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Transocean Ltd. (RIG)

Stock Price: $3.28 USD -0.21 (-6.02%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
After-hours: $3.25 -0.03 (-0.92%) Jan 15, 7:59 PM
Market Cap 1.97B
Revenue (ttm) 3.25B
Net Income (ttm) -581.00M
Shares Out 616.00M
EPS (ttm) -0.95
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day January 15
Last Price $3.28
Previous Close $3.49
Change ($) -0.21
Change (%) -6.02%
Day's Open 3.41
Day's Range 3.13 - 3.41
Day's Volume 31,157,214
52-Week Range 0.67 - 5.73

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The Motley Fool - 4 days ago

Some big-name energy stocks could be in trouble this year.

Other stocks mentioned: BTU, OXY
Zacks Investment Research - 5 days ago

Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
Zacks Investment Research - 1 week ago

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

The Motley Fool - 1 week ago

The energy services provider had a good month along with oil prices. Here is what's taking shape.

Zacks Investment Research - 1 week ago

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
Zacks Investment Research - 2 weeks ago

Transocean (RIG) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Zacks Investment Research - 2 weeks ago

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.

Other stocks mentioned: DVN, FANG, HAL, SLB
Zacks Investment Research - 3 weeks ago

4 Oil & Gas Drilling Stocks to Withstand Industry Turmoil

Other stocks mentioned: HP, NBR, PTEN
Zacks Investment Research - 3 weeks ago

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
GlobeNewsWire - 4 weeks ago

STEINHAUSEN, Switzerland, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that the United States District Court for the Southern District of New York (the “Court”...

InvestorPlace - 1 month ago

Penny stocks are known for big gains, but investors would do well to discern the more credible names in the group before buying. The post 7 Sensible Penny Stocks To Buy For Value In December a...

Other stocks mentioned: ABEV, FLL, LTRPA, NOK, SAN, SNDL
The Motley Fool - 1 month ago

This offshore-drilling giant made a big comeback last month.

Zacks Investment Research - 1 month ago

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting healthier.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
InvestorPlace - 1 month ago

Investors still have a few weeks left of trading, after spectacular returns so far in the year. Here are 7 short-term ideas.

Other stocks mentioned: AZN, DBX, GOLD, HPE, SQ, ZNGA
Zacks Investment Research - 1 month ago

Transocean (RIG) reported earnings 30 days ago. What's next for the stock?

The Motley Fool - 1 month ago

The company made some complicated moves that it believes will resolve a conflict with some of its bondholders.

GlobeNewsWire - 1 month ago

STEINHAUSEN, Switzerland, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it, Transocean Inc. (together with Transocean Ltd., the “Company”) and certain of i...

The Motley Fool - 1 month ago

It's not time to panic, despite these stocks plunging today.

Other stocks mentioned: CLNE, PEIX
Zacks Investment Research - 1 month ago

Oil and gas drillers in the United States are likely to continue to add rigs in the shale plays since the pricing environment of the commodity is now gradually getting healthier.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
The Motley Fool - 1 month ago

The bankruptcy wave in this sector could wash over this industry leader.

Zacks Investment Research - 1 month ago

Transocean (RIG) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

Zacks Investment Research - 1 month ago

With the new contract extensions, Transocean's (RIG) Deepwater Corcovado and Deepwater Mykonos drillships will carry on with operations in Brazil.

Zacks Investment Research - 1 month ago

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

The Motley Fool - 1 month ago

Sure, oil prices have been edging higher, but Transocean's price move was huge. Here are some thoughts on what's going on.

Zacks Investment Research - 1 month ago

The tally for oil and gas rigs in the United States declined for the first time in 10 weeks even though oil price has improved significantly over the past few months.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
The Motley Fool - 1 month ago

Energy services names got a jolt from excited investors after a third vaccine candidate reported impressive results. Here's what you need to know.

Other stocks mentioned: CLB, HLX
GlobeNewsWire - 1 month ago

STEINHAUSEN, Switzerland, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Petrobras has exercised a 680-day preexisting, fixed price option for the Deepwater...

The Motley Fool - 1 month ago

Oil prices jumped and that gave a boost to Transocean's stock. But that's just a tap-on effect.

Zacks Investment Research - 1 month ago

After increasing for nine straight weeks, the tally of oil and gas rigs in the United States has jumped to the highest mark since May.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
Insider Monkey - 2 months ago

In this article we will present the 15 largest drilling companies in the world. Click to skip ahead and see the 5 largest drilling companies in the world . 

