Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. More Details
Mediocre balance sheet and overvalued.
Share Price & News
How has Transocean's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: RIG's share price has been volatile over the past 3 months.
7 Day Return
US Energy Services
1 Year Return
US Energy Services
Return vs Industry: RIG underperformed the US Energy Services industry which returned -54.4% over the past year.
Return vs Market: RIG underperformed the US Market which returned 13.8% over the past year.
Price Volatility Vs. Market
How volatile is Transocean's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StCould The Transocean Ltd. (NYSE:RIG) Ownership Structure Tell Us Something Useful?
1 month ago | Simply Wall StWhat Does Transocean's (NYSE:RIG) CEO Pay Reveal?
1 month ago | Simply Wall StHow Should Investors React To Transocean's (NYSE:RIG) CEO Pay?
Is Transocean undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RIG's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RIG's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RIG is unprofitable, so we can't compare its PE Ratio to the US Energy Services industry average.
PE vs Market: RIG is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate RIG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: RIG is good value based on its PB Ratio (0x) compared to the US Energy Services industry average (0.5x).
How is Transocean forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RIG is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: RIG is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: RIG is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: RIG's revenue is expected to decline over the next 3 years (-8.1% per year).
High Growth Revenue: RIG's revenue is forecast to decline over the next 3 years (-8.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RIG is forecast to be unprofitable in 3 years.
How has Transocean performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: RIG is currently unprofitable.
Growing Profit Margin: RIG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: RIG is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare RIG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: RIG is unprofitable, making it difficult to compare its past year earnings growth to the Energy Services industry (-59.5%).
Return on Equity
High ROE: RIG has a negative Return on Equity (-16.09%), as it is currently unprofitable.
How is Transocean's financial position?
Financial Position Analysis
Short Term Liabilities: RIG's short term assets ($3.3B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: RIG's short term assets ($3.3B) do not cover its long term liabilities ($10.3B).
Debt to Equity History and Analysis
Debt Level: RIG's debt to equity ratio (76.9%) is considered high.
Reducing Debt: RIG's debt to equity ratio has increased from 68.6% to 76.9% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: RIG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: RIG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 17.1% each year
What is Transocean current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RIG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RIG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if RIG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RIG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: RIG is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of RIG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeremy Thigpen (45 yo)
Mr. Jeremy D. Thigpen has been the Chief Executive Officer and President of Transocean Ltd. since April 22, 2015. Prior to joining Transocean, Mr. Thigpen served as the Chief Financial Officer and Senior V ...
CEO Compensation Analysis
Compensation vs Market: Jeremy's total compensation ($USD9.94M) is above average for companies of similar size in the US market ($USD2.02M).
Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.
|Executive VP & CFO||5.33yrs||US$4.50m||0.064% |
|Executive VP & Chief Operations Officer||2.25yrs||US$3.36m||0.027% |
|Executive VP||5.08yrs||US$3.37m||0.031% |
|Executive VP & General Counsel||4.83yrs||US$3.22m||0.032% |
|Senior VP & Chief Accounting Officer||3.42yrs||US$1.87m||0.021% |
|VP of Corporate Finance & Treasurer||5.08yrs||no data||no data|
|Senior Vice President of Marketing||3.5yrs||no data||no data|
|Vice President of Human Resources||2.67yrs||no data||no data|
|VP & Chief Audit Executive||2.08yrs||no data||no data|
Experienced Management: RIG's management team is considered experienced (4.2 years average tenure).
|Independent Director||12.83yrs||US$309.79k||0.0010% |
|Independent Director||7.33yrs||US$305.93k||0% |
|Independent Chairman of the Board||1.33yrs||US$556.85k||0.0094% |
|Independent Director||8.33yrs||US$299.79k||0.0057% |
|Independent Director||6.33yrs||US$309.79k||0.0015% |
|Independent Director||8.33yrs||US$334.79k||0.0011% |
|Independent Director||0.33yr||no data||no data|
|Independent Director||2.67yrs||US$299.79k||5.11% |
|Independent Director||9.33yrs||US$319.79k||0% |
|Independent Director||7.33yrs||US$299.79k||0% |
Experienced Board: RIG's board of directors are considered experienced (7.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.9%.
Transocean Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Transocean Ltd.
- Ticker: RIG
- Exchange: NYSE
- Industry: Oil and Gas Drilling
- Sector: Energy
- Market Cap: US$567.168m
- Shares outstanding: 647.75m
- Website: https://www.deepwater.com
Number of Employees
- Transocean Ltd.
- Turmstrasse 30
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RIG||NYSE (New York Stock Exchange)||Yes||Registered Shares||US||USD||May 1993|
|RIGN||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||May 1993|
|RIG N||BMV (Bolsa Mexicana de Valores)||Yes||Registered Shares||MX||MXN||May 1993|
|TOJ||DB (Deutsche Boerse AG)||Yes||Registered Shares||DE||EUR||May 1993|
|0QOW||LSE (London Stock Exchange)||Yes||Registered Shares||GB||USD||May 1993|
|4826551||SWX (SIX Swiss Exchange)||Yes||Registered Shares||CH||CHF||May 1993|
|RIGG34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EA REPR 1 COM SHS CHF0.10||BR||BRL||Aug 2016|
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/29 00:25|
|End of Day Share Price||2020/09/28 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.