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: $10.01
  • 50 Day Moving Average: $11.16
  • 200 Day Moving Average: $10.37
  • Trailing P/E Ratio: 2.92
  • Foreward P/E Ratio: -27.81
  • P/E Growth: -0.14
  • Market Cap: $3.66B
  • Outstanding Shares: 365,391,000
  • Beta: 1.84
Additional Links:
Companies Related to Transocean:

Analyst Ratings

Consensus Ratings for Transocean (NYSE:RIG) (?)
Ratings Breakdown: 13 Sell Ratings, 11 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.58)
Consensus Price Target: $9.81 (1.97% downside)

Analysts' Ratings History for Transocean (NYSE:RIG)
DateFirmActionRatingPrice TargetDetails
8/16/2016NomuraSet Price TargetSell$7.00View Rating Details
8/16/2016Jefferies GroupReiterated RatingHold$11.00 -> $10.00View 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
8/8/2016Credit Suisse Group AGReiterated RatingSell$5.00View 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
7/27/2016Citigroup Inc.Reiterated RatingSellView 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
7/8/2016Canaccord GenuityDowngradeHold -> Sell$8.50View Rating Details
6/29/2016Evercore ISIUpgradeSell -> Hold$11.00 -> $12.00View Rating Details
6/15/2016KLR GroupReiterated RatingBuy$19.00View Rating Details
4/22/2016Goldman Sachs Group Inc.Reiterated RatingSell$7.50 -> $7.25View 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
3/11/2016ArgusReiterated RatingHoldView Rating Details
2/27/2016Iberia CapitalReiterated RatingHoldView Rating Details
2/26/2016Zephirin GroupLower Price TargetHold$12.00 -> $10.00View Rating Details
2/23/2016Fearnley FondsDowngradeAccumulate -> ReduceView Rating Details
1/30/2016Morgan StanleyReiterated RatingUnderweight$2.70View Rating Details
12/14/2015Howard WeilLower Price Target$17.00 -> $16.00View 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 8/25/2014 forward)


Earnings History for Transocean (NYSE:RIG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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: $0.97 EPS
Next Year EPS Consensus Estimate: $-0.36 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 201610$0.18$0.44$0.29
Q2 20169($0.26)$0.02($0.08)
Q3 201610($0.30)$0.17($0.08)
Q4 20169($0.17)$0.17$0.01
Q1 20175($0.08)$0.12$0.01
Q2 20174($0.14)$0.12($0.03)
Q3 20174($0.36)($0.13)($0.23)
Q4 20173($0.34)($0.12)($0.23)
(Data provided by Zacks Investment Research)


Current Dividend Information for Transocean (NYSE:RIG)
Annual Dividend:$0.00
Dividend Yield:0.00%
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)
Dividend Growth:9.90% (3 Year Average)

