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NYSE:RIG

Transocean (RIG) Stock Price, News & Analysis

Transocean logo
$2.28 +0.12 (+5.32%)
Closing price 04/17/2025 03:59 PM Eastern
Extended Trading
$2.28 +0.00 (+0.22%)
As of 04/17/2025 06:07 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Transocean Stock (NYSE:RIG)

Key Stats

Today's Range
$2.16
$2.31
50-Day Range
$2.15
$3.73
52-Week Range
$1.97
$6.38
Volume
44.83 million shs
Average Volume
24.14 million shs
Market Capitalization
$2.01 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.59
Consensus Rating
Hold

Company Overview

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Transocean Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
85th Percentile Overall Score

RIG MarketRank™: 

Transocean scored higher than 85% of companies evaluated by MarketBeat, and ranked 68th out of 271 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Transocean has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 3 buy ratings, 6 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Transocean has only been the subject of 4 research reports in the past 90 days.

  • Read more about Transocean's stock forecast and price target.
  • Earnings Growth

    Earnings for Transocean are expected to grow by 100.00% in the coming year, from $0.14 to $0.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Transocean is -3.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Transocean is -3.12, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Growth Ratio

    Transocean has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Transocean has a P/B Ratio of 0.19. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Transocean's valuation and earnings.
  • Percentage of Shares Shorted

    18.25% of the float of Transocean has been sold short.
  • Short Interest Ratio / Days to Cover

    Transocean has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Transocean has recently increased by 0.21%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Transocean does not currently pay a dividend.

  • Dividend Growth

    Transocean does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, Transocean will have a dividend payout ratio of 214.29% in the coming year. This indicates that Transocean may not be able to sustain their current dividend.

  • Read more about Transocean's dividend.
  • Percentage of Shares Shorted

    18.25% of the float of Transocean has been sold short.
  • Short Interest Ratio / Days to Cover

    Transocean has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Transocean has recently increased by 0.21%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Transocean has a news sentiment score of 0.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 24 news articles for Transocean this week, compared to 12 articles on an average week.
  • Search Interest

    Only 36 people have searched for RIG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    27 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 29% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Transocean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $133,760.00 in company stock.

  • Percentage Held by Insiders

    13.16% of the stock of Transocean is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Transocean's insider trading history.
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RIG Stock News Headlines

Photo of oil rigs at sunset on top of a declining stock market chart.
Oil Prices Are Tanking—These 3 Plays Could Fuel Your Gains (RIG)
Oil prices have fallen sharply, but long-term fundamentals remain solid. Discover why Exxon Mobil and Transocean could be smart buys during the dip.
Hands with scissors cutting dollar - stock image
Powell Warns of More Inflation—Here’s Where Smart Money Is Moving (RIG)
There's a rotation happening right now in these three ETFs, caused by the latest commentary from the FOMC meeting suggesting more inflation ahead.
Trump’s Top Secret $9 Trillion AI Superweapon
Jeff Brown spotted Nvidia at $1. Now he’s revealing a new AI superweapon — and the Musk-connected stocks that could benefit.
10 Firms End Stronger, Buck Muted Broader Market Trading
See More Headlines

RIG Stock Analysis - Frequently Asked Questions

Transocean's stock was trading at $3.75 at the beginning of 2025. Since then, RIG stock has decreased by 39.3% and is now trading at $2.2750.
View the best growth stocks for 2025 here
.

Transocean Ltd. (NYSE:RIG) announced its quarterly earnings data on Monday, February, 17th. The offshore drilling services provider reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.11. The offshore drilling services provider earned $952 million during the quarter, compared to the consensus estimate of $962.28 million. Transocean had a negative net margin of 14.53% and a negative trailing twelve-month return on equity of 0.52%.
Read the conference call transcript
.

The following companies are subsidiaries of Transocean: Ocean Rig, Songa Offshore SE, 15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, Angola Deepwater Drilling Company (Offshore Services) Ltd, AngoSantaFe - Prestacao de Servicos Petroliferos Limitada, and more.

Top institutional investors of Transocean include Rhumbline Advisers (0.12%), SG Americas Securities LLC (0.11%), IMC Chicago LLC and Exchange Traded Concepts LLC (0.03%). Insiders that own company stock include Perestroika, (Cyprus) Ltd Perestroika, Frederik Wilhelm Mohn, Mark-Anthony Lovell Mey, David A Tonnel, Roderick James Mackenzie, Keelan Adamson, Chad C Deaton and Vanessa C L Chang.
View institutional ownership trends
.

Shares of RIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Transocean investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology (MU).

Company Calendar

Last Earnings
2/17/2025
Today
4/20/2025
Next Earnings (Estimated)
4/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Sector
Energy
Industry
Drilling oil & gas wells
Sub-Industry
Petroleum And Natural Gas
Current Symbol
NYSE:RIG
Employees
5,340
Year Founded
1953

Price Target and Rating

Average Stock Price Target
$4.59
High Stock Price Target
$8.00
Low Stock Price Target
$2.80
Potential Upside/Downside
+101.7%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Trailing P/E Ratio
N/A
Forward P/E Ratio
16.25
P/E Growth
0.86
Net Income
$-954,000,000.00
Pretax Margin
-14.84%

Debt

Sales & Book Value

Annual Sales
$3.52 billion
Cash Flow
$0.54 per share
Price / Cash Flow
4.20
Book Value
$11.70 per share
Price / Book
0.19

Miscellaneous

Free Float
763,225,000
Market Cap
$2.01 billion
Optionable
Optionable
Beta
2.29

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This page (NYSE:RIG) was last updated on 4/20/2025 by MarketBeat.com Staff
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