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Transocean (RIG) Competitors

Transocean logo
$3.68 -0.05 (-1.34%)
(As of 12/17/2024 ET)

RIG vs. PR, OVV, AR, VNOM, SUN, HESM, CHRD, VIST, VVV, and MGY

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Permian Resources (PR), Ovintiv (OVV), Antero Resources (AR), Viper Energy (VNOM), Sunoco (SUN), Hess Midstream (HESM), Chord Energy (CHRD), Vista Energy (VIST), Valvoline (VVV), and Magnolia Oil & Gas (MGY). These companies are all part of the "petroleum and natural gas" industry.

Transocean vs.

Transocean (NYSE:RIG) and Permian Resources (NYSE:PR) are both oils/energy companies, but which is the better investment? We will contrast the two businesses based on the strength of their analyst recommendations, earnings, profitability, community ranking, media sentiment, institutional ownership, dividends, valuation and risk.

In the previous week, Permian Resources had 1 more articles in the media than Transocean. MarketBeat recorded 11 mentions for Permian Resources and 10 mentions for Transocean. Permian Resources' average media sentiment score of 1.11 beat Transocean's score of 0.51 indicating that Permian Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Permian Resources
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Permian Resources has a net margin of 21.20% compared to Transocean's net margin of -18.81%. Permian Resources' return on equity of 11.15% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-18.81% -1.48% -0.77%
Permian Resources 21.20%11.15%6.93%

Transocean has a beta of 2.75, suggesting that its share price is 175% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.35, suggesting that its share price is 335% more volatile than the S&P 500.

Transocean presently has a consensus price target of $6.25, suggesting a potential upside of 69.84%. Permian Resources has a consensus price target of $18.87, suggesting a potential upside of 35.05%. Given Transocean's higher possible upside, analysts clearly believe Transocean is more favorable than Permian Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22
Permian Resources
0 Sell rating(s)
2 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.94

Transocean received 858 more outperform votes than Permian Resources when rated by MarketBeat users. However, 63.27% of users gave Permian Resources an outperform vote while only 51.54% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
920
51.54%
Underperform Votes
865
48.46%
Permian ResourcesOutperform Votes
62
63.27%
Underperform Votes
36
36.73%

Transocean pays an annual dividend of $0.60 per share and has a dividend yield of 16.3%. Permian Resources pays an annual dividend of $0.60 per share and has a dividend yield of 4.3%. Transocean pays out -80.0% of its earnings in the form of a dividend. Permian Resources pays out 36.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Transocean is clearly the better dividend stock, given its higher yield and lower payout ratio.

67.7% of Transocean shares are held by institutional investors. Comparatively, 91.8% of Permian Resources shares are held by institutional investors. 13.2% of Transocean shares are held by company insiders. Comparatively, 12.8% of Permian Resources shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Permian Resources has lower revenue, but higher earnings than Transocean. Transocean is trading at a lower price-to-earnings ratio than Permian Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$3.31B0.97-$954M-$0.75-4.91
Permian Resources$3.12B3.60$476.31M$1.658.47

Summary

Permian Resources beats Transocean on 15 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$3.22B$886.69M$7.80B$19.62B
Dividend YieldN/A4.43%11.41%3.51%
P/E Ratio-4.912.7716.8243.81
Price / Sales0.972.1070.1017.46
Price / Cash28.926.4612.5121.73
Price / Book0.290.553.665.46
Net Income-$954M-$332.16M$919.90M$987.18M
7 Day Performance-7.65%-2.42%-2.15%-2.12%
1 Month Performance-12.80%-4.75%-1.00%1.31%
1 Year Performance-39.77%-7.97%5.31%16.44%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
4.0868 of 5 stars
$3.68
-1.3%
$6.25
+69.8%
-39.8%$3.22B$3.31B-4.915,800News Coverage
PR
Permian Resources
4.9342 of 5 stars
$14.19
-3.3%
$18.93
+33.4%
+4.9%$11.40B$3.12B8.90461Analyst Forecast
Positive News
OVV
Ovintiv
4.6543 of 5 stars
$39.91
-1.5%
$56.59
+41.8%
-9.9%$10.39B$10.88B5.371,743Analyst Forecast
AR
Antero Resources
3.811 of 5 stars
$31.77
-1.9%
$34.33
+8.1%
+43.6%$9.89B$4.08B227.14590Analyst Forecast
VNOM
Viper Energy
3.8312 of 5 stars
$50.98
-0.4%
$58.27
+14.3%
+64.5%$9.61B$835.80M21.97711Analyst Forecast
Analyst Revision
Positive News
SUN
Sunoco
2.8136 of 5 stars
$53.36
flat
$62.75
+17.6%
-7.7%$8.13B$23.07B12.272,389
HESM
Hess Midstream
2.9168 of 5 stars
$36.70
flat
$38.67
+5.4%
+15.8%$8.00B$1.35B15.55200Positive News
CHRD
Chord Energy
4.8607 of 5 stars
$116.02
-2.7%
$184.55
+59.1%
-29.7%$7.09B$3.90B6.01530Analyst Forecast
Insider Trade
VIST
Vista Energy
3.4966 of 5 stars
$58.03
+0.1%
$59.80
+3.1%
+103.1%$5.52B$1.17B11.24410
VVV
Valvoline
4.7678 of 5 stars
$37.95
-1.1%
$46.25
+21.9%
+2.3%$4.87B$1.62B23.6811,500Positive News
MGY
Magnolia Oil & Gas
3.5735 of 5 stars
$24.67
-2.6%
$27.75
+12.5%
+12.7%$4.85B$1.23B12.26247Analyst Forecast

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This page (NYSE:RIG) was last updated on 12/18/2024 by MarketBeat.com Staff
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