Transocean LTD (RIG)
NYSE:RIG
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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$2.34 - $7.66
Previous CloseN/A
Volume8.21M
Average Volume (3M)34.52M
Market Cap
$8.19B
Enterprise Value$10.82B
Total Cash (Recent Filing)$615.00M
Total Debt (Recent Filing)$5.27B
Price to Earnings (P/E)25.9
Beta0.98
Next Earnings
Aug 03, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-3.05
Shares Outstanding1,116,441,200
10 Day Avg. Volume33,865,284
30 Day Avg. Volume34,517,903
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 Cap1.32
Enterprise Value/Revenue2.61
Enterprise Value/Gross Profit3.08
Enterprise Value/Ebitda-6.98
Forecast
1Y Price Target
$6.99Price Target Upside17.60% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.17
Revenue Forecast (FY)$3.86B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationSustained positive operating and free cash flow (TTM) provides a durable internal funding source to service debt, fund maintenance and selective growth capex, and absorb cyclical downturns. Reliable cash conversion reduces reliance on external financing and supports strategic flexibility over the next several quarters.
Robust Contracted BacklogHigh-quality, multi-year backlog with strong coverage for 2026–2027 gives durable revenue visibility and supports utilization and dayrate negotiations. This long-duration contracted work underpins predictable cash flows, planning certainty for capex, and resilience to near-term demand swings in core deepwater markets.
Progress On DeleveragingMeasurable debt reductions and targeted 2026 retirements lower interest expense and leverage ratios, expanding financial headroom. Improved balance sheet flexibility reduces refinancing risk, supports investment choices and potential integrations, and increases resilience to industry cyclicality across a multi‑quarter horizon.
Bears Say
Persistent Reported LossesLarge accounting losses and negative ROE show that below-the-line items or one-offs materially depress reported profitability despite strong cash flow. Continued negative earnings complicate investor returns, may limit financing options or prompt dilution if cash generation weakens, and could pressure capital allocation over time.
Antitrust Risk On Valaris DealAn extended DOJ review introduces timing and outcome uncertainty for a major strategic consolidation that underpins >$200M claimed synergies. Delay or remedies could defer expected cost savings, increase integration complexity, and alter competitive dynamics, affecting medium-term strategy and capital deployment plans.
High Reactivation Costs & Inflationary PressureVery high restart costs for cold-stacked rigs, long lead times and rising fuel/logistics costs can constrain the firm's ability to quickly scale fleet supply to capture demand. This structural cost burden risks compressing margins and requires firm multi-year contracts before capital deployment, slowing upside capture.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $2.34 and its highest was $7.66 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $8.19B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is Aug 03, 2026 which is in 73 days.
How were Transocean LTD’s earnings last quarter?
Transocean LTD released its earnings results on May 04, 2026. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of $0.081 by -$0.111.
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 0.03.
How many shares outstanding does Transocean LTD have?
Transocean LTD has 1,116,441,200 shares outstanding.
What happened to Transocean LTD’s price movement after its last earnings report?
Transocean LTD reported an EPS of -$0.03 in its last earnings report, missing expectations of $0.081. Following the earnings report the stock price went down -9.157%.
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
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$6.99 (17.60% Upside)
$6.99 (17.60% Upside)
Blogger Sentiment
Bullish
RIG Sentiment 70%
Sector Average 72%
Sector Average 72%
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 ▲ 4.4%
Last 30 Days ▲ 3.2%
Last 30 Days ▲ 3.2%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
177.23%
12-Months-Change
Fundamentals
Return on Equity
-32.79%
Trailing 12-Months
Asset Growth
-20.34%
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
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call communicated strong operational execution, robust profitability (Adjusted EBITDA $440M, >40% margin), meaningful backlog growth (~$1.6B incremental; backlog >$7B), improved market visibility with deepwater utilization expected near 100% by 2027, and deliberate balance-sheet improvements (early debt retirements and targeted cost savings). Counterpoints include an antitrust second request on the Valaris acquisition that introduces potential timing/risk, a modest $50M reduction to the upper revenue outlook, modestly higher capex and emerging inflationary pressures (fuel +~100%, freight +30%–50%) and continued reactivation economics that keep some assets cold-stacked. Overall, positive operational and financial momentum outweighs the identified risks, though timing and macro-driven cost pressures warrant monitoring.View all RIG earnings summariesRIG Stock 12 Month Forecast
Average Price Target
$6.99
▲(17.60% Upside)
Technical Analysis
Ownership Overview
26.54% Insiders
16.70% Mutual Funds
22.79% Other Institutional Investors
14.75% Public Companies and Individual Investors