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Transocean Ltd (RIG)

NYSE
Currency in USD
Disclaimer
4.300
+0.050(+1.18%)
Closed
After Hours
4.3000.000(0.00%)
RIG Scorecard
Full Analysis
Operates with a significant debt burden
Earnings results expected in 14 days
Fair Value
Day's Range
4.1804.310
52 wk Range
3.8507.710
Prev. Close
4.25
Open
4.21
Day's Range
4.18-4.31
52 wk Range
3.85-7.71
Volume
8,253,492
Average Volume (3m)
19,224,761
1-Year Change
-44.23%
Book Value / Share
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Fair Value
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Fair Value Upside
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RIG Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
6.814
Upside
+58.465%
Members' Sentiments
Bearish
Bullish
ProTips
Trading at a low Price / Book multiple
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InvestingPro Research for Transocean Ltd


Contract Triumphs
Transocean secures high-value contracts, including a $635,000 daily rate deal with BP, showcasing its strong market position in offshore drilling.
Navigating Challenges
Explore how Transocean tackles industry-wide issues like "white space" in contracts and idle rigs, potentially impacting its 2024 financial guidance.
Financial Outlook
Analysts project a shift from loss to profit, with EPS moving from -$0.23 in FY1 to $0.14 in FY2, reflecting Transocean's resilience in a tough market.
Market Positioning
Delve into Transocean's strategy to leverage its high-spec fleet and operational expertise amidst a positive yet competitive industry outlook.

Transocean Ltd Company Profile

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Compare RIG to Peers and Sector

Metrics to compare
RIG
Peers
Sector
Relationship
P/E Ratio
−10.8x11.7x4.8x
PEG Ratio
−0.160.050.00
Price/Book
0.4x1.7x1.1x
Price / LTM Sales
1.2x1.3x1.2x
Upside (Analyst Target)
55.8%53.3%29.3%
Fair Value Upside
Unlock25.3%8.2%Unlock

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FAQ

What Is the Transocean (RIG) Stock Price Today?

The Transocean stock price today is 4.30

What Stock Exchange Does Transocean Trade On?

Transocean is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Transocean?

The stock symbol for Transocean is "RIG."

What Is the Transocean Market Cap?

As of today, Transocean market cap is 3.76B.

What is Transocean Earnings Per Share?

The Transocean EPS is -0.433.

What Is the Next Transocean Earnings Date?

Transocean will release its next earnings report on 27 Oct 2024.
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