Jeremy Thigpen - Transocean President, Chief Executive Officer, Director

RIG Stock  USD 4.40  0.10  2.33%   

CEO

Mr. Jeremy D. Thigpen is President, Chief Executive Officer, Director of the Company. Mr. Thigpen served as Senior Vice President and Chief Financial Officer at National Oilwell Varco, Inc. from 2012 to 2015. During his tenure at National Oilwell Varco, Mr. Thigpen spent five years from 2007 to 2012 as the companys President of Downhole and Pumping Solutions business, and four years from 2003 to 2007 as President of its Downhole Tools group. He also served in various management and business development capacities, including Director of Business Development and Special Assistant to the Chairman for National Oilwell Varco. The Board of Directors has concluded that Mr. Thigpen should remain on the Board of Directors and has recommended that he serve an additional term. The Board of Directors believes that it is important for the Chief Executive Officer of the Company to serve on the Board of Directors, as it ensures an efficient flow of information between the Board of Directors and executive management. In addition, Mr. Thigpen has substantial industry experience and a competitive perspective, which assists the Board of Directors in considering strategic decisions for the Company since 2022.
Age 49
Tenure 2 years
Address Turmstrasse 30, Steinhausen, Switzerland, 6312
Phone41 41 749 0500
Webhttps://www.deepwater.com
Thigpen earned a Bachelor of Arts degree in Economics and Managerial Studies from Rice University in 1997, and he completed the Program for Management Development at Harvard Business School in 2001.

Jeremy Thigpen Latest Insider Activity

Tracking and analyzing the buying and selling activities of Jeremy Thigpen against Transocean stock is an integral part of due diligence when investing in Transocean. Jeremy Thigpen insider activity provides valuable insight into whether Transocean is net buyers or sellers over its current business cycle. Note, Transocean insiders must abide by specific rules, including filing SEC forms every time they buy or sell Transocean'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Transocean Management Efficiency

The Transocean's current Return On Tangible Assets is estimated to increase to -0.04. The Transocean's current Return On Capital Employed is estimated to increase to -0.02. At this time, Transocean's Net Tangible Assets are most likely to decrease significantly in the upcoming years. Transocean's management efficiency ratios could be used to measure how well Transocean manages its routine affairs as well as how well it operates its assets and liabilities.
Transocean has 7.85 B in debt with debt to equity (D/E) ratio of 0.64, which is OK given its current industry classification. Transocean has a current ratio of 1.61, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Transocean to invest in growth at high rates of return.

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Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. Transocean operates under Oil And Gas Drilling And Exploration classification in the United States and is traded on New York Stock Exchange. It employs 5000 people. Transocean (RIG) is traded on New York Stock Exchange in USA. It is located in Turmstrasse 30, Steinhausen, Switzerland, 6312 and employs 5,430 people. Transocean is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Transocean Leadership Team

Elected by the shareholders, the Transocean's board of directors comprises two types of representatives: Transocean inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Transocean. The board's role is to monitor Transocean's management team and ensure that shareholders' interests are well served. Transocean's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Transocean's outside directors are responsible for providing unbiased perspectives on the board's policies.
Frederico Curado, Independent Director
Alison Johnson, Director Relations
Robert Vayda, Senior Treasurer
Brady JD, Executive Officer
Vincent Intrieri, Independent Director
MarkAnthony Sr, Executive CFO
Howard Davis, Executive Vice President, Chief Administrative Officer, Chief Information Officer
Frederick Mohn, Independent Director
Samuel Merksamer, Independent Director
MarkAnthony Mey, Chief Financial Officer, Executive Vice President
Chadwick Deaton, Independent Chairman of the Board
Frederico Fleurycurado, Independent Director
Ek Tan, Independent Director
Chee Chang, Independent Director
Diane Victor, Independent Director
David Keddington, Vice Treasurer
Jeremy Thigpen, President, Chief Executive Officer, Director
David Tonnel, Senior Vice President, Chief Accounting Officer
Paul Johnson, Senior Services
Edward Muller, Independent Director
B Mgt, Senior Officer
Margareth Ovrum, Independent Director
Keelan Adamson, Chief Operations Officer, Executive Vice President
Janelle Daniel, Administrative Management
Roddie Mackenzie, Executive Officer
Vanessa Chang, Independent Director
Glyn Barker, Independent Director
Brady Long, Executive Vice President, General Counsel
Lexington May, Manager Relations
Sandro Thoma, Chief Secretary

Transocean Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Transocean a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether Transocean is a strong investment it is important to analyze Transocean's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Transocean's future performance. For an informed investment choice regarding Transocean Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Transocean. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Transocean Stock please use our How to Invest in Transocean guide.
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Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transocean. If investors know Transocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.76)
Revenue Per Share
3.983
Quarterly Revenue Growth
0.33
Return On Assets
0.0061
Return On Equity
(0.06)
The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transocean's market value can be influenced by many factors that don't directly affect Transocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine if Transocean is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.