Other stocks mentioned: FLR, DO, NBR, NEBLQ, RDC, BKR, ESV, HAL, SDRLF, SLB, WFTLF
Zacks Investment Research - 2 months ago

Transocean's (RIG) Ultra-deepwater floaters contribute to 63.4% of its total contract drilling revenues in Q3 while Harsh Environment floaters add up the rest.

Seeking Alpha - 2 months ago

Transocean (RIG) CEO, Jeremy Thigpen on Q3 2020 Results - Earnings Call Transcript

Seeking Alpha - 2 months ago

Transocean Ltd.'s (RIG) CEO Jeremy Thigpen On Q3 2020 Results - Quick Version Earnings Call Transcript

The Motley Fool - 2 months ago

The company reported earnings and investors were obviously very pleased... at least for a little while.

Zacks Investment Research - 2 months ago

Transocean (RIG) delivered earnings and revenue surprises of 35.29% and -1.28%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 2 months ago

Shares of Transocean (NYSE:RIG) rose 2.79% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 71.05% over the past year to ($0.11), whi...

Zacks Investment Research - 2 months ago

Transocean (RIG) anticipates third-quarter adjusted contract drilling revenues of roughly $800 million, essentially unchanged from the year-ago figure.

Zacks Investment Research - 2 months ago

Partially recovered commodity prices and a modest improvement in fuel demand are likely to have mostly influenced Q3 results of Transocean (RIG), Marathon (MRO), Pioneer (PXD) and Enbridge (ENB).

Other stocks mentioned: ENB, MRO, PXD
GlobeNewsWire - 2 months ago

STEINHAUSEN, Switzerland, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today on behalf of Transocean Inc., its wholly-owned subsidiary (the “Company” and, together w...

Zacks Investment Research - 2 months ago

Transocean (RIG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 2 months ago

Per Baker Hughes' (BKR) data, the weekly count of oil drilling rigs rises the most since January, thanks to recovering crude prices.

Other stocks mentioned: BKR, DVN, HAL, PXD, SLB
GlobeNewsWire - 2 months ago

STEINHAUSEN, Switzerland, Oct. 16, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it received formal notice from the New York Stock Exchange (the “NYSE”) of non-comp...

GlobeNewsWire - 3 months ago

STEINHAUSEN, Switzerland, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter of 2020, after markets close on Monda...

GlobeNewsWire - 3 months ago

STEINHAUSEN, Switzerland, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract informati...

GlobeNewsWire - 3 months ago

STEINHAUSEN, Switzerland, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced that Transocean Inc., its wholly-owned subsidiary (the “Company” and, together with Transocean...

Zacks Investment Research - 3 months ago

As economies are reopening, most analysts opine that drillers will continue to add oil rigs.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
The Motley Fool - 3 months ago

Could the vice presidential debate have helped the oil sector today?

Other stocks mentioned: ENLC, NEX, OVV
Zacks Investment Research - 3 months ago

As economies are reopening, most analysts believe that drillers will continue to add oil rigs.

Other stocks mentioned: BKR, DVN, FANG, HAL, SLB
Zacks Investment Research - 3 months ago

Since economies are reopening, most analysts opine that the weekly rig count is likely to persistently increase.

Other stocks mentioned: BKR, CXO, HAL, PXD, SLB
Zacks Investment Research - 3 months ago

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

About RIG

Transocean, together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its drilling rigs, related equipment, and work crews to drill oil and gas wells. As of October 27, 2020, the company owned or had partial ownership interests in and operated 38 mobile offshore drilling units, including 27 ultra-deepwater floaters and 11 harsh environment floaters. It serves integrated oil companies, government-owned or government-controlled oil companies, and other independent oil companies. The... [Read more...]

Industry
Oil & Gas Drilling
IPO Date
May 27, 1993
CEO
Jeremy Thigpen
Employees
5,900
Stock Exchange
NYSE
Ticker Symbol
RIG
Full Company Profile

Financial Performance

In 2019, Transocean's revenue was $3.09 billion, an increase of 2.32% compared to the previous year's $3.02 billion. Losses were -$1.26 billion, -37.12% less than in 2018.

Financial Statements

Analyst Forecasts

According to 19 analysts, the average rating for Transocean stock is "Sell." The 12-month stock price forecast is 2.40, which is a decrease of -26.83% from the latest price.

Price Target
$2.40
(-26.83% downside)
Analyst Consensus: Sell