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            <div class="font-weight-medium c-gray-8 m-0 py-1 d-inline-block mt-2 mt-md-0">NYSE:RIG</div>
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        <h1 class="mt-0 mb-md-3"> Transocean (RIG) Stock Price, News &amp; Analysis </h1>
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                  <div class="price"><strong>$3.53</strong> <span style="color:#11824D"> +0.06&nbsp;(+1.73%)</span>
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          <h2 class="section-h mb-4">About Transocean Stock (NYSE:RIG)</h2>
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              </div>
              <h2 id="keyStats" class="section-h">Key Stats</h2>
              <dl class="row mb-4">
                <div class="col-md-6 col-lg-12 col-xxl-6">
                  <div class="price-data w-range">
                    <dt class="range-label">Today's Range</dt>
                    <dd class="range-meter">$3.40<div class="range"><span class="range-marker" style="left:81%"><span class="range-arrow">▼</span></span></div>$3.56</dd>
                  </div>
                  <div class="price-data w-range">
                    <dt class="range-label">50-Day Range</dt>
                    <dd class="range-meter">$3.47<div class="range"><span class="range-marker" style="left:5%"><span class="range-arrow">▼</span></span></div>$4.67</dd>
                  </div>
                  <div class="price-data w-range">
                    <dt class="range-label">52-Week Range</dt>
                    <dd class="range-meter">$3.40<div class="range"><span class="range-marker" style="left:4%"><span class="range-arrow">▼</span></span></div>$6.88</dd>
                  </div>
                  <div class="price-data">
                    <dt>Volume</dt>
                    <dd><strong>13.41 million shs</strong></dd>
                  </div>
                  <div class="price-data">
                    <dt>Average Volume</dt>
                    <dd><strong>18.73 million shs</strong></dd>
                  </div>
                </div>
                <div class="col-md-6 col-lg-12 col-xxl-6">
                  <div class="price-data">
                    <dt>Market Capitalization</dt>
                    <dd><strong>$3.09 billion</strong></dd>
                  </div>
                  <div class="price-data">
                    <dt>P/E Ratio</dt>
                    <dd><strong>N/A</strong></dd>
                  </div>
                  <div class="price-data">
                    <dt>Dividend Yield</dt>
                    <dd><strong>N/A</strong></dd>
                    <dd></dd>
                  </div>
                  <div class="price-data">
                    <dt>Price Target</dt>
                    <dd><strong>$6.25</strong></dd>
                  </div>
                  <div class="price-data">
                    <dt>Consensus Rating</dt>
                    <dd><strong>Hold</strong></dd>
                  </div>
                </div>
              </dl>
            </div>
            <div class="order-lg-1 col-lg-6 col-xl-5 pr-lg-5 mb-4">
              <h3 class="mt-0">Company Overview</h3>
              <div class="lh-medium mb-3">
                <div class="read-more-section clickable fade-bottom">
                  <p>Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas
                    wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy
                    companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.</p>
                </div>
                <div class="c-blue read-more-button">Read More…</div>
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                  <h2>Transocean Stock Analysis - MarketRank™</h2><a class="pt-2 upper-link" href="/stocks/top-marketrank/" title="Top MarketRank™ Stocks">See Top Rated MarketRank™ Stocks</a>
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                        <div class="bold text-center font-9 mb-3 mb-sm-0 mb-lg-3 mb-xl-0">83rd Percentile Overall Score</div>
                      </div>
                      <div class="col-sm-8 col-lg-12 col-xl-8 font-9">
                        <h3 class="h6 m-0">RIG MarketRank™:&nbsp; <div style="display: inline-block;font-size: .8em;padding: 5px 0 5px;line-height:1em;vertical-align: bottom;"><span title="83rd Percentile"><span
                                class="fa-solid fa-star c-gold align-top" aria-hidden="true"></span><span class="fa-solid fa-star c-gold align-top" aria-hidden="true"></span><span class="fa-solid fa-star c-gold align-top"
                                aria-hidden="true"></span><span class="fa-solid fa-star c-gold align-top" aria-hidden="true"></span><span style="position:relative;display:inline-block;vertical-align:top;width:1.15em;"><span style="width:0.15em"
                                  class="fa-solid fa-star c-gold first-half-icon align-top" aria-hidden="true"></span><span class="fa-solid fa-star second-half-icon c-gray-3 align-top" aria-hidden="true"></span></span><span></span></span></div>
                        </h3>
                        <p class="mb-2">Transocean scored <b>higher than 83% of companies</b> evaluated by MarketBeat, and ranked 74th out of 274 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with
                          extra weight given to analysis and valuation.</p>
