NYSE:RIG Transocean (RIG) Stock Price, News & Analysis $5.32 +0.14 (+2.61%) Closing price 03:59 PM EasternExtended Trading$5.35 +0.03 (+0.66%) As of 05:21 PM Eastern Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Transocean Stock (NYSE:RIG) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Transocean alerts:Sign Up Key Stats Today's Range$5.27▼$5.4150-Day Range$5.10▼$6.9452-Week Range$3.68▼$7.66Volume28.04 million shsAverage Volume41.03 million shsMarket Capitalization$5.94 billionP/E Ratio37.96Dividend YieldN/APrice Target$6.61Consensus RatingHold Company Overview Transocean Ltd. is an offshore contract drilling company that provides drilling services to oil and gas companies around the world. Its work focuses on offshore exploration and development, particularly in deepwater and harsh-environment locations. The company owns and operates a fleet of offshore drilling rigs, including drillships and semisubmersible rigs. It contracts these rigs to customers and provides the crews and related services needed to conduct offshore drilling operations. Transocean serves customers across multiple offshore regions worldwide. Its business centers on complex drilling projects where deepwater capabilities or equipment suited to challenging conditions are required.AI Generated. May Contain Errors. Read More Transocean Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks69th Percentile Overall ScoreRIG MarketRank™: 3.429973821985 of 5 starsTransocean scored higher than 69% of companies evaluated by MarketBeat, and ranked 140th out of 242 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.6 / 5Analyst RatingHold Consensus RatingTransocean has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 1 strong buy rating, 3 buy ratings, 5 hold ratings, and 3 sell ratings.Upside PotentialTransocean has a consensus price target of $6.61, representing about 24.3% upside from its current price of $5.32.Amount of Analyst CoverageTransocean has only been the subject of 3 research reports in the past 90 days.Read more about Transocean's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth40.00% Earnings GrowthEarnings for Transocean are expected to grow by 40.00% in the coming year, from $0.20 to $0.28 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Transocean is 37.96, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.56.Price to Earnings Ratio vs. SectorThe P/E ratio of Transocean is 37.96, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.32.Price to Earnings Growth RatioTransocean has a PEG Ratio of 3.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioTransocean has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Short Interest1.0 / 5Short Interest LevelBearish Percentage of Shares Shorted31.99% of the float of Transocean has been sold short.Short Interest Ratio / Days to CoverTransocean has a short interest ratio ("days to cover") of 6.65.Change versus previous monthShort interest in Transocean has recently increased by 3.18%, indicating that investor sentiment is decreasing. Dividend0.0 / 5Dividend StrengthWeak Dividend YieldTransocean does not currently pay a dividend.Dividend GrowthTransocean does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Transocean is 428.57%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased 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.Read more about Transocean's dividend. News and Social Media2.8 / 5News Sentiment0.52 News SentimentTransocean has a news sentiment score of 0.52. 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 news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Transocean this week, compared to 9 articles on an average week.Search Interest19 people have searched for RIG on MarketBeat in the last 30 days. This is an increase of 46% compared to the previous 30 days.MarketBeat FollowsOnly 11 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is a decrease of -15% compared to the previous 30 days. Company Ownership1.1 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Transocean insiders have not sold or bought any company stock.Percentage Held by Insiders9.70% of the stock of Transocean is held by insiders.Percentage Held by Institutions67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Transocean's insider trading