Free Trial

Transocean (RIG) Competitors

$5.40
-0.05 (-0.92%)
(As of 06/7/2024 ET)

RIG vs. VAL, PTEN, HP, HPK, PDS, BORR, NBR, ICD, AMNI, and EQT

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Valaris (VAL), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Nabors Industries (NBR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and EQT (EQT). These companies are all part of the "oils/energy" sector.

Transocean vs.

Valaris (NYSE:VAL) and Transocean (NYSE:RIG) are both mid-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, media sentiment, earnings, community ranking, valuation, risk and analyst recommendations.

Valaris has higher earnings, but lower revenue than Transocean. Transocean is trading at a lower price-to-earnings ratio than Valaris, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Valaris$1.78B2.88$865.40M$11.436.21
Transocean$2.83B1.56-$954M-$0.52-10.38

Transocean received 903 more outperform votes than Valaris when rated by MarketBeat users. Likewise, 51.72% of users gave Transocean an outperform vote while only 36.36% of users gave Valaris an outperform vote.

CompanyUnderperformOutperform
ValarisOutperform Votes
12
36.36%
Underperform Votes
21
63.64%
TransoceanOutperform Votes
915
51.72%
Underperform Votes
854
48.28%

Valaris currently has a consensus price target of $99.20, suggesting a potential upside of 39.70%. Transocean has a consensus price target of $7.70, suggesting a potential upside of 42.59%. Given Valaris' higher probable upside, analysts plainly believe Transocean is more favorable than Valaris.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Valaris
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Transocean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Transocean had 7 more articles in the media than Valaris. MarketBeat recorded 8 mentions for Transocean and 1 mentions for Valaris. Transocean's average media sentiment score of 1.60 beat Valaris' score of 0.68 indicating that Valaris is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Valaris
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Transocean
5 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Valaris has a beta of 1.24, indicating that its share price is 24% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.82, indicating that its share price is 182% more volatile than the S&P 500.

Valaris has a net margin of 44.93% compared to Valaris' net margin of -13.27%. Transocean's return on equity of 3.81% beat Valaris' return on equity.

Company Net Margins Return on Equity Return on Assets
Valaris44.93% 3.81% 1.62%
Transocean -13.27%-4.67%-2.42%

96.7% of Valaris shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 0.1% of Valaris shares are held by company insiders. Comparatively, 13.2% of Transocean shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Valaris beats Transocean on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RIG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

RIG vs. The Competition

MetricTransoceanDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$4.43B$1.14B$8.12B$17.93B
Dividend YieldN/A3.42%11.70%3.57%
P/E Ratio-10.384.9710.1822.47
Price / Sales1.562.6955.5014.31
Price / Cash40.458.1711.0519.35
Price / Book0.420.723.434.99
Net Income-$954M-$199.48M$968.85M$975.94M
7 Day Performance-12.90%-5.71%-3.79%-1.87%
1 Month Performance-8.16%-5.58%-1.11%-1.65%
1 Year Performance-13.46%-6.67%2.21%9.19%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VAL
Valaris
3.5725 of 5 stars
$71.11
-3.0%
$99.20
+39.5%
+14.2%$5.31B$1.88B6.225,985Positive News
PTEN
Patterson-UTI Energy
4.7272 of 5 stars
$10.18
-2.1%
$15.67
+53.9%
-11.7%$4.18B$4.15B14.9710,600Positive News
HP
Helmerich & Payne
3.4717 of 5 stars
$34.89
-3.4%
$42.00
+20.4%
-1.0%$3.57B$2.87B9.976,200Dividend Cut
News Coverage
HPK
HighPeak Energy
1.4287 of 5 stars
$14.06
-5.7%
$23.60
+67.9%
-9.7%$1.91B$1.11B11.3448High Trading Volume
PDS
Precision Drilling
1.975 of 5 stars
$67.16
-4.2%
$48.00
-28.5%
+44.2%$1.01B$1.44B5.905,560
BORR
Borr Drilling
3.4398 of 5 stars
$6.46
-2.9%
$9.00
+39.3%
-17.6%$985.09M$771.60M38.002,869Gap Down
NBR
Nabors Industries
1.314 of 5 stars
$65.69
-4.9%
$124.75
+89.9%
-36.5%$702.88M$3.05B-4.7612,000
ICD
Independence Contract Drilling
0.1681 of 5 stars
$1.42
-2.1%
N/A-48.4%$22.06M$210.11M-0.43450Analyst Forecast
News Coverage
Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.04
flat
N/A-28.9%$910,000.00$120,000.00-0.293Gap Down
EQT
EQT
4.0277 of 5 stars
$40.62
-0.9%
$45.24
+11.4%
+4.0%$18.10B$6.91B29.43881Analyst Forecast
Positive News

Related Companies and Tools

This page (NYSE:RIG) was last updated on 6/9/2024 by MarketBeat.com Staff

From Our Partners