RIG
Transocean Ltd. NYSE Listed May 28, 1993$5.31
-4.84%
vs $5.58
Mkt Cap $4.8B
52w Low $2.51
54.4% of range
52w High $7.66
50d MA $6.37
200d MA $5.04
P/E (TTM)
-1.8x
EV/EBITDA
—
P/B
0.6x
Debt/Equity
0.7x
ROE
-35.9%
P/FCF
8.1x
RSI (14)
27.10
ATR (14)
$0.23
Beta
1.38
50d MA
$6.37
200d MA
$5.04
Avg Volume
31.6M
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.
Turmstrasse 30 · Steinhausen, V8 6312 · CH
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 4, 2026 | AMC | 0.07 | -0.03 | -142.9% | 6.88 | -8.1% | -9.2% | -0.2% | -1.1% | +3.7% | +2.3% | — |
| Feb 19, 2026 | AMC | 0.09 | 0.02 | -77.8% | 6.36 | -3.3% | +2.5% | -2.0% | +2.3% | -2.0% | -0.5% | — |
| Oct 29, 2025 | AMC | 0.04 | 0.06 | +50.0% | 3.83 | -1.3% | +2.1% | -1.8% | +3.1% | -1.5% | +0.0% | — |
| Aug 4, 2025 | AMC | -0.01 | -1.06 | -9999.0% | 2.81 | +1.8% | +3.6% | +4.1% | -2.6% | +5.1% | -6.1% | — |
| Apr 28, 2025 | AMC | -0.12 | -0.10 | +16.7% | 2.31 | -0.4% | -4.8% | -3.2% | +9.9% | +1.3% | -3.0% | — |
| Feb 17, 2025 | AMC | 0.01 | -0.09 | -1000.0% | — | — | — | — | — | — | — | — |
| Oct 30, 2024 | AMC | -0.26 | -0.52 | -100.0% | 3.98 | +5.0% | +9.0% | -2.3% | +4.0% | +0.9% | +4.9% | — |
| Jul 31, 2024 | AMC | -0.08 | -0.15 | -87.5% | 5.79 | -0.5% | -5.7% | -4.8% | -3.7% | +0.8% | -0.4% | — |
| Apr 29, 2024 | AMC | -0.13 | -0.03 | +76.9% | 5.82 | +0.0% | -10.3% | +1.0% | +1.9% | +3.7% | +1.8% | — |
| Feb 19, 2024 | AMC | -0.22 | -0.09 | +59.1% | — | — | — | — | — | — | — | — |
| Oct 30, 2023 | AMC | -0.22 | -0.36 | -63.6% | 6.63 | +0.9% | -0.2% | +0.5% | +3.6% | -0.7% | -2.8% | — |
| Jul 31, 2023 | AMC | -0.12 | -0.15 | -25.0% | 8.80 | -1.9% | -4.9% | +0.4% | +1.2% | -0.1% | -4.2% | — |
| May 1, 2023 | AMC | -0.20 | -0.38 | -90.0% | 5.95 | -1.7% | -3.7% | -1.4% | +4.6% | +4.2% | -2.4% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 7 | Barclays | Upgrade | Equal Weight → Overweight | $8 | $6.24 | $6.16 | -1.3% | -1.1% | +3.7% | +2.3% | -0.2% | +1.2% |
| Apr 15 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $6.17 | $6.16 | -0.2% | -0.3% | +3.3% | -6.5% | -0.8% | +2.7% |
| Apr 7 | Susquehanna | Maintains | Positive → Positive | — | $6.59 | $6.61 | +0.3% | +1.4% | +0.3% | -2.1% | -0.6% | +1.8% |
| Feb 23 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $6.52 | $6.57 | +0.8% | -2.0% | +2.3% | -2.0% | -0.5% | +1.6% |
| Feb 23 | Susquehanna | Maintains | Positive → Positive | — | $6.52 | $6.57 | +0.8% | -2.0% | +2.3% | -2.0% | -0.5% | +1.6% |
| Feb 18 | Barclays | Downgrade | Overweight → Equal Weight | — | $6.14 | $6.24 | +1.6% | +1.3% | +2.3% | +2.5% | -2.0% | +2.3% |
| Feb 9 | BTIG | Maintains | Buy → Buy | — | $5.39 | $5.22 | -3.2% | +5.9% | -4.7% | +10.3% | +0.5% | +8.5% |
| Feb 2 | BTIG | Maintains | Buy → Buy | — | $4.97 | $4.83 | -2.8% | -3.0% | +3.3% | +7.2% | -7.5% | +9.1% |
| Jan 7 | Susquehanna | Maintains | Positive → Positive | — | $4.33 | $4.27 | -1.4% | -2.8% | +1.4% | -0.5% | +0.5% | +0.5% |
| Dec 11 | Citigroup | Maintains | Neutral → Neutral | — | $4.30 | $4.25 | -1.2% | -0.5% | -3.5% | -1.2% | -5.9% | +2.9% |
| Dec 10 | JP Morgan | Downgrade | Neutral → Underweight | — | $4.45 | $4.37 | -1.8% | -3.4% | -0.5% | -3.5% | -1.2% | -5.9% |
| Nov 14 | Citigroup | Maintains | Neutral → Neutral | — | $4.01 | $4.01 | +0.0% | +0.0% | +1.7% | +1.2% | -0.7% | -6.3% |
