| Market Cap | 3.53B |
| Revenue (ttm) | 3.79B |
| Net Income (ttm) | -1.50B |
| Shares Out | 1.08B |
| EPS (ttm) | -1.92 |
| PE Ratio | n/a |
| Forward PE | 17.01 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 50,271,199 |
| Open | 3.210 |
| Previous Close | 3.230 |
| Day's Range | 3.144 - 3.260 |
| 52-Week Range | 1.970 - 4.740 |
| Beta | 2.67 |
| Analysts | Hold |
| Price Target | 4.25 (+30.37%) |
| Earnings Date | Oct 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]
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 StatementsAnalyst Summary
According to 9 analysts, the average rating for RIG stock is "Hold." The 12-month stock price target is $4.25, which is an increase of 30.37% from the latest price.
News
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 ...
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, ...
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...
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...
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...
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 ...
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...
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...
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...
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.
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.
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.
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,...
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...
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.
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.
Transocean Stock Inches Higher After Q2 Report
Transocean Ltd. RIG released its second-quarter results after Monday's closing bell.
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...
Final Trades: Netflix, Palo Alto Networks and Transocean
The Investment Committee give you their top stocks to watch for the second half.
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 ...
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...
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 ...
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...
Transocean Stock Is Dirt-Cheap Thanks To Trump's Tariffs
Transocean's stock is undervalued due to geopolitical factors and oil price corrections, despite positive financial trends and a leading industry position. Recent fleet status reports show a stable ba...
Transocean: Largest Customer Turning To Competition - Hold
Transocean reported Q1/2025 results slightly ahead of expectations and provided second quarter guidance in line with consensus estimates. While management largely reiterated full-year expectations, ye...