S&P 500   3,768.25 (-0.72%)
DOW   30,814.26 (-0.57%)
QQQ   311.86 (-0.79%)
AAPL   127.14 (-1.37%)
MSFT   212.65 (-0.17%)
FB   251.36 (+2.33%)
GOOGL   1,727.62 (-0.19%)
AMZN   3,104.25 (-0.74%)
TSLA   826.16 (-2.23%)
NVDA   514.38 (-2.58%)
BABA   243.46 (+0.20%)
CGC   33.39 (-3.55%)
GE   11.33 (-2.83%)
MU   80.72 (-0.71%)
AMD   88.21 (-2.84%)
T   29.17 (-0.41%)
NIO   56.27 (-7.56%)
F   9.83 (-3.34%)
ACB   12.04 (+0.67%)
BA   204.32 (-2.66%)
DIS   171.44 (-1.15%)
NFLX   497.98 (-0.58%)
GILD   63.33 (+1.49%)
S&P 500   3,768.25 (-0.72%)
DOW   30,814.26 (-0.57%)
QQQ   311.86 (-0.79%)
AAPL   127.14 (-1.37%)
MSFT   212.65 (-0.17%)
FB   251.36 (+2.33%)
GOOGL   1,727.62 (-0.19%)
AMZN   3,104.25 (-0.74%)
TSLA   826.16 (-2.23%)
NVDA   514.38 (-2.58%)
BABA   243.46 (+0.20%)
CGC   33.39 (-3.55%)
GE   11.33 (-2.83%)
MU   80.72 (-0.71%)
AMD   88.21 (-2.84%)
T   29.17 (-0.41%)
NIO   56.27 (-7.56%)
F   9.83 (-3.34%)
ACB   12.04 (+0.67%)
BA   204.32 (-2.66%)
DIS   171.44 (-1.15%)
NFLX   497.98 (-0.58%)
GILD   63.33 (+1.49%)
S&P 500   3,768.25 (-0.72%)
DOW   30,814.26 (-0.57%)
QQQ   311.86 (-0.79%)
AAPL   127.14 (-1.37%)
MSFT   212.65 (-0.17%)
FB   251.36 (+2.33%)
GOOGL   1,727.62 (-0.19%)
AMZN   3,104.25 (-0.74%)
TSLA   826.16 (-2.23%)
NVDA   514.38 (-2.58%)
BABA   243.46 (+0.20%)
CGC   33.39 (-3.55%)
GE   11.33 (-2.83%)
MU   80.72 (-0.71%)
AMD   88.21 (-2.84%)
T   29.17 (-0.41%)
NIO   56.27 (-7.56%)
F   9.83 (-3.34%)
ACB   12.04 (+0.67%)
BA   204.32 (-2.66%)
DIS   171.44 (-1.15%)
NFLX   497.98 (-0.58%)
GILD   63.33 (+1.49%)
S&P 500   3,768.25 (-0.72%)
DOW   30,814.26 (-0.57%)
QQQ   311.86 (-0.79%)
AAPL   127.14 (-1.37%)
MSFT   212.65 (-0.17%)
FB   251.36 (+2.33%)
GOOGL   1,727.62 (-0.19%)
AMZN   3,104.25 (-0.74%)
TSLA   826.16 (-2.23%)
NVDA   514.38 (-2.58%)
BABA   243.46 (+0.20%)
CGC   33.39 (-3.55%)
GE   11.33 (-2.83%)
MU   80.72 (-0.71%)
AMD   88.21 (-2.84%)
T   29.17 (-0.41%)
NIO   56.27 (-7.56%)
F   9.83 (-3.34%)
ACB   12.04 (+0.67%)
BA   204.32 (-2.66%)
DIS   171.44 (-1.15%)
NFLX   497.98 (-0.58%)
GILD   63.33 (+1.49%)
Log in
NYSE:RIG

Transocean Stock Forecast, Price & News

$3.28
-0.21 (-6.02 %)
(As of 01/15/2021 12:00 AM ET)
Add
Compare
Today's Range
$3.13
Now: $3.28
$3.41
50-Day Range
$1.85
MA: $2.41
$3.49
52-Week Range
$0.65
Now: $3.28
$6.39
Volume31.12 million shs
Average Volume39.76 million shs
Market Capitalization$2.02 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.44
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 12, 2020, it owned or had partial ownership interests in and operated a fleet of 45 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 14 harsh environment floaters, and 3 midwater floaters. The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd. is based in Steinhausen, Switzerland.
Transocean logo

MarketRank

Overall MarketRank

0.83 out of 5 stars

Oils/Energy Sector

314th out of 517 stocks

Drilling Oil & Gas Wells Industry

12th out of 25 stocks

Analyst Opinion: 0.9Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Drilling oil & gas wells
Sub-IndustryN/A
CUSIPN/A
Phone41-41-749-0500
Employees5,900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.09 billion
Cash Flow$1.06 per share
Book Value$19.40 per share

Profitability

Net Income$-1,255,000,000.00

Miscellaneous

Market Cap$2.02 billion
Next Earnings Date2/15/2021 (Estimated)
OptionableOptionable
$3.28
-0.21 (-6.02 %)
(As of 01/15/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive RIG News and Ratings via Email

Sign-up to receive the latest news and ratings for RIG and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Transocean (NYSE:RIG) Frequently Asked Questions

How has Transocean's stock price been impacted by COVID-19?