| Nov 5 | Barclays | Maintains | Overweight → Overweight | — | $3.90 | $3.86 | -1.0% | +0.0% | +0.0% | +2.1% | +5.5% | +0.7% |
| Aug 13 | Barclays | Maintains | Overweight → Overweight | — | $2.94 | $2.96 | +0.7% | +2.4% | +0.0% | -2.0% | +0.0% | -3.7% |
| May 16 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $2.66 | $2.67 | +0.4% | -1.9% | -0.8% | -1.5% | -3.5% | -2.0% |
| Apr 14 | Susquehanna | Maintains | Positive → Positive | — | $2.26 | $2.29 | +1.3% | -1.8% | -1.4% | -1.4% | +5.6% | -6.6% |
| Apr 7 | Barclays | Maintains | Overweight → Overweight | — | $2.17 | $2.06 | -5.1% | +9.2% | -7.6% | +10.0% | -10.0% | +4.1% |
| Mar 27 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $3.22 | $3.24 | +0.6% | +2.5% | -3.0% | -0.9% | +4.7% | -4.8% |
| Mar 19 | Citigroup | Maintains | Neutral → Neutral | — | $3.20 | $3.20 | +0.0% | -1.6% | +2.9% | -1.5% | +1.3% | -2.8% |
| Feb 25 | Barclays | Maintains | Overweight → Overweight | — | $3.33 | $3.33 | +0.0% | -4.2% | -3.1% | -1.6% | -3.0% | -9.5% |
| Jan 15 | Evercore ISI | Downgrade | Outperform → In Line | — | $4.07 | $4.06 | -0.2% | +5.2% | -4.2% | -1.0% | -2.5% | -2.3% |
| Jan 8 | TD Cowen | Maintains | Hold → Hold | — | $4.16 | $4.10 | -1.4% | -4.1% | +1.0% | +1.5% | -0.5% | +5.2% |
| Dec 18 | Barclays | Upgrade | Equal Weight → Overweight | — | $3.67 | $3.78 | +3.0% | -1.4% | -1.9% | -0.6% | -1.7% | +1.7% |
| Dec 6 | JP Morgan | Upgrade | Underweight → Neutral | — | $4.17 | $4.19 | +0.5% | -3.6% | +0.0% | -1.0% | +2.8% | -3.7% |
| Nov 1 | Susquehanna | Maintains | Positive → Positive | — | $4.34 | $4.38 | +0.9% | -2.3% | +4.0% | +0.9% | +4.9% | -2.1% |
| Oct 23 | Barclays | Maintains | Equal Weight → Equal Weight | — | $4.25 | $4.18 | -1.6% | -3.3% | -0.2% | +1.0% | -2.7% | -2.7% |
| Oct 15 | Benchmark | Downgrade | Buy → Hold | — | $4.24 | $4.06 | -4.2% | -5.7% | +3.0% | +3.4% | -0.5% | +0.5% |
| Oct 11 | Susquehanna | Maintains | Positive → Positive | — | $4.25 | $4.21 | -0.9% | +1.2% | -1.4% | -5.7% | +3.0% | +3.4% |
| Oct 3 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $4.33 | $4.30 | -0.7% | +5.8% | +2.0% | -2.1% | -5.3% | -0.9% |
| Sep 16 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $4.13 | $4.16 | +0.7% | +7.5% | +5.2% | -2.1% | -0.7% | +0.0% |
| Sep 12 | Citigroup | Downgrade | Buy → Neutral | — | $4.06 | $4.08 | +0.5% | +2.2% | -0.5% | +7.5% | +5.2% | -2.1% |
| Aug 2 | Benchmark | Maintains | Buy → Buy | — | $5.46 | $5.30 | -2.9% | -4.8% | -3.7% | +0.8% | -0.4% | +5.0% |
| Jul 25 | Benchmark | Maintains | Buy → Buy | — | $5.26 | $5.30 | +0.8% | +10.6% | -0.3% | -2.1% | +0.0% | +1.9% |
| May 1 | Evercore ISI | Maintains | Outperform → Outperform | — | $5.22 | $5.17 | -1.0% | +1.0% | +1.9% | +3.7% | +1.8% | +0.9% |
| Apr 30 | Benchmark | Maintains | Buy → Buy | — | $5.82 | $5.82 | +0.0% | -10.3% | +1.0% | +1.9% | +3.7% | +1.8% |
| Apr 15 | BofA Securities | Maintains | Underperform → Underperform | — | $6.18 | $6.17 | -0.2% | -2.1% | -2.3% | -3.9% | -2.3% | +2.2% |
| Apr 8 | Susquehanna | Upgrade | Neutral → Positive | — | $6.53 | $6.77 | +3.7% | +0.3% | -2.6% | +0.8% | -3.3% | -0.6% |
| Mar 11 | Piper Sandler | Maintains | Neutral → Neutral | — | $5.25 | $5.16 | -1.7% | +3.4% | -0.4% | +3.9% | +0.7% | +2.5% |
