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: $2.16 to $2.31
• 50-Day Range: $2.15 to $3.88
• 52-Week Range: $1.97 to $6.38
• Volume: 44.82 million shs
• Average Volume: 24.08 million shs
• Market Capitalization: $2.01 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.59
• Consensus Rating: Hold

Transocean Stock Analysis - MarketRank™

Transocean scored higher than 86% of companies evaluated by MarketBeat, and ranked 68th out of 271 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 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Transocean has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 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 -3.13, 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 -3.13, 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 0.86. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Transocean has a P/B Ratio of 0.20. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

18.25% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently increased by 0.21%, indicating that investor sentiment is decreasing.

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

18.25% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Transocean has recently increased by 0.21%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 0.26

News Sentiment

Transocean has a news sentiment score of 0.26. 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 0.67 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 17 news articles for Transocean this week, compared to 12 articles on an average week.

Search Interest

40 people have searched for RIG on MarketBeat in the last 30 days. This is an increase of 21% compared to the previous 30 days.

MarketBeat Follows

29 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: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Transocean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $133,760.00 in company stock.

Percentage Held by Insiders

13.16% 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 39.1% and is now trading at $2.2850.
View the best growth stocks for 2025 here.

How were Transocean's earnings last quarter?

Transocean Ltd. (NYSE:RIG) posted its quarterly earnings data on Monday, February, 17th. The offshore drilling services provider reported ($0.09) earnings per share for the quarter, missing analysts' consensus estimates of $0.02 by $0.11. The offshore drilling services provider had revenue of $952 million for the quarter, compared to the consensus estimate of $962.28 million. Transocean had a negative net margin of 14.53% and a negative trailing twelve-month return on equity of 0.52%.
Read the conference call transcript.

Does Transocean have any subsidiaries?

The following companies are subsidiaries of Transocean: 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 Rhumbline Advisers (0.12%), SG Americas Securities LLC (0.11%), IMC Chicago LLC and Exchange Traded Concepts LLC (0.03%). Insiders that own company stock include Perestroika, (Cyprus) Ltd Perestroika, Frederik Wilhelm Mohn, Mark-Anthony Lovell Mey, David A Tonnel, Roderick James Mackenzie, Keelan Adamson, 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: 2/17/2025
• Today: 4/17/2025
• Next Earnings (Estimated): 4/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Energy
• Industry: Drilling oil & gas wells
• 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: 5,340
• Year Founded: 1953

Price Target and Rating

• Average Stock Price Target: $4.59
• High Stock Price Target: $8.00
• Low Stock Price Target: $2.80
• Potential Upside/Downside: +110.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.73)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 15.61
• P/E Growth: 0.86
• Net Income: $-954,000,000.00
• Net Margins: -14.53%
• Pretax Margin: -14.84%
• Return on Equity: -0.52%
• Return on Assets: -0.27%

Debt

• Debt-to-Equity Ratio: 0.60
• Current Ratio: 1.47
• Quick Ratio: 1.34

Sales & Book Value

• Annual Sales: $3.52 billion
• Price / Sales: 0.55
• Cash Flow: $0.52 per share
• Price / Cash Flow: 4.20
• Book Value: $11.70 per share
• Price / Book: 0.19

Miscellaneous

• Outstanding Shares: 883,261,000
• Free Float: 763,225,000
• Market Cap: $1.93 billion
• Optionable: Optionable
• Beta: 2.29