Transocean Ltd. (RIG)

Market Cap	2.95B
Revenue (ttm)	3.52B
Net Income (ttm)	-512.00M
Shares Out	878.89M
EPS (ttm)	-0.76
PE Ratio	n/a
Forward PE	61.31
Dividend	n/a
Ex-Dividend Date	n/a

Volume	37,288,701
Open	3.600
Previous Close	3.560
Day's Range	3.350 - 3.640
52-Week Range	3.350 - 6.880
Beta	2.71
Analysts	Hold
Price Target	5.56 (+65.48%)
Earnings Date	Feb 17, 2025

About RIG

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 base...

• Industry: Oil & Gas Drilling
• Sector: Energy
• IPO Date: May 27, 1993
• Employees: 5,430
• Stock Exchange: NYSE
• Ticker Symbol: RIG
• Website: https://www.deepwater.com

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.

Analyst Forecast

According to 10 analysts, the average rating for RIG stock is "Hold." The 12-month stock price forecast is $5.56, which is an increase of 65.48% from the latest price.

Price Target

$5.56

(65.48% upside)

Analyst Consensus: Hold