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Transocean (RIG) Competitors

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$4.06 -0.05 (-1.10%)
As of 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

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

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Permian Resources (PR), Antero Resources (AR), Ovintiv (OVV), Viper Energy (VNOM), APA (APA), Hess Midstream (HESM), Sunoco (SUN), Chord Energy (CHRD), Vista Energy (VIST), 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 superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, community ranking, media sentiment, valuation and risk.

67.7% of Transocean shares are owned by institutional investors. Comparatively, 91.8% of Permian Resources shares are owned by institutional investors. 12.5% of Transocean shares are owned by company insiders. Comparatively, 12.8% of Permian Resources shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Transocean received 857 more outperform votes than Permian Resources when rated by MarketBeat users. However, 64.00% of users gave Permian Resources an outperform vote while only 51.51% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
921
51.51%
Underperform Votes
867
48.49%
Permian ResourcesOutperform Votes
64
64.00%
Underperform Votes
36
36.00%

In the previous week, Transocean had 25 more articles in the media than Permian Resources. MarketBeat recorded 43 mentions for Transocean and 18 mentions for Permian Resources. Permian Resources' average media sentiment score of 0.73 beat Transocean's score of 0.08 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
8 Very Positive mention(s)
6 Positive mention(s)
26 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Neutral
Permian Resources
4 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Transocean presently has a consensus price target of $5.94, suggesting a potential upside of 47.69%. Permian Resources has a consensus price target of $19.06, suggesting a potential upside of 19.89%. Given Transocean's higher probable upside, equities research analysts plainly 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)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.20
Permian Resources
0 Sell rating(s)
2 Hold rating(s)
14 Buy rating(s)
1 Strong Buy rating(s)
2.94

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%

Permian Resources has higher revenue and 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$2.83B1.24-$954M-$0.75-5.37
Permian Resources$3.12B4.09$476.31M$1.659.64

Transocean has a beta of 2.73, suggesting that its share price is 173% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.32, suggesting that its share price is 332% more volatile than the S&P 500.

Summary

Permian Resources beats Transocean on 16 of the 19 factors compared between the two stocks.

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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$3.53B$1.07B$9.31B$19.96B
Dividend YieldN/A4.12%11.58%3.71%
P/E Ratio-5.383.1013.3241.39
Price / Sales1.242.3349.2217.28
Price / Cash30.196.9811.5919.82
Price / Book0.310.684.395.76
Net Income-$954M-$225.86M$949.17M$994.45M
7 Day Performance-0.37%0.93%1.94%3.31%
1 Month Performance9.38%5.89%8.37%2.04%
1 Year Performance-23.77%-2.88%467.76%19.86%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
4.7009 of 5 stars
$4.06
-1.1%
$5.94
+46.6%
-24.3%$3.55B$2.83B-5.415,800Analyst Downgrade
PR
Permian Resources
4.2284 of 5 stars
$15.45
+2.0%
$19.06
+23.4%
+22.8%$12.41B$4.83B9.36220News Coverage
AR
Antero Resources
3.5197 of 5 stars
$38.24
-0.2%
$35.88
-6.2%
+84.4%$11.90B$4.08B273.14590Analyst Forecast
Short Interest ↓
News Coverage
Gap Down
OVV
Ovintiv
4.1022 of 5 stars
$45.04
+3.3%
$56.81
+26.1%
+13.4%$11.72B$10.13B5.971,740Analyst Revision
VNOM
Viper Energy
3.4092 of 5 stars
$51.19
+3.1%
$60.00
+17.2%
+66.0%$9.64B$835.80M21.97711
APA
APA
4.6057 of 5 stars
$24.50
+3.5%
$30.55
+24.7%
-19.6%$9.06B$9.19B3.462,270Analyst Forecast
Short Interest ↓
HESM
Hess Midstream
1.8711 of 5 stars
$38.75
+2.3%
$38.67
-0.2%
+24.6%$8.45B$1.45B16.42200Short Interest ↑
News Coverage
SUN
Sunoco
3.0138 of 5 stars
$52.17
+1.7%
$62.75
+20.3%
-11.9%$7.95B$23.07B11.992,389
CHRD
Chord Energy
4.539 of 5 stars
$125.71
+1.6%
$173.23
+37.8%
-17.6%$7.68B$4.76B6.47530Analyst Forecast
VIST
Vista Energy
2.9779 of 5 stars
$57.22
-1.1%
$61.40
+7.3%
+90.7%$5.45B$1.49B11.09410News Coverage
Positive News
MGY
Magnolia Oil & Gas
1.7206 of 5 stars
$25.44
+2.3%
$27.58
+8.4%
+33.7%$5.00B$1.31B12.59247

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This page (NYSE:RIG) was last updated on 1/17/2025 by MarketBeat.com Staff
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