Transocean (RIGN) Stock Price & Analysis
RIGN Stock Chart & Stats
- Day’s Range
- MXN 124.00 - MXN 124.00
- 52-Week Range
- MXN 67.50 - MXN 131.00
- Previous Close
- MXN 124.00
- Volume
- 0
- Average Volume (3M)
- 24
- Market Cap
- MXN 145.67B
- Enterprise Value
- MXN 10.20B
- Total Cash (Recent Filing)
- MXN 509.00M
- Total Debt (Recent Filing)
- MXN 5.12B
- Price to Earnings (P/E)
- ―
- Beta
- 0.06
- Next Earnings
- Feb 22, 2027 (Est.)
- EPS Estimate
- 1.17
- Next Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
Bulls Say, Bears Say
Bulls Say
Backlog Growth
The new Gulf contracts extend work on two high-specification drillships into 2027 and add substantial firm backlog. This improves revenue visibility, supports utilization of premium assets, and reinforces Transocean’s position in complex ultra-deepwater drilling over the next several quarters.
Cash Generation And Liquidity
Strong recent free cash flow and substantial liquidity give Transocean greater capacity to fund rig operations, meet obligations, and manage capital needs. Debt reduction alongside cash generation also improves financial flexibility as the company pursues fleet growth and strategic consolidation.
Expanded Scale And Fleet Position
The proposed Valaris combination could materially increase fleet scale and broaden Transocean’s competitive position in offshore drilling. A larger platform may improve market reach and operating breadth, while consolidation could strengthen its ability to compete for major deepwater programs.
Bears Say
Deep Net Losses
Persistent and very large net losses show that Transocean is not currently converting its operations into sustainable bottom-line earnings. Continued negative margins can restrict internally funded investment, weaken shareholder returns, and leave results vulnerable if operating conditions deteriorate.
Sharp Revenue Decline
The sharp TTM revenue contraction indicates meaningful near-term demand or utilization risk within a contract-driven business. Even with longer-term backlog wins, such volatility can reduce earnings visibility and make it harder for Transocean to consistently absorb its substantial operating and fleet costs.
Merger Execution Risk
The planned Valaris merger could add scale, but completion remains dependent on shareholder approvals and court sanction. Delays, failed conditions, or integration challenges could postpone expected strategic benefits and consume management attention while the company manages a significant transaction.
Transocean News
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Transocean Stock Smart Score
Company Description
Transocean
Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Keelan I. Adamson
- Employees
- 5,220
- Website
- www.deepwater.com
- Address
- Turmstrasse 30, Zug, ZG, 6312, CH
Transocean (RIGN) Earnings & Revenues
RIGN Earnings Call
Earnings Call SentimentPositive
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 MX:RIGN earnings summariesRIGN Stock 12 Month Forecast
Average Price Target
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 14 | 2 | 6 |
| Technical Analysis | 2 | 2 | 6 |
| Moving Averages | 12 | 0 | 0 |