                      </div>
                    </div>
                  </div>
                  <div class="faq-accordion-list mb-3 w-100 border rounded" id="marketRankAccordion">
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                      <dt>
                        <div id="questionAnalystsOpinion" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperAnalystsOpinion" aria-expanded="false"
                            aria-controls="answer-wrapperAnalystsOpinion"><span class="mr-title">Analyst's Opinion</span><span style="background-image:linear-gradient(to right, var(--green), var(--green) 83%, var(--gray-3) 83%, var(--gray-3))"
                              class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">4.2 / 5</span><span class="mr-stat-label c-gray-10">Analyst Rating</span><span class="mr-stat c-green">Hold</span><span
                              class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
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                            <div id="answerAnalystsOpinion">
                              <ul>
                                <li>
                                  <h4>Consensus Rating</h4>
                                  <p>Transocean has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.</p>
                                </li>
                                <li>
                                  <h4>Amount of Analyst Coverage</h4>
                                  <p>Transocean has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.</p>
                                </li>
                                <li><a class="no-underline" href="/stocks/NYSE/RIG/forecast/">Read more about Transocean's stock forecast and price target.</a></li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
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                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionEarningsandValuation" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperEarningsandValuation" aria-expanded="false"
                            aria-controls="answer-wrapperEarningsandValuation"><span class="mr-title">Earnings and Valuation</span><span style="background-image:linear-gradient(to right, var(--red), var(--red) 25%, var(--gray-3) 25%, var(--gray-3))"
                              class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">1.3 / 5</span><span class="mr-stat-label c-gray-10">Proj. Earnings Growth</span><span class="mr-stat c-gray">Growing</span><span
                              class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperEarningsandValuation" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerEarningsandValuation">
                              <ul>
                                <li>
                                  <h4>Earnings Growth</h4>
                                  <p>Earnings for Transocean are expected to grow in the coming year, from ($0.15) to $0.19 per share.</p>
                                </li>
                                <li>
                                  <h4>Price to Earnings Ratio vs. the Market</h4>
                                  <p>The P/E ratio of Transocean is -4.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.</p>
                                </li>
                                <li>
                                  <h4>Price to Earnings Ratio vs. Sector</h4>
                                  <p>The P/E ratio of Transocean is -4.71, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.</p>
                                </li>
                                <li>
                                  <h4>Price to Book Value per Share Ratio</h4>
                                  <p>Transocean has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.</p>
                                </li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionShortInterest" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperShortInterest" aria-expanded="false"
                            aria-controls="answer-wrapperShortInterest"><span class="mr-title">Short Interest</span><span style="background-image:linear-gradient(to right, var(--orange), var(--orange) 40%, var(--gray-3) 40%, var(--gray-3))"
                              class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">2.0 / 5</span><span class="mr-stat-label c-gray-10">Short Interest Level</span><span class="mr-stat c-red">Bearish</span><span
                              class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperShortInterest" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerShortInterest">
                              <ul>
                                <li>
                                  <h4>Percentage of Shares Shorted</h4>16.57% of the outstanding shares of Transocean have been sold short.
                                </li>
                                <li>
                                  <h4>Short Interest Ratio / Days to Cover</h4>Transocean has a short interest ratio ("days to cover") of 7.3.
                                </li>
                                <li>
                                  <h4>Change versus previous month</h4>Short interest in Transocean has recently decreased by 1.61%, indicating that investor sentiment is improving.
