Stock in Motion_Transocean Partners LLC (RIGP)

Company Profile:

Transocean Partners LLC, together with its subsidiaries, acquires, owns, and operates offshore drilling rigs located in the United States Gulf of Mexico. As of February 17, 2015, the companys fleet consisted of one ultra-deepwater semisubmersible rig and two ultra-deepwater drillships. Transocean Partners LLC was founded in 2014 and is headquartered in Aberdeen, the United Kingdom.

Recent News:

Transocean Partners LLC will report earnings for the three months ended June 30, 2015, on Thursday, August 6, 2015, following the close of trading on the NYSE. It will conduct a teleconference starting at 11:00 a.m. EDT, 4:00 p.m. BST, on Friday, August 7, 2015, to discuss the results.

On July 15, 2015, Transocean Partners LLC issued a Fleet Status Report which provides the current status of and contract information for the company`s three ultra-deepwater floaters.

 

Fundamental Analysis:

Ninestocks analyzes several different financial aspects: Growth, Profitability, solvency and efficiency.

Growth – Measures the growth of both the company’s income statement and cash flow.

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Profitability – Measures the historical price movement of the stock.

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Solvency – Measures the solvency of the company based on several ratios.

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Efficiency – Measures the strength and historic growth of a company’s return on invested capital.

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Conclusion:

RIGP’s strengths can be seen in its better growth, robust Profitability and great efficiency. Technical indicators signal the bullish signs, as there is a bullish cross in MACD and Stochastic Oscillator. RSI is increasing to 43.91. The current P/BV ratio indicates it is undervalued compared to the average P/BV ratio of the sector. We rate Transocean Partners LLC (RIGP) a BUY.

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