Transocean (RIG) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $5.31 to $5.39
• 50-Day Range: $5.10 to $6.94
• 52-Week Range: $3.68 to $7.66
• Volume: 4.85 million shs
• Average Volume: 40.79 million shs
• Market Capitalization: $6.01 billion
• P/E Ratio: 38.46
• Dividend Yield: N/A
• Price Target: $6.61
• Consensus Rating: Hold

Transocean Stock Analysis - MarketRank™

Transocean scored higher than 67% of companies evaluated by MarketBeat, and ranked 138th 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 Opinion

• Score: 3.6 / 5
• Analyst Rating: Hold

Consensus Rating

Transocean 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 Potential

Transocean has a consensus price target of $6.61, representing about 23.6% upside from its current price of $5.35.

Amount of Analyst Coverage

Transocean has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 35.00%

Earnings Growth

Earnings for Transocean are expected to grow by 35.00% in the coming year, from $0.20 to $0.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Transocean is 38.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 25.72.

Price to Earnings Ratio vs. Sector

The P/E ratio of Transocean is 38.25, which means that it is trading at a more expensive P/E ratio than the Energy sector average P/E ratio of about 21.73.

Price to Earnings Growth Ratio

Transocean has a PEG Ratio of 3.62. 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 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

31.99% 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 6.65.

Change versus previous month

Short interest in Transocean has recently increased by 3.18%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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 222.22% in the coming year. This indicates that Transocean may not be able to sustain their current dividend.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.44

News Sentiment

Transocean has a news sentiment score of 0.44. 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 lower news sentiment than the 0.59 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Transocean this week, compared to 9 articles on an average week.

Search Interest

22 people have searched for RIG on MarketBeat in the last 30 days. This is an increase of 69% compared to the previous 30 days.

MarketBeat Follows

12 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 9% compared to the previous 30 days.

Company Ownership

• Score: 1.1 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Transocean insiders have not sold or bought any company stock.

Percentage Held by Insiders

9.70% of the stock of Transocean is held by insiders.

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.

Company Calendar

• Last Earnings: 11/02/2026
• Today: 11/13/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Energy Equipment & Services
• Sub-Industry: Oil & Gas Drilling
• Current Symbol: NYSE:RIG
• CIK: 1451505
• Web: www.deepwater.com
• Phone: +41417490500
• Fax: 41 71 323 27 750
• Employees: 5,600
• Year Founded: 1953

Price Target and Rating

• Average Price Target for Transocean: $6.61
• High Price Target: $10.00
• Low Price Target: $4.50
• Potential Upside/Downside: +22.7%
• Consensus Rating: Hold
• Rating Score (0-4): 2.17
• Research Coverage: 12 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.14
• Trailing P/E Ratio: 38.46
• Forward P/E Ratio: 19.94
• P/E Growth: 3.62
• Net Income: -$2.92 billion
• Net Margins: 7.25%
• Pretax Margin: 5.17%
• Return on Equity: 1.84%
• Return on Assets: 1.00%

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.53
• Quick Ratio: 1.24

Sales & Book Value

• Annual Sales: $3.97 billion
• Price / Sales: 1.52
• Cash Flow: $0.69 per share
• Price / Cash Flow: 7.86
• Book Value: $7.57 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 1,116,920,000
• Free Float: 1,008,581,000
• Market Cap: $6.01 billion
• Optionable: Optionable
• Beta: 1.44