                                </li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionDividend" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperDividend" aria-expanded="false" aria-controls="answer-wrapperDividend"><span
                              class="mr-title">Dividend</span><span style="background-image:linear-gradient(to right, var(--red), var(--red) 0%, var(--gray-3) 0%, var(--gray-3))" class="mr-range d-inline-block bg-gray-3"></span><span
                              class="mr-score">0.0 / 5</span><span class="mr-stat-label c-gray-10">Dividend Strength</span><span class="mr-stat c-red">Weak</span><span class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute"
                              aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperDividend" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerDividend">
                              <ul>
                                <li>
                                  <h4>Dividend Yield</h4>
                                  <p>Transocean does not currently pay a dividend.</p>
                                </li>
                                <li>
                                  <h4>Dividend Growth</h4>
                                  <p>Transocean does not have a long track record of dividend growth.</p>
                                </li>
                                <li>
                                  <h4>Dividend Sustainability</h4>
                                  <p>Based on EPS estimates, Transocean will have a dividend payout ratio of 315.79% in the coming year. This indicates that Transocean may not be able to sustain their current dividend.</p>
                                </li>
                                <li><a class="no-underline" href="/stocks/NYSE/RIG/dividend/">Read more about Transocean's dividend.</a></li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionSustainabilityandESG" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperSustainabilityandESG" aria-expanded="false"
                            aria-controls="answer-wrapperSustainabilityandESG"><span class="mr-title">Sustainability and ESG</span><span style="background-image:linear-gradient(to right, var(--red), var(--red) 0%, var(--gray-3) 0%, var(--gray-3))"
                              class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">0.0 / 5</span><span class="mr-stat-label c-gray-10">Environmental Score</span><span class="mr-stat c-red">-7.91</span><span
                              class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperSustainabilityandESG" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerSustainabilityandESG">
                              <ul>
                                <li>
                                  <h4>Percentage of Shares Shorted</h4>16.57% of the outstanding shares of Transocean have been sold short.
                                </li>
                                <li>
                                  <h4>Short Interest Ratio / Days to Cover</h4>Transocean has a short interest ratio ("days to cover") of 7.3.
                                </li>
                                <li>
                                  <h4>Change versus previous month</h4>Short interest in Transocean has recently decreased by 1.61%, indicating that investor sentiment is improving.
                                </li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionNewsandSocialMedia" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperNewsandSocialMedia" aria-expanded="false"
                            aria-controls="answer-wrapperNewsandSocialMedia"><span class="mr-title">News and Social Media</span><span
                              style="background-image:linear-gradient(to right, var(--yellow), var(--yellow) 47%, var(--gray-3) 47%, var(--gray-3))" class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">2.4 / 5</span><span
                              class="mr-stat-label c-gray-10">News Sentiment</span><span class="mr-stat c-green">0.26<img class="media-mentions-image ml-1 ml-md-3" loading="lazy" decoding="async" width="80" height="20"
                                src="https://www.marketbeat.com/scripts/MediaMentionsMiniChart.ashx?Prefix=NYSE&amp;Symbol=RIG&amp;v=2" alt="mentions of Transocean in the last 14 days"
                                title="Media mentions of Transocean in the last 14 days"></span><span class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperNewsandSocialMedia" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerNewsandSocialMedia">
                              <ul>
                                <li>
                                  <h4>News Sentiment</h4>Transocean has a news sentiment score of 0.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2
                                  (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Oils/Energy companies.
                                </li>
                                <li>
                                  <h4>News Coverage This Week</h4>MarketBeat has tracked 25 news articles for Transocean this week, compared to 7 articles on an average week.
                                </li>
                                <li>
                                  <h4>Search Interest</h4>Only 41 people have searched for RIG on MarketBeat in the last 30 days. This is a decrease of -16% compared to the previous 30 days.
                                </li>
                                <li>
                                  <h4>MarketBeat Follows</h4>77 people have added Transocean to their MarketBeat watchlist in the last 30 days. This is an increase of 328% compared to the previous 30 days.
