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Transocean (RIG) Competitors

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$6.19 -0.03 (-0.48%)
Closing price 05/29/2026 03:59 PM Eastern
Extended Trading
$6.19 0.00 (-0.02%)
As of 05/29/2026 07:57 PM Eastern
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RIG vs. HAL, HP, MGY, NBR, and NE

Should you buy Transocean stock or one of its competitors? MarketBeat compares Transocean with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Transocean include Halliburton (HAL), Helmerich & Payne (HP), Magnolia Oil & Gas (MGY), Nabors Industries (NBR), and Noble (NE). These companies are all part of the "energy" sector.

How does Transocean compare to Halliburton?

Halliburton (NYSE:HAL) and Transocean (NYSE:RIG) are both energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, profitability, dividends, media sentiment, risk, institutional ownership, earnings and analyst recommendations.

Halliburton has a beta of 0.73, meaning that its share price is 27% less volatile than the broader market. Comparatively, Transocean has a beta of 1.34, meaning that its share price is 34% more volatile than the broader market.

In the previous week, Halliburton had 9 more articles in the media than Transocean. MarketBeat recorded 24 mentions for Halliburton and 15 mentions for Transocean. Halliburton's average media sentiment score of 1.12 beat Transocean's score of 0.88 indicating that Halliburton is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Halliburton
14 Very Positive mention(s)
4 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Halliburton has higher revenue and earnings than Transocean. Transocean is trading at a lower price-to-earnings ratio than Halliburton, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Halliburton$22.18B1.46$1.28B$1.8221.29
Transocean$3.97B1.74-$2.92B-$2.98N/A

Halliburton has a net margin of 6.95% compared to Transocean's net margin of -66.79%. Halliburton's return on equity of 19.04% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Halliburton6.95% 19.04% 7.96%
Transocean -66.79%0.88%0.46%

85.2% of Halliburton shares are owned by institutional investors. Comparatively, 67.7% of Transocean shares are owned by institutional investors. 0.6% of Halliburton shares are owned by company insiders. Comparatively, 9.7% of Transocean shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Halliburton currently has a consensus target price of $43.05, suggesting a potential upside of 11.07%. Transocean has a consensus target price of $6.96, suggesting a potential upside of 12.51%. Given Transocean's higher possible upside, analysts clearly believe Transocean is more favorable than Halliburton.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Halliburton
1 Sell rating(s)
5 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.71
Transocean
3 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Halliburton beats Transocean on 12 of the 16 factors compared between the two stocks.

How does Transocean compare to Helmerich & Payne?

Transocean (NYSE:RIG) and Helmerich & Payne (NYSE:HP) are both mid-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, valuation, profitability, media sentiment, institutional ownership, analyst recommendations, dividends and risk.

Transocean has a beta of 1.34, indicating that its share price is 34% more volatile than the broader market. Comparatively, Helmerich & Payne has a beta of 0.62, indicating that its share price is 38% less volatile than the broader market.

Helmerich & Payne has a net margin of -9.38% compared to Transocean's net margin of -66.79%. Transocean's return on equity of 0.88% beat Helmerich & Payne's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-66.79% 0.88% 0.46%
Helmerich & Payne -9.38%-1.16%-0.48%

In the previous week, Transocean had 11 more articles in the media than Helmerich & Payne. MarketBeat recorded 15 mentions for Transocean and 4 mentions for Helmerich & Payne. Helmerich & Payne's average media sentiment score of 1.47 beat Transocean's score of 0.88 indicating that Helmerich & Payne is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helmerich & Payne
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

67.7% of Transocean shares are owned by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are owned by institutional investors. 9.7% of Transocean shares are owned by company insiders. Comparatively, 4.4% of Helmerich & Payne shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Transocean presently has a consensus price target of $6.96, indicating a potential upside of 12.51%. Helmerich & Payne has a consensus price target of $39.70, indicating a potential upside of 4.36%. Given Transocean's higher probable upside, research analysts plainly believe Transocean is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00
Helmerich & Payne
2 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.25

Helmerich & Payne has higher revenue and earnings than Transocean. Helmerich & Payne is trading at a lower price-to-earnings ratio than Transocean, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$3.97B1.74-$2.92B-$2.98N/A
Helmerich & Payne$4.00B0.95-$163.70M-$3.79N/A

Summary

Transocean beats Helmerich & Payne on 9 of the 16 factors compared between the two stocks.