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)
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 IconTransocean Ltd.'s (RIG): Remarkable Runner - Hot Stocks Point (NYSE:RIG) - August 24 at 6:50 PM
News IconInvestor's Alert: Bristol-Myers Squibb Co (NYSE:BMY), Transocean LTD (NYSE:RIG) - NYSE Journal (press release) (NYSE:RIG) - August 24 at 10:12 AM logoTransocean set to try refloat of grounded rig - Seeking Alpha (NYSE:RIG) - August 24 at 10:12 AM
News IconTransocean Drilling Rig Refloated After Running Aground (NYSE:RIG) - August 23 at 7:16 PM
News IconTransocean Ltd.'s (RIG): Active Mover - Hot Stocks Point (NYSE:RIG) - August 23 at 11:38 AM
News IconStocks Under Review - Alibaba Group Holding (NYSE:BABA), Transocean LTD (NYSE:RIG) - Money News (press release) (NYSE:RIG) - August 23 at 11:38 AM logoStricken Transocean drilling rig successfully refloated - Seeking Alpha (NYSE:RIG) - August 23 at 11:38 AM logoTop 4 Shareholders of Transocean (NYSE:RIG) - August 23 at 11:38 AM logoMonday Sector Laggards: Energy, Services (NYSE:RIG) - August 22 at 7:02 PM
News IconHot Stocks: Corrections Corp Of America (NYSE:CXW), Transocean LTD (NYSE:RIG) - NYSE Journal (press release) (NYSE:RIG) - August 20 at 11:06 AM
News IconHave a Glance at IAMGOLD Corp (USA) (NYSE:IAG), Transocean LTD (NYSE:RIG) - Post Registrar (NYSE:RIG) - August 20 at 11:06 AM logoTransocean : Owners of stranded oil rig say salvage effort is at mercy of weather (NYSE:RIG) - August 19 at 10:04 AM logoTransocean (RIG) Stock Up as Oil Prices Advance (NYSE:RIG) - August 18 at 7:23 PM logoBig Movers: Transocean Ltd. (NYSE:RIG), Rock Creek Pharmaceuticals, Inc. (NASDAQ:RCPI), Mad Catz Interactive Inc ... - KC Register (NYSE:RIG) - August 17 at 10:09 AM
News IconActive Stock of Yesterday- Transocean Ltd.'s (RIG) - Hot Stocks Point (NYSE:RIG) - August 16 at 7:15 PM logoTransocean : LyondellBassell, Transocean and Post Properties rise (NYSE:RIG) - August 15 at 7:30 PM logoTransocean (RIG) Stock Pops as Oil Prices Gain (NYSE:RIG) - August 15 at 7:30 PM logoTransocean LTD (RIG), Diamond Offshore Drilling Inc (DO) And Others Receive Price Target Cuts From RBC (NYSE:RIG) - August 15 at 9:19 AM
News IconTransocean Ltd. (NYSE:RIG) Stock Rating of Outperform Reiterated at Wedbush - BNB Daily (blog) (NYSE:RIG) - August 14 at 11:35 AM logoBio-Rad Laboratories Larger Than S&P 500 Component Transocean (NYSE:RIG) - August 12 at 7:14 PM logoGood, bad, ugly: FL, TWTR & RIG (NYSE:RIG) - August 12 at 7:14 PM logoTRANSOCEAN LTD. Financials (NYSE:RIG) - August 11 at 7:38 PM
News IconInvestigations Launched On Transocean LTD (NYSE:RIG) Oil Rig That Hit The Scotland Shores (NYSE:RIG) - August 11 at 10:23 AM
News IconDrilling rig leaks oil off Scottish coast (NYSE:RIG) - August 10 at 7:37 PM logoDiesel Fuel Leaking From Grounded Oil Rig in U.K. (NYSE:RIG) - August 10 at 7:37 PM logoTransocean Winner rig fuel tanks leaking after running aground (NYSE:RIG) - August 10 at 7:37 PM logoRussia, Turkey Seek to Revive Gas Pipeline Plan—Energy Journal (NYSE:RIG) - August 10 at 10:15 AM logoOil Rig Washes Aground on Scotland Shore (NYSE:RIG) - August 10 at 10:15 AM
News IconHigh winds likely to hit Transocean oil rig salvage (NYSE:RIG) - August 10 at 10:15 AM logoWhat Do Analysts Recommend for Transocean after 2Q16 Results? (NYSE:RIG) - August 10 at 10:15 AM
News IconDrilling rig runs aground off Scottish Isles (NYSE:RIG) - August 9 at 7:25 PM logoTransocean (RIG) Stock Slides as Oil Prices Drop (NYSE:RIG) - August 9 at 7:25 PM logoOil rig carrying 280 tons of diesel runs aground off Scotland (NYSE:RIG) - August 9 at 7:25 PM logoTransocean Ltd (Switzerland) (RIG) Pops 2.63% for August 08 ... - (NYSE:RIG) - August 9 at 10:21 AM logoAn Eventful Week For Transocean - Transocean Ltd. (NYSE:RIG ... - Seeking Alpha (NYSE:RIG) - August 9 at 10:21 AM logoTransocean - All You Have To Know About Q2 2016 - Seeking Alpha (NYSE:RIG) - August 8 at 7:22 PM
News IconBank of America Corp (NYSE:BAC) & Transocean LTD (NYSE:RIG) Investor's Watch List - Money News (press release) (NYSE:RIG) - August 8 at 7:22 PM logoTransocean rig runs aground off Scotland - Seeking Alpha (NYSE:RIG) - August 8 at 7:22 PM logo[$$] Transocean Finally Cutting Costs (NYSE:RIG) - August 8 at 11:52 AM logoTransocean Rig Runs Aground Off Scottish Isles Amid Storms (NYSE:RIG) - August 8 at 11:52 AM logoTransocean LTD.'s (NYSE:RIG) Price Target Increased To $4.65 Following 2Q Results: Simmons (NYSE:RIG) - August 6 at 9:53 AM
News IconOasis Petroleum Inc. (NYSE:OAS) & Transocean LTD (NYSE:RIG) Eye-Catching Stocks - Money News (press release) (NYSE:RIG) - August 5 at 7:23 PM
News IconThis Hot Stock is Trending: Transocean Ltd. (NYSE:RIG) - News Oracle (NYSE:RIG) - August 5 at 7:23 PM logoTransocean Ltd.: Transocean Ltd. Reports Second Quarter 2016 Results (NYSE:RIG) - August 5 at 10:09 AM logoSusquehanna Boosts Rating On Transocean Ltd (Switzerland) Co (RIG) (NYSE:RIG) - August 5 at 10:09 AM logoEdited Transcript of RIG earnings conference call or presentation 4-Aug-16 1:00pm GMT (NYSE:RIG) - August 5 at 10:09 AM logoClarksons Analysts Look At Transocean's Q2 Results (NYSE:RIG) - August 4 at 7:38 PM
News IconTransocean Posts Unexpected Profit Thanks To More Cost Cuts (NYSE:RIG) - August 4 at 7:38 PM logoTransocean Lowers Cost Guidance 9% After Posting Surprise Profit (NYSE:RIG) - August 4 at 7:38 PM
News IconTransocean Posts Unexpected Profit Thanks to Cost Cuts (NYSE:RIG) - August 4 at 10:20 AM


Transocean (NYSE:RIG) Chart for Thursday, August, 25, 2016

Last Updated on 8/25/2016 by Staff