                                </li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                    <div class="faq-item-wrapper">
                      <dt>
                        <div id="questionCompanyOwnership" class="expand-question m-0 position-relative"><button type="button" data-toggle="collapse" data-target="#answer-wrapperCompanyOwnership" aria-expanded="false"
                            aria-controls="answer-wrapperCompanyOwnership"><span class="mr-title">Company Ownership</span><span style="background-image:linear-gradient(to right, var(--green), var(--green) 67%, var(--gray-3) 67%, var(--gray-3))"
                              class="mr-range d-inline-block bg-gray-3"></span><span class="mr-score">3.3 / 5</span><span class="mr-stat-label c-gray-10">Insider Trading</span><span class="mr-stat c-red">Selling Shares</span><span
                              class="mr-accordion-icon c-dark-gray fa-regular fa-angle-down position-absolute" aria-hidden="true"></span></button></div>
                      </dt>
                      <dd id="answer-wrapperCompanyOwnership" data-parent="#marketRankAccordion" class="collapse mx-2" style="border-top: solid 1px var(--gray-2);">
                        <div>
                          <div class="px-2">
                            <div id="answerCompanyOwnership">
                              <ul>
                                <li>
                                  <h4>Insider Buying vs. Insider Selling</h4>
                                  <p>In the past three months, Transocean insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $85,800.00 in company stock.</p>
                                </li>
                                <li>
                                  <h4>Percentage Held by Insiders</h4>
                                  <p>12.54% of the stock of Transocean is held by insiders. A high percentage of insider ownership can be a sign of company health.</p>
                                </li>
                                <li>
                                  <h4>Percentage Held by Institutions</h4>
                                  <p>67.73% of the stock of Transocean is held by institutions. High institutional ownership can be a signal of strong market trust in this company.</p>
                                </li>
                                <li><a class="no-underline" href="/stocks/NYSE/RIG/insider-trades/">Read more about Transocean's insider trading history.</a></li>
                              </ul>
                            </div>
                          </div>
                        </div>
                      </dd>
                    </div>
                  </div>
                </div>
              </div>
              <h2 class="section-h">RIG Stock News Headlines</h2>
              <div class="headline-row">
                <div class="headline-image-div"><img src="https://www.marketbeat.com/logos/articles/thumb_20241217162838_rebalancing-in-2025-here-are-3-stocks-to-buy-under.png" alt="Rebalancing - price vs value" decoding="async" loading="lazy"
                    height="488" width="1200" style="margin:0 auto;"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" href="https://www.marketbeat.com/stock-ideas/rebalancing-in-2025-here-are-3-stocks-to-buy-under-10/">Rebalancing in 2025: Here Are 3  Stocks to Buy Under $10</a>
                  <div class="font-8 mb-2">If you're looking to rebalance your portfolio in 2025, here are three stocks trading for under $10 per share to consider buying</div>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 19, 2024&nbsp;|&nbsp;marketbeat.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="https://www.marketbeat.com/logos/articles/thumb_20241218092147_why-now-is-the-ultimate-time-to-invest-in-oil-stoc.jpg"
                    alt="Oil and gas pump jacks working on a snow covered field at sunset in Rocky View County Alberta Canada." decoding="async" loading="lazy" height="800" width="1200" style="margin:0 auto;"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" href="https://www.marketbeat.com/stock-ideas/why-now-is-the-ultimate-time-to-invest-in-oil-stocks/">Why Now Is the Ultimate Time to Invest in Oil Stocks</a>
                  <div class="font-8 mb-2">As value stocks underperform growth stocks the most over a multi-year period, oil stocks might become a potential buy in the coming months.</div>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 18, 2024&nbsp;|&nbsp;marketbeat.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="https://image.exct.tradesmith.com/lib/fe8213727c6200757c/m/1/69befeb0-b017-4aeb-9afc-9f467c166e1f.png" alt="" loading="lazy" decoding="async" width="92" height="0"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" rel="nofollow noopener" target="_blank" href="https://www.marketbeat.com/scripts/redirect.aspx?TriggeredCampaignID=11076&amp;UserID=11404962&amp;Placement=NativeDisplay&amp;Source=NativeDisplay&amp;interstitial=1&amp;noskip=1">Wall St. Icon: “If you wait on this, it will already be too late”</a>
