NYSE:RIG Transocean (RIG) Stock Price, News & Analysis $5.52 -0.03 (-0.45%) Closing price 10/9/2026 03:59 PM EasternExtended Trading$5.52 +0.01 (+0.18%) As of 10/9/2026 07:53 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Transocean Stock (NYSE:RIG) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Transocean alerts:Sign Up Key Stats Today's Range$5.51▼$5.6150-Day Range$5.14▼$6.2252-Week Range$3.07▼$7.66Volume15.81 million shsAverage Volume41.78 million shsMarket Capitalization$6.16 billionP/E RatioN/ADividend YieldN/APrice Target$6.68Consensus RatingHold Company Overview Transocean Ltd. is an offshore contract drilling company that provides drilling services to the international oil and gas industry. The company operates a fleet of mobile offshore drilling units, including ultra-deepwater and harsh-environment drillships and semisubmersible rigs, which are contracted by energy companies to drill exploration, appraisal and development wells. Transocean’s services support offshore drilling programs in challenging environments around the world. Its operations have included activity in the Gulf of Mexico, Brazil, the North Sea, West Africa and other major offshore regions. The company’s fleet and technical capabilities are focused primarily on deepwater and ultra-deepwater projects, where specialized equipment and experienced crews are required. Transocean traces its origins to 1926 and has expanded through industry consolidation, including its 2007 merger with GlobalSantaFe and acquisitions of Songa Offshore and Ocean Rig in 2018. Transocean Ltd. is incorporated in Switzerland and maintains significant operational and corporate activities in the United States. The company is led by Chief Executive Officer Jeremy Thigpen.AI Generated. May Contain Errors. Read More Transocean Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks67th Percentile Overall ScoreRIG MarketRank™: Transocean scored higher than 67% of companies evaluated by MarketBeat, and ranked 127th out of 250 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.7 / 5Analyst RatingHold Consensus RatingTransocean has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 strong buy ratings, 3 buy ratings, 4 hold ratings, and 3 sell ratings.Upside PotentialTransocean has a consensus price target of $6.68, representing about 21.1% upside from its current price of $5.52.Amount of Analyst CoverageTransocean has only been the subject of 4 research reports in the past 90 days.Read more about Transocean's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth55.56% Earnings GrowthEarnings for Transocean are expected to grow by 55.56% in the coming year, from $0.18 to $0.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Transocean is -2.93, 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. SectorThe P/E ratio of Transocean is -2.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioTransocean has a PEG Ratio of 4.07. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTransocean has a P/B Ratio of 0.75. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Transocean's valuation and earnings. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted29.65% of the float of Transocean has been sold short.Short Interest Ratio / Days to CoverTransocean has a short interest ratio ("days to cover") of 6.88.Change versus previous monthShort interest in Transocean has recently increased by 7.65%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldTransocean does not currently pay a dividend.Dividend GrowthTransocean does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Transocean will have a dividend payout ratio of 214.29% in the coming year. This indicates that Transocean may not be able to sustain their current dividend. News and Social Media2.9 / 5News Sentiment0.66 News SentimentTransocean has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Transocean this week, compared to 8 articles on an average week.Search InterestOnly 14 people have searched for RIG on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.MarketBeat Follows17 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 325% compared to the previous 30 days. Company Ownership1.1 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Transocean insiders have not sold or bought any company stock.Percentage Held by Insiders9.70% of the stock of Transocean is held by insiders.Percentage Held by Institutions67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Transocean's insider trading history. Receive RIG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Transocean and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. 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RIG Stock News HeadlinesTransocean Reveals Contract Backlog Of. $1.1 Bln With New AwardsOctober 9 at 7:51 PM | rttnews.comTransocean Secures $62 Million Norwegian Contract From ShellOctober 9 at 7:51 PM | finance.yahoo.comTrump’s issues shocking Executive Order on U.S. DollarThree days into his second term, President Trump signed Executive Order 14178 a move the press barely covered. Buried inside is what some call the legal groundwork for the biggest change to American money in over a century, with a key Treasury vote potentially as soon as January 18. Ian King, Chief Strategist at Strategic Fortunes, breaks down what the order could mean for the dollar and the financial system.October 10 at 1:00 AM | Banyan Hill Publishing (Ad)Transocean Ltd. Announces Contract Backlog of Approximately $1.1 Billion, Including Fully Approved Equinor AgreementOctober 9 at 9:48 AM | finance.yahoo.comTransocean Ltd. Announces Contract Backlog of Approximately $1.1 Billion, Including Fully Approved Equinor AgreementOctober 9 at 6:04 AM | globenewswire.comTransocean (NYSE:RIG) Upgraded to "Strong-Buy" at Zacks ResearchOctober 7 at 7:37 AM | americanbankingnews.comTransocean (NYSE:RIG) Shares Up 7.8% - Should You Buy?October 5, 2026 | americanbankingnews.comTransocean Moves Ahead With $5.8B Valaris Deal After DOJ NodOctober 2, 2026 | finance.yahoo.comSee More Headlines RIG Stock Analysis - Frequently Asked Questions How have RIG shares performed this year? Transocean's stock was trading at $4.15 at the beginning of the year. Since then, RIG shares have increased by 32.9% and is now trading at $5.5150. How were Transocean's earnings last quarter? Transocean Ltd. (NYSE:RIG) posted its quarterly earnings results on Wednesday, August, 5th. The offshore drilling services provider reported $0.03 earnings per share for the quarter, topping analysts' consensus estimates of $0.01 by $0.02. Transocean's revenue for the quarter was down 2.2% compared to the same quarter last year. Read the conference call transcript. Does Transocean have any subsidiaries? The following companies are subsidiaries of Transocean: 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. Who are Transocean's major shareholders? Transocean's top institutional shareholders include Farther Finance Advisors LLC (0.01%), Cooper Financial Group, GAMMA Investing LLC and Versant Capital Management Inc. Insiders that own company stock include Perestroika, Frederik Wilhelm Mohn, (Cyprus) Ltd Perestroika, Jeremy D Thigpen, Keelan Adamson, Roderick James Mackenzie, Chad C Deaton, Robert Thaddeus Vayda and Vanessa C L Chang. View institutional ownership trends. 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 BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Micron Technology (MU). Company Calendar Last Earnings8/05/2026Today10/10/2026Next Earnings (Estimated)11/04/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (3w+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 For the last 3 weeks, RIG's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Energy Equipment & Services Sub-IndustryOil & Gas Drilling Current SymbolNYSE:RIG CIK1451505 Webwww.deepwater.com Phone+41417490500Fax41 71 323 27 750Employees5,600Year Founded1953Price Target and Rating Average Price Target for Transocean$6.68 High Price Target$10.00 Low Price Target$4.50 Potential Upside/Downside+21.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage12 Analysts Profitability EPS (Trailing Twelve Months)($1.88) Trailing P/E RatioN/A Forward P/E Ratio30.64 P/E Growth4.07Net Income-$2.92 billion Net Margins-40.24% Pretax Margin-39.19% Return on Equity2.60% Return on Assets1.37% Debt Debt-to-Equity Ratio0.56 Current Ratio1.59 Quick Ratio1.27 Sales & Book Value Annual Sales$3.97 billion Price / Sales1.55 Cash Flow$0.68 per share Price / Cash Flow8.16 Book Value$7.36 per share Price / Book0.75Miscellaneous Outstanding Shares1,116,880,000Free Float1,008,543,000Market Cap$6.16 billion OptionableOptionable Beta1.41 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. 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