Transocean's stock was trading at $1.36 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, RIG stock has increased by 141.2% and is now trading at $3.28.
View which stocks have been most impacted by COVID-19
.

Is Transocean a buy right now?

18 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Transocean in the last year. There are currently 5 sell ratings, 12 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Transocean stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RIG, but not buy additional shares or sell existing shares.
View analyst ratings for Transocean
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Transocean?

Wall Street analysts have given Transocean a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Transocean wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Transocean's next earnings date?

Transocean is scheduled to release its next quarterly earnings announcement on Monday, February 15th 2021.
View our earnings forecast for Transocean
.

How were Transocean's earnings last quarter?

Transocean Ltd. (NYSE:RIG) posted its quarterly earnings data on Monday, November, 2nd. The offshore drilling services provider reported ($0.11) EPS for the quarter, beating the consensus estimate of ($0.13) by $0.02. The offshore drilling services provider had revenue of $773 million for the quarter, compared to analyst estimates of $782.99 million. Transocean had a negative return on equity of 5.92% and a negative net margin of 54.06%. During the same period last year, the business earned ($0.38) earnings per share.
View Transocean's earnings history
.

What price target have analysts set for RIG?

18 brokerages have issued 12-month price objectives for Transocean's stock. Their forecasts range from $1.15 to $4.00. On average, they anticipate Transocean's stock price to reach $2.09 in the next year. This suggests that the stock has a possible downside of 36.3%.
View analysts' price targets for Transocean
or view Wall Street analyst' top-rated stocks.

Who are some of Transocean's key competitors?

What other stocks do shareholders of Transocean own?

Who are Transocean's key executives?

Transocean's management team includes the following people:
  • Mr. Jeremy D. Thigpen, Pres, CEO & Exec. Director (Age 46, Pay $2.99M)
  • Mr. Mark-Anthony Lovell Mey Sr., Exec. VP & CFO (Age 58, Pay $1.82M)
  • Mr. Keelan I. Adamson, Exec. VP & Chief Operations Officer (Age 51, Pay $1.34M)
  • Mr. Howard E. Davis, Exec. VP, Chief Admin. Officer & Chief Information Officer (Age 62, Pay $1.24M)
  • Mr. Brady K. Long, Exec. VP & Gen. Counsel (Age 48, Pay $1.24M)
  • Mr. David A. Tonnel, Sr. VP & Chief Accounting Officer (Age 51)
  • Mr. Robert Thaddeus Vayda, VP of Corp. Fin. & Treasurer
  • Mr. Roddie Mackenzie, Sr. VP of Marketing, Innovation & Industry Relations
  • Ms. Janelle Daniel, VP of HR, Community Relations & Sustainability
  • Mr. Jason B. Pack, VP & Chief Audit Exec.

What is Transocean's stock symbol?

Transocean trades on the New York Stock Exchange (NYSE) under the ticker symbol "RIG."

Who are Transocean's major shareholders?

Transocean's stock is owned by many different institutional and retail investors. Top institutional shareholders include Brookstone Capital Management (0.00%) and Traynor Capital Management Inc. (0.00%). Company insiders that own Transocean stock include Chad C Deaton, David A Tonnel, Edward R Muller, Howard E Davis, Vanessa C L Chang and Vincent J Intrieri.
View institutional ownership trends for Transocean
.

Which institutional investors are selling Transocean stock?

RIG stock was sold by a variety of institutional investors in the last quarter, including Traynor Capital Management Inc..
View insider buying and selling activity for Transocean
or view top insider-selling stocks.

Which institutional investors are buying Transocean stock?

RIG stock was purchased by a variety of institutional investors in the last quarter, including Brookstone Capital Management. Company insiders that have bought Transocean stock in the last two years include Chad C Deaton, Edward R Muller, Howard E Davis, Vanessa C L Chang, and Vincent J Intrieri.
View insider buying and selling activity for Transocean
or or view top insider-buying stocks.

How do I buy shares of Transocean?

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

What is Transocean's stock price today?

One share of RIG stock can currently be purchased for approximately $3.28.

How big of a company is Transocean?

Transocean has a market capitalization of $2.02 billion and generates $3.09 billion in revenue each year. The offshore drilling services provider earns $-1,255,000,000.00 in net income (profit) each year or ($1.45) on an earnings per share basis. Transocean employs 5,900 workers across the globe.

What is Transocean's official website?

The official website for Transocean is www.deepwater.com.

How can I contact Transocean?

Transocean's mailing address is Turmstrasse30, Steinhausen V8, 6312. The offshore drilling services provider can be reached via phone at 41-41-749-0500 or via email at [email protected]

This page was last updated on 1/15/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.