Transocean Ltd. (RIG)

NYSE: RIG · Real-Time Price · USD
6.38
-0.03 (-0.47%)
At close: Feb 26, 2026, 4:00 PM EST
6.39
+0.01 (0.15%)
After-hours: Feb 26, 2026, 7:56 PM EST
Market Cap7.04B +114.8%
Revenue (ttm)3.97B +12.5%
Net Income-2.92B
EPS-3.04
Shares Out 1.10B
PE Ration/a
Forward PE34.28
Dividendn/a
Ex-Dividend Daten/a
Volume32,148,601
Open6.29
Previous Close6.41
Day's Range6.16 - 6.45
52-Week Range1.97 - 6.96
Beta1.46
AnalystsBuy
Price Target6.08 (-4.7%)
Earnings DateFeb 19, 2026

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 semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent en... [Read more]

Sector Energy
IPO Date May 27, 1993
Employees 5,220
Stock Exchange NYSE
Ticker Symbol RIG
Full Company Profile

Financial Performance

In 2025, Transocean's revenue was $3.97 billion, an increase of 12.51% compared to the previous year's $3.52 billion. Losses were -$2.92 billion, 469.3% more than in 2024.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for RIG stock is "Buy." The 12-month stock price target is $6.08, which is a decrease of -4.70% from the latest price.

Price Target
$6.08
(-4.70% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Transocean (RIG) Edges Higher As Investors Weigh Mixed Quarter

Offshore driller Transocean Ltd's (NYSE: RIG) stock closed higher Friday after the company posted mixed fourth-quarter results and highlighted progress on its pending merger with its rival, Valaris Lt...

6 days ago - Benzinga

Transocean Ltd. (RIG) Q4 2025 Earnings Call Transcript

Transocean Ltd. (RIG) Q4 2025 Earnings Call Transcript

6 days ago - Seeking Alpha

Transocean Ltd. Reports Fourth Quarter and Full Year 2025 Results

STEINHAUSEN, Switzerland, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported financial results for the fourth quarter and full year of 2025. The Company will hold a conferenc...

7 days ago - GlobeNewsWire

Transocean Ltd. Provides Quarterly Fleet Status Report

STEINHAUSEN, Switzerland, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, ...

7 days ago - GlobeNewsWire

Transocean Shares Pull Back From Highs: What's Driving The Action?

Transocean Ltd (NYSE: RIG) shares are sliding Tuesday, as investors appear to lock in gains following the offshore driller's move to a fresh 52-week high late last week.

9 days ago - Benzinga

Transocean Stock Hits 52-Week High: What's Driving The Action?

Transocean secured contract fixtures for two of its harsh environment semisubmersibles in Norway, which are expected to significantly enhance its backlog.

13 days ago - Benzinga

Transocean Ltd. (RIG) M&A Call Transcript

Transocean Ltd. (RIG) M&A Call Transcript

15 days ago - Seeking Alpha

Transocean Ltd. Announces Contract Award and Extension Totaling $184 Million

STEINHAUSEN, Switzerland, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its harsh environment semisubmersibles in Norway. In...

15 days ago - GlobeNewsWire

Transocean to Acquire Valaris in $5.8 Billion Deal

Transocean agreed to acquire fellow offshore drilling services company Valaris in an all-stock deal worth $5.8 billion.

Other symbols: VAL
17 days ago - WSJ

Transocean to Acquire Valaris

Creates the world's highest-quality, highest-specification offshore drilling fleet Companies to host conference call today at 8 a.m. CT / 9 a.m.

Other symbols: VAL
17 days ago - GlobeNewsWire

Final Trades: Capital One, Medtronic, Transocean and Caterpillar

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CATCOFMDT
4 weeks ago - CNBC Television

Transocean Ltd. Announces Fourth Quarter 2025 Earnings Release Date

STEINHAUSEN, Switzerland, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the fourth quarter 2025 and issue a fleet status report on Thur...

4 weeks ago - GlobeNewsWire

Final Trade: DAL, NFLX, INTC, RIG

The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.

Other symbols: INTCNFLXDAL
5 weeks ago - CNBC Television

Final Trade: EL, RIG, XOM, C

The final trades of the day with CNBC's Melissa Lee and the 'Fast Money' traders.

Other symbols: XOMCEL
6 weeks ago - CNBC Television

'Fast Money' traders react to market reaction to Venezuela's Maduro being captured

The 'Fast Money' traders react to market reaction to Maduro's capture.

Other symbols: BKRCVXHALOIHPSXVLOXLE
7 weeks ago - CNBC Television

Transocean Ltd. Announces Contract Award and Extension Totaling $168 Million

STEINHAUSEN, Switzerland, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a contract award and an extension, respectively, for two of its drilling rigs.

7 weeks ago - GlobeNewsWire

Transocean Ltd. Announces $130 Million Award for Ultra-Deepwater Drillship

STEINHAUSEN, Switzerland, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced the execution of a six-well contract in Australia with an undisclosed operator fo...

2 months ago - GlobeNewsWire

Top 2 Energy Stocks That May Fall Off A Cliff This month

As of Nov. 28, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.

Other symbols: NGL
3 months ago - Benzinga

Transocean Ltd. Announces Exercised Options Totaling $89 Million

STEINHAUSEN, Switzerland, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today announced contract fixtures for one ultra-deepwater drillship and two harsh environment semisubmersibles. ...

3 months ago - GlobeNewsWire

Transocean Ltd. (RIG) Q3 2025 Earnings Call Transcript

Transocean Ltd. ( RIG) Q3 2025 Earnings Call October 30, 2025 9:00 AM EDT Company Participants Alison Johnson - Director of Investor Relations Keelan Adamson - President, CEO & Director R.

4 months ago - Seeking Alpha

Transocean Ltd. Reports Third Quarter 2025 Results

STEINHAUSEN, Switzerland, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $1.92 billion, $2.00 per diluted share, for th...

4 months ago - GlobeNewsWire

Transocean Ltd. Announces Early Tender Results and Upsizing of Cash Tender Offer

STEINHAUSEN, Switzerland, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG), a Swiss corporation (“Transocean”), announced the early results, as of 5:00 p.m. New York City time on October ...

4 months ago - GlobeNewsWire

Transocean Ltd. Announces Third Quarter 2025 Earnings Release Date

STEINHAUSEN, Switzerland, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter 2025 on Wednesday, October 29, 2025, after th...

4 months ago - GlobeNewsWire

Transocean: Deep Value Hidden In Murky Waters

The market isn't pricing in the structural scarcity of premium offshore assets. The company boasts a $7.2B backlog, with increasing bidder interest, supporting long-term revenue visibility. While bear...

4 months ago - Seeking Alpha

Transocean Ltd. Announces $243 Million in Exercised Options for Ultra-Deepwater Drillships

STEINHAUSEN, Switzerland, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fi...

5 months ago - GlobeNewsWire