Transocean Company Profile (NYSE:RIG)

About Transocean

Transocean logoTransocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews primarily on a day rate basis to drill oil and gas wells. The Company operates through the contract drilling services segment. The Company specializes in technically demanding regions of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services. Its mobile offshore drilling fleet consists of floaters and high-specification jackups used in support of offshore drilling activities and offshore support services across the world. The Company owns or has partial ownership interests in and operates over 60 mobile offshore drilling , including approximately 30 ultra‑deepwater floaters, over seven harsh environment floaters, over five deepwater floaters, over 10 midwater floaters and approximately 10 high-specification jackups.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Drilling & Exploration
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: RIG
  • CUSIP:
Key Metrics:
  • Previous Close: $10.38
  • 50 Day Moving Average: $9.86
  • 200 Day Moving Average: $10.44
  • 52-Week Range: $7.67 - $17.17
  • Trailing P/E Ratio: 3.05
  • Foreward P/E Ratio: -27.32
  • P/E Growth: -0.13
  • Market Cap: $3.83B
  • Outstanding Shares: 365,391,000
  • Beta: 1.91
  • Net Margins: 21.91%
  • Return on Equity: 8.46%
  • Return on Assets: 4.79%
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 1.88%
  • Quick Ratio: 1.61%
Additional Links:
Companies Related to Transocean:

Analyst Ratings

Consensus Ratings for Transocean (NYSE:RIG) (?)
Ratings Breakdown: 9 Sell Ratings, 14 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $10.17 (2.06% downside)

Analysts' Ratings History for Transocean (NYSE:RIG)
DateFirmActionRatingPrice TargetDetails
10/26/2016Morgan StanleyUpgradeUnderweight -> Equal WeightView Rating Details
10/4/2016ScotiabankUpgradeSector Perform -> Sector Outperform$12.00 -> $14.00View Rating Details
10/4/2016Howard WeilUpgradeSector Perform -> Sector Outperform$12.00 -> $14.00View Rating Details
9/30/2016ArgusReiterated RatingHoldView Rating Details
9/28/2016Jefferies GroupSet Price TargetHold$10.00 -> $9.00View Rating Details
9/26/2016NomuraReiterated RatingSell$7.00View Rating Details
9/23/2016Goldman Sachs Group Inc.Reiterated RatingSellView Rating Details
9/23/2016Credit Suisse Group AGUpgradeUnderperform -> Neutral$5.00 -> $8.00View Rating Details
9/19/2016Zephirin GroupUpgradeHold -> BuyView Rating Details
9/15/2016Canaccord GenuityUpgradeSell -> HoldView Rating Details
8/25/2016Citigroup Inc.UpgradeSell -> Neutral$7.00 -> $11.00View Rating Details
8/12/2016RBC Capital MarketsReiterated RatingSector Perform$14.00 -> $11.00View Rating Details
8/12/2016Royal Bank Of CanadaLower Price TargetSector Perform$14.00 -> $11.00View Rating Details
8/5/2016JPMorgan Chase & Co.Set Price TargetSell$8.00 -> $9.00View Rating Details
8/5/2016SimmonsBoost Price TargetUnderweight$2.50 -> $4.65View Rating Details
8/5/2016SusquehannaUpgradeNegative -> Neutral$10.00 -> $11.00View Rating Details
8/4/2016Clarkson CapitalReiterated RatingNeutral$12.00View Rating Details
7/18/2016Wells Fargo & Co.UpgradeUnderperform -> Market Perform$12.15 -> $12.22View Rating Details
7/11/2016Seaport Global SecuritiesDowngradeNeutral -> Sell$10.00View Rating Details
6/29/2016Evercore ISIUpgradeSell -> Hold$11.00 -> $12.00View Rating Details
6/15/2016KLR GroupReiterated RatingBuy$19.00View Rating Details
3/28/2016Barclays PLCLower Price TargetUnderweight$6.00 -> $5.00View Rating Details
3/21/2016Cowen and CompanyLower Price Target$12.00 -> $9.00View Rating Details
3/12/2016Deutsche Bank AGReiterated RatingHoldView Rating Details
2/27/2016Iberia CapitalReiterated RatingHoldView Rating Details
2/23/2016Fearnley FondsDowngradeAccumulate -> ReduceView Rating Details
12/3/2015Raymond James Financial Inc.DowngradeMarket Perform -> UnderperformView Rating Details
11/30/2015GuggenheimUpgradeNeutral -> Buy$17.00View Rating Details
10/31/2015BMO Capital MarketsReiterated RatingUnderperform$10.00View Rating Details
10/8/2015KeyCorpInitiated CoverageSector WeightView Rating Details
8/7/2015S&P Equity ResearchReiterated RatingHold$14.00View Rating Details
4/22/2015Edward JonesDowngradeHold -> SellView Rating Details
(Data available from 10/28/2014 forward)


