Ek Tan - Transocean Independent Director

RIG Stock  USD 3.92  0.01  0.26%   

Director

Mr. Tan Ek Kia is Independent Director of Transocean Ltd. Mr. Tan has served as a director of the Company since 2011. Mr. Tan is the retired Vice President, Ventures and Developments, Asia Pacific and Middle East Region of Shell Chemicals, a position in which he served from 2003 to 2006. Mr. Tan joined the Shell group of companies in 1973 as an engineer and served in a variety of positions in Asia, the United States and Europe during his career, including as Chairman, Shell Companies, Northeast Asia from 2000 to 2003, Managing Director of Shell Nanhai from 1997 to 2000 and Managing Director of Shell Malaysia Exploration and Production from 1994 to 1997. Mr. Tan also served as the Interim Chief Executive Officer of SMRT Corporation Ltd from January to October 2012. Mr. Tan isdirector of Dialog Systems Asia Pte Ltd, Keppel Offshore Marine Ltd, SMRT Corporation Ltd, Keppel Corporation Ltd, PT Chandra Asri Petrochemical Tbk and Singapore LNG Corporation Pte Ltd. . He is also a director and the Chairman of KrisEnergy Ltd, the Chairman of Star Energy Group Holdings Pte Ltd and a director of two of Star Energy Group Holdings subsidiaries, Star Energy Oil and Gas Pte Ltd and Star Energy Geothermal Pte Ltd. Mr. Tan served as Chairman of City Gas Pte Ltd from 2009 to 2015 and as a director of City Spring Infrastructure Trust Pte Ltd. from 2010 to 2014, InterGlobal Offshore Pte Ltd from 2007 to 2012 and PowerSeraya Ltd and Orchard Energy Pte Ltd from 2007 to 2009 since 2011.
Age 71
Tenure 14 years
Address Turmstrasse 30, Steinhausen, Switzerland, 6312
Phone41 41 749 0500
Webhttps://www.deepwater.com
Tan received his BS degree in Mechanical Engineering from the University of Nottingham in 1973. He is a Chartered Engineer with the UK Engineering Council and a Fellow of the Institution of Engineers Malaysia.

Transocean Management Efficiency

The Transocean's current Return On Tangible Assets is estimated to increase to -0.05. The Transocean's current Return On Capital Employed is estimated to increase to -0.02. At this time, Transocean's Asset Turnover is most likely to slightly decrease 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.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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.