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. [Read more]
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.
Financial StatementsAnalyst 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.
News

Transocean stock price: RIG is at risk of diving as earnings miss
Transocean (NYSE: RIG) stock price continued its bearish trend this week as energy shares retreated. The shares crashed to a low of $6.51 on Monday, the lowest level since June 30th.

Transocean Ltd. Reports Third Quarter 2023 Results
STEINHAUSEN, Switzerland, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $220 million, $0.28 per diluted share, for the...

Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, Oct. 18, 2023 (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 2023 Earnings Release Date
STEINHAUSEN, Switzerland, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter 2023 after the close of trading on the NYSE o...
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Transocean Ltd. Announces Pricing of $325 Million of Secured Notes Due 2028
STEINHAUSEN, Switzerland, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Aquila Limited (“Transocean Aquila”), a wholly owned indirect subsidiary of Tra...

Transocean to offer $300 million of five-year bonds
Offshore drilling services provider Transocean Ltd. RIG, +2.95% said Tuesday it's planning a private offering of $300 million of five-year bonds.

Transocean Ltd. Announces Proposed Private Offering of $300 Million of Secured Notes Due 2028
STEINHAUSEN, Switzerland, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Aquila Limited (“Transocean Aquila”), a wholly owned indirect subsidiary of Tra...
Oil bullishness comes from a supply and demand mismatch due to cuts: Requisite's Bryn Talkington
Bryn Talkington, managing partner at Requisite Capital Management, joins the investment committee on 'Halftime Report' to discuss a technical read of the oil market, a mismatch in oil supply and deman...

Transocean stock price: RIG technicals point to more upside
The Transocean (NYSE: RIG) stock price has been in a strong bullish trend in the past two years. The shares jumped to a year-to-date high of $8.85 in August, the highest point since April 2019.
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Transocean Ltd. Announces $486 Million Contract for Deepwater Aquila
STEINHAUSEN, Switzerland, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a three-year award for the newbuild ultra-deepwater drillship Deepwater Aquila w...
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Transocean Ltd. Announces $222 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that Oil and Natural Gas Corporation Ltd awarded the Dhirubhai Deepwater KG1 a bi...

Transocean Ltd. Reports Second Quarter 2023 Results
STEINHAUSEN, Switzerland, July 31, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $165 million, $0.22 per diluted share, for the...

Transocean wins $518 million ultra-deepwater drillship contract from independent operator
Transocean Ltd. RIG, +1.54% said Tuesday it has been awarded a $518 million ultra-deepwater drillship contract by an independent operator in the Gulf of Mexico offshore Mexico.

Transocean Ltd. Announces $518 Million Ultra-Deepwater Drillship Contract
STEINHAUSEN, Switzerland, July 18, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that an independent operator awarded a 1,080-day contract for a high-specificatio...

Transocean Ltd. Announces Second Quarter 2023 Earnings Release Date
STEINHAUSEN, Switzerland, July 17, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2023 after the close of trading on the NYSE ...
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Transocean Ltd. Announces $172 Million in Options Exercised for Harsh Environment Semisubmersible
STEINHAUSEN, Switzerland, July 05, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that six one-well options have been exercised for the Transocean Encourage in Nor...
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Transocean Ltd. Announces $184 Million Award for Harsh Environment Semisubmersible
STEINHAUSEN, Switzerland, June 28, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 16-well binding award for the Transocean Equinox in Australia for a consortium ...
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Transocean Ltd. - RIG
NEW YORK , May 10, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Transocean Ltd. ("Transocean" or the "Company") (NYSE: RIG).