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RIG

Transocean NYSE:RIG Stock Report

Last Price

US$6.66

Market Cap

US$4.8b

7D

10.8%

1Y

104.3%

Updated

27 Jan, 2023

Data

Company Financials +

RIG Stock Overview

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide.

RIG fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends0/6

My Notes

New

Notes are coming soon

Transocean Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Transocean
Historical stock prices
Current Share PriceUS$6.66
52 Week HighUS$6.69
52 Week LowUS$2.32
Beta2.84
1 Month Change46.37%
3 Month Change83.98%
1 Year Change104.29%
3 Year Change46.05%
5 Year Change-35.47%
Change since IPO-57.88%

Recent News & Updates

Transocean: The Cold Stacked Rigs May Be The Next Question

Jan 24

Transocean unit commences $1.75B senior secured notes offering

Jan 17

Recent updates

Transocean (NYSE:RIG) Has A Somewhat Strained Balance Sheet

Dec 01
Transocean (NYSE:RIG) Has A Somewhat Strained Balance Sheet

Is Transocean (NYSE:RIG) Using Debt In A Risky Way?

Jul 18
Is Transocean (NYSE:RIG) Using Debt In A Risky Way?

Is Transocean (NYSE:RIG) Using Too Much Debt?

Mar 23
Is Transocean (NYSE:RIG) Using Too Much Debt?

Transocean (NYSE:RIG) Is Posting Solid Earnings, But It Is Not All Good News

Aug 10
Transocean (NYSE:RIG) Is Posting Solid Earnings, But It Is Not All Good News

Here's Why Transocean (NYSE:RIG) Has A Meaningful Debt Burden

May 06
Here's Why Transocean (NYSE:RIG) Has A Meaningful Debt Burden

Is Transocean Ltd.'s (NYSE:RIG) Shareholder Ownership Skewed Towards Insiders?

Mar 15
Is Transocean Ltd.'s (NYSE:RIG) Shareholder Ownership Skewed Towards Insiders?

Transocean Ltd. (NYSE:RIG) Insiders Increased Their Holdings

Feb 08
Transocean Ltd. (NYSE:RIG) Insiders Increased Their Holdings

These 4 Measures Indicate That Transocean (NYSE:RIG) Is Using Debt In A Risky Way

Jan 12
These 4 Measures Indicate That Transocean (NYSE:RIG) Is Using Debt In A Risky Way

Transocean (NYSE:RIG) Share Prices Have Dropped 82% In The Last Five Years

Dec 17
Transocean (NYSE:RIG) Share Prices Have Dropped 82% In The Last Five Years

Shareholder Returns

RIGUS Energy ServicesUS Market
7D10.8%1.8%2.3%
1Y104.3%39.7%-9.7%

Return vs Industry: RIG exceeded the US Energy Services industry which returned 39.7% over the past year.

Return vs Market: RIG exceeded the US Market which returned -9.7% over the past year.

Price Volatility

Is RIG's price volatile compared to industry and market?
RIG volatility
RIG Average Weekly Movement9.8%
Energy Services Industry Average Movement7.2%
Market Average Movement6.9%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market2.9%

Stable Share Price: RIG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: RIG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19265,000Jeremy Thigpenhttps://www.deepwater.com

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.

Transocean Ltd. Fundamentals Summary

How do Transocean's earnings and revenue compare to its market cap?
RIG fundamental statistics
Market CapUS$4.81b
Earnings (TTM)-US$531.00m
Revenue (TTM)US$2.59b

1.9x

P/S Ratio

-9.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RIG income statement (TTM)
RevenueUS$2.59b
Cost of RevenueUS$1.67b
Gross ProfitUS$916.00m
Other ExpensesUS$1.45b
Earnings-US$531.00m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 21, 2023

Earnings per share (EPS)-0.74
Gross Margin35.37%
Net Profit Margin-20.50%
Debt/Equity Ratio64.1%

How did RIG perform over the long term?

See historical performance and comparison