| Feb 26 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $4.67 | $4.63 | -0.9% | +1.7% | +1.7% | -1.0% | -1.9% | +8.5% |
| Feb 22 | Barclays | Maintains | Equal Weight → Equal Weight | — | $4.86 | $4.86 | +0.0% | -0.8% | -3.1% | +1.7% | +1.7% | -1.0% |
| Feb 21 | Susquehanna | Maintains | Neutral → Neutral | — | $4.67 | $4.69 | +0.4% | +4.1% | -0.8% | -3.1% | +1.7% | +1.7% |
| Feb 21 | Citigroup | Maintains | Buy → Buy | — | $4.67 | $4.69 | +0.4% | +4.1% | -0.8% | -3.1% | +1.7% | +1.7% |
| Nov 1 | Susquehanna | Maintains | Neutral → Neutral | — | $6.62 | $6.65 | +0.5% | +0.5% | +3.6% | -0.7% | -2.8% | -2.3% |
| Oct 17 | Morgan Stanley | Maintains | Equal Weight → Equal Weight | — | $7.51 | $7.50 | -0.1% | +0.9% | -2.6% | +0.1% | -3.1% | -0.8% |
| Sep 15 | Benchmark | Maintains | Buy → Buy | — | $8.66 | $8.67 | +0.1% | -4.0% | -0.1% | -2.8% | +0.4% | -1.9% |
| Sep 12 | Citigroup | Maintains | Buy → Buy | — | $8.12 | $8.24 | +1.5% | +7.0% | -4.8% | +4.7% | -4.0% | -0.1% |
| Aug 14 | Piper Sandler | Maintains | Neutral → Neutral | — | $8.60 | $8.54 | -0.7% | -2.9% | -2.4% | +0.0% | -1.2% | +2.1% |
| Aug 7 | Barclays | Maintains | Equal Weight → Equal Weight | — | $8.49 | $8.44 | -0.6% | -4.2% | +1.7% | +1.3% | +0.7% | +1.9% |
| Aug 2 | Benchmark | Maintains | Buy → Buy | — | $8.37 | $8.23 | -1.7% | +0.4% | +1.2% | -0.1% | -4.2% | +1.7% |
| Aug 2 | Susquehanna | Maintains | Neutral → Neutral | — | $8.37 | $8.23 | -1.7% | +0.4% | +1.2% | -0.1% | -4.2% | +1.7% |
No insider trades available.
8-K · 7.01
! Medium
Transocean Ltd. -- 8-K 7.01: Regulation FD Disclosure
Jun 16
8-K · 3.02
!! High
Transocean Ltd. -- 8-K 3.02: Unregistered Securities Offering
May 26
8-K · 8.01
!! High
Transocean Ltd. -- 8-K 8.01: Material Event / Announcement
Transocean agreed to acquire Valaris in a stock-for-stock business combination, consolidating two major offshore drilling contractors into a single, more competitive entity.
May 5
8-K · 2.02
!! High
Transocean Ltd. -- 8-K 2.02: Earnings Results
Transocean reported Q1 2026 earnings results, with the full financial details and analysis available in the company's May 4 press release filed as an exhibit.
May 4
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
Transocean secured a $158 million deepwater contract, demonstrating continued demand for its premium drilling assets and providing near-term revenue visibility that should support RIG's cash flow and debt reduction efforts.
Apr 16
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
Transocean secured a valuable 1,156-day contract extension with Petrobras for the Deepwater Corcovado drillship, providing revenue visibility and supporting RIG's cash flow recovery in the cyclical offshore drilling market.
Apr 14
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
Transocean faces a revenue gap of ~$10M before its June 2027 contract kicks in, but retiring high-interest debt improves long-term cash flow and reduces refinancing risk, supporting stock stability.
Apr 2
8-K · 7.01
! Medium
Transocean LTD. -- 8-K 7.01: Regulation FD Disclosure
Transocean disclosed its 2025 statutory financial statements via Form 8-K, providing investors with updated balance sheet and operational performance data as of year-end 2025.
