reactions. Intraday movements echo this sentiment, bouncing notably between highs and lows—fluctuating in sync with investor sentiment as news flowed into the market.

Transocean’s stock valuation, notable for a price-to-sales ratio of 0.91, sets it in a position where stockholder intrigue is only just beginning. Investors are likely evaluating their next steps—headed towards the end of a roller-coaster ride or just gearing for new track twists.

Navigating Future Waters

The discerning eye sees the interwoven stages of this offshore titan’s story, written in dollar signs and stock symbols. RIG’s narrative unfurls with increasing revenue, innovative strides, and strategic leadership changes, coalescing into a roadmap with signals of stronger currents yet to come. The mission: tap into a backlog brimming with promise and unlock vast oceans of potential.

In conclusion, while this corporate odyssey continues its path through uncharted digital waves and steadfast drilling ambitions, the trader community remains tightly wound with anticipation. As millionaire penny stock trader and teacher Tim Sykes says, “Consistency is key in trading; don’t let emotions dictate your trades.” Steering through fiscal fogs and stock squalls, Transocean’s destiny hangs on navigating every unpredictable tide. Secure your trader sailor hats, ladies and gentlemen. The journey appears far from done.

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This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Ellis Hobbs

Trainer and Mentor on Tim Sykes’ Trading Challenge
He teaches webinars on Tim Sykes’ Trading Challenge He treats trading like a business, not a hobby He emphasizes taking small risks — “If you get the process right, money is a forgone conclusion.”
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”