Transocean Ltd. (RIG)

NYSE: RIG · Real-Time Price · USD

2.33

0.20 (9.39%)

At close: May 01, 2025, 3:59 PM

2.34

0.20%

After-hours: May 01, 2025, 04:11 PM EDT

9.39% (1D)

Bid	2.33
Market Cap	2.06B
Revenue (ttm)	2.76B
Net Income (ttm)	-689M
EPS (ttm)	-0.98
PE Ratio (ttm)	-2.38
Forward PE	12.53
Analyst	Hold

Ask	2.34
Volume	48,083,044
Avg. Volume (20D)	39,705,381
Open	2.16
Previous Close	2.13
Day's Range	2.15 - 2.35
52-Week Range	1.97 - 6.38
Beta	2.29

About RIG

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integra...

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Industry Oil & Gas Drilling

Sector Energy

IPO Date May 28, 1993

Employees 5,470

Stock Exchange NYSE

Ticker Symbol RIG

Website https://www.deepwater.com

Full Company Profile

Analyst Forecast

According to 8 analyst ratings, the average rating for RIG stock is "Hold." The 12-month stock price forecast is $4, which is an increase of 71.31% from the latest price.

Stock Forecasts

Earnings Surprise

Transocean has released their quartely earnings on Apr 28, 2025:

Revenue of $906M exceeds estimates by $20.58M, with 18.74% YoY growth.

EPS of -0.1 misses estimates by -0.01, with -233.33% YoY decline.

Why Price Moved

3 weeks ago

-9.96%

Shares of energy companies are trading lower as st... Unlock content with Pro Subscription

3 weeks ago

+10.05%

Shares of energy stocks are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

News

22 hours ago · zacks.com

Transocean Loss Narrower Than Estimates in Q1, Revenues Beat

RIG reports a loss in the first quarter due to higher costs and expenses.

2 days ago · fool.com

Why Transocean Stock Lost Over 3% of its Value Today

The stock of offshore oil drilling specialist Transocean (RIG -4.98%) wasn't exactly a hot item on the market Tuesday. The company's latest quarterly earnings report was published after market close t...

2 days ago · seekingalpha.com

Transocean Ltd. (RIG) Q1 2025 Earnings Call Transcript

Transocean Ltd. (NYSE:RIG ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Jeremy Thigpen - Chief Executive Officer Ke...

3 days ago · zacks.com

Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates

Transocean (RIG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.03 per share a year ago.

6 days ago · zacks.com

Transocean to Report Q1 Earnings: What's in the Offing for the Stock?

RIG is expected to have earned higher revenues than the year-ago level. Despite this revenue growth, it is likely to have faced increased costs and expenses during the first quarter.

1 week ago · zacks.com

Analysts Estimate Transocean (RIG) to Report a Decline in Earnings: What to Look Out for

Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago · zacks.com

Equinor to Advance Alve Drilling Plans With Transocean Encourage Rig

EQNR states that it has received the green light to drill a production well at the Alve field off the coast of Norway. The site's water depth is 370 meters.

3 weeks ago · seekingalpha.com

Transocean: Deeply Undervalued

I believe Transocean stock is deeply undervalued, trading at 1/5th of book value and well below its historical P/CF median, despite nearing full fleet utilization through 2026. I'm projecting continue...

3 weeks ago · marketbeat.com

Oil Prices Are Tanking—These 3 Plays Could Fuel Your Gains

On Monday, oil prices fell sharply once again, with Brent crude dropping as low as $62.51 per barrel and West Texas Intermediate (WTI) falling to $58.95 before settling slightly higher by the end of t...

4 weeks ago · seekingalpha.com

Transocean: Strong Near-Term Contract Coverage Reflected In Premium Valuation - Hold

Transocean reported fourth quarter and full-year 2024 results largely in line with expectations. Disappointingly, the previously disclosed $342 million sale of two lower-specification floaters failed....

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