Transocean LTD (RIG)
NYSE:RIG
RIG Stock Chart & Stats
$6.68
-$0.08(-2.04%)
At close: 4:00 PM EST
$6.68
-$0.08(-2.04%)
Day’s Range― - ―
52-Week Range$2.03 - $7.14
Previous CloseN/A
Volume8.21M
Average Volume (3M)36.00M
Market Cap
$7.37B
Enterprise Value$10.71B
Total Cash (Recent Filing)$997.00M
Total Debt (Recent Filing)$5.66B
Price to Earnings (P/E)―
Beta1.22
Next Earnings
May 04, 2026EPS Estimate
0.08Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.02
Shares Outstanding1,102,848,800
10 Day Avg. Volume32,380,731
30 Day Avg. Volume35,997,060
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 Cap1.45
Enterprise Value/Revenue2.70
Enterprise Value/Gross Profit11.90
Enterprise Value/Ebitda-21.77
Forecast
1Y Price Target
$6.06Price Target Upside-9.28% Downside
Rating ConsensusHold
Number of Analyst Covering8
EPS Forecast (FY)0.2
Revenue Forecast (FY)$3.85B
Bulls Say, Bears Say
Bulls Say
Improved Cash GenerationA sustained swing to strong operating and free cash flow materially improves the company’s ability to fund capex, service and retire debt, and support operations without equity raises. For a capital‑intensive driller, durable FCF strengthens financing optionality and resilience through cycles.
Large, Multi‑year BacklogA multi‑billion dollar, long‑dated backlog increases revenue visibility and supports higher utilization and dayrate negotiation leverage. Multi‑year contracts reduce near‑term demand sensitivity and underpin medium‑term cash flow and planning for fleet deployment and capital allocation.
Meaningful Deleveraging And Interest SavingsMaterial debt paydowns and retiring high‑coupon notes lower financing costs and improve liquidity. Sustained deleveraging reduces refinancing risk, increases financial flexibility to pursue strategic investments or weather downturns, and supports a clearer path to sub‑2x leverage.
Bears Say
Persistent Net Losses & Large ImpairmentsLarge non‑cash impairments and recurring net losses signal prior overinvestment or asset revaluation, weigh on equity and retained earnings, complicate return‑on‑capital recovery and could hinder investor confidence and capital‑raising ability over the medium term.
Free Cash Flow Volatility / Capital IntensityThe business is materially capital intensive and FCF has been cyclical. Although 2025 showed strong FCF, historical volatility means sustaining deleveraging and shareholder returns depends on prolonged high utilization and dayrates, exposing plans to commodity and contract timing risk.
Merger Approval And Integration Risk (Valaris)A transformational all‑stock merger materially changes scale and fleet mix but depends on approvals and successful integration to realize >$200M synergies. Execution, cultural and operational integration risks could delay savings, strain management focus, and raise short‑to‑medium term execution risk.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $2.03 and its highest was $7.14 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $7.37B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is May 04, 2026 which is in 25 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 Overvalued.
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 1,102,848,800 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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$6.06 (-9.28% Downside)
$6.06 (-9.28% Downside)
Blogger Sentiment
Bullish
RIG Sentiment 88%
Sector Average 68%
Sector Average 68%
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 Positive
Last 7 Days ▲ 0.5%
Last 30 Days ▲ 9.3%
Last 30 Days ▲ 9.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
203.68%
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
$6.06
▼(-9.28% Downside)
Technical Analysis
Ownership Overview
26.86% Insiders
16.68% Mutual Funds
15.22% Other Institutional Investors
22.56% Public Companies and Individual Investors