history. Receive RIG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Transocean and its competitors with MarketBeat's FREE daily newsletter. Submit View SMS TermsSMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy. RIG Stock News HeadlinesMorgan Stanley Adjusts Transocean Price Target to $6.50 From $7November 9 at 9:57 AM | marketscreener.comMTransocean (NYSE:RIG) Downgraded by Wall Street Zen to SellNovember 7, 2026 | americanbankingnews.comMy public warning after 55 years of watching the marketsDr. Martin D. Weiss has publicly predicted six major American market crashes over his 55-year career, each warning issued before the crisis hit. Now the founder of Weiss Ratings, the only conflict-free rating agency in America, says he is watching a $3 trillion problem that could trigger a chain reaction across markets and banks.November 11 at 1:00 AM | Weiss Ratings (Ad)Transocean (RIG) Dropped, So What Is Behind Its Latest Update?November 4, 2026 | finance.yahoo.comTransocean's Plunge Offers Upside As Its Big Merger NearsNovember 4, 2026 | seekingalpha.comIs Transocean (RIG) Entering A New Growth Phase After Its Strong Quarter?November 4, 2026 | finance.yahoo.comTransocean (RIG) Stock Looks Fairly Priced Against Future Cash FlowNovember 4, 2026 | finance.yahoo.comTransocean (RIG) Q3 2026 Earnings Call TranscriptNovember 3, 2026 | fool.comSee More Headlines RIG Stock Analysis - Frequently Asked Questions How have RIG shares performed this year? Transocean's stock was trading at $4.15 on January 1st, 2026. Since then, RIG stock has increased by 28.1% and is now trading at $5.3150. How were Transocean's earnings last quarter? Transocean Ltd. (NYSE:RIG) issued its earnings results on Monday, November, 2nd. The offshore drilling services provider reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.02 by $0.00. The business's revenue was down 8.9% compared to the same quarter last year. Read the conference call transcript. Does Transocean have any subsidiaries? Transocean subsidiaries include 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 more. Who are Transocean's major shareholders? Transocean's top institutional shareholders include Keybank National Association OH (1.15%), Cibc World Market Inc. (0.44%), Penn Capital Management Company LLC (0.34%) and Lancaster Investment Management (0.27%). Insiders that own company stock include Perestroika, Frederik Wilhelm Mohn, (Cyprus) Ltd Perestroika, Jeremy D Thigpen, Keelan Adamson, Roderick James Mackenzie, Chad C Deaton, Robert Thaddeus Vayda 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 NVIDIA (NVDA), Micron Technology (MU), Tesla (TSLA), Intel (INTC), Occidental Petroleum (OXY), ExxonMobil (XOM) and Advanced Micro Devices (AMD). Company Calendar Last Earnings11/02/2026Today11/11/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Yellow Zone (1w+) 1-Year History Nov 25 Feb 26 May 26 Aug 26 Nov 26 For the last 7 days, RIG's financial health has been in the Yellow zone, according to TradeSmith. Industry, Sector and Symbol Stock ExchangeNYSE SectorEnergy Industry Energy Equipment & Services Sub-IndustryOil & Gas Drilling Current SymbolNYSE:RIG CIK1451505 Webwww.deepwater.com Phone+41417490500Fax41 71 323 27 750Employees5,600Year Founded1953Price Target and Rating Average Price Target for Transocean$6.61 High Price Target$10.00 Low Price Target$4.50 Potential Upside/Downside+24.3%Consensus RatingHold Rating Score (0-4)2.17 Research Coverage12 Analysts Profitability EPS (Trailing Twelve Months)$0.14 Trailing P/E Ratio37.96 Forward P/E Ratio18.98 P/E Growth3.44Net Income-$2.92 billion Net Margins7.25% Pretax Margin5.17% Return on Equity1.84% Return on Assets1.00% Debt Debt-to-Equity Ratio0.54 Current Ratio1.53 Quick Ratio1.24 Sales & Book Value Annual Sales$4.03 billion Price / Sales1.47 Cash Flow$0.69 per share Price / Cash Flow7.65 Book Value$7.57 per share Price / Book0.70Miscellaneous Outstanding Shares1,116,922,000Free Float1,008,581,000Market Cap$5.94 billion OptionableOptionable Beta1.44 Social Links 10 Stocks Powering The Next AI Boom The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.Get This Free Report This page (NYSE:RIG) was last updated on 11/11/2026 by MarketBeat.com Staff. 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