Transocean Ltd. (RIG)

Market Cap	4.81B
Revenue (ttm)	2.83B
Net Income (ttm)	-954.00M
Shares Out	819.58M
EPS (ttm)	-1.24
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	16,258,485
Open	5.76
Previous Close	5.74
Day's Range	5.72 - 5.94
52-Week Range	4.45 - 8.88
Beta	2.81
Analysts	Buy
Price Target	8.09 (+37.82%)
Earnings Date	Apr 29, 2024

About RIG

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is base...

• Industry: Oil & Gas Drilling
• Sector: Energy
• IPO Date: May 27, 1993
• Employees: 5,800
• Stock Exchange: NYSE
• Ticker Symbol: RIG

Financial Performance

In 2023, Transocean's revenue was $2.83 billion, an increase of 9.98% compared to the previous year's $2.58 billion. Losses were -$954.00 million, 53.6% more than in 2022.

Analyst Forecast

According to 11 analysts, the average rating for RIG stock is "Buy." The 12-month stock price forecast is $8.09, which is an increase of 37.82% from the latest price.

Price Target

$8.09

(37.82% upside)

Analyst Consensus: Buy