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Transocean (RIG) Competitors

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$3.20 -0.05 (-1.39%)
Closing price 03/21/2025 03:59 PM Eastern
Extended Trading
$3.20 0.00 (0.00%)
As of 03/21/2025 07:55 PM Eastern
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RIG vs. PR, OVV, HESM, VNOM, SUN, APA, CHRD, VIST, MGY, and VVV

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

Transocean vs.

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

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

Transocean has a beta of 2.72, meaning that its stock price is 172% more volatile than the S&P 500. Comparatively, Permian Resources has a beta of 4.3, meaning that its stock price is 330% more volatile than the S&P 500.

Transocean presently has a consensus price target of $5.23, indicating a potential upside of 63.69%. Permian Resources has a consensus price target of $19.31, indicating a potential upside of 40.10%. 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
1 Sell rating(s)
1 Hold rating(s)
13 Buy rating(s)
1 Strong Buy rating(s)
2.88

Transocean received 853 more outperform votes than Permian Resources when rated by MarketBeat users. However, 64.49% of users gave Permian Resources an outperform vote while only 51.48% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
922
51.48%
Underperform Votes
869
48.52%
Permian ResourcesOutperform Votes
69
64.49%
Underperform Votes
38
35.51%

Transocean pays an annual dividend of $0.60 per share and has a dividend yield of 18.8%. Permian Resources pays an annual dividend of $0.60 per share and has a dividend yield of 4.4%. Transocean pays out -82.2% of its earnings in the form of a dividend. Permian Resources pays out 42.0% 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.

In the previous week, Permian Resources had 10 more articles in the media than Transocean. MarketBeat recorded 17 mentions for Permian Resources and 7 mentions for Transocean. Permian Resources' average media sentiment score of 0.80 beat Transocean's score of 0.35 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)
0 Positive mention(s)
0 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Permian Resources
10 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 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 -14.53%. Permian Resources' return on equity of 11.15% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-14.53% -0.52% -0.27%
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$3.52B0.80-$954M-$0.73-4.38
Permian Resources$5.00B2.21$476.31M$1.439.64

Summary

Permian Resources beats Transocean on 16 of the 21 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$2.81B$935.61M$7.70B$19.55B
Dividend YieldN/A4.92%10.68%3.75%
P/E Ratio-4.383.6342.2033.48
Price / Sales0.802.3130,325.7128.58
Price / Cash4.203.1235.6117.54
Price / Book0.270.533.574.56
Net Income-$954M-$314.79M$4.30B$1.02B
7 Day Performance0.95%0.68%1.30%-0.36%
1 Month Performance-4.00%-6.91%-2.46%-3.42%
1 Year Performance-46.48%-28.93%7.01%5.93%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
RIG
Transocean
4.3824 of 5 stars
$3.20
-1.4%
$5.23
+63.7%
-46.5%$2.81B$3.52B-4.385,340
PR
Permian Resources
4.6593 of 5 stars
$13.61
+0.9%
$19.35
+42.2%
-19.6%$10.92B$5.00B8.23220Analyst Revision
OVV
Ovintiv
4.4942 of 5 stars
$41.30
+1.9%
$56.61
+37.1%
-18.5%$10.75B$9.15B5.471,740Analyst Revision
Positive News
HESM
Hess Midstream
3.6134 of 5 stars
$43.30
+2.9%
$42.00
-3.0%
+19.6%$9.44B$1.49B17.39200Positive News
VNOM
Viper Energy
4.3787 of 5 stars
$43.91
+1.4%
$59.00
+34.4%
+17.7%$9.36B$859.75M18.85711
SUN
Sunoco
3.5468 of 5 stars
$59.26
+2.4%
$63.67
+7.4%
-7.8%$9.05B$22.69B8.982,389Analyst Revision
APA
APA
3.5287 of 5 stars
$20.06
+2.3%
$28.90
+44.1%
-38.4%$7.29B$9.74B2.832,270Analyst Revision
CHRD
Chord Energy
4.4763 of 5 stars
$107.83
+1.5%
$164.62
+52.7%
-35.1%$6.43B$5.25B5.55530Positive News
VIST
Vista Energy
4.3075 of 5 stars
$48.99
-0.5%
$64.73
+32.1%
+8.4%$4.66B$1.65B9.49410Positive News
MGY
Magnolia Oil & Gas
3.9225 of 5 stars
$23.74
+2.0%
$27.77
+17.0%
+1.0%$4.61B$1.32B12.29210Analyst Revision
VVV
Valvoline
4.4376 of 5 stars
$36.18
+2.1%
$44.40
+22.7%
-20.7%$4.60B$1.66B17.3111,500News Coverage
Positive News
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This page (NYSE:RIG) was last updated on 3/24/2025 by MarketBeat.com Staff
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