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RIG Overview

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$
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
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Intellectia

Loading chart...

High
6.230
Open
5.940
VWAP
6.09
Vol
41.09M
Mkt Cap
6.80B
Low
5.860
Amount
250.10M
EV/EBITDA(TTM)
8.68
Total Shares
1.10B
EV
11.84B
EV/OCF(TTM)
15.81
P/S(TTM)
1.49
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)
2026-02-24
11:10:00
Transocean Shares Rise 2.9% to $6.58
select
2026-02-19 (ET)
2026-02-19
19:30:00
Transocean Sees FY26 Revenue of $3.80B-$3.95B
select
2026-02-19
19:30:00
Transocean Reports Q4 Revenue of $1.04B, CEO Highlights Capital Structure Improvement
select
2026-02-19
19:30:00
Transocean Sees Q1 Revenue of $1.02B-$1.05B
select
2026-02-19
16:30:00
Transocean Shares Rise 2.17% to $6.36
select

News

seekingalpha
8.5
03-09seekingalpha
Valaris Shares Rise 3.7% Amid Crude Oil Price Surge
  • Stock Price Surge: Valaris (VAL) rose 3.7% in Monday's trading, primarily driven by a broad increase in crude oil prices, despite BTIG Research downgrading its rating from Buy to Neutral, reflecting market optimism in the oil and gas sector.
  • Acquisition Impact: Since Transocean (RIG) announced a $5.8 billion acquisition offer a month ago, Valaris' stock has climbed 40%, positioning Transocean to become the world's largest offshore floater fleet, while Valaris' 31 jackups will re-enter the market, enhancing its competitive edge.
  • Market Outlook: BTIG analyst Gregory Lewis noted that the timing of the acquisition is closely tied to an anticipated pickup in offshore activity, with improving market conditions expected to materialize by late 2026 or early 2027, providing strategic support for Valaris' future growth.
  • Investor Confidence: Despite the recent rally in Valaris' stock price, Lewis remains positive on Transocean's acquisition, believing both companies have upside potential, but cautions that much of Valaris' potential gains may already be priced in.
Benzinga
6.5
02-23Benzinga
Analysts Favor Apple Stock Outlook
  • Apple Stock Outlook: Joshua Brown, CEO of Ritholtz Wealth Management, expressed optimism about Apple Inc. (NASDAQ:AAPL) as it heads into the year's end, supported by Wedbush analyst Dan Ives reiterating an Outperform rating and a $350 price target on February 17.
  • Transocean Earnings Beat: Transocean Ltd. (NYSE:RIG) reported adjusted earnings of 2 cents per share on February 19, missing the 8-cent consensus, yet revenue of $1.04 billion slightly exceeded forecasts, indicating stronger-than-expected cash flow performance.
  • AppLovin Strong Margins: AppLovin Corporation (NASDAQ:APP) saw its shares rise 1.6% to $418.68 on Friday, driven by social media speculation about a partnership with OpenAI to monetize ChatGPT through ads, highlighting the company's potential for innovative revenue streams.
  • Microsoft Downgrade: Stifel analyst Brad Reback downgraded Microsoft Corporation (NASDAQ:MSFT) from Buy to Hold on February 5, lowering the price target from $540 to $392, as the stock fell 0.3% to close at $397.23 on Friday, reflecting market caution.
Benzinga
8.5
02-20Benzinga
Transocean Reports Mixed Q4 Results Amid Merger Progress
  • Earnings Performance: Transocean reported adjusted earnings of two cents per share for Q4, missing Wall Street's eight-cent consensus, while revenue reached $1.04 billion, slightly exceeding expectations, indicating resilience in the market.
  • Contract Revenue Growth: Contract drilling revenue rose 1.5% from the prior quarter due to improved rig utilization, even as operating and maintenance expenses increased to $605 million, reflecting ongoing shipyard work across multiple rigs.
  • Financial Health: For 2025, Transocean generated $749 million in operating cash flow and $626 million in free cash flow, ending the year with $1.51 billion in total liquidity and a contract backlog of approximately $6.1 billion, showcasing a strong financial foundation.
  • Merger Plans: Transocean plans to acquire Valaris in a deal valued at about $5.8 billion, expected to create an offshore drilling heavyweight with an estimated $10 billion backlog, with the CEO stating that the combined fleet of high-spec rigs will enhance financial flexibility and support ongoing investments.
seekingalpha
2.0
02-20seekingalpha