Feb 23
8-K · 7.01
! Medium
Transocean LTD. -- 8-K 7.01: Regulation FD Disclosure
Transocean disclosed supplementary materials on Form 8-K, potentially signaling earnings updates or operational changes; investors should review Exhibit 99.2 for material information affecting RIG valuation.
Feb 20
8-K · 7.01
! Medium
Transocean LTD. -- 8-K 7.01: Regulation FD Disclosure
Transocean secured approximately $184 million in firm contracts for two harsh environment semisubmersibles operating in Norway, strengthening its backlog and revenue visibility.
Feb 11
8-K · 1.01
!! High
Transocean LTD. -- 8-K 1.01: Material Agreement
Transocean has agreed to a business combination deal with Valor Equity Partners, consolidating offshore drilling assets and creating a combined entity to strengthen competitive positioning in the energy sector.
Feb 10
8-K · 8.01
!! High
Transocean LTD. -- 8-K 8.01: Material Event / Announcement
Transocean and Valaris announced a business combination agreement, merging two major offshore drilling contractors to create a more competitive player in the industry.
Feb 9
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Portfolio Management Llc | 46,862,730 | $311M | New | Mar 2026 |
| 2 | Two Sigma Investments, Lp | 46,463,736 | $308M | Added | Mar 2026 |
| 3 | Vanguard Capital Management Llc | 44,272,423 | $294M | New | Mar 2026 |
| 4 | D.e. Shaw & Co | 39,262,599 | $260M | Added | Mar 2026 |
| 5 | Morgan Stanley | 49,580,650 | $205M | Added | Dec 2025 |
| 6 | Capital World Investors | 29,575,479 | $196M | Added | Mar 2026 |
| 7 | Pabrai Investments | 20,392,672 | $135M | Reduced | Mar 2026 |
| 8 | Marshall Wace, Llp | 16,043,764 | $106M | Added | Mar 2026 |
| 9 | Elliott Investment Management | 15,626,834 | $104M | New | Mar 2026 |
| 10 | Keybank National Association/oh | 12,656,881 | $84M | Added | Mar 2026 |
| 11 | Bank Of America Corp /de/ | 8,602,323 | $57M | Added | Mar 2026 |
| 12 | Northern Trust Corp | 8,142,544 | $54M | Added | Mar 2026 |
| 13 | Susquehanna International Group, Llp | 6,231,346 | $41M | Reduced | Mar 2026 |
| 14 | Ubs Group Ag | 6,053,283 | $40M | Added | Mar 2026 |
| 15 | Bank Of New York Mellon Corp | 5,698,827 | $38M | Added | Mar 2026 |
| 16 | Point72 Asset Management | 5,406,425 | $36M | Added | Mar 2026 |
| 17 | Tudor Investment Corp | 5,278,418 | $35M | New | Mar 2026 |
| 18 | Cibc World Market Inc. | 5,203,488 | $34M | Reduced | Mar 2026 |
| 19 | Millennium Management | 4,691,515 | $31M | Reduced | Mar 2026 |
| 20 | Jpmorgan Chase & Co | 4,486,744 | $30M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$4.80B
Enterprise Value
$9.31B
P/E (TTM)
-1.75x
Forward P/E
25.17x
PEG Ratio
-0.00x
P/B
0.63x
P/S
1.29x
P/FCF
8.14x
EV/EBITDA
—
Shares Out
960.0M
Financials (TTM)
Revenue
$3.96B
Net Income
-$2.92B
EBITDA
-$1.73B
Free Cash Flow
$626.0M
Op Cash Flow
$749.0M
EPS Basic
$-3.04
EPS Diluted
$-3.04
EPS Forward
$0.21
Gross Margin
22.7%
Op Margin
17.8%
Net Margin
-73.5%
Balance Sheet
Total Assets
$15.64B
Total Liab.
$7.53B
Total Equity
$8.11B
Cash
$997.0M
LT Debt
$5.21B
Book Value/Sh
$8.45
Debt/Equity
0.70x
Current Ratio
1.56
Quick Ratio
1.27
Returns & Growth
ROE
-35.9%
ROA
-18.6%
ROIC
4.7%
Rev Growth YoY
+12.5%
EPS Growth YoY
-406.7%
Price Returns
2W
-10.4%
1M
-9.2%
3M
-4.5%
6M
+40.4%
12M
+148.6%
Technicals
52W High
$7.66
52W Low
$2.51
50d MA
$6.37
200d MA
$5.04
RSI (14)
27.10
ATR (14)
$0.23
Beta
1.38
Avg Volume
31.6M
Dividends
Div Rate
$0.00
Div Yield
—
Frequency
4
Ex-Div Date
Aug 21, 2015
Analyst Price Targets
Consensus
$6.63
High
$7.50
Low
$6.00
Median
$6.50
Data updated apr 26, 2026 10:48pm
· Source: financialmodelingprep.com