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Transocean (RIG) Competitors

$5.80
-0.02 (-0.34%)
(As of 07/26/2024 ET)

RIG vs. VAL, PTEN, HP, HPK, PDS, BORR, NBR, ICD, AMNI, and CTRA

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Valaris (VAL), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Nabors Industries (NBR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and Coterra Energy (CTRA). These companies are all part of the "oils/energy" sector.

Transocean vs.

Valaris (NYSE:VAL) and Transocean (NYSE:RIG) are both mid-cap oils/energy companies, but which is the superior business? We will contrast the two companies based on the strength of their community ranking, dividends, analyst recommendations, institutional ownership, risk, media sentiment, profitability, earnings and valuation.

Transocean received 904 more outperform votes than Valaris when rated by MarketBeat users. Likewise, 51.75% of users gave Transocean an outperform vote while only 35.29% of users gave Valaris an outperform vote.

CompanyUnderperformOutperform
ValarisOutperform Votes
12
35.29%
Underperform Votes
22
64.71%
TransoceanOutperform Votes
916
51.75%
Underperform Votes
854
48.25%

Valaris has a net margin of 44.93% compared to Valaris' net margin of -13.27%. Transocean's return on equity of 3.81% beat Valaris' return on equity.

Company Net Margins Return on Equity Return on Assets
Valaris44.93% 3.81% 1.62%
Transocean -13.27%-4.67%-2.42%

Valaris currently has a consensus price target of $99.20, indicating a potential upside of 24.09%. Transocean has a consensus price target of $7.70, indicating a potential upside of 32.76%. Given Valaris' higher possible upside, analysts clearly believe Transocean is more favorable than Valaris.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Valaris
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Transocean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Transocean had 8 more articles in the media than Valaris. MarketBeat recorded 20 mentions for Transocean and 12 mentions for Valaris. Transocean's average media sentiment score of 0.61 beat Valaris' score of 0.03 indicating that Valaris is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Valaris
5 Very Positive mention(s)
4 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
2 Very Positive mention(s)
4 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

96.7% of Valaris shares are owned by institutional investors. Comparatively, 67.7% of Transocean shares are owned by institutional investors. 0.1% of Valaris shares are owned by company insiders. Comparatively, 13.2% of Transocean shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Valaris$1.88B3.08$865.40M$11.436.99
Transocean$2.83B1.93-$954M-$0.52-11.15

Valaris has a beta of 1.21, meaning that its stock price is 21% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.85, meaning that its stock price is 185% more volatile than the S&P 500.

Summary

Valaris beats Transocean on 10 of the 17 factors compared between the two stocks.

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

MetricTransoceanDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$5.46B$1.28B$8.20B$18.49B
Dividend YieldN/A3.33%11.70%3.51%
P/E Ratio-11.155.7516.0225.43
Price / Sales1.932.4771.1015.35
Price / Cash39.408.429.1319.61
Price / Book0.450.853.795.08
Net Income-$954M-$199.48M$961.59M$977.27M
7 Day Performance10.06%2.39%-0.14%1.57%
1 Month Performance8.72%5.05%1.53%5.69%
1 Year Performance-29.27%-12.22%353.20%9.05%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VAL
Valaris
3.2822 of 5 stars
3.28 / 5 stars
$79.81
+2.2%
$99.20
+24.3%
+6.6%$5.78B$1.78B6.985,985Upcoming Earnings
PTEN
Patterson-UTI Energy
4.947 of 5 stars
4.95 / 5 stars
$10.18
-0.4%
$14.95
+46.9%
-32.3%$4.09B$4.15B14.9710,600Dividend Announcement
Analyst Upgrade
News Coverage
Positive News
HP
Helmerich & Payne
1.7732 of 5 stars
1.77 / 5 stars
$37.76
-0.1%
$41.63
+10.2%
-6.0%$3.73B$2.87B10.796,200Earnings Report
Analyst Forecast
News Coverage
HPK
HighPeak Energy
3.7795 of 5 stars
3.78 / 5 stars
$16.30
-3.3%
$24.10
+47.9%
+16.3%$2.08B$1.11B13.1548
PDS
Precision Drilling
1.6664 of 5 stars
1.67 / 5 stars
$72.71
+1.2%
$46.80
-35.6%
+23.5%$1.04B$1.44B6.395,560Upcoming Earnings
BORR
Borr Drilling
2.335 of 5 stars
2.34 / 5 stars
$6.75
+0.6%
$9.00
+33.3%
-19.1%$1.01B$771.60M39.712,869Short Interest ↑
News Coverage
NBR
Nabors Industries
0.1424 of 5 stars
0.14 / 5 stars
$81.04
-1.0%
$112.50
+38.8%
-15.9%$867.13M$3.05B-5.8712,000Earnings Report
Analyst Forecast
Options Volume
Analyst Revision
News Coverage
ICD
Independence Contract Drilling
0.0956 of 5 stars
0.10 / 5 stars
$1.39
-1.4%
N/A-50.7%$21.45M$192.99M-0.42450Upcoming Earnings
Analyst Forecast
Short Interest ↑
Analyst Revision
AMNI
American Noble Gas
0 of 5 stars
0.00 / 5 stars
$0.00
flat
N/AN/A$34,000.00$120,000.00-0.013Gap Up
CTRA
Coterra Energy
4.8515 of 5 stars
4.85 / 5 stars
$26.13
-2.2%
$33.94
+29.9%
-5.1%$19.45B$5.91B15.10980Upcoming Earnings
News Coverage
Positive News

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This page (NYSE:RIG) was last updated on 7/27/2024 by MarketBeat.com Staff

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