Transocean Ltd. (RIG)

NYSE: RIG · IEX Real-Time Price · USD
5.74
-0.50 (-8.01%)
At close: Dec 6, 2023, 4:00 PM
5.84
+0.10 (1.74%)
Pre-market: Dec 7, 2023, 9:04 AM EST
-8.01%
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]

Sector Energy
IPO Date May 27, 1993
Employees 5,340
Stock Exchange NYSE
Ticker Symbol RIG
Full Company Profile

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 Statements

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
Stock Forecasts

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.

5 weeks ago - Invezz

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...

5 weeks ago - GlobeNewsWire

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, ...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

Final Trades: MCD, TLT, NKE, RIG

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: MCDNKETLT
2 months ago - CNBC Television

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Market Watch

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...

2 months ago - GlobeNewsWire

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...

Other symbols: SLBSUXLE
2 months ago - CNBC Television

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.

2 months ago - Invezz

Final Trades: Verizon, Oracle, Amazon & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: AMZNORCLVZ
2 months ago - CNBC Television

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...

3 months ago - GlobeNewsWire

Final Trades: Alphabet, Transocean & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: GOOGGOOGLELAN
3 months ago - CNBC Television

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...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

5 months ago - Market Watch

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...

5 months ago - GlobeNewsWire

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 ...

5 months ago - GlobeNewsWire

Final Trades: Live Nation, Home Depot, Diamondback Energy & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: FANGHDLYVMETA
5 months ago - CNBC Television

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...

5 months ago - GlobeNewsWire

Final Trades: Visa, Transocean & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: VIJRJ
5 months ago - CNBC Television

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 ...

5 months ago - GlobeNewsWire

Final Trades: CrowdStrike, Transocean, KLA Corp. & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: CRWDKLACBHP
6 months ago - CNBC Television

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).

7 months ago - PRNewsWire

Final Trades: Compass, Datadog, Transocean & more

The "Halftime Report" traders give their top picks to watch for the second half.

Other symbols: DDOGCODIHLN
7 months ago - CNBC Television