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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$3.03 - $7.66
Previous CloseN/A
Volume49.45M
Average Volume (3M)41.66M
Market Cap
$6.32B
Enterprise Value$10.20K
Total Cash (Recent Filing)$509.00M
Total Debt (Recent Filing)$5.12B
Price to Earnings (P/E)―
Beta0.95
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. Volume42,291,157
30 Day Avg. Volume41,657,207
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
Growing Deepwater BacklogNew work for a premium ultra-deepwater drillship improves forward revenue visibility and supports utilization of a high-specification asset. Because the campaign follows existing operations and extends into 2027, it strengthens contracted activity beyond the immediate reporting period.
Strong Cash GenerationThe sharp improvement in operating and free cash flow demonstrates that Transocean can generate substantial cash from its contracted drilling operations. Positive cash generation provides resources for maintenance, debt management and fleet investment while supporting resilience through industry cycles.
Improved Financial FlexibilityMeaningful liquidity combined with lower debt gives Transocean greater capacity to fund operations and manage obligations across the offshore cycle. This financial flexibility can help the company sustain high-specification fleet activity and pursue opportunities without relying solely on external capital.
Bears Say
Persistent Large Net LossesDeep and recurring net losses show that strong gross margins have not yet translated into sustainable bottom-line profitability. Continued losses can constrain retained capital, reduce the ability to self-fund growth and leave earnings highly exposed to utilization, contract and operating-cost changes.
Sharp TTM Revenue DeclineA steep trailing revenue contraction indicates that contracted work and rig utilization remain uneven across the fleet. Even with new awards, weaker near-term revenue can pressure fixed-cost absorption and make recovery in earnings dependent on successfully converting future backlog into operations.
Cash Flow Below Accounting LossesPositive free cash flow is encouraging, but its level remains insufficient to offset the reported accounting loss. This gap indicates that current cash performance does not yet establish durable profitability, leaving the company dependent on improved operations and contract economics to strengthen underlying returns.
Transocean News
RIG FAQ
What was Transocean LTD’s price range in the past 12 months?
Transocean LTD lowest stock price was $3.03 and its highest was $7.66 in the past 12 months.
What is Transocean LTD’s market cap?
Transocean LTD’s market cap is $6.32B.
When is Transocean LTD’s upcoming earnings report date?
Transocean LTD’s upcoming earnings report date is Nov 04, 2026 which is in 46 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 84%
Sector Average 59%
Sector Average 59%
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 ▲ 2.0%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
63.00%
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
10.49% Public Companies and Individual Investors