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Transocean (RIG) Competitors

$5.18
-0.06 (-1.15%)
(As of 06/20/2024 ET)

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

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), Borr Drilling (BORR), Precision Drilling (PDS), Nabors Industries (NBR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and EQT (EQT). 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 better business? We will contrast the two businesses based on the strength of their analyst recommendations, risk, community ranking, valuation, profitability, earnings, institutional ownership, dividends and media sentiment.

Transocean received 903 more outperform votes than Valaris when rated by MarketBeat users. Likewise, 51.72% of users gave Transocean an outperform vote while only 36.36% of users gave Valaris an outperform vote.

CompanyUnderperformOutperform
ValarisOutperform Votes
12
36.36%
Underperform Votes
21
63.64%
TransoceanOutperform Votes
915
51.72%
Underperform Votes
854
48.28%

Valaris has a beta of 1.24, indicating that its stock price is 24% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.82, indicating that its stock price is 182% more volatile than the S&P 500.

Valaris presently has a consensus target price of $99.20, suggesting a potential upside of 36.81%. Transocean has a consensus target price of $7.70, suggesting a potential upside of 48.65%. Given Valaris' higher probable upside, analysts plainly believe Transocean is more favorable than Valaris.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Valaris
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Transocean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, Valaris and Valaris both had 2 articles in the media. Valaris' average media sentiment score of 1.55 beat Transocean's score of 0.13 indicating that Transocean is being referred to more favorably in the news media.

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

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$1.78B2.94$865.40M$11.436.34
Transocean$2.83B1.50-$954M-$0.52-9.96

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 hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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%

Summary

Valaris beats Transocean on 9 of the 16 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$4.29B$1.11B$7.69B$17.81B
Dividend YieldN/A3.43%11.68%3.64%
P/E Ratio-9.965.3214.8423.00
Price / Sales1.502.55117.1915.27
Price / Cash39.258.1010.5819.25
Price / Book0.400.733.304.82
Net Income-$954M-$199.48M$964.45M$975.35M
7 Day Performance0.10%1.40%-0.09%0.92%
1 Month Performance-15.84%-5.93%-3.43%-3.84%
1 Year Performance-17.71%-5.05%0.62%7.94%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VAL
Valaris
3.0178 of 5 stars
$72.35
+0.1%
$99.20
+37.1%
+27.3%$5.24B$1.78B6.335,985High Trading Volume
PTEN
Patterson-UTI Energy
4.9511 of 5 stars
$9.86
-0.5%
$15.67
+58.9%
-13.7%$3.96B$4.15B14.5010,600Analyst Downgrade
Positive News
HP
Helmerich & Payne
2.9515 of 5 stars
$33.34
+1.1%
$42.00
+26.0%
-0.1%$3.29B$2.87B9.536,200Positive News
HPK
HighPeak Energy
1.9257 of 5 stars
$13.94
+2.1%
$23.60
+69.3%
+8.3%$1.78B$1.18B11.2448Positive News
BORR
Borr Drilling
2.6417 of 5 stars
$6.29
+0.6%
$9.00
+43.1%
-6.7%$959.16M$771.60M37.002,869
PDS
Precision Drilling
1.7285 of 5 stars
$65.75
+0.2%
$48.00
-27.0%
+46.7%$951.40M$1.44B5.785,560Positive News
NBR
Nabors Industries
0.9254 of 5 stars
$62.99
+1.9%
$119.67
+90.0%
-32.0%$673.99M$3.05B-4.5612,000Positive News
ICD
Independence Contract Drilling
0 of 5 stars
$1.40
-2.8%
N/A-47.0%$21.29M$210.11M-0.42450Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.03
flat
N/A-45.3%$840,000.00$120,000.00-0.273Gap Down
EQT
EQT
3.9776 of 5 stars
$38.23
-0.9%
$45.24
+18.3%
-3.9%$16.88B$6.91B27.70881Short Interest ↑
Positive News

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This page (NYSE:RIG) was last updated on 6/21/2024 by MarketBeat.com Staff

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