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RIG Overview

-
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
OverviewStock Price PredictionTechnicalValuationFinancialsEarningsShould I BuyNews & Events
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Intellectia

Loading chart...

High
7.140
Open
7.070
VWAP
6.91
Vol
12.41M
Mkt Cap
7.64B
Low
6.740
Amount
85.77M
EV/EBITDA(TTM)
9.30
Total Shares
1.10B
EV
12.68B
EV/OCF(TTM)
16.93
P/S(TTM)
1.68
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The Company's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.
Show More

Events Timeline

(ET)
2026-03-13
16:00:00
Transocean Shares Rise 1.35% to $6.37
select
2026-03-11 (ET)
2026-03-11
11:20:00
Transocean Shares Rise 1.54% to $6.25
select
2026-02-24 (ET)
2026-02-24
11:10:00
Transocean Shares Rise 2.9% to $6.58
select

News

Fool
2.0
02:06 AMFool
Oil and Gas Stocks Surge Amid Rising Energy Prices
  • Positive Market Reaction: Many oil and gas-related stocks surged last week as traders rotated into companies poised to benefit from rising energy prices, with ExxonMobil (XOM) up 7%, reflecting strong market confidence in the energy sector.
  • Escalating Middle East Tensions: Following strikes by U.S. and Israeli forces, Iran's closure of the Strait of Hormuz has impacted approximately 20% of global oil and LNG shipments, heightening fears of supply shortages and further driving up energy prices.
  • Price Surge Trend: Oil and gas prices have sharply increased since the conflict began in late February, and if tensions escalate, prices are expected to continue rising, directly benefiting the profitability of related companies.
  • Significant Corporate Strength: ExxonMobil, as one of the largest energy companies globally, spans exploration, production, and refining of oil and gas, showcasing its leadership in the industry, while Transocean and SLB also excel in their respective fields, further solidifying market confidence in the oil and gas sector.
NASDAQ.COM
4.5
02:04 AMNASDAQ.COM
Middle East Conflict Drives Up Oil and Gas Prices
  • Supply Shock Impact: The ongoing conflict in the Middle East has sharply driven up oil and gas prices, particularly after military actions by the U.S. and Israel, with approximately 20% of global oil and LNG shipments affected, intensifying fears of supply shortages.
  • Energy Stock Performance: Many oil and gas-related stocks rose last week as traders rotated into companies poised to benefit from higher energy prices, demonstrating the safe-haven characteristics of energy stocks during supply shocks.
  • ExxonMobil Analysis: While ExxonMobil is one of the largest and best-managed energy companies globally, covering exploration, production, and refining of oil and gas, analysts have noted it did not make the current list of top investment stocks, suggesting caution for potential investors.
  • Market Outlook: The Trump administration is attempting to negotiate an end to hostilities, yet is also reportedly considering ground operations in Iran, which would significantly escalate the conflict and likely prolong market uncertainty.
NASDAQ.COM
8.0
03-26NASDAQ.COM
Analysis of Covered Call Options for RIG Stock
  • Covered Call Returns: Investors purchasing RIG stock at the current price of $6.87 and selling a covered call at a $7.00 strike price can expect a total return of 2.04% by the May 8 expiration, highlighting the potential profitability of this strategy.
  • Expiration Risk: With the $7.00 strike representing a 2% premium over the current trading price, there is a 41% chance that the option will expire worthless, allowing investors to retain both their shares and the premium collected, thereby enhancing overall returns.
  • Yield Boost Potential: Should the covered call expire worthless, investors would gain an additional 0.15% return, annualized at 1.24%, referred to as YieldBoost, providing an extra layer of income opportunity for investors.
  • Volatility Analysis: The implied volatility of the call option stands at 147%, while the actual trailing volatility of RIG stock is 65%, indicating a significant disparity between market expectations and actual price movements, necessitating careful risk assessment by investors.
moomoo
3.5
03-25moomoo
TRANS MOUNTAIN CORP: DRA PROJECT ANTICIPATED TO BOOST THROUGHPUT BY APPROXIMATELY 90,000 BPD AND BE OPERATIONAL BY EARLY 2027
  • Project Overview: Transmountain Corporation's Drag Reducing Agent (DRA) project is expected to enhance throughput by approximately 90,000 barrels per day.

  • Timeline: The project is anticipated to be in service by early 2027.

