Transocean/RIG

$6.18

-0.32%
-
1D1W1MYTD1YMAX

About Transocean

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The Company'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 Company's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.

Ticker

RIG

Sector

Energy

Trading on

NYSE

Industry

Oil Well Services & Equipment

CEO

Jeremy Thigpen

Employees

5,800

Headquarters

Steinhausen, Switzerland

Transocean Metrics

BasicAdvanced
$5.12B
Market cap
-
P/E ratio
-$1.27
EPS
2.80
Beta
-
Dividend rate
$5.12B
2.80306
$8.88
$4.45
18.15M
1.522
1.217
67.624
71.176
-0.13%
-4.69%
-9%
-5.06%
1.807
0.48
0.492
9.98%
-43.66%
-3.51%

What the Analysts think about Transocean

Analyst Ratings

Majority rating from 16 analysts.
Hold

Price Targets

Average projection from 14 analysts.
18.45% upside
High $12.00
Low $5.00
$6.18
Current price
$7.32
Average price target

Transocean Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-14.03% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$741M
3.93%
Net income
$-104M
-52.73%
Profit margin
-14.03%
-54.52%

Transocean Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 61.64%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
-$0.38
-$0.15
-$0.36
-$0.09
-
Expected
-$0.21
-$0.14
-$0.23
-$0.23
-$0.14
Surprise
78.94%
7.27%
57.85%
-61.64%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Transocean stock?

Transocean (RIG) has a market cap of $5.12B as of April 14, 2024.

What is the P/E ratio for Transocean stock?

The price to earnings (P/E) ratio for Transocean (RIG) stock is 0 as of April 14, 2024.

Does Transocean stock pay dividends?

No, Transocean (RIG) stock does not pay dividends to its shareholders as of April 14, 2024.

When is the next Transocean dividend payment date?

Transocean (RIG) stock does not pay dividends to its shareholders.

What is the beta indicator for Transocean?

Transocean (RIG) has a beta rating of 2.8. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Transocean stock price target?

The target price for Transocean (RIG) stock is $7.32, which is 18.45% above the current price of $6.18. This is an average based on projections from 14 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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