How does Transocean compare to Magnolia Oil & Gas?

Transocean (NYSE:RIG) and Magnolia Oil & Gas (NYSE:MGY) are both mid-cap energy companies, but which is the better investment? We will contrast the two companies based on the strength of their risk, earnings, media sentiment, analyst recommendations, institutional ownership, valuation, dividends and profitability.

Magnolia Oil & Gas has a net margin of 24.40% compared to Transocean's net margin of -66.79%. Magnolia Oil & Gas' return on equity of 16.28% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-66.79% 0.88% 0.46%
Magnolia Oil & Gas 24.40%16.28%11.26%

67.7% of Transocean shares are held by institutional investors. Comparatively, 94.7% of Magnolia Oil & Gas shares are held by institutional investors. 9.7% of Transocean shares are held by insiders. Comparatively, 0.9% of Magnolia Oil & Gas shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, Transocean had 12 more articles in the media than Magnolia Oil & Gas. MarketBeat recorded 15 mentions for Transocean and 3 mentions for Magnolia Oil & Gas. Magnolia Oil & Gas' average media sentiment score of 1.29 beat Transocean's score of 0.88 indicating that Magnolia Oil & Gas is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Magnolia Oil & Gas
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Transocean presently has a consensus target price of $6.96, suggesting a potential upside of 12.51%. Magnolia Oil & Gas has a consensus target price of $31.42, suggesting a potential upside of 14.82%. Given Magnolia Oil & Gas' stronger consensus rating and higher possible upside, analysts clearly believe Magnolia Oil & Gas is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00
Magnolia Oil & Gas
0 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.41

Magnolia Oil & Gas has lower revenue, but higher earnings than Transocean. Transocean is trading at a lower price-to-earnings ratio than Magnolia Oil & Gas, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$3.97B1.74-$2.92B-$2.98N/A
Magnolia Oil & Gas$1.31B3.86$325.25M$1.7215.91

Transocean has a beta of 1.34, meaning that its stock price is 34% more volatile than the broader market. Comparatively, Magnolia Oil & Gas has a beta of 0.75, meaning that its stock price is 25% less volatile than the broader market.

Summary

Magnolia Oil & Gas beats Transocean on 12 of the 16 factors compared between the two stocks.

How does Transocean compare to Nabors Industries?

Nabors Industries (NYSE:NBR) and Transocean (NYSE:RIG) are both energy companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, earnings, institutional ownership, dividends, risk, profitability, media sentiment and valuation.

Nabors Industries has higher earnings, but lower revenue than Transocean. Transocean is trading at a lower price-to-earnings ratio than Nabors Industries, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nabors Industries$3.21B0.43$286.62M$12.777.28
Transocean$3.97B1.74-$2.92B-$2.98N/A

81.9% of Nabors Industries shares are owned by institutional investors. Comparatively, 67.7% of Transocean shares are owned by institutional investors. 5.4% of Nabors Industries shares are owned by insiders. Comparatively, 9.7% of Transocean shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Nabors Industries has a beta of 1.01, indicating that its share price is 1% more volatile than the broader market. Comparatively, Transocean has a beta of 1.34, indicating that its share price is 34% more volatile than the broader market.