Globenewswire
8.5
03-17Globenewswire
Investigation Alerts for Multiple Company Mergers
  • Valaris Merger Investigation: Valaris Limited is set to be acquired by Transocean in an all-stock transaction valued at approximately $5.8 billion, with shareholders receiving 15.235 shares of Transocean stock for each Valaris share, raising concerns about whether the Valaris Board breached its fiduciary duties by failing to ensure a fair process.
  • Silicon Labs Acquisition Scrutiny: Silicon Labs will be acquired by Texas Instruments for $231.00 per share in an all-cash deal, representing a total enterprise value of around $7.5 billion, with investigations focusing on whether the Board failed to secure fair value for shareholders, potentially impacting their interests.
  • SkyWater Technology Merger Issues: SkyWater will be acquired by IonQ for $35.00 per share in a cash-and-stock transaction, implying a total equity value of approximately $1.8 billion, with investigations questioning whether the Board conducted a fair process, especially since the deal consideration is below the company's 52-week high of $36.27.
  • Nathan's Famous Acquisition Investigation: Nathan's Famous will be acquired by Smithfield Foods for $102.00 per share in cash, representing an enterprise value of about $450 million, with investigations examining whether the Board ensured fair value for shareholders, particularly as the deal price is below the 52-week high of $118.50.
Benzinga
4.0
03-13Benzinga
Netflix Upgraded to Buy, Target Announces Price Cuts
  • Netflix Upgrade: CFRA analyst Kenneth Leon upgraded Netflix from Hold to Buy on March 6, setting a price target of $115, indicating confidence in the company's growth potential, despite shares falling 0.6% to close at $94.31 on Thursday.
  • Target Price Cuts: Target announced price reductions on over 3,000 items by 5% to 20% ahead of the spring season, aiming to attract consumers, although its shares fell 2.6% to $115.75 during the session.
  • Transocean Positive Rating: Susquehanna analyst Charles Minervino maintained a Positive rating on Transocean and raised the price target from $6.5 to $7.5 on February 23, reflecting optimism about the company, even as shares dipped 0.5% to $6.28 on Thursday.
  • CME Stock Gains: Joseph Terranova from Virtus Investment Partners recommended CME Group, with shares rising 2.6% to close at $311.19 on Thursday, showcasing positive market sentiment towards financial stocks.
Wall Street analysts forecast RIG stock price to rise
7 Analyst Rating
Wall Street analysts forecast RIG stock price to rise
2 Buy
2 Hold
3 Sell
Hold
Current: 0.000
sliders
Low
3.00
Averages
5.38
High
10.00
Current: 0.000
sliders
Low
3.00
Averages
5.38
High
10.00
Clarksons
Fredrik Stene
Buy
to
Neutral
downgrade
$5.90
AI Analysis
2026-03-19
Reason
Clarksons
Fredrik Stene
Price Target
$5.90
AI Analysis
2026-03-19
downgrade
Buy
to
Neutral
Reason
Clarksons analyst Fredrik Stene downgraded Transocean to Neutral from Buy with a $5.90 price target.
Susquehanna
NULL
to
Positive
upgrade
2026-02-23
Reason
Susquehanna
Price Target
2026-02-23
upgrade
NULL
to
Positive
Reason
Susquehanna raised the firm's price target on Transocean to $7.50 from $6.50 and keeps a Positive rating on the shares. The firm updated its estimates following Q4 results as the company posted a solid fourth quarter, highlighted by strong free cash flow of $321mn, its highest in nearly a decade, rounding out the year with $626mn generated. They also announced several contracts, including a three-well contract with BP in Brazil for Deepwater Mykonos and a six-well contract in Australia for Deepwater Skyros.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for RIG
Unlock Now

Valuation Metrics

The current forward P/E ratio for Transocean Ltd (RIG.N) is 20.62, compared to its 5-year average forward P/E of 26.17. For a more detailed relative valuation and DCF analysis to assess Transocean Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
26.17
Current PE
20.62
Overvalued PE
133.89
Undervalued PE
-81.54

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
9.67
Current EV/EBITDA
7.17
Overvalued EV/EBITDA
11.78
Undervalued EV/EBITDA
7.55

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.08
Current PS
1.18
Overvalued PS
1.42
Undervalued PS
0.74

Financials

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Annual
Quarterly

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Whales Holding RIG

A
azValor Asset Management SGIIC, S.A.U.
Holding
RIG
+35.58%
3M Return
T
Tontine Management, LLC
Holding
RIG
+20.36%
3M Return
Z
Zimmer Partners, LP
Holding
RIG
+12.24%
3M Return
C
Contrarius Investment Management Ltd.
Holding
RIG
-2.56%
3M Return
B
British Columbia Investment Management Corporation
Holding
RIG
-10.54%
3M Return

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Frequently Asked Questions

What is Transocean Ltd (RIG) stock price today?

The current price of RIG is 6.845 USD — it has decreased -1.23

What is Transocean Ltd (RIG)'s business?

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The Company's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.

What is the price predicton of RIG Stock?

Wall Street analysts forecast RIG stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RIG is5.38 USD with a low forecast of 3.00 USD and a high forecast of 10.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Transocean Ltd (RIG)'s revenue for the last quarter?

Transocean Ltd revenue for the last quarter amounts to 1.04B USD, increased 9.56

What is Transocean Ltd (RIG)'s earnings per share (EPS) for the last quarter?

Transocean Ltd. EPS for the last quarter amounts to 0.02 USD, increased 100.00

How many employees does Transocean Ltd (RIG). have?

Transocean Ltd (RIG) has 5600 emplpoyees as of March 30 2026.

What is Transocean Ltd (RIG) market cap?

Today RIG has the market capitalization of 7.64B USD.