Transocean (RIG) to Release Quarterly Earnings on Wednesday

Key Points

• Transocean is scheduled to release its Q3 2025 earnings on Wednesday, October 29, 2025, with analysts predicting earnings of $0.04 per share and revenue of $1.0116 billion.
• Insider activity saw significant purchases, with Director Perestroika acquiring 4 million shares at an average price of $3.05, increasing their ownership stake by 4.39%.
• Institutional investors hold 67.73% of Transocean's stock, indicating strong institutional interest as several firms recently acquired new stakes in the company.

Transocean (NYSE:RIG - Get Free Report) will likely be issuing its Q3 2025 results after the market closes on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $1.0116 billion for the quarter. Parties may visit the the company's upcoming Q3 2025 earningresults page for the latest details on the call scheduled for Thursday, October 30, 2025 at 9:00 AM ET.

Transocean Trading Up 0.6%

Shares of RIG opened at $3.31 on Wednesday. The stock has a fifty day moving average price of $3.19 and a two-hundred day moving average price of $2.84. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.99 and a current ratio of 1.26. Transocean has a 52-week low of $1.97 and a 52-week high of $4.74. The company has a market cap of $3.12 billion, a price-to-earnings ratio of -1.78 and a beta of 2.68.

Insiders Place Their Bets

In related news, Director (Cyprus) Ltd Perestroika acquired 4,000,000 shares of the firm's stock in a transaction that occurred on Friday, September 26th. The stock was acquired at an average cost of $3.05 per share, with a total value of $12,200,000.00. Following the completion of the purchase, the director directly owned 95,074,894 shares in the company, valued at approximately $289,978,426.70. This trade represents a 4.39% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Frederik Wilhelm Mohn acquired 4,000,000 shares of the firm's stock in a transaction that occurred on Friday, September 26th. The shares were bought at an average cost of $3.05 per share, with a total value of $12,200,000.00. Following the completion of the purchase, the director owned 95,074,894 shares of the company's stock, valued at $289,978,426.70. This trade represents a 4.39% increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.54% of the stock is owned by insiders.

Institutional Investors Weigh In On Transocean

Institutional investors have recently made changes to their positions in the stock. Josh Arnold Investment Consultant LLC acquired a new stake in shares of Transocean during the second quarter worth $26,000. EP Wealth Advisors LLC acquired a new position in Transocean in the second quarter valued at about $34,000. Headlands Technologies LLC acquired a new position in Transocean in the second quarter valued at about $65,000. Ameriprise Financial Inc. grew its stake in Transocean by 38.5% in the second quarter. Ameriprise Financial Inc. now owns 25,584 shares of the offshore drilling services provider's stock valued at $66,000 after acquiring an additional 7,116 shares during the period. Finally, Caption Management LLC acquired a new position in Transocean in the second quarter valued at about $130,000. 67.73% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on RIG shares. Wall Street Zen raised Transocean from a "sell" rating to a "hold" rating in a research note on Sunday, August 10th. Barclays lifted their target price on Transocean from $3.50 to $4.00 and gave the company an "overweight" rating in a research note on Wednesday, August 13th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Transocean in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $4.26.

About Transocean

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.