Transocean Ltd. (RIG)

NYSE: RIG · Real-Time Price · USD
2.280
+0.120 (5.56%)
At close: Apr 17, 2025, 4:00 PM
2.290
+0.010 (0.44%)
After-hours: Apr 17, 2025, 4:21 PM EDT
5.56%
Market Cap 2.01B
Revenue (ttm) 3.52B
Net Income (ttm) -512.00M
Shares Out 883.26M
EPS (ttm) -0.76
PE Ratio n/a
Forward PE 45.79
Dividend n/a
Ex-Dividend Date n/a
Volume 44,833,582
Open 2.180
Previous Close 2.160
Day's Range 2.165 - 2.305
52-Week Range 1.970 - 6.380
Beta 2.29
Analysts Hold
Price Target 4.56 (+100.0%)
Earnings Date Apr 28, 2025

About RIG

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy com... [Read more]

Sector Energy
IPO Date May 27, 1993
Employees 5,470
Stock Exchange NYSE
Ticker Symbol RIG
Full Company Profile

Financial Performance

In 2024, Transocean's revenue was $3.52 billion, an increase of 24.44% compared to the previous year's $2.83 billion. Losses were -$512.00 million, -46.33% less than in 2023.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for RIG stock is "Hold." The 12-month stock price forecast is $4.56, which is an increase of 100.00% from the latest price.

Price Target
$4.56
(100.00% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Transocean Ltd. Announces Time Change for First Quarter 2025 Earnings Call

STEINHAUSEN, Switzerland, April 17, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that, due to a scheduling conflict, it is changing the time of its first quarter 2025 earnings ...

1 day ago - GlobeNewsWire

Transocean Ltd. Provides Quarterly Fleet Status Report

STEINHAUSEN, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for,...

2 days ago - GlobeNewsWire

Transocean Ltd. Announces First Quarter 2025 Earnings Release Date

STEINHAUSEN, Switzerland, April 10, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter 2025 on Monday, April 28, 2025.

8 days ago - GlobeNewsWire

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...

8 days ago - Seeking Alpha

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....

16 days ago - Seeking Alpha

Transocean's Stock Is Trading Unfairly Low

Transocean's fleet status report added $175 million in new contracts, but investors were unimpressed, leading to the stock lingering near 52-week lows. Despite a net loss of $512 million in 2024, impr...

7 weeks ago - Seeking Alpha

Transocean: A Solid Backlog Bridges The Gap To 2027

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite the cyclical downturn in offshore drilling. The company's significant debt burden necessitates strict cost ...

2 months ago - Seeking Alpha

The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of February 24, 2025 in Transocean Ltd. Lawsuit - RIG

NEW YORK , Feb. 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Transocean Ltd. (NYSE: RIG).

2 months ago - PRNewsWire

Transocean Ltd. Investors: Lead Plaintiff Deadline Approaching - Contact Kehoe Law Firm, P.C.

PHILADELPHIA, PA / ACCESS Newswire / February 19, 2025 / Kehoe Law Firm, P.C. is investigating securities claims on behalf of investors of Transocean Ltd.

2 months ago - Accesswire

Transocean Ltd. (RIG) Q4 2024 Earnings Call Transcript

Transocean Ltd. (NYSE:RIG) Q4 2024 Earnings Conference Call February 18, 2025 9:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Jeremy Thigpen - Chief Executive Officer ...

2 months ago - Seeking Alpha

Transocean Ltd. Announces CEO Succession Plan

STEINHAUSEN, Switzerland, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced its plan for key leadership changes pursuant to the company's multi-year succession planning str...

2 months ago - GlobeNewsWire

Transocean Ltd. Reports Fourth Quarter and Full Year 2024 Results

Three months ended         Three months ended         December 31,    September 30,      sequential   December 31,       year-over-year   2024   2024   change   2023   change (In millions, except per ...

2 months ago - GlobeNewsWire

INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Transocean

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Transocean To Contact Him Directly To Discuss Their Options If you purchased or acqui...

2 months ago - Accesswire

Transocean Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses.

Investors can contact the law firm at no cost to learn more about recovering their losses

2 months ago - GlobeNewsWire

Calls of the Day: Charles Schwab, Vertex Pharma and Transocean

The Investment Committee debate the latest Calls of the Day.

Other symbols: VRTXSCHW
2 months ago - CNBC Television

Investors in Transocean Ltd. Should Contact The Gross Law Firm Before February 24, 2025 to Discuss Your Rights - RIG

NEW YORK , Feb. 10, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Transocean Ltd. (NYSE: RIG).

2 months ago - PRNewsWire

Final Deadline for the Transocean Ltd. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - RIG

LOS ANGELES , Feb. 4, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Transocean Ltd. ("Transocean" or "the Company") (NYSE: RIG) for violations of the feder...

2 months ago - PRNewsWire

Investors in Transocean Ltd. Should Contact The Gross Law Firm Before February 24, 2025 to Discuss Your Rights – RIG

NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Transocean Ltd. (NYSE: RIG).

2 months ago - GlobeNewsWire

DEADLINE REMINDER: Faruqi & Faruqi, LLP Investigates Claims on Behalf of Investors of Transocean

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Transocean To Contact Him Directly To Discuss Their Options

2 months ago - GlobeNewsWire

Transocean Ltd. Announces Fourth Quarter, Full Year 2024 Earnings Release Date

STEINHAUSEN, Switzerland, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the fourth quarter and full year 2024 on Monday, February 17, 2...

2 months ago - GlobeNewsWire

Transocean: Q4 2024 Earnings Preview - Profitability In Reach, But Backlog Likely To Take A Hit

Leading offshore driller Transocean will report Q4 and full-year 2024 results next month. On the conference call, management will also provide an update to its 2025 outlook. Given the lack of new cont...

3 months ago - Seeking Alpha

Transocean: Unparalleled Focus On The High-Specification Drillship Market

Transocean: Unparalleled Focus On The High-Specification Drillship Market

3 months ago - Seeking Alpha