                  <div class="font-8 mb-2">If you have a significant amount of money in the stock market right now — or if you're sitting on the sidelines waiting to make a move — you DO NOT want to miss my latest research.<img loading="lazy"
                      src="https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx?TriggeredCampaignID=11076&amp;Placement=NativeDisplay&amp;Source=NativeDisplay" alt="" height="1" width="1"></div>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 24, 2024&nbsp;|&nbsp;InvestorPlace (Ad)</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="https://www.marketbeat.com/logos/articles/thumb_20241211161328_where-to-invest-in-2025-top-stock-picks-for-maximu.jpg"
                    alt="Text sign showing Where To Invest Question. Business photo text asking about where put money into financial schemes or shares Scribbled and crumbling papers with thick cardboard above wooden table - stock image"
                    decoding="async" loading="lazy" height="802" width="1200" style="margin:0 auto;"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" href="https://www.marketbeat.com/stock-ideas/where-to-invest-in-2025-top-stock-picks-for-maximum-gains/">Where to Invest in 2025: Top Stock Picks for Maximum Gains (RIG)</a>
                  <div class="font-8 mb-2">As the end of the year approaches, investors might have some idle cash ready to be put to work as soon as 2025 is here. Three industries come forward as buys</div>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 13, 2024&nbsp;|&nbsp;marketbeat.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="https://www.marketbeat.com/logos/articles/thumb_20241209151952_why-betting-on-oil-over-gold-could-pay-off-big-in.png" alt="Oil vs. gold investing" decoding="async" loading="lazy" height="488"
                    width="1200" style="margin:0 auto;"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" href="https://www.marketbeat.com/stock-ideas/why-betting-on-oil-over-gold-could-pay-off-big-in-2025/">Why Betting on Oil Over Gold Could Pay Off Big in 2025 (RIG)</a>
                  <div class="font-8 mb-2">While most of the commodity price action has been headed to gold, some views suggest oil might be the better buy today. Analysts and institutions agree</div>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 11, 2024&nbsp;|&nbsp;marketbeat.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="/images/news-sites/abmn.png" alt="" loading="lazy" decoding="async" width="50" height="50" class="icon-image"></div>
                <div class="headline-description-div"><a class="c-black stretched-link d-block mb-1" rel="nofollow noopener" target="_blank" href="https://www.americanbankingnews.com/?p=29906683">Transocean (NYSE:RIG) Upgraded at Barclays</a>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 21 <span style="text-transform:none">at</span> 3:47 AM&nbsp;|&nbsp;americanbankingnews.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="/images/news-sites/abmn.png" alt="" loading="lazy" decoding="async" width="50" height="50" class="icon-image"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" rel="nofollow noopener" target="_blank" href="https://www.americanbankingnews.com/?p=29904358">Zacks Research Forecasts Transocean's Q2 Earnings (NYSE:RIG)</a>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 20, 2024&nbsp;|&nbsp;americanbankingnews.com</div>
                </div>
              </div>
              <div class="headline-row">
                <div class="headline-image-div"><img src="/images/news-sites/abmn.png" alt="" loading="lazy" decoding="async" width="50" height="50" class="icon-image"></div>
                <div class="headline-description-div">
                  <a class="c-black stretched-link d-block mb-1" rel="nofollow noopener" target="_blank" href="https://www.americanbankingnews.com/?p=29904351">Equities Analysts Issue Forecasts for Transocean Q1 Earnings</a>
                  <div class="byline mb-1" style="font-size: .7rem;color:#757575;">December 20, 2024&nbsp;|&nbsp;americanbankingnews.com</div>
                </div>
              </div><a href="news/" class="mt-2 mb-5 btn btn-secondary">See More Headlines <span class="fa-regular fa-angle-right ml-3"></span></a>
              <div class="lh-medium mb-3 mr-lg-3">
                <h2 class="section-h">RIG Stock Analysis - Frequently Asked Questions</h2>
                <dl class="faq-accordion-list" id="faqAccordion">
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question1" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper1" aria-expanded="false"
                          aria-controls="answer-wrapper1">How have RIG shares performed this
                          year?<i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper1" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer1">Transocean's stock was trading at $6.35 at the start of the year. Since then, RIG stock has decreased by 44.4% and is now trading at $3.53.
