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Transocean (RIG) Competitors

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$5.52 -0.03 (-0.45%)
Closing price 10/9/2026 03:59 PM Eastern
Extended Trading
$5.52 +0.01 (+0.18%)
As of 10/9/2026 07:53 PM Eastern
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RIG vs. BORR, HAL, HP, NBR, and NE

Should you buy Transocean stock or one of its competitors? Transocean's main competitors and comparable companies include Borr Drilling (BORR), Halliburton (HAL), Helmerich & Payne (HP), Nabors Industries (NBR), and Noble (NE). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "energy equipment & services" industry.

How does Transocean compare to Borr Drilling?

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

In the previous week, Transocean had 3 more articles in the media than Borr Drilling. MarketBeat recorded 9 mentions for Transocean and 6 mentions for Borr Drilling. Transocean's average media sentiment score of 0.66 beat Borr Drilling's score of 0.41 indicating that Transocean is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
1 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Borr Drilling
0 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Borr Drilling has a net margin of -23.98% compared to Transocean's net margin of -40.24%. Transocean's return on equity of 2.60% beat Borr Drilling's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-40.24% 2.60% 1.37%
Borr Drilling -23.98%-5.95%-1.84%

Transocean presently has a consensus price target of $6.68, suggesting a potential upside of 21.10%. Borr Drilling has a consensus price target of $5.27, suggesting a potential upside of 10.30%. Given Transocean's higher possible upside, equities research analysts clearly believe Transocean is more favorable than Borr Drilling.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.33
Borr Drilling
2 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
2 Strong Buy rating(s)
2.40

67.7% of Transocean shares are held by institutional investors. Comparatively, 83.1% of Borr Drilling shares are held by institutional investors. 9.7% of Transocean shares are held by insiders. Comparatively, 7.9% of Borr Drilling shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Borr Drilling has lower revenue, but higher earnings than Transocean. Borr Drilling 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$3.97B1.55-$2.92B-$1.88N/A
Borr Drilling$1.02B1.48$45M-$0.78N/A

Transocean has a beta of 1.41, meaning that its share price is 41% more volatile than the broader market. Comparatively, Borr Drilling has a beta of 1.08, meaning that its share price is 8% more volatile than the broader market.

Summary

Transocean beats Borr Drilling on 11 of the 16 factors compared between the two stocks.

How does Transocean compare to Halliburton?

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

Transocean has a beta of 1.41, suggesting that its share price is 41% more volatile than the broader market. Comparatively, Halliburton has a beta of 0.83, suggesting that its share price is 17% less volatile than the broader market.

Transocean currently has a consensus target price of $6.68, indicating a potential upside of 21.10%. Halliburton has a consensus target price of $43.24, indicating a potential upside of 32.99%. Given Halliburton's stronger consensus rating and higher probable upside, analysts clearly believe Halliburton is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.33
Halliburton
1 Sell rating(s)
6 Hold rating(s)
18 Buy rating(s)
0 Strong Buy rating(s)
2.68

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
Transocean$3.97B1.55-$2.92B-$1.88N/A
Halliburton$22.18B1.22$1.28B$1.9117.02

In the previous week, Halliburton had 2 more articles in the media than Transocean. MarketBeat recorded 11 mentions for Halliburton and 9 mentions for Transocean. Transocean's average media sentiment score of 0.66 beat Halliburton's score of 0.29 indicating that Transocean is being referred to more favorably in the media.

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

Halliburton has a net margin of 7.16% compared to Transocean's net margin of -40.24%. Halliburton's return on equity of 18.71% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-40.24% 2.60% 1.37%
Halliburton 7.16%18.71%7.89%

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

Summary

Halliburton beats Transocean on 12 of the 17 factors compared between the two stocks.

How does Transocean compare to Helmerich & Payne?

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

Helmerich & Payne has higher earnings, but lower revenue 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
Helmerich & Payne$3.75B1.06-$163.70M-$1.41N/A
Transocean$3.97B1.55-$2.92B-$1.88N/A

Helmerich & Payne currently has a consensus target price of $44.18, indicating a potential upside of 10.69%. Transocean has a consensus target price of $6.68, indicating a potential upside of 21.10%. Given Transocean's higher probable upside, analysts plainly believe Transocean is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Helmerich & Payne
1 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.50
Transocean
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.33

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

In the previous week, Helmerich & Payne had 4 more articles in the media than Transocean. MarketBeat recorded 13 mentions for Helmerich & Payne and 9 mentions for Transocean. Helmerich & Payne's average media sentiment score of 0.67 beat Transocean's score of 0.66 indicating that Helmerich & Payne is being referred to more favorably in the media.

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

Helmerich & Payne has a beta of 0.69, indicating that its share price is 31% less volatile than the broader market. Comparatively, Transocean has a beta of 1.41, indicating that its share price is 41% more volatile than the broader market.

