Howard Davis - Transocean President

RIGG34 Stock  BRL 22.48  0.72  3.10%   

President

Mr. Howard E. Davis is Executive Vice President, Chief Administrative Officer and Chief Information Officer of the Company. Before joining the Company in this position in August 2015, Mr. Davis served as Senior Vice President, Chief Administrative Officer and Chief Information Officer of National Oilwell Varco, Inc. from March 2005 to April 2015 and as Vice President, Chief Administrative Officer and Chief Information Officer from August 2002 to March 2005 since 2015.
Age 64
Tenure 9 years
Phone41 41 749 0500
Webhttps://www.deepwater.com
Davis earned a Bachelor’s degree from University of Kentucky in 1980, and he completed the Advanced Management Program at Harvard Business School in 2005.

Transocean Management Efficiency

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 accumulated 6.66 B in total debt with debt to equity ratio (D/E) of 0.67, which is about average as compared to similar companies. Transocean has a current ratio of 1.95, which is within standard range for the sector. Debt can assist Transocean until it has trouble settling it off, either with new capital or with free cash flow. So, Transocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Transocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transocean to invest in growth at high rates of return. When we think about Transocean's use of debt, we should always consider it together with cash and equity.

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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 DRN is traded on Sao Paolo Stock Exchange in Brazil. Transocean (RIGG34) is traded on Sao Paulo Exchange in Brazil and employs 5,000 people.

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.
Alison Johnson, Sr Relations
Jeremy Thigpen, President CEO, Director
Keelan Adamson, COO, Executive Vice President
Robert Vayda, VP Treasurer
Janelle Daniel, Sustainability HR
Roddie Mackenzie, Ex Officer
David Tonnel, Senior Vice President and Corporate Controller
MarkAnthony Sr, Ex CFO
Howard Davis, Executive Vice President Chief Administrative Officer, CIO
Brady Long, Senior Vice President General Counsel

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.

Also Currently Popular

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Additional Information and Resources on Investing in Transocean Stock

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 nation.
For information on how to trade Transocean Stock refer to our How to Trade Transocean Stock guide.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
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.