                            <a href="https://www.marketbeat.com/slideshows/the-15-best-growth-stocks-you-can-buy-right-now/"><br>View the best growth stocks for 2024 here</a>.</p>
                        </div>
                      </div>
                    </dd>
                  </div>
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question2" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper2" aria-expanded="false"
                          aria-controls="answer-wrapper2">How were Transocean's earnings last
                          quarter?<i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper2" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer2">Transocean Ltd. (NYSE:RIG) issued its quarterly earnings results on Wednesday, July, 31st. The offshore drilling services provider reported ($0.15) earnings per share (EPS) for the quarter, missing analysts'
                            consensus estimates of ($0.08) by $0.07. The firm's revenue for the quarter was up 18.1% on a year-over-year basis. </p>
                        </div>
                      </div>
                    </dd>
                  </div>
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question3" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper3" aria-expanded="false"
                          aria-controls="answer-wrapper3">Does Transocean have any
                          subsidiaries?<i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper3" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer3">Transocean subsidiaries include these companies: Ocean Rig, Songa Offshore SE, 15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, Angola Deepwater Drilling Company (Offshore Services)
                            Ltd, AngoSantaFe - Prestacao de Servicos Petroliferos Limitada, and more.</p>
                        </div>
                      </div>
                    </dd>
                  </div>
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question4" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper4" aria-expanded="false"
                          aria-controls="answer-wrapper4">Who are Transocean's major
                          shareholders?<i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper4" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer4">Top institutional investors of Transocean include Primecap Management Co. CA (6.43%), State Street Corp (2.24%), Pilgrim Global Advisors LLC (2.08%) and Geode Capital Management LLC (1.97%). Insiders that own
                            company stock include Perestroika, (Cyprus) Ltd Perestroika,
                            <a style="font-weight:normal" href="https://www.insidertrades.com/transocean-ltd-stock/frederik-wilhelm-mohn/" target="_blank" rel="noopener">Frederik Wilhelm Mohn</a>, Mark-Anthony Lovell Mey,
                            <a style="font-weight:normal" href="https://www.insidertrades.com/transocean-ltd-stock/david-a-tonnel/" target="_blank" rel="noopener">David A Tonnel</a>,
                            <a style="font-weight:normal" href="https://www.insidertrades.com/transocean-ltd-stock/keelan-adamson/" target="_blank" rel="noopener">Keelan Adamson</a>, Roderick James Mackenzie,
                            <a style="font-weight:normal" href="https://www.insidertrades.com/transocean-ltd-stock/chad-c-deaton/" target="_blank" rel="noopener">Chad C Deaton</a> and
                            <a style="font-weight:normal" href="https://www.insidertrades.com/transocean-ltd-stock/vanessa-c-l-chang-1/" target="_blank" rel="noopener">Vanessa C L Chang</a>.
                            <a href="https://www.marketbeat.com/stocks/NYSE/RIG/institutional-ownership/"><br>View institutional ownership trends</a>.</p>
                        </div>
                      </div>
                    </dd>
                  </div>
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question5" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper5" aria-expanded="false"
                          aria-controls="answer-wrapper5">How do I buy shares of Transocean?
                          <i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper5" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer5">Shares of RIG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage
                            Services. <br><a href="https://www.marketbeat.com/arnreports/OfferWallBrokers.aspx">Compare Top Brokerages Here</a>.</p>
                        </div>
                      </div>
                    </dd>
                  </div>
                  <div class="faq-item-wrapper">
                    <dt>
                      <div id="question6" class="expand-question m-0 position-relative"><button class="collapsed py-3 pl-0 pr-4" type="button" data-toggle="collapse" data-target="#answer-wrapper6" aria-expanded="false"
                          aria-controls="answer-wrapper6">What other stocks do shareholders of Transocean
                          own?<i class="fa-regular fa-square-minus accordion-state-open-icon c-blue-8" aria-hidden="true"></i><i class="fa-regular fa-square-plus accordion-state-closed-icon" aria-hidden="true"></i></button></div>
                    </dt>
                    <dd id="answer-wrapper6" class="collapse ml-3">
                      <div>
                        <div class="py-2 px-3">
                          <p id="answer6"> Based on aggregate information from My MarketBeat watchlists, some other companies that Transocean investors own include
                            <a href="/stocks/NASDAQ/CA/" style="font-weight:normal">Xtrackers California Municipal Bond ETF (CA)</a>, <a href="/stocks/NASDAQ/ELGX/" style="font-weight:normal">Endologix (ELGX)</a>,
                            <a href="/stocks/NYSE/BLK/" style="font-weight:normal">BlackRock (BLK)</a>, <a href="/stocks/NYSE/CMG/" style="font-weight:normal">Chipotle Mexican Grill (CMG)</a>,
