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Transocean (RIG) Competitors

Transocean logo
$4.22 -0.24 (-5.38%)
(As of 11/15/2024 ET)

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

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), Chord Energy (CHRD), Sunoco (SUN), Hess Midstream (HESM), Valvoline (VVV), Magnolia Oil & Gas (MGY), and Vista Energy (VIST). These companies are all part of the "petroleum and natural gas" industry.

Transocean vs.

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

91.8% of Permian Resources shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 12.8% of Permian Resources shares are held by company insiders. Comparatively, 13.2% of Transocean shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Permian Resources has a beta of 4.34, suggesting that its stock price is 334% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.78, suggesting that its stock price is 178% more volatile than the S&P 500.

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
Permian Resources21.20% 11.15% 6.93%
Transocean -18.81%-1.48%-0.77%

Transocean received 860 more outperform votes than Permian Resources when rated by MarketBeat users. However, 62.50% of users gave Permian Resources an outperform vote while only 51.60% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
Permian ResourcesOutperform Votes
60
62.50%
Underperform Votes
36
37.50%
TransoceanOutperform Votes
920
51.60%
Underperform Votes
863
48.40%

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
Permian Resources$4.83B2.46$476.31M$1.658.97
Transocean$3.31B1.12-$954M-$0.75-5.63

Permian Resources currently has a consensus price target of $18.87, suggesting a potential upside of 27.48%. Transocean has a consensus price target of $6.63, suggesting a potential upside of 56.99%. Given Transocean's higher probable upside, analysts clearly believe Transocean is more favorable than Permian Resources.

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

In the previous week, Permian Resources had 6 more articles in the media than Transocean. MarketBeat recorded 10 mentions for Permian Resources and 4 mentions for Transocean. Permian Resources' average media sentiment score of 1.24 beat Transocean's score of 0.92 indicating that Permian Resources is being referred to more favorably in the media.

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

Permian Resources pays an annual dividend of $0.60 per share and has a dividend yield of 4.1%. Transocean pays an annual dividend of $0.60 per share and has a dividend yield of 14.2%. Permian Resources pays out 36.4% of its earnings in the form of a dividend. Transocean pays out -80.0% 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.

Summary

Permian Resources beats Transocean on 16 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$3.70B$1.05B$8.84B$19.82B
Dividend YieldN/A4.18%11.67%3.50%
P/E Ratio-5.632.9212.1942.31
Price / Sales1.122.5177.2920.82
Price / Cash31.767.0510.0521.65
Price / Book0.360.663.354.66
Net Income-$954M-$220.57M$957.26M$983.45M
7 Day Performance-5.59%-1.19%4.67%-2.12%
1 Month Performance-0.94%-4.81%0.75%-0.39%
1 Year Performance-35.03%-9.40%424.48%23.34%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
4.3531 of 5 stars
$4.22
-5.4%
$6.63
+57.0%
-32.3%$3.70B$2.83B-5.635,800Analyst Upgrade
PR
Permian Resources
4.9666 of 5 stars
$15.18
+1.3%
N/A+14.7%$12.18B$3.12B9.20461News Coverage
Positive News
OVV
Ovintiv
4.8057 of 5 stars
$44.72
+5.9%
N/A-0.2%$11.64B$10.13B5.931,743Analyst Forecast
News Coverage
AR
Antero Resources
3.3333 of 5 stars
$30.41
-2.5%
N/A+19.6%$9.46B$4.68B217.21590Gap Up
VNOM
Viper Energy
3.0838 of 5 stars
$51.36
-1.0%
N/A+73.9%$9.08B$827.70M22.04711Dividend Announcement
Positive News
CHRD
Chord Energy
4.8459 of 5 stars
$130.89
+1.4%
N/A-19.3%$8.00B$3.90B6.74530Dividend Announcement
Analyst Revision
News Coverage
Positive News
SUN
Sunoco
2.1207 of 5 stars
$51.57
+0.2%
N/A-3.0%$7.86B$23.07B11.862,389Short Interest ↑
HESM
Hess Midstream
1.6028 of 5 stars
$35.18
+2.9%
N/A+15.9%$7.77B$1.45B14.91200Insider Selling
Short Interest ↑
VVV
Valvoline
3.3567 of 5 stars
$42.86
+0.6%
N/A+21.1%$5.52B$1.57B34.8510,900Upcoming Earnings
News Coverage
Positive News
MGY
Magnolia Oil & Gas
2.2509 of 5 stars
$27.24
+0.6%
N/A+28.0%$5.35B$1.31B13.48247Analyst Revision
VIST
Vista Energy
4.1985 of 5 stars
$49.19
+2.9%
N/A+85.6%$4.68B$1.17B9.53410

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This page (NYSE:RIG) was last updated on 11/17/2024 by MarketBeat.com Staff
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