Transocean (RIG) Stock Price, News & Analysis

Company Overview

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Key Stats

• Today's Range: $2.96 to $3.09
• 50-Day Range: $2.40 to $3.32
• 52-Week Range: $1.97 to $5.98
• Volume: 21.52 million shs
• Average Volume: 31.62 million shs
• Market Capitalization: $2.64 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.58
• Consensus Rating: Hold

Transocean Stock Analysis - MarketRank™

Transocean scored higher than 89% of companies evaluated by MarketBeat, and ranked 47th out of 264 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Transocean has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 4 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Transocean has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 100.00%

Earnings Growth

Earnings for Transocean are expected to grow by 100.00% in the coming year, from $0.14 to $0.28 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Transocean is -3.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Transocean is -3.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Transocean has a PEG Ratio of 5.94. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Transocean has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

17.67% of the float of Transocean has been sold short.

Short Interest Ratio / Days to Cover

Transocean has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently decreased by 3.17%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Transocean does not currently pay a dividend.

Dividend Growth

Transocean does not have a long track record of dividend growth.

Dividend Sustainability

Based on EPS estimates, Transocean will have a dividend payout ratio of 214.29% in the coming year. This indicates that Transocean may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -7.91

Percentage of Shares Shorted

17.67% of the float of Transocean has been sold short.

Short Interest Ratio / Days to Cover

Transocean has a short interest ratio ("days to cover") of 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently decreased by 3.17%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.18

News Sentiment

Transocean has a news sentiment score of 1.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.81 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Transocean this week, compared to 13 articles on an average week.

Search Interest

Only 26 people have searched for RIG on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.

MarketBeat Follows

18 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 38% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Transocean insiders have sold 185.79% more of their company's stock than they have bought. Specifically, they have bought $21,400.00 in company stock and sold $61,160.00 in company stock.

Percentage Held by Insiders

12.27% of the stock of Transocean is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

RIG Stock Analysis - Frequently Asked Questions

How have RIG shares performed this year?

Transocean's stock was trading at $3.75 on January 1st, 2025. Since then, RIG stock has decreased by 20.4% and is now trading at $2.9850.

How were Transocean's earnings last quarter?

Transocean Ltd. (NYSE:RIG) announced its quarterly earnings data on Monday, April, 28th. The offshore drilling services provider reported ($0.10) EPS for the quarter, beating analysts' consensus estimates of ($0.12) by $0.02. The firm's quarterly revenue was up 18.7% on a year-over-year basis.
Read the conference call transcript.

Does Transocean have any subsidiaries?

Transocean subsidiaries include these companies: Ocean Rig, Songa Offshore SE, 15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, Angola Deepwater Drilling Company (Offshore Services) Ltd, AngoSantaFe - Prestacao de Servicos Petroliferos Limitada, and others.

Who are Transocean's major shareholders?

Transocean's top institutional investors include Muhlenkamp & Co. Inc. (0.12%), Blair William & Co. IL (0.03%), Vontobel Holding Ltd. (0.03%) and PFG Investments LLC (0.03%). Insiders that own company stock include Perestroika, (Cyprus) Ltd Perestroika, Mark-Anthony Lovell Mey, David A Tonnel, Keelan Adamson, Roderick James Mackenzie, Chad C Deaton and Vanessa C L Chang.
View institutional ownership trends.

How do I buy shares of Transocean?

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

What other stocks do shareholders of Transocean own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Transocean investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

Company Calendar

• Last Earnings: 4/28/2025
• Today: 7/25/2025
• Next Earnings (Estimated): 8/04/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: OIL&GAS - DRILL
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: NYSE:RIG
• CIK: 1451505
• Web: www.deepwater.com
• Phone: (141) 479-0500
• Fax: 41 71 323 27 750
• Employees: 5,800
• Year Founded: 1953

Price Target and Rating

• Average Price Target for Transocean: $4.58
• High Price Target: $8.00
• Low Price Target: $2.80
• Potential Upside/Downside: +53.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.40
• Research Coverage: 10 Analysts

Profitability

• EPS (Trailing Twelve Months): ($0.95)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 21.32
• P/E Growth: 5.94
• Net Income: -$512 million
• Net Margins: -18.79%
• Pretax Margin: -12.82%
• Return on Equity: -0.94%
• Return on Assets: -0.50%

Debt

• Debt-to-Equity Ratio: 0.58
• Current Ratio: 1.33
• Quick Ratio: 1.06

Sales & Book Value

• Annual Sales: $3.67 billion
• Price / Sales: 0.72
• Cash Flow: $0.82 per share
• Price / Cash Flow: 3.65
• Book Value: $11.74 per share
• Price / Book: 0.25

Miscellaneous

• Outstanding Shares: 883,261,000
• Free Float: 774,885,000
• Market Cap: $2.64 billion
• Optionable: Optionable
• Beta: 2.50