Bullish Case: Improving industry dynamics and substantial contract backlog offer robust revenue visibility, potentially enhancing RIG's future financial performance.


Bearish Case: Persisting high debt levels and industry volatility, combined with operational risks, could negatively impact RIG's profitability and investor confidence.


Potential Outcomes:

1. Revenue boost from backlog (60%);

2. Debt pressures financials (30%);

3. Industry upswing improves outlook (50%);

4. Volatility impacts from tech advances in subsea communications (20%).


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April 11, 2024


Transocean Forecast

RIG        Transocean
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)






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BKR Forecast + Options Trading Strategies   [BKR]  Baker Hughes (0.84)


CRK Forecast + Options Trading Strategies   [CRK]  Comstock Resources (0.84)


CIVI Forecast + Options Trading Strategies   [CIVI]  Civitas Resources Inc New (0.8)


BG Forecast + Options Trading Strategies   [BG]  Bunge (0.79)



Uncorrelated Stock Forecasts

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ALSN Forecast + Options Trading Strategies   [ALSN]  Allison Transmission (0.0)


CVBF Forecast + Options Trading Strategies   [CVBF]  CVB Financial (0.0)


PWSC Forecast + Options Trading Strategies   [PWSC]  PowerSchool (-0.0)


FTI Forecast + Options Trading Strategies   [FTI]  TechnipFMC (0.0)


VIRT Forecast + Options Trading Strategies   [VIRT]  Virtu Financial (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against RIG



WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.78)


VZ Forecast + Options Trading Strategies   [VZ]  Verizon Communications (-0.79)


IDT Forecast + Options Trading Strategies   [IDT]  IDT Corp. - (-0.81)


BDRY Forecast + Options Trading Strategies   [BDRY]  Breakwave Dry Bulk Shipping (-0.82)


NKTX Forecast + Options Trading Strategies   [NKTX]  Nkarta (-0.83)





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