Earnings History for Transocean (NYSE:RIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/3/2016ListenView Earnings Details
8/3/2016Q2($0.01)$0.17$943.00 millionViewListenView Earnings Details
5/4/2016Q1$0.29$0.69$1.14 billion$1.34 billionViewListenView Earnings Details
2/24/2016Q4$0.73$1.68$1.44 billion$1.85 billionViewListenView Earnings Details
11/4/2015Q3$0.68$0.87$1.59 billion$1.61 billionViewListenView Earnings Details
8/5/2015Q2$0.50$1.11$1.70 billion$1.88 billionViewListenView Earnings Details
5/6/2015Q115$0.60$1.10$1.91 billion$2.04 billionViewListenView Earnings Details
2/25/2015Q414$0.77$0.95$2.10 billionViewListenView Earnings Details
11/10/2014Q314$0.82($6.12)$2.19 billion$2.27 billionViewListenView Earnings Details
8/6/2014Q214$1.12$1.61$2.27 billion$2.33 billionViewListenView Earnings Details
5/7/2014Q114$1.03$1.43$2.27 billion$2.34 billionViewListenView Earnings Details
2/26/2014Q413$1.18$0.73$2.36 billion$2.33 billionViewListenView Earnings Details
11/7/2013Q313$1.18$1.37$2.49 billion$2.56 billionViewListenView Earnings Details
8/7/2013Q2 2013$1.08$1.08$2.40 billion$2.40 billionViewListenView Earnings Details
5/8/2013Q1 2013$1.01$0.93$2.35 billion$2.20 billionViewListenView Earnings Details
3/4/2013Q4 2012$0.80$0.91$2.37 billion$2.33 billionViewListenView Earnings Details
11/5/2012Q312$0.77$1.37$2.54 billion$2.70 billionViewN/AView Earnings Details
8/1/2012$0.45$0.72ViewN/AView Earnings Details
5/2/2012$0.34$0.12ViewN/AView Earnings Details
11/2/2011$0.82($0.20)ViewN/AView Earnings Details
8/3/2011$0.87$0.65ViewN/AView Earnings Details
5/5/2011$0.80$0.96ViewN/AView Earnings Details
2/23/2011$0.89$0.83ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Transocean (NYSE:RIG)
Current Year EPS Consensus Estimate: $1 EPS
Next Year EPS Consensus Estimate: $-0.38 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201610$0.18$0.44$0.29
Q2 20169($0.26)$0.02($0.08)
Q3 20168($0.30)$0.17($0.08)
Q4 20168($0.17)$0.15$0.05
Q1 20173($0.07)$0.10($0.01)
Q2 20173($0.02)$0.09$0.04
Q3 20173($0.25)($0.10)($0.17)
Q4 20173($0.33)($0.14)($0.21)
Q1 20181($0.16)($0.16)($0.16)
Q2 20181($0.13)($0.13)($0.13)
Q3 20181($0.14)($0.14)($0.14)
(Data provided by Zacks Investment Research)


Current Dividend Information for Transocean (NYSE:RIG)
Annual Dividend:$0.00
Dividend Yield:0.00%
Dividend Growth:9.90% (3 Year Average)
Payout Ratio:0.00% (Based on Trailing 12 Months of Earnings)
0.00% (Based on Current Year Consensus EPS Estimate)
0.00% (Based on Next Year Consensus EPS Estimate)
Track Record:3 Years of Consecutive Dividend Growth

