Transocean (RIG) Competitors

$6.03
+0.03 (+0.50%)
(As of 05/17/2024 ET)

RIG vs. PTEN, VAL, HP, HPK, SSL, CPG, MGY, UGP, ORA, and SUN

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Patterson-UTI Energy (PTEN), Valaris (VAL), Helmerich & Payne (HP), HighPeak Energy (HPK), Sasol (SSL), Crescent Point Energy (CPG), Magnolia Oil & Gas (MGY), Ultrapar Participações (UGP), Ormat Technologies (ORA), and Sunoco (SUN). These companies are all part of the "oils/energy" sector.

Transocean vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Transocean (NYSE:RIG) are both mid-cap oils/energy companies, but which is the better stock? We will contrast the two businesses based on the strength of their risk, analyst recommendations, media sentiment, profitability, community ranking, institutional ownership, earnings, valuation and dividends.

In the previous week, Transocean had 4 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 10 mentions for Transocean and 6 mentions for Patterson-UTI Energy. Transocean's average media sentiment score of 1.37 beat Patterson-UTI Energy's score of 1.35 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
6 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Patterson-UTI Energy has a beta of 2.23, indicating that its share price is 123% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.83, indicating that its share price is 183% more volatile than the S&P 500.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B1.10$246.29M$0.6816.63
Transocean$2.83B1.75-$954M-$0.52-11.60

97.9% of Patterson-UTI Energy shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 2.3% of Patterson-UTI Energy shares are held by company insiders. Comparatively, 13.2% of Transocean shares are held 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.

Transocean received 118 more outperform votes than Patterson-UTI Energy when rated by MarketBeat users. However, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 51.72% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%
TransoceanOutperform Votes
915
51.72%
Underperform Votes
854
48.28%

Patterson-UTI Energy presently has a consensus price target of $15.67, indicating a potential upside of 38.52%. Transocean has a consensus price target of $7.70, indicating a potential upside of 27.69%. Given Transocean's stronger consensus rating and higher probable upside, analysts clearly believe Patterson-UTI Energy is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Transocean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40

Patterson-UTI Energy has a net margin of 4.07% compared to Patterson-UTI Energy's net margin of -13.27%. Transocean's return on equity of 7.13% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy4.07% 7.13% 4.57%
Transocean -13.27%-4.67%-2.42%

Summary

Patterson-UTI Energy beats Transocean on 14 of the 19 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$4.94B$1.22B$8.66B$18.10B
Dividend YieldN/A3.55%11.68%3.44%
P/E Ratio-11.608.0611.5223.99
Price / Sales1.752.6832.5310.66
Price / Cash45.178.8611.8719.24
Price / Book0.470.782.966.00
Net Income-$954M-$199.48M$994.91M$966.17M
7 Day Performance4.69%1.90%1.83%1.85%
1 Month Performance6.44%0.33%3.13%6.59%
1 Year Performance1.69%1.31%7.35%23.69%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.9852 of 5 stars
$11.00
+0.5%
$15.67
+42.4%
+3.1%$4.42B$4.15B16.1810,600Positive News
VAL
Valaris
3.418 of 5 stars
$75.68
+2.2%
$99.20
+31.1%
+31.8%$5.48B$1.78B6.625,985News Coverage
HP
Helmerich & Payne
3.0087 of 5 stars
$39.02
+0.7%
$42.00
+7.6%
+17.6%$3.85B$2.87B11.156,200Short Interest ↓
Analyst Revision
Positive News
HPK
HighPeak Energy
1.2584 of 5 stars
$14.43
+3.2%
$22.10
+53.2%
+5.9%$1.85B$1.11B11.6448Positive News
SSL
Sasol
3.059 of 5 stars
$7.31
-2.3%
N/A-37.7%$4.63B$16.30B0.0029,073Gap Down
CPG
Crescent Point Energy
3.8974 of 5 stars
$8.59
-0.1%
$13.81
+60.9%
N/A$5.32B$2.59B-107.30777Dividend Cut
Short Interest ↓
Analyst Revision
MGY
Magnolia Oil & Gas
1.6098 of 5 stars
$26.05
+0.9%
$27.88
+7.0%
+29.7%$5.32B$1.24B12.96247Insider Selling
Analyst Revision
UGP
Ultrapar Participações
1.2311 of 5 stars
$4.81
+1.5%
$4.37
-9.2%
+38.2%$5.36B$25.25B10.699,729
ORA
Ormat Technologies
4.6557 of 5 stars
$73.25
+3.7%
$84.29
+15.1%
-13.9%$4.42B$868.36M33.001,576Analyst Forecast
Analyst Revision
SUN
Sunoco
1.2926 of 5 stars
$53.70
+1.7%
$62.71
+16.8%
+21.7%$5.41B$23.07B11.962,389

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This page (NYSE:RIG) was last updated on 5/19/2024 by MarketBeat.com Staff

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