Transocean Ltd. (RIG)
| Market Cap | 5.96B +150.9% |
| Revenue (ttm) | 4.14B +12.9% |
| Net Income | -2.77B |
| EPS | -2.72 |
| Shares Out | 1.12B |
| PE Ratio | n/a |
| Forward PE | 28.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,197,257 |
| Open | 5.32 |
| Previous Close | 5.41 |
| Day's Range | 5.30 - 5.38 |
| 52-Week Range | 2.51 - 7.66 |
| Beta | 1.27 |
| Analysts | Hold |
| Price Target | 6.30 (+17.98%) |
| Earnings Date | Aug 3, 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]
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 StatementsAnalyst Summary
According to 13 analysts, the average rating for RIG stock is "Hold." The 12-month stock price target is $6.3, which is an increase of 17.98% from the latest price.
News
Transocean Ltd. Announces Contract Awards Totaling $185 Million
STEINHAUSEN, Switzerland, June 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract awards for two of its harsh environment semisubmersibles. In aggregate, ...
Transocean Slides: Investor presentation
Transocean has posted slides in relation to its latest quarterly earnings report, which was published on June 16, 2026.
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on May 19, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on May 19, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Earnings Call Transcript: Q1 2026
Strong operational results with record daily revenue and $440M adjusted EBITDA, supported by $1.6B in new backlog and accelerated debt reduction. Deepwater utilization is forecast to approach 100% by 2027, with robust demand across global markets and continued progress on the Valaris acquisition.
Transocean Earnings release: Q1 2026
Transocean released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Transocean Quarterly report: Q1 2026
Transocean has published its Q1 2026 quarterly earnings report on May 5, 2026.
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on May 5, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Ltd. Reports First Quarter 2026 Results
STEINHAUSEN, Switzerland, May 04, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported financial results for the first quarter of 2026. The Company will host a conference call and webca...
Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, May 04, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, t...
Transocean Ltd. Announces $158 Million Award for Ultra-Deepwater Drillship
STEINHAUSEN, Switzerland, April 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that the Deepwater Asgard was awarded a five-well contract in the Eastern Medite...
Transocean Ltd. Announces $425 Million Additional Backlog for Ultra-Deepwater Drillship
STEINHAUSEN, Switzerland, April 14, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that the Deepwater Corcovado was awarded a 1,156-day contract extension with Pet...
Transocean Ltd. Announces Contract Awards Totaling $1.0 Billion and Retirement of Senior Secured Notes
STEINHAUSEN, Switzerland, April 02, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced awards of a contract for a harsh environment semisubmersible in Norway and contr...
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on March 31, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on March 31, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Proxy statement: Proxy filing
Transocean filed a proxy statement on March 20, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Earnings Call Transcript: Q4 2025
Delivered strong Q4 and full-year financial results, improved operational efficiency, and announced the acquisition of Valaris, targeting $200 million in synergies and a combined $11 billion backlog. Deepwater market outlook is robust, with utilization expected above 90% through 2027.
Transocean Annual report: Q4 2025
Transocean has published its Q4 2025 annual report on February 20, 2026.
Transocean Earnings release: Q4 2025
Transocean released its Q4 2025 earnings on February 20, 2026, summarizing the period's financial results.
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...
Transocean Proxy statement: Proxy Filing
Transocean filed a proxy statement on February 17, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Proxy statement: Proxy Filing
Transocean filed a proxy statement on February 11, 2026, providing details for shareholder voting and corporate governance matters.
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...
Transocean Proxy statement: Proxy Filing
Transocean filed a proxy statement on February 10, 2026, providing details for shareholder voting and corporate governance matters.
Transocean Transcript: M&A announcement
A transformational all-stock merger creates the largest offshore driller with a $10B+ backlog, $200M+ in annual synergies, and a diversified fleet. The deal is expected to accelerate deleveraging, enhance cash flow, and position the company for a multi-year upcycle.