Transocean Ltd. (RIG)

NYSE: RIG · Real-Time Price · USD
3.965
+0.065 (1.67%)
Nov 7, 2025, 4:00 PM EST - Market closed
1.67%
Market Cap4.37B
Revenue (ttm)3.87B
Net Income (ttm)-2.93B
Shares Out 1.10B
EPS (ttm)-3.37
PE Ration/a
Forward PE19.26
Dividendn/a
Ex-Dividend Daten/a
Volume38,731,532
Open3.890
Previous Close3.900
Day's Range3.800 - 3.980
52-Week Range1.970 - 4.680
Beta1.41
AnalystsHold
Price Target4.31 (+8.7%)
Earnings DateOct 29, 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 Summary

According to 9 analysts, the average rating for RIG stock is "Hold." The 12-month stock price target is $4.31, which is an increase of 8.70% from the latest price.

Price Target
$4.31
(8.70% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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.

8 days 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...

9 days 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 ...

23 days ago - GlobeNewsWire

Transocean Ltd. Provides Quarterly Fleet Status Report

STEINHAUSEN, Switzerland, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, ...

23 days 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...

24 days 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...

26 days 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 weeks ago - GlobeNewsWire

Transocean: Offshore Leader With Long-Term Upside

Transocean was the only major offshore driller to make it through the last downturn, keeping its premium fleet intact in a consolidated market. Even using conservative estimates, the replacement cost ...

5 weeks ago - Seeking Alpha

Transocean Ltd. Announces Pricing of Private Offering of Senior Priority Guaranteed Notes Due 2032

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean International Limited, a Bermuda exempted company limited by shares and a wholl...

5 weeks ago - GlobeNewsWire

Transocean Ltd. Announces Cash Tender Offer

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced that Transocean International Limited, a Bermuda exempted company limited by shares (the “Company”) a...

5 weeks ago - GlobeNewsWire

Transocean Ltd. Announces Proposed Private Offering of Senior Priority Guaranteed Notes Due 2032

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean International Limited, a Bermuda exempted company limited by shares and a wholl...

5 weeks ago - GlobeNewsWire

Buy The Dip In Transocean Stock?

The shares of Transocean Ltd. (NYSE: RIG), one of the largest offshore drilling contractors globally, have faced significant pressure.

5 weeks ago - Forbes

Stitch Fix Posts Q4 Results, Joins Transocean, MBX Biosciences And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Thursday.

Other symbols: MBXSFIX
6 weeks ago - Benzinga

Offshore driller Transocean plunges after offering shares at a discount

Transocean is offering a larger number of shares at a discount to Wednesday's close. It will use the proceeds from the offering to pay off debt.

6 weeks ago - CNBC

Transocean Ltd. Announces Pricing of Upsized Public Offering of Shares

STEINHAUSEN, Switzerland, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) announced today the pricing of an underwritten public offering of 125,000,000 Transocean shares,...

6 weeks ago - GlobeNewsWire

Transocean Ltd. Announces Public Offering of Shares

STEINHAUSEN, Switzerland, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) announced today that it intends to offer and sell 100,000,000 Transocean shares, par value $0.10...

6 weeks ago - GlobeNewsWire

Transocean Reports Strong Quarterly Earnings And Reduces Its Debt

Transocean Ltd. has just reported another strong quarter. The company's sales and EBITDA remain strong. But even more encouraging, in my view, is the company's improving balance sheet.

3 months ago - Seeking Alpha

Transocean Ltd. (RIG) Q2 2025 Earnings Call Transcript

Transocean Ltd. (NYSE:RIG) Q2 2025 Earnings Conference Call August 5, 2025 9:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Keelan I.

3 months ago - Seeking Alpha

Transocean Stock Inches Higher After Q2 Report

Transocean Ltd. RIG released its second-quarter results after Monday's closing bell.

3 months ago - Benzinga

Transocean Ltd. Reports Second Quarter 2025 Results

STEINHAUSEN, Switzerland, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $938 million, $1.06 per diluted share, for the...

3 months ago - GlobeNewsWire

Final Trades: Netflix, Palo Alto Networks and Transocean

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

Other symbols: NFLXPANW
3 months ago - CNBC Television

Transocean Ltd. Announces Second Quarter 2025 Earnings Release Date

STEINHAUSEN, Switzerland, July 14, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2025 on Monday, August 4, 2025. The company ...

4 months ago - GlobeNewsWire

Transocean: An Underappreciated Offshore Leader

Transocean is trading near 52-week lows, despite improving financials and a stable backlog, making it undervalued versus peers. The stock's weakness is tied to low oil prices, slow backlog growth, and...

4 months ago - Seeking Alpha

RIG Stock: Low Valuation But High Risk?

Transocean (NYSE:RIG), a company specializing in offshore drilling, has significantly lagged behind the broader S&P 500 index over the last twelve months, posting a decline of 45% compared to the S&P ...

5 months ago - Forbes

Transocean Ltd. Announces Exercise of $100 Million Option for Harsh Environment Semisubmersible

STEINHAUSEN, Switzerland, June 04, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that a two-well option was exercised for the Transocean Spitsbergen in Norway. Th...

5 months ago - GlobeNewsWire