Transocean (RIG) Stock Price, News & Analysis

Company Overview

Transocean Ltd. is a leading offshore contract drilling company specializing in the operation of mobile offshore drilling units (MODUs) for the exploration and production of oil and gas. The company’s fleet includes ultra-deepwater drillships, harsh-environment semi-submersibles and midwater semisubmersibles designed to perform drilling services in some of the world’s most challenging offshore regions. Transocean’s core activities encompass well construction, platform drilling, directional drilling and project management, with an emphasis on high-specification operations.

With an emphasis on technological innovation, Transocean deploys advanced drilling systems, managed-pressure drilling techniques and well-control solutions to optimize safety and efficiency. The company’s vessels are equipped with dynamic positioning, deepwater riser and blowout preventer systems, enabling precision drilling at water depths exceeding 10,000 feet. Maintenance, inspection and integrity services further support client operations throughout the life cycle of drilling projects.

Founded through the 2007 merger of transocean Sedco Forex and R&B Falcon, Transocean traces its roots to the offshore pioneers of the 1950s. Headquartered in Vernier, Switzerland, with operational offices in Houston, the company serves major energy producers across the Gulf of Mexico, Brazil, West Africa, the North Sea and the Asia Pacific region. Transocean’s heritage of global presence and deepwater expertise positions it as a strategic partner for offshore explorers and producers.

Transocean is governed by a board of directors and led by an experienced executive management team that focuses on operational excellence, industry-leading safety standards and environmental stewardship. The company’s commitment to continuous improvement, workforce training and sustainable drilling practices underscores its role as a trusted provider of offshore drilling solutions.

Key Stats

• Today's Range: $2.72 to $2.80
• 50-Day Range: $2.12 to $3.32
• 52-Week Range: $1.97 to $5.98
• Volume: 15.82 million shs
• Average Volume: 28.78 million shs
• Market Capitalization: $2.45 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.58
• Consensus Rating: Hold

Transocean Stock Analysis - MarketRank™

Transocean scored higher than 89% of companies evaluated by MarketBeat, and ranked 160th out of 804 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: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Transocean has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Transocean has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 100.00%

Earnings Growth

Earnings for Transocean are expected to grow by 100.00% in the coming year, from $0.14 to $0.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Transocean is -2.92, 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 -2.92, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Transocean has a PEG Ratio of 1.85. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Transocean has a P/B Ratio of 0.24. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

18.25% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently decreased by 0.67%, indicating that investor sentiment is improving.

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.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.91

Percentage of Shares Shorted

18.25% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently decreased by 0.67%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.16

News Sentiment

Transocean has a news sentiment score of 0.16. 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 lower news sentiment than the 0.72 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Transocean this week, compared to 13 articles on an average week.

Search Interest

59 people have searched for RIG on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.

MarketBeat Follows

14 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 8% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Transocean insiders have sold 415.05% more of their company's stock than they have bought. Specifically, they have bought $21,400.00 in company stock and sold $110,220.00 in company stock.

Percentage Held by Insiders

12.27% of the stock of Transocean is held by insiders. A high percentage of insider ownership can be a sign of company health.

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.

RIG Stock Analysis - Frequently Asked Questions

How have RIG shares performed this year?

Transocean's stock was trading at $3.75 on January 1st, 2025. Since then, RIG stock has decreased by 26.1% and is now trading at $2.77.

How were Transocean's earnings last quarter?

Transocean Ltd. (NYSE:RIG) issued its quarterly earnings results on Monday, April, 28th. The offshore drilling services provider reported ($0.10) earnings per share for the quarter, topping analysts' consensus estimates of ($0.12) by $0.02. The company's quarterly revenue was up 18.7% compared to the same quarter last year.
Read the conference call transcript.

Does Transocean have any subsidiaries?

Transocean subsidiaries include these companies: Ocean Rig, Songa Offshore SE, 15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, Angola Deepwater Drilling Company (Offshore Services) Ltd, AngoSantaFe - Prestacao de Servicos Petroliferos Limitada, and others.

How do I buy shares of Transocean?

Shares of RIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Transocean own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Transocean investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

Company Calendar

• Last Earnings: 4/28/2025
• Today: 7/04/2025
• Next Earnings (Estimated): 7/30/2025
• Fiscal Year End: 12/31/2025

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: 5,340
• Year Founded: 1953

Price Target and Rating

• Average Stock Price Target: $4.58
• High Stock Price Target: $8.00
• Low Stock Price Target: $2.80
• Potential Upside/Downside: +65.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.95)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 19.79
• P/E Growth: 1.85
• Net Income: -$512 million
• Net Margins: -18.79%
• Pretax Margin: -12.82%
• Return on Equity: -0.94%
• Return on Assets: -0.50%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 1.33
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $3.52 billion
• Price / Sales: 0.69
• Cash Flow: $0.84 per share
• Price / Cash Flow: 3.30
• Book Value: $11.74 per share
• Price / Book: 0.24

Miscellaneous

• Outstanding Shares: 883,260,000
• Free Float: 774,885,000
• Market Cap: $2.45 billion
• Optionable: Optionable
• Beta: 2.50