Nabors Industries has a net margin of 7.32% compared to Transocean's net margin of -66.79%. Transocean's return on equity of 0.88% beat Nabors Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Nabors Industries7.32% -8.66% -1.59%
Transocean -66.79%0.88%0.46%

Nabors Industries currently has a consensus target price of $103.43, indicating a potential upside of 11.29%. Transocean has a consensus target price of $6.96, indicating a potential upside of 12.51%. Given Transocean's higher probable upside, analysts clearly believe Transocean is more favorable than Nabors Industries.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nabors Industries
0 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.29
Transocean
3 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

In the previous week, Transocean had 13 more articles in the media than Nabors Industries. MarketBeat recorded 15 mentions for Transocean and 2 mentions for Nabors Industries. Transocean's average media sentiment score of 0.88 beat Nabors Industries' score of 0.79 indicating that Transocean is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Nabors Industries
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Transocean beats Nabors Industries on 10 of the 16 factors compared between the two stocks.

How does Transocean compare to Noble?

Noble (NYSE:NE) and Transocean (NYSE:RIG) are both mid-cap energy companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, risk, institutional ownership, valuation, analyst recommendations, dividends and media sentiment.

68.1% of Noble shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 1.5% of Noble shares are held by company insiders. Comparatively, 9.7% of Transocean shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Noble has higher earnings, but lower revenue than Transocean. Transocean is trading at a lower price-to-earnings ratio than Noble, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Noble$3.20B2.31$216.72M$1.4332.42
Transocean$3.97B1.74-$2.92B-$2.98N/A

Noble has a net margin of 7.17% compared to Transocean's net margin of -66.79%. Noble's return on equity of 2.32% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Noble7.17% 2.32% 1.40%
Transocean -66.79%0.88%0.46%

In the previous week, Transocean had 11 more articles in the media than Noble. MarketBeat recorded 15 mentions for Transocean and 4 mentions for Noble. Noble's average media sentiment score of 1.26 beat Transocean's score of 0.88 indicating that Noble is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Noble
2 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Noble presently has a consensus target price of $45.38, suggesting a potential downside of 2.12%. Transocean has a consensus target price of $6.96, suggesting a potential upside of 12.51%. Given Transocean's higher probable upside, analysts clearly believe Transocean is more favorable than Noble.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Noble
0 Sell rating(s)
9 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.18
Transocean
3 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.00

Noble has a beta of 0.94, meaning that its share price is 6% less volatile than the broader market. Comparatively, Transocean has a beta of 1.34, meaning that its share price is 34% more volatile than the broader market.

Summary

Noble beats Transocean on 10 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RIG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RIG vs. The Competition

MetricTransoceanOIL&GAS IndustryEnergy SectorNYSE Exchange
Market Cap$6.91B$3.96B$10.03B$22.74B
Dividend YieldN/A3.42%10.43%4.08%
P/E Ratio-2.089.8419.8530.62
Price / Sales1.741.84794.2515.47
Price / Cash9.168.2938.4925.14
Price / Book0.841.564.244.79
Net Income-$2.92B-$52.06M$4.23B$1.07B
7 Day Performance-9.04%-6.16%-2.23%1.14%
1 Month Performance-9.26%-6.14%-2.35%1.26%
1 Year Performance148.59%124.43%50.45%28.06%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
3.5077 of 5 stars
$6.19
-0.5%
$6.96
+12.5%
+148.6%$6.91B$3.97BN/A5,600
HAL
Halliburton
4.4794 of 5 stars
$41.50
+0.1%
$42.86
+3.3%
+97.7%$34.67B$22.18B22.8046,000
HP
Helmerich & Payne
3.3431 of 5 stars
$39.88
0.0%
$39.70
-0.4%
+149.0%$3.98B$4.00BN/A6,200
MGY
Magnolia Oil & Gas
3.6262 of 5 stars
$29.28
+0.2%
$31.00
+5.9%
+27.4%$5.42B$1.31B17.03210
NBR
Nabors Industries
2.8915 of 5 stars
$104.96
-0.4%
$93.63
-10.8%
+259.2%$1.55B$3.21B8.2213,900

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This page (NYSE:RIG) was last updated on 5/31/2026 by MarketBeat.com Staff.
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