Transocean Reports Strong Q4 2025 Earnings and Valaris Acquisition Insights
  • Strong Financial Performance: Transocean reported an adjusted EBITDA of $385 million and free cash flow of $321 million in Q4 2025, with annual adjusted EBITDA totaling $1.37 billion, showcasing exceptional financial execution that enhances its competitive position in the market.
  • Debt Management Optimization: The company successfully retired approximately $1.3 billion in debt in 2025, reducing annual interest expenses by nearly $90 million, which not only improved financial flexibility but also laid the groundwork for the transaction with Valaris, expected to further enhance shareholder value.
  • Strategic Significance of Acquisition: The merger with Valaris is viewed as a
Benzinga
9.5
02-20Benzinga
Transocean Reports Earnings Miss Despite Revenue Beat
  • Earnings Miss: Transocean reported adjusted earnings of two cents per share, falling short of the consensus estimate of eight cents, indicating pressure on profitability that may affect investor confidence.
  • Revenue Growth: Quarterly revenue reached $1.043 billion, exceeding analyst expectations of $1.033 billion, reflecting a 1.5% increase in contract drilling revenues driven by higher rig utilization, which is a positive sign for operational performance.
  • Debt Management Progress: CEO Keelan Adamson highlighted the successful retirement of approximately $1.3 billion in debt principal, resulting in nearly $90 million in annualized interest savings, showcasing proactive efforts to strengthen the balance sheet.
  • Acquisition Strategy: The definitive agreement to merge with Valaris is viewed as a strategic move to enhance financial flexibility and accelerate debt reduction, expected to benefit customers and investors through improved cash flow and high-quality rig services.
Globenewswire
8.5
02-20Globenewswire
Investor Rights Law Firm Investigates Multiple Companies
  • Investigation Focus: Halper Sadeh LLC is investigating Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) regarding its sale to Mubadala Capital and TWG Global for $2.43 per share, potentially infringing on shareholder rights.
  • Shareholder Rights Protection: The sale of Webster Financial Corporation (NYSE: WBS) to Banco Santander, S.A. involves $48.75 in cash and 2.0548 Santander American Depository Shares per common share, prompting Halper Sadeh LLC to remind shareholders to consider their legal rights.
  • Cash Acquisition: European Wax Center, Inc. (NASDAQ: EWCZ) is being sold to General Atlantic for $5.80 per share in cash, with Halper Sadeh LLC advising shareholders to understand their rights and options.
  • Merger Transaction: Transocean Ltd. (NYSE: RIG) is merging with Valaris Limited, resulting in Transocean shareholders owning approximately 53% of the combined entity, and Halper Sadeh LLC may seek increased consideration and other benefits.
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
Susquehanna
NULL
to
Positive
upgrade
AI Analysis
2026-02-23
Reason
Susquehanna
Price Target
AI Analysis
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.
Barclays
Overweight -> Equal Weight
downgrade
$6
2026-02-18
Reason
Barclays
Price Target
$6
2026-02-18
downgrade
Overweight -> Equal Weight
Reason
Barclays downgraded Transocean to Equal Weight from Overweight with a price target of $6, up from $4.50.
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 25.79. 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
25.79
Current PE
20.62
Overvalued PE
132.93
Undervalued PE
-81.36

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
7.56

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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Whales Holding RIG

A
azValor Asset Management SGIIC, S.A.U.
Holding
RIG
+31.93%
3M Return
Z
Zimmer Partners, LP
Holding
RIG
+13.25%
3M Return
C
Contrarius Investment Management Ltd.
Holding
RIG
+1.50%
3M Return
T
Tontine Management, LLC
Holding
RIG
-0.22%
3M Return
B
British Columbia Investment Management Corporation
Holding
RIG
-2.39%
3M Return

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Frequently Asked Questions

What is Transocean Ltd (RIG) stock price today?

The current price of RIG is 6.17 USD — it has increased 4.05

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 10 2026.

What is Transocean Ltd (RIG) market cap?

Today RIG has the market capitalization of 6.80B USD.