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RIG Stock Chart & Stats
$5.74
$0.03(0.56%)
At close: 4:00 PM EDT
$5.74
$0.03(0.56%)
Day’s Range― - ―
52-Week Range$3.01 - $7.66
Previous CloseN/A
Volume49.45M
Average Volume (3M)42.60M
Market Cap
$6.53B
Enterprise Value$10.20K
Total Cash (Recent Filing)$509.00M
Total Debt (Recent Filing)$5.12B
Price to Earnings (P/E)―
Beta1.00
Next Earnings
Nov 04, 2026EPS Estimate
0.02Next Dividend Ex-DateN/A
Dividend Yield14.08%
Share Statistics
EPS (TTM)-1.84
Shares Outstanding1,116,880,100
10 Day Avg. Volume36,955,747
30 Day Avg. Volume42,598,346
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 Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda>-0.01
Forecast
1Y Price Target
$7.08Price Target Upside23.26% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EPS Forecast (FY)0.23
Revenue Forecast (FY)$3.91B
Bulls Say, Bears Say
Bulls Say
Strong Cash GenerationRobust operating and free cash flow provides internally generated funding for fleet needs, debt reduction, and business operations. The improvement from prior periods indicates stronger cash conversion and offers greater financial resilience while offshore drilling activity and contract timing fluctuate.
Large Contracted BacklogA multibillion-dollar backlog creates meaningful forward revenue visibility and supports utilization of Transocean’s specialized fleet. New fixtures at an average dayrate of about $461,000 also indicate that demand for high-specification rigs can support future operating performance.
High-specification Fleet DemandGrowing demand across deepwater and harsh-environment markets supports Transocean’s positioning in technically complex drilling, where specialized assets and operating capability are important. This structural demand can improve fleet utilization and strengthen contract opportunities over the coming quarters.
Bears Say
Sharp TTM Revenue DeclineThe steep trailing revenue contraction indicates that contract timing, fleet utilization, or customer activity has not yet translated into consistent top-line performance. If sustained, weaker revenue would reduce the company’s ability to absorb fixed fleet and operating costs.
Persistent Large Net LossesDeep and recurring accounting losses show that strong gross margins have not translated into sustainable bottom-line profitability. Continued losses can limit retained capital, weaken shareholder returns, and leave earnings highly sensitive to utilization, contract economics, and non-cash charges.
Cash Flow Below Accounting LossesPositive cash flow is not yet sufficient to offset the scale of reported losses, indicating that results benefit from non-cash items or working-capital timing. This mismatch reduces confidence that current cash generation represents durable earnings power until profitability improves.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $3.01 and its highest was $7.66 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $6.53B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is Nov 04, 2026 which is in 58 days.
How were Transocean LTD’s earnings last quarter?
Transocean LTD released its earnings results on Aug 05, 2026. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.14.
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 14.08%. See more information on Transocean LTD dividends here
What is Transocean LTD’s EPS estimate?
Transocean LTD’s EPS estimate is 0.02.
How many shares outstanding does Transocean LTD have?
Transocean LTD has 1,116,880,100 shares outstanding.
What happened to Transocean LTD’s price movement after its last earnings report?
Transocean LTD reported an EPS of $0.15 in its last earnings report, beating expectations of $0.01. Following the earnings report the stock price went up 0.389%.
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
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$7.08 (23.26% Upside)
$7.08 (23.26% Upside)
Blogger Sentiment
Bullish
RIG Sentiment 78%
Sector Average 56%
Sector Average 56%
Hedge Fund Trend
Increased
By 863.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $173.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 0.8%
Last 30 Days ▲ 0.4%
Last 30 Days ▲ 0.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
88.70%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-14.84%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Transocean LTD
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.
RIG Earnings Call
Q2 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
$7.08
▲(23.26% Upside)
Technical Analysis
Ownership Overview
26.54% Insiders
17.58% Mutual Funds
24.82% Other Institutional Investors
10.82% Public Companies and Individual Investors