Transocean (RIG) Stock Price, News & Analysis

Company Overview

Transocean Ltd. is a leading international provider of offshore contract drilling services for the oil and gas industry. The company specializes in the operation of mobile drilling units, including ultra-deepwater drillships, semisubmersible rigs and high-specification jackup rigs. Transocean’s fleet is designed to meet complex drilling requirements, from ultra-deepwater well construction to shelf exploration and development projects.

The company’s core services encompass the full spectrum of offshore drilling operations, including project and engineering management, marine operations, drilling supervision, and maintenance support. Transocean’s rigs are equipped with advanced drilling equipment, automated safety systems and environmental controls that enable efficient well delivery in challenging offshore environments. Its technical teams work alongside clients to optimize drilling performance, reduce non-productive time and adhere to rigorous safety and environmental standards.

Founded in 1953 and headquartered in Vernier, Switzerland, Transocean has grown through strategic mergers and acquisitions to establish a global presence. Notably, the merger of Sedco Forex and Transocean in 2000 created one of the world’s largest offshore drilling contractors. The company maintains regional offices and operational centers in key oil- and gas-producing regions, including the Gulf of Mexico, North Sea, Brazil, West Africa and Asia-Pacific.

Transocean is led by Chairman and Chief Executive Officer Jeremy Thigpen, who has guided the company’s strategic focus on safety, operational efficiency and technological innovation. Under his leadership, Transocean continues to invest in the modernization of its fleet and the development of digital solutions aimed at enhancing drilling performance and reducing its environmental footprint.

Key Stats

• Today's Range: $7.33 to $7.66
• 50-Day Range: $5.88 to $7.58
• 52-Week Range: $2.34 to $7.66
• Volume: 37.84 million shs
• Average Volume: 37.55 million shs
• Market Capitalization: $8.30 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $6.96
• Consensus Rating: Hold

Transocean Stock Analysis - MarketRank™

Transocean scored higher than 41% of companies evaluated by MarketBeat, and ranked 209th out of 249 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Hold

Consensus Rating

Transocean has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, 3 buy ratings, 5 hold ratings, and 3 sell ratings.

Downside Risk

Transocean has a consensus price target of $6.96, representing about 6.4% downside from its current price of $7.44.

Amount of Analyst Coverage

Transocean has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 50.00%

Earnings Growth

Earnings for Transocean are expected to grow by 50.00% in the coming year, from $0.16 to $0.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Transocean is -2.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Transocean is -2.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Transocean has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

20.88% of the float of Transocean has been sold short.

Short Interest Ratio / Days to Cover

Transocean has a short interest ratio ("days to cover") of 5.77.

Change versus previous month

Short interest in Transocean has recently increased by 7.96%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Transocean does not currently pay a dividend.

Dividend Growth

Transocean does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Transocean will have a dividend payout ratio of 250.00% in the coming year. This indicates that Transocean may not be able to sustain their current dividend.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.96

News Sentiment

Transocean has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Transocean this week, compared to 8 articles on an average week.

Search Interest

51 people have searched for RIG on MarketBeat in the last 30 days. This is an increase of 6% compared to the previous 30 days.

MarketBeat Follows

13 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 63% compared to the previous 30 days.

Company Ownership

• Score: 1.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Transocean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $498,433.00 in company stock.

Percentage Held by Insiders

9.70% of the stock of Transocean is held by insiders.

Percentage Held by Institutions

67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Last Earnings: 5/04/2026
• Today: 5/20/2026
• Next Earnings (Estimated): 8/03/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL&GAS - DRILL
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:RIG
• CIK: 1451505
• Web: www.deepwater.com
• Phone: (141) 479-0500
• Fax: 41 71 323 27 750
• Employees: 5,600
• Year Founded: 1953

Price Target and Rating

• Average Price Target for Transocean: $6.96
• High Price Target: $10.00
• Low Price Target: $4.50
• Potential Upside/Downside: -6.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 11 Analysts

Profitability

• EPS (Trailing Twelve Months): ($2.98)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 46.48
• P/E Growth: N/A
• Net Income: -$2.92 billion
• Net Margins: -66.79%
• Pretax Margin: -69.83%
• Return on Equity: 0.88%
• Return on Assets: 0.46%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.54
• Quick Ratio: 1.20

Sales & Book Value

• Annual Sales: $3.97 billion
• Price / Sales: 2.09
• Cash Flow: $0.66 per share
• Price / Cash Flow: 11.22
• Book Value: $7.34 per share
• Price / Book: 1.01

Miscellaneous

• Outstanding Shares: 1,116,440,000
• Free Float: 1,008,146,000
• Market Cap: $8.30 billion
• Optionable: Optionable
• Beta: 1.34