Helmerich & Payne has a net margin of -3.43% compared to Transocean's net margin of -40.24%. Transocean's return on equity of 2.60% beat Helmerich & Payne's return on equity.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne-3.43% -2.35% -0.99%
Transocean -40.24%2.60%1.37%

Summary

Transocean beats Helmerich & Payne on 9 of the 17 factors compared between the two stocks.

How does Transocean compare to Nabors Industries?

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

67.7% of Transocean shares are held by institutional investors. Comparatively, 81.9% of Nabors Industries shares are held by institutional investors. 9.7% of Transocean shares are held by insiders. Comparatively, 5.3% of Nabors Industries shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Nabors Industries has a net margin of 7.64% compared to Transocean's net margin of -40.24%. Transocean's return on equity of 2.60% beat Nabors Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-40.24% 2.60% 1.37%
Nabors Industries 7.64%-7.06%-1.45%

Transocean currently has a consensus target price of $6.68, suggesting a potential upside of 21.10%. Nabors Industries has a consensus target price of $103.43, suggesting a potential upside of 28.15%. Given Nabors Industries' higher probable upside, analysts plainly believe Nabors Industries is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.33
Nabors Industries
0 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25

In the previous week, Transocean had 8 more articles in the media than Nabors Industries. MarketBeat recorded 9 mentions for Transocean and 1 mentions for Nabors Industries. Transocean's average media sentiment score of 0.66 beat Nabors Industries' score of -0.67 indicating that Transocean is being referred to more favorably in the media.

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

Transocean has a beta of 1.41, suggesting that its share price is 41% more volatile than the broader market. Comparatively, Nabors Industries has a beta of 1.11, suggesting that its share price is 11% more volatile than the broader market.

Nabors Industries has lower revenue, but higher earnings 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
Transocean$3.97B1.55-$2.92B-$1.88N/A
Nabors Industries$3.21B0.40$286.62M$13.446.01

Summary

Transocean beats Nabors Industries on 11 of the 17 factors compared between the two stocks.

How does Transocean compare to Noble?

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

In the previous week, Transocean had 7 more articles in the media than Noble. MarketBeat recorded 9 mentions for Transocean and 2 mentions for Noble. Noble's average media sentiment score of 1.44 beat Transocean's score of 0.66 indicating that Noble is being referred to more favorably in the news media.

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

Noble has lower revenue, but higher earnings 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
Transocean$3.97B1.55-$2.92B-$1.88N/A
Noble$3.29B2.06$216.72M$0.9345.55

Transocean currently has a consensus target price of $6.68, indicating a potential upside of 21.10%. Noble has a consensus target price of $45.29, indicating a potential upside of 6.91%. Given Transocean's higher probable upside, analysts plainly believe Transocean is more favorable than Noble.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
2 Strong Buy rating(s)
2.33
Noble
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33

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

Transocean has a beta of 1.41, meaning that its share price is 41% more volatile than the broader market. Comparatively, Noble has a beta of 1, meaning that its share price has a similar volatility profile to the broader market.

Noble has a net margin of 4.88% compared to Transocean's net margin of -40.24%. Transocean's return on equity of 2.60% beat Noble's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-40.24% 2.60% 1.37%
Noble 4.88%1.93%1.18%

Summary

Transocean beats Noble on 9 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

MetricTransoceanEnergy Equipment & Services IndustryEnergy SectorNYSE Exchange
Market Cap$6.15B$3.56B$10.10B$23.07B
Dividend YieldN/A13.42%10.68%3.72%
P/E Ratio-2.9343.5820.3928.58
Price / Sales1.5517.26523.2920.72
Price / Cash8.1620.7537.2638.93
Price / Book0.752.134.094.72
Net Income-$2.92B$72.25M$4.35B$1.07B
7 Day Performance6.98%1.23%0.66%0.35%
1 Month Performance-2.48%-3.58%-1.91%-3.40%
1 Year Performance78.77%41.97%33.84%9.40%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
3.1794 of 5 stars
$5.52
-0.5%
$6.68
+21.1%
+78.8%$6.15B$3.97BN/A5,600
BORR
Borr Drilling
2.336 of 5 stars
$4.16
+6.3%
$5.27
+26.8%
+95.3%$1.23B$1.02BN/A2,784
HAL
Halliburton
4.8896 of 5 stars
$32.79
+2.9%
$43.24
+31.9%
+47.7%$26.54B$22.18B13.4446,000
HP
Helmerich & Payne
3.0038 of 5 stars
$40.16
+4.1%
$44.18
+10.0%
+82.5%$3.85B$3.75BN/A6,200
NBR
Nabors Industries
3.9417 of 5 stars
$83.29
+4.6%
$103.43
+24.2%
+115.5%$1.27B$3.21BN/A13,900

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This page (NYSE:RIG) was last updated on 10/11/2026 by MarketBeat.com Staff.
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