Transocean Ltd. (RIG)

Market Cap	4.64B
Revenue (ttm)	2.70B
Net Income (ttm)	-1.20B
Shares Out	809.03M
EPS (ttm)	-1.64
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	27,309,036
Open	6.17
Previous Close	6.24
Day's Range	5.72 - 6.21
52-Week Range	3.65 - 8.88
Beta	2.84
Analysts	Buy
Price Target	8.94 (+55.75%)
Earnings Date	Oct 30, 2023

About RIG

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Steinhausen, Switzerland.

• Industry: Oil & Gas Drilling
• Sector: Energy
• IPO Date: May 27, 1993
• Employees: 5,340
• Stock Exchange: NYSE
• Ticker Symbol: RIG

Financial Performance

In 2022, Transocean's revenue was $2.58 billion, an increase of 0.74% compared to the previous year's $2.56 billion. Losses were -$621.00 million, 4.90% more than in 2021.

Analyst Forecast

According to 9 analysts, the average rating for RIG stock is "Buy." The 12-month stock price forecast is $8.94, which is an increase of 55.75% from the latest price.

Price Target

$8.94

(55.75% upside)

Analyst Consensus: Buy