Logo image of RIG

TRANSOCEAN LTD (RIG) Stock Price, Quote, News and Overview

NYSE:RIG - New York Stock Exchange, Inc. - CH0048265513 - Common Stock - Currency: USD

2.95  -0.09 (-2.96%)

Premarket: 2.97 +0.02 (+0.68%)

RIG Quote, Performance and Key Statistics

TRANSOCEAN LTD

NYSE:RIG (2/28/2025, 8:11:44 PM)

Premarket: 2.97 +0.02 (+0.68%)

2.95

-0.09 (-2.96%)

Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Drilling
Statistics
52 Week High6.88
52 Week Low2.95
Market Cap2.58B
Shares875.80M
Float729.89M
Yearly Dividend1.05
Dividend YieldN/A
PEN/A
Fwd PE22.52
Earnings (Next)04-28 2025-04-28/amc
IPO12-19 2008-12-19


RIG short term performance overview.The bars show the price performance of RIG in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -10 -20 -30

RIG long term performance overview.The bars show the price performance of RIG in the last 1, 2 and 3 years. 1 year 2 years 3 years -10 -20 -30 -40 -50

The current stock price of RIG is 2.95 USD. In the past month the price decreased by -24.55%. In the past year, price decreased by -42.04%.

TRANSOCEAN LTD / RIG Daily stock chart

RIG Competitors/Peers

The largest stocks on the US markets in the "Oil & Gas Drilling" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
NE NOBLE CORP PLC 11.21 4.15B
PTEN PATTERSON-UTI ENERGY INC 207.75 3.21B
HP HELMERICH & PAYNE 8.21 2.63B
VAL VALARIS LTD 6.95 2.54B
SDRL SEADRILL LIMITED 8.32 1.75B
PDS PRECISION DRILLING CORP 9.74 685.97M
BORR BORR DRILLING LTD 7.94 670.76M
NBR NABORS INDUSTRIES LTD N/A 430.43M

About RIG

Company Profile

RIG logo image Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. The company is headquartered in Steinhausen, Zug and currently employs 5,800 full-time employees. The company went IPO on 2008-12-19. The firm's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The firm's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.

Company Info

TRANSOCEAN LTD

Turmstrasse 30

Steinhausen ZUG 6312 CH

CEO: Jeremy D. Thigpen

Employees: 5430

Company Website: https://www.deepwater.com/

Investor Relations: https://investor.deepwater.com/

Phone: 41417490500

TRANSOCEAN LTD / RIG FAQ

What is the stock price of TRANSOCEAN LTD today?

The current stock price of RIG is 2.95 USD. The price decreased by -2.96% in the last trading session.


What is the ticker symbol for TRANSOCEAN LTD stock?

The exchange symbol of TRANSOCEAN LTD is RIG and it is listed on the New York Stock Exchange, Inc. exchange.


On which exchange is RIG stock listed?

RIG stock is listed on the New York Stock Exchange, Inc. exchange.


What is the price forecast or stock price prediction for TRANSOCEAN LTD stock?

20 analysts have analysed RIG and the average price target is 5 USD. This implies a price increase of 69.55% is expected in the next year compared to the current price of 2.95. Check the TRANSOCEAN LTD stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is TRANSOCEAN LTD worth?

TRANSOCEAN LTD (RIG) has a market capitalization of 2.58B USD. This makes RIG a Mid Cap stock.


How many employees does TRANSOCEAN LTD have?

TRANSOCEAN LTD (RIG) currently has 5430 employees.


What are the support and resistance levels for TRANSOCEAN LTD (RIG) stock?

TRANSOCEAN LTD (RIG) has a resistance level at 3.64. Check the full technical report for a detailed analysis of RIG support and resistance levels.


Is TRANSOCEAN LTD (RIG) expected to grow?

The Revenue of TRANSOCEAN LTD (RIG) is expected to grow by 9.16% in the next year. Check the estimates tab for more information on the RIG EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy TRANSOCEAN LTD (RIG) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does TRANSOCEAN LTD (RIG) stock pay dividends?

RIG does not pay a dividend.


When does TRANSOCEAN LTD (RIG) report earnings?

TRANSOCEAN LTD (RIG) will report earnings on 2025-04-28, after the market close.


What is the Price/Earnings (PE) ratio of TRANSOCEAN LTD (RIG)?

TRANSOCEAN LTD (RIG) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.27).


What is the Short Interest ratio of TRANSOCEAN LTD (RIG) stock?

The outstanding short interest for TRANSOCEAN LTD (RIG) is 19.98% of its float. Check the ownership tab for more information on the RIG short interest.


RIG Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

RIG Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to RIG. RIG has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

RIG Financial Highlights

Over the last trailing twelve months RIG reported a non-GAAP Earnings per Share(EPS) of -0.27. The EPS increased by 72.45% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -2.64%
ROE -4.98%
Debt/Equity 0.6
Chartmill High Growth Momentum
EPS Q2Q%0%
Sales Q2Q%28.48%
EPS 1Y (TTM)72.45%
Revenue 1Y (TTM)24.44%

RIG Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 70% to RIG. The Buy consensus is the average rating of analysts ratings from 20 analysts.

For the next year, analysts expect an EPS growth of 148.51% and a revenue growth 9.16% for RIG


Ownership
Inst Owners71.59%
Ins Owners1.52%
Short Float %19.98%
Short Ratio5.87
Analysts
Analysts70
Price Target5 (69.49%)
EPS Next Y148.51%
Revenue Next Year9.16%