Dividend History for Transocean (NYSE:RIG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Transocean (NYSE:RIG)
Insider Ownership Percentage: 0.17%
Institutional Ownership Percentage: 71.51%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/23/2015Lars SjobringSVPSell5,324$14.40$76,665.60View SEC Filing  
9/2/2015Vanessa C L ChangDirectorBuy1,500$13.50$20,250.00View SEC Filing  
12/1/2014Steven L NewmanCEOBuy9,800$20.41$200,018.00View SEC Filing  
9/5/2014David A TonnelSVPSell1,053$38.31$40,340.43View SEC Filing  
8/27/2014John B StobartCOOSell8,451$38.07$321,729.57View SEC Filing  
6/9/2014Edward R MullerDirectorSell1,816$42.75$77,634.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Transocean (NYSE:RIG)
News IconMicrosoft Corporation (NASDAQ:MSFT) & Transocean LTD (NYSE:RIG) Stocks Buzz - Money News (NYSE:RIG) - October 28 at 10:52 AM
News Icon13F Action: Transocean LTD (RIG) Shares Rose While Oxford Asset Management Trimmed Position by $4.09 Million - Chester News (NYSE:RIG) - October 28 at 10:52 AM
News IconVolatile Stock in Broker's Choice: Transocean Ltd. (NYSE:RIG), Laredo Petroleum, Inc. (NYSE:LPI) - Seneca Globe (NYSE:RIG) - October 27 at 7:10 PM logoTransocean Inc. - Why Wait Till Wednesday...? Buy The Bonds - Seeking Alpha (NYSE:RIG) - October 27 at 7:10 PM logoSteady Stocks Transocean LTD (NYSE:RIG), Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) - Wall Street 24 (NYSE:RIG) - October 27 at 7:10 PM
News IconAnalyst's Report on: Transocean LTD (NYSE:RIG) - Post Registrar (NYSE:RIG) - October 27 at 7:10 PM logoTransocean - Complete Fleet Status As Of October 24, 2016, And Commentary (NYSE:RIG) - October 26 at 10:35 AM logoTransocean: Why No News is Good News (NYSE:RIG) - October 25 at 12:13 PM logoTransocean - Providence Resources And Lansdowne O&G Pay Out $1.35 Million In The Barryroe Dispute - Seeking Alpha (NYSE:RIG) - October 24 at 6:44 PM
News IconTransocean Ltd. (NYSE:RIG) earnings reaction history - The Independent Republic (NYSE:RIG) - October 24 at 6:44 PM logoTransocean Ltd. Provides Fleet Status Report - Nasdaq (NYSE:RIG) - October 24 at 6:44 PM logoTRANSOCEAN LTD. Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits (NYSE:RIG) - October 24 at 6:44 PM logoTransocean Ltd. Provides Fleet Status Report (NYSE:RIG) - October 24 at 6:44 PM logoTransocean - Providence Resources And Lansdowne O&G Pay Out $1.35 Million In The Barryroe Dispute (NYSE:RIG) - October 24 at 12:35 PM logoTransocean Breaks Below 200-Day Moving Average - Notable for RIG (NYSE:RIG) - October 24 at 12:35 PM
News IconAnalysts Set Transocean Ltd. (RIG) Price Target at $10.45 - Daily Quint - DailyQuint (NYSE:RIG) - October 23 at 11:16 AM
News IconProvidence Resources to Pay GBP1.1 Million to Transocean (NYSE:RIG) - October 21 at 10:37 AM
News IconHottest European Stocks Now: Nokia Corporation (NOK), Transocean Ltd. (RIG) - The Independent Republic (NYSE:RIG) - October 20 at 8:31 AM
News IconTrending Stocks On The Move: Transocean LTD (NYSE:RIG), Axalta Coating Systems Ltd (NYSE:AXTA) - NYSE Journal (press release) (NYSE:RIG) - October 20 at 8:31 AM logoTransocean: Consider Its 6.5% Bonds - Seeking Alpha (NYSE:RIG) - October 20 at 8:31 AM
