Transocean LTD (RIG)
NYSE:RIG
Want to see RIG full AI Analyst Report?
RIG Stock Chart & Stats
$5.94
-$0.08(-2.04%)
At close: 4:00 PM EST
$5.94
-$0.08(-2.04%)
Day’s Range― - ―
52-Week Range$2.11 - $7.14
Previous CloseN/A
Volume8.21M
Average Volume (3M)32.93M
Market Cap
$7.70B
Enterprise Value$10.95B
Total Cash (Recent Filing)$997.00M
Total Debt (Recent Filing)$5.66B
Price to Earnings (P/E)―
Beta1.02
Next Earnings
May 04, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,106,750,600
10 Day Avg. Volume26,481,331
30 Day Avg. Volume32,927,466
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.49
Price to Sales (P/S)1.00
P/FCF Ratio6.33
Enterprise Value/Market Cap1.42
Enterprise Value/Revenue2.76
Enterprise Value/Gross Profit12.16
Enterprise Value/Ebitda-22.25
Forecast
1Y Price Target
$7.03Price Target Upside18.41% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.2
Revenue Forecast (FY)$3.87B
Bulls Say, Bears Say
Bulls Say
Strong Free Cash Flow GenerationSustained positive operating and free cash flow in 2025 signals the business can internally fund capex, maintenance and debt reduction. For a capital-intensive driller, durable cash generation improves financing optionality, supports deleveraging and underpins longer-term investment in high-spec fleet.
Expanding Long‑term Backlog From High‑spec ContractsMaterial multi‑year contracts and recent $1.6B incremental backlog extend revenue visibility and underpin utilization for high‑spec rigs. Firm, long-duration awards reduce short‑cycle churn, support predictable dayrates and justify continued investment in ultra‑deepwater capabilities.
Transformational Scale And Targeted Synergies From Valaris MergerCombining fleets with Valaris materially increases scale, diversifies asset mix and concentrates high‑spec capabilities. Realizing >£200M synergies and a larger backlog should lower unit costs, improve utilization flexibility and accelerate deleveraging and market competitiveness over the medium term.
Bears Say
Persistent Net Losses And Large ImpairmentsLarge below‑the‑line charges and recurring net losses show operating gains are offset by impairments and non‑cash items. This erodes shareholders' equity, complicates return metrics and highlights prior overcapacity or asset mix issues that could limit durable returns until resolved.
Historically Volatile Free Cash Flow And Incomplete Coverage Of EBITDAWhile 2025 cash generation improved, the company has shown volatile FCF across cycles and coverage still falls short of EBITDA in some years. For a capital‑intensive driller, volatility risks capex funding flexibility and makes sustained deleveraging and investment planning more sensitive to demand swings.
Contract Timing And Execution Risks (idle Time, Petrobras Negotiations)Assumed idle days, delayed awards and protracted customer talks (e.g., Petrobras) create downside to revenue and utilization if slips persist. Instructive for long‑term fundamentals: uneven tendering and contract timing can depress utilization and weaken the path to sustained high‑spec fleet returns.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $2.11 and its highest was $7.14 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $7.70B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is May 04, 2026 which is in 4 days.
How were Transocean LTD’s earnings last quarter?
Transocean LTD released its earnings results on Feb 19, 2026. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.083 by -$0.063.
Is Transocean LTD overvalued?
According to Wall Street analysts Transocean LTD’s price is currently Undervalued.
Does Transocean LTD pay dividends?
Transocean LTD pays a Quarterly dividend of $0.15 which represents an annual dividend yield of N/A. See more information on Transocean LTD dividends here
What is Transocean LTD’s EPS estimate?
Transocean LTD’s EPS estimate is 0.08.
How many shares outstanding does Transocean LTD have?
Transocean LTD has 1,106,750,600 shares outstanding.
What happened to Transocean LTD’s price movement after its last earnings report?
Transocean LTD reported an EPS of $0.02 in its last earnings report, missing expectations of $0.083. Following the earnings report the stock price went up 2.251%.
Which hedge fund is a major shareholder of Transocean LTD?
Currently, no hedge funds are holding shares in RIG
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Transocean Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.03 (18.41% Upside)
$7.03 (18.41% Upside)
Blogger Sentiment
Bullish
RIG Sentiment 82%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Decreased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $498.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days >0.1%
Last 30 Days ▼ 3.3%
Last 30 Days ▼ 3.3%
News Sentiment
Bullish
Bullish news 80%
Bearish news 20%
Bearish news 20%
Technicals
SMA
Positive
20 days / 200 days
Momentum
160.52%
12-Months-Change
Fundamentals
Return on Equity
-32.62%
Trailing 12-Months
Asset Growth
-19.25%
Trailing 12-Months
Company Description
Transocean LTD
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.
RIG Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted material financial and operational improvements — strong adjusted EBITDA (+~20% YoY), best-in-several-years quarterly free cash flow, significant debt reduction, record uptime (~98%), and a strategic, transformative acquisition of Valaris with sizable pro forma backlog and identified synergies. Headwinds include some near-term assumed idle time on specific rigs, slower-than-expected award timing in late 2025, and ongoing Petrobras negotiations. Overall, the positive financial momentum, improved liquidity and clear pathway to deleveraging and higher utilization outweigh the limited near-term execution and timing risks.View all RIG earnings summariesRIG Stock 12 Month Forecast
Average Price Target
$7.03
▲(18.41% Upside)
Technical Analysis
Ownership Overview
26.76% Insiders
16.75% Mutual Funds
1.61% Other Institutional Investors
35.93% Public Companies and Individual Investors