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Transocean LTD (RIG)
NYSE:RIG
RIG Stock Chart & Stats
$6.38
-$0.08(-2.04%)
At close: 4:00 PM EST
$6.38
-$0.08(-2.04%)
Day’s Range― - ―
52-Week Range$1.97 - $6.96
Previous CloseN/A
Volume8.21M
Average Volume (3M)54.28M
Market Cap
$7.21B
Enterprise Value$10.45B
Total Cash (Recent Filing)$997.00M
Total Debt (Recent Filing)$5.66B
Price to Earnings (P/E)―
Beta1.34
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. Volume59,636,981
30 Day Avg. Volume54,277,448
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/Revenue2.64
Enterprise Value/Gross Profit11.61
Enterprise Value/Ebitda-21.24
Forecast
1Y Price Target
$5.82Price Target Upside-8.78% Downside
Rating ConsensusHold
Number of Analyst Covering9
EPS Forecast (FY)0.2
Revenue Forecast (FY)$3.85B
Bulls Say, Bears Say
Bulls Say
Free Cash Flow RecoveryTransocean's $626M free cash flow in 2025 reflects a structural improvement in cash generation after multi-year negatives. Sustained FCF underpins deleveraging, funds maintenance capex in a capital‑intensive fleet business, and improves resilience to cyclic demand swings if maintained.
Backlog And Scale ExpansionA multi-billion-dollar backlog plus pro forma scale from the Valaris combination materially lengthens revenue visibility and smooths utilization across basins. Higher contract coverage and identified cost synergies can lift medium-term cash flows and support sustained margin and liquidity improvements.
Operational ReliabilityNear-98% fleet uptime and strong safety performance reduce downtime risk and raise dayrate capture and margin sustainability. Reliable operations foster client stickiness in harsh-environment and deepwater markets, supporting durable cash generation and competitive positioning.
Bears Say
Large 2025 Net LossA massive impairment-driven loss signals past overinvestment or asset obsolescence and has eroded equity. Persistent below-the-line charges constrain return metrics and limit capital allocation flexibility until write-down effects are absorbed and sustainable net profitability returns.
Cash Flow VolatilityWhile 2025 FCF improved, historical swings and periods where FCF didn’t cover EBITDA expose the business to cyclical downturns. For a capital-heavy driller, inconsistent cash conversion raises refinancing and capex funding risk and complicates durable deleveraging plans.
Integration & Execution RiskThe large all‑stock Valaris combination increases regulatory, integration and execution risk through H2 2026. Realizing >£200M synergies and backlog benefits requires smooth integration; assumed idle rig time and contract timing slips could delay cash-flow and leverage targets.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $1.97 and its highest was $6.96 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $7.21B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is May 04, 2026 which is in 65 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
Neutral
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Analyst Consensus
Hold
Average Price Target:
$5.82 (-8.78% Downside)
$5.82 (-8.78% Downside)
Blogger Sentiment
Bullish
RIG Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.7M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.4M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 3.6%
Last 30 Days ▲ 3.6%
News Sentiment
Very Bullish
Bullish news 88%
Bearish news 13%
Bearish news 13%
Technicals
SMA
Positive
20 days / 200 days
Momentum
100.94%
12-Months-Change
Fundamentals
Return on Equity
-31.70%
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
$5.82
▼(-8.78% Downside)
Technical Analysis
Ownership Overview
26.83% Insiders
16.85% Mutual Funds
4.43% Other Institutional Investors
33.63% Public Companies and Individual Investors