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Transocean Ltd. (RIG)

NYSE: RIG · IEX Real-Time Price · USD
3.91 -0.19 (-4.63%)
Oct 21, 2021 2:50 PM EDT - Market open
Market Cap2.59B
Revenue (ttm)2.77B
Net Income (ttm)120.00M
Shares Out651.14M
EPS (ttm)0.19
PE Ratio20.15
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume15,966,881
Open4.07
Previous Close4.10
Day's Range3.87 - 4.12
52-Week Range0.65 - 5.13
Beta3.53
AnalystsSell
Price Target2.56 (-34.5%)
Est. Earnings DateNov 1, 2021

About RIG

Transocean Ltd., 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 February 22, 2021, the company owned or had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deepwater and 10 harsh environment floaters. It serves integrated oil companies, government-owned or government-controlled oil companies, and other independent oil compan...

IndustryEnergy Equipment & Services
IPO DateMay 27, 1993
CEOJeremy Thigpen
Employees4,820
Stock ExchangeNYSE
Ticker SymbolRIG
Full Company Profile

Financial Performance

In 2020, Transocean's revenue was $3.15 billion, an increase of 2.07% compared to the previous year's $3.09 billion. Losses were -$567.00 million, -54.82% less than in 2019.

Financial Statements

Analyst Forecast

According to 17 analysts, the average rating for Transocean stock is "Sell." The 12-month stock price forecast is 2.56, which is a decrease of -34.53% from the latest price.

Price Target
$2.56
(-34.53% downside)
Analyst Consensus: Sell

News

A Closer Look at Transocean as a Value Play

I have been looking for bargains in the oil and gas industry recently. One sector of the industry which appears to offer some significantly undervalued equities (compared to the value of their assets) i...

2 days ago - GuruFocus

Best Penny Stocks to Buy Now? Check These 3 Out in October

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2 days ago - PennyStocks

Transocean (RIG) Aims to Cut GHG Emissions by 40% Through 2030

Transocean (RIG) is dedicated to using its resources and skills in favor of its clients' lower-carbon energy initiatives, which may include carbon capture and sequestration.

2 days ago - Zacks Investment Research

Transocean Ltd. Announces Third Quarter 2021 Earnings Release Date

STEINHAUSEN, Switzerland, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter of 2021 on Monday, November 1, 2021 after the m...

2 days ago - GlobeNewsWire

Best Penny Stocks To Buy Now? 3 To Watch in the 2nd Half of October

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Other symbols:CEIGOTU
4 days ago - PennyStocks

Transocean Ltd. Sets 40% Reduction Target for Greenhouse Gas Emissions Intensity by 2030

STEINHAUSEN, Switzerland, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity...

1 week ago - GlobeNewsWire

3 Energy Penny Stocks to Watch as Brent Crude Tops $84 Per Barrel

Energy penny stocks are heating up right now, check these three out The post 3 Energy Penny Stocks to Watch as Brent Crude Tops $84 Per Barrel appeared first on Penny Stocks to Buy, Picks, News and Info...

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1 week ago - PennyStocks

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3 weeks ago - PennyStocks

3 Penny Stocks That You Need to Know About Right Now

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Do These Penny Stocks Present a Buying Opportunity At Current Prices?

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1 month ago - PennyStocks

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1 month ago - PennyStocks

Why Investors Should Focus on These 4 Oil & Gas Drilling Stocks

Sound cost control and stronger operating efficiencies should enable the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Na...

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1 month ago - Zacks Investment Research

Final Trades: Transocean, SoFi, Farfetch & more

The "Halftime Report" traders give their top picks to watch for the second half. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: ht...

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1 month ago - CNBC Television

7 Cheap Stocks to Buy Under $10 Right Now

These cheap stocks are trading for less than $10 and have the potential to provide multi-fold returns in the medium- to long-term. The post 7 Cheap Stocks to Buy Under $10 Right Now appeared first on In...

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1 month ago - InvestorPlace

Transocean (RIG) Up 1.7% Since Last Earnings Report: Can It Continue?

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

1 month ago - Zacks Investment Research

Best Penny Stocks to Buy in September 2021? 3 to Watch Right Now

Which penny stocks are on your watchlist this month? The post Best Penny Stocks to Buy in September 2021?

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1 month ago - PennyStocks

Transocean (RIG) Wins $252M Deal for Deepwater Atlas Drillship

Transocean's (RIG) Deepwater Atlas is slated to come online in the third quarter of 2022 after its delivery from the shipyard, initially with dual blowout preventers (BOP) rated to 15,000 psi.

1 month ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 4 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for three straight weeks.

Other symbols:BKRESTEHALSLBWLL
1 month ago - Zacks Investment Research

Best Penny Stocks to Buy Next Month? 3 For Your Watchlist

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Why Natural Gas Stocks Were on Fire Today

Natural gas prices are hitting multiyear highs, and the momentum might not end anytime soon.

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1 month ago - The Motley Fool

Transocean Ltd. Secures $252 Million Contract for Newbuild, Ultra-Deepwater Drillship

STEINHAUSEN, Switzerland, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that BOE Exploration & Production LLC (“BOE”) awarded Transocean a $252 million firm contract for ...

1 month ago - GlobeNewsWire

Trending Reddit Penny Stocks You Need to Know About Now

Reddit penny stocks are in focus following the meme stock rally; here's 3 to watch The post Trending Reddit Penny Stocks You Need to Know About Now appeared first on Penny Stocks to Buy, Picks, News and...

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1 month ago - PennyStocks

Transocean (RIG) Down 18% Since Wider-Than-Expected Q2 Loss

Transocean's (RIG) operating and maintenance costs in Q2 decrease to $434 million from $525 million a year ago.

1 month ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 3 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased for two straight weeks.

Other symbols:HALSLB
1 month ago - Zacks Investment Research

US Oil & Gas Rig Tally Rises for 2 Straight Weeks: Here's Why

Baker Hughes' (BKR) data shows that the tally for oil drilling rigs in the Permian basin has increased in three of the last four weeks.

Other symbols:BKRESTEHALSLBWLL
2 months ago - Zacks Investment Research