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Transocean (RIG) Competitors

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$3.56 +0.13 (+3.63%)
Closing price 02/20/2025 03:59 PM Eastern
Extended Trading
$3.59 +0.02 (+0.59%)
As of 02/20/2025 07:59 PM Eastern
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RIG vs. OVV, PR, VNOM, SUN, HESM, APA, CHRD, VVV, VIST, and CIVI

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

Transocean vs.

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

Ovintiv has a net margin of 20.15% compared to Transocean's net margin of -14.53%. Ovintiv's return on equity of 17.87% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Ovintiv20.15% 17.87% 9.35%
Transocean -14.53%-0.51%-0.27%

Ovintiv has a beta of 2.6, indicating that its stock price is 160% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.7, indicating that its stock price is 170% more volatile than the S&P 500.

Ovintiv currently has a consensus target price of $56.88, suggesting a potential upside of 24.90%. Transocean has a consensus target price of $5.94, suggesting a potential upside of 66.74%. Given Transocean's higher possible upside, analysts clearly believe Transocean is more favorable than Ovintiv.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ovintiv
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.83
Transocean
1 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.20

Transocean received 754 more outperform votes than Ovintiv when rated by MarketBeat users. However, 52.85% of users gave Ovintiv an outperform vote while only 51.51% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
OvintivOutperform Votes
167
52.85%
Underperform Votes
149
47.15%
TransoceanOutperform Votes
921
51.51%
Underperform Votes
867
48.49%

83.8% of Ovintiv shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 1.7% of Ovintiv 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, endowments and large money managers believe a stock will outperform the market over the long term.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ovintiv$10.13B1.17$2.09B$7.546.04
Transocean$3.52B0.89-$954M-$0.73-4.88

In the previous week, Transocean had 53 more articles in the media than Ovintiv. MarketBeat recorded 58 mentions for Transocean and 5 mentions for Ovintiv. Ovintiv's average media sentiment score of 1.50 beat Transocean's score of 0.09 indicating that Ovintiv is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ovintiv
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Transocean
13 Very Positive mention(s)
1 Positive mention(s)
30 Neutral mention(s)
4 Negative mention(s)
3 Very Negative mention(s)
Neutral

Summary

Ovintiv beats Transocean on 14 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$3.12B$933.52M$9.34B$20.29B
Dividend YieldN/A4.31%11.68%3.66%
P/E Ratio-4.883.2813.2849.33
Price / Sales0.892.84315.1416.06
Price / Cash26.596.2012.1220.99
Price / Book0.280.633.915.22
Net Income-$954M-$314.79M$810.19M$1.02B
7 Day Performance-1.93%-1.49%0.31%0.90%
1 Month Performance-12.08%-8.50%-3.12%1.69%
1 Year Performance-23.58%-14.88%9.39%16.24%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
4.6051 of 5 stars
$3.57
+3.6%
$5.81
+63.0%
-23.6%$3.02B$3.52B0.005,800Earnings Report
OVV
Ovintiv
4.1805 of 5 stars
$44.15
+2.0%
$56.88
+28.8%
+2.7%$11.49B$10.88B5.861,743Positive News
PR
Permian Resources
4.5505 of 5 stars
$14.17
-0.3%
$19.13
+35.0%
+1.3%$11.38B$4.83B8.59220Upcoming Earnings
Positive News
VNOM
Viper Energy
3.4479 of 5 stars
$49.41
-1.2%
$59.55
+20.5%
+42.6%$10.53B$827.70M21.21711Dividend Increase
Positive News
SUN
Sunoco
3.281 of 5 stars
$57.15
-0.3%
$63.43
+11.0%
-8.2%$8.71B$23.07B13.142,389
HESM
Hess Midstream
2.4722 of 5 stars
$39.83
+0.6%
$41.50
+4.2%
+22.7%$8.68B$1.50B16.00200Analyst Forecast
APA
APA
4.3368 of 5 stars
$23.14
+2.9%
$30.65
+32.5%
-23.8%$8.56B$8.19B3.272,271
CHRD
Chord Energy
4.8734 of 5 stars
$110.93
+0.7%
$173.08
+56.0%
-29.4%$6.78B$3.90B5.71530Positive News
VVV
Valvoline
4.5121 of 5 stars
$39.69
-1.0%
$44.40
+11.9%
-6.9%$5.09B$1.62B18.9911,500News Coverage
VIST
Vista Energy
4.0535 of 5 stars
$51.45
-0.5%
$64.60
+25.5%
+58.6%$4.90B$1.17B9.97410Positive News
CIVI
Civitas Resources
4.2801 of 5 stars
$50.24
+2.5%
$75.50
+50.3%
-17.5%$4.85B$3.48B4.97350Upcoming Earnings

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This page (NYSE:RIG) was last updated on 2/21/2025 by MarketBeat.com Staff
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