News IconStock Mover of The Day: Transocean LTD (NYSE:RIG) Quarterly Sentiment Report - Post News (NYSE:RIG) - October 20 at 8:31 AM logoTransocean Ltd. Announces Closing of U.S. $600 Million of Secured Notes Due 2024 (NYSE:RIG) - October 20 at 8:31 AM logoTRANSOCEAN LTD. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Financial S (NYSE:RIG) - October 20 at 8:31 AM logoWhen to push the sell button on a stock (NYSE:RIG) - October 19 at 3:38 PM logoETF’s with exposure to Transocean Ltd. : October 19, 2016 (NYSE:RIG) - October 19 at 3:38 PM
News IconBrokerage Firm Target Review on Transocean Ltd. (NYSE:RIG) - Recall News (NYSE:RIG) - October 18 at 12:23 PM logoTransocean rig that ran aground now headed to Malta - Seeking Alpha (NYSE:RIG) - October 17 at 6:56 PM
News IconEuropean Stocks To Watch in U.S. Markets: Transocean Ltd. (RIG), ArcelorMittal (MT) - The Independent Republic (NYSE:RIG) - October 17 at 6:56 PM logoOffshore Drillers: Who Failed the Stress Test? (NYSE:RIG) - October 17 at 12:13 PM
News IconTransocean Ltd. (RIG) Bonds Trading 2% Lower (NYSE:RIG) - October 14 at 6:49 PM
News IconUpdate on Transocean Ltd. (NYSE:RIG) for the day (NYSE:RIG) - October 14 at 6:49 PM
News IconDo Analysts See Any Upside to Transocean Ltd. (NYSE:RIG) Shares? (NYSE:RIG) - October 14 at 6:49 PM logoFriday's Vital Data: JPMorgan Chase & Co. (JPM), Citigroup Inc (C) and Transocean LTD (RIG) - (NYSE:RIG) - October 14 at 10:20 AM
News IconShares in the Trader's Spot light- Transocean Ltd.'s (RIG) - Hot Stocks Point (NYSE:RIG) - October 14 at 10:20 AM logoFriday’s Vital Data: JPMorgan Chase & Co. (JPM), Citigroup Inc (C) and Transocean LTD (RIG) (NYSE:RIG) - October 14 at 9:30 AM
News IconAnalysts' Recommendations Stocks to Track: Twitter Inc (NYSE:TWTR) & Transocean LTD (NYSE:RIG) - Money News (NYSE:RIG) - October 13 at 7:13 PM logoInvestors Are Betting Big Against Transocean Ltd -- Are They Right? - Motley Fool (NYSE:RIG) - October 13 at 7:13 PM
News IconMomentum Stock in Focus: Transocean LTD (NYSE:RIG) - Post Registrar (NYSE:RIG) - October 13 at 7:13 PM
News Icon10 Worst Stocks of the Bull Market (NYSE:RIG) - October 13 at 10:47 AM logoTransocean's Latest Debt Deal Is Just Another Evidence Of Management's True Industry Assessment (NYSE:RIG) - October 12 at 6:59 PM
News IconProminent Runners: Hecla Mining Co. (NYSE:HL), Transocean Ltd. (NYSE:RIG) - The Newburgh Press (NYSE:RIG) - October 12 at 12:31 PM
News IconNews Recap: Transocean LTD (NYSE:RIG), Lions Gate Entertainment Corp. (USA)(NYSE:LGF), Momo Inc (ADR ... - NYSE Journal (press release) (NYSE:RIG) - October 12 at 12:31 PM logoEPS Projection For Transocean Ltd. (NYSE:RIG) At $0.12? - Stocks Daily (NYSE:RIG) - October 11 at 7:23 PM logoTransocean Ltd. Announces Third Quarter 2016 Earnings Release Date (NYSE:RIG) - October 11 at 7:23 PM logoTransocean LTD (NYSE:RIG) Files An 8-K (NYSE:RIG) - October 10 at 6:34 PM logoTransocean (RIG) Stock Rises on Higher Oil Prices (NYSE:RIG) - October 10 at 6:34 PM logo6:48 am Transocean's Transocean Phoenix 2 Limited prices $600 mln of secured notes due 2024 (NYSE:RIG) - October 9 at 11:12 AM logoTransocean: Good Size, Steep Rate (NYSE:RIG) - October 7 at 6:46 PM logoTransocean Ltd. Announces Pricing U.S. $600 Million of Secured Notes Due 2024 (NYSE:RIG) - October 7 at 12:16 PM logoTransocean Receives Early Termination Notice for Discoverer India Contract (RIG) (NYSE:RIG) - October 6 at 6:49 PM


Transocean (NYSE:RIG) Chart for Friday, October, 28, 2016

Last Updated on 10/28/2016 by Staff