                            <a href="/stocks/NASDAQ/HWKN/" style="font-weight:normal">Hawkins (HWKN)</a>, <a href="/stocks/NYSE/ANW/" style="font-weight:normal">Aegean Marine Petroleum Network (ANW)</a> and
                            <a href="/stocks/NASDAQ/MU/" style="font-weight:normal">Micron Technology (MU)</a>.</p>
                        </div>
                      </div>
                    </dd>
                  </div>
                </dl>
              </div>
            </div>
            <div class="col-lg-5 col-xxl-4 price-data-area">
              <h2 class="section-h">Company Calendar</h2>
              <dl>
                <div class="price-data">
                  <dt>Last Earnings</dt>
                  <dd class="m-0"><strong>7/31/2024</strong></dd>
                </div>
                <div class="price-data" style="margin-top: -2px;padding-top: 5px;background:var(--light-gray);">
                  <dt>Today</dt>
                  <dd class="m-0"><strong>12/24/2024</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Fiscal Year End</dt>
                  <dd class="m-0"><strong>12/31/2024</strong></dd>
                </div>
              </dl>
              <div class="text-right"><a class="btn btn-featured w-100 mb-3" href="/arnreports/ReportSMSOptin.aspx?RegistrationCode=CompanyProfile&amp;Prefix=NYSE&amp;Symbol=RIG">Get Stock Alerts</a></div>
              <h2 class="section-h">Industry, Sector and Symbol</h2>
              <dl>
                <div class="price-data">
                  <dt><a href="/financial-terms/stock-symbols-cusip-stock-identifiers/" target="_blank">Stock Exchange</a></dt>
                  <dd class="m-0"><strong><a href="https://www.marketbeat.com/stocks/NYSE/">NYSE</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Sector</dt>
                  <dd class="m-0"><strong><a class="nounderline" href="/stocks/sectors/oils-energy/">Oils/Energy</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Industry</dt>
                  <dd class="m-0"><strong> Drilling oil &amp; gas wells</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Sub-Industry</dt>
                  <dd class="m-0"><strong>Petroleum And Natural Gas</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/stock-symbols-cusip-stock-identifiers/" target="_blank">Current Symbol</a></dt>
                  <dd class="m-0"><strong>NYSE:RIG</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/stock-symbols-cusip-stock-identifiers/" target="_blank">CUSIP</a></dt>
                  <dd class="m-0"><strong>N/A</strong></dd>
                </div>
                <div class="price-data">
                  <dt>CIK</dt>
                  <dd class="m-0"><strong><a href="https://www.sec.gov/cgi-bin/browse-edgar?CIK=0001451505" title="View company filings">1451505</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Web</dt>
                  <dd class="m-0"><strong><a href="http://www.deepwater.com" target="_blank" rel="noopener">www.deepwater.com</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Phone</dt>
                  <dd class="m-0"><strong><a href="tel:141 4790500">(141) 479-0500</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Fax</dt>
                  <dd class="m-0"><strong><a href="fax:41 71 323 27 750">41 71 323 27 750</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Employees</dt>
                  <dd class="m-0"><strong>5,800</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Year Founded</dt>
                  <dd class="m-0"><strong>1953</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Price Target and Rating</h2>
              <dl>
                <div class="price-data">
                  <dt>Average Stock Price Target</dt>
                  <dd class="m-0"><strong><a href="/stocks/NYSE/RIG/forecast/">$6.25</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>High Stock Price Target</dt>
                  <dd class="m-0"><strong>$8.00</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Low Stock Price Target</dt>
                  <dd class="m-0"><strong>$4.50</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Potential Upside/Downside</dt>
                  <dd class="m-0"><strong>+77.1%</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Consensus Rating</dt>
                  <dd class="m-0"><strong><a href="/stocks/NYSE/RIG/forecast/">Hold</a></strong></dd>
                </div>
                <div class="price-data">
                  <dt>Rating Score (0-4)</dt>
                  <dd class="m-0"><strong>2.33</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Research Coverage</dt>
                  <dd class="m-0"><strong>9 Analysts</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Profitability</h2>
              <dl>
                <div class="price-data">
                  <dt><a href="/financial-terms/earnings-per-share-eps-explained/" target="_blank">EPS (Most Recent Fiscal Year)</a></dt>
                  <dd class="m-0"><strong>($0.75)</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/market-data/low-pe-stocks/#price-to-earnings-ratio-pe" target="_blank">Trailing P/E Ratio</a></dt>
                  <dd class="m-0"><strong>N/A</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/price-to-earnings-ratio-pe/" target="_blank">Forward P/E Ratio</a></dt>
                  <dd class="m-0"><strong>N/A</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/price-to-earnings-ratio-pe/" target="_blank">P/E Growth</a></dt>
                  <dd class="m-0"><strong>N/A</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/why-net-income-important-investors" target="_blank">Net Income</a></dt>
                  <dd class="m-0"><strong>$-954,000,000.00</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/net-margin-understanding-different-types-profit" target="_blank">Net Margins</a></dt>
                  <dd class="m-0"><strong>-18.81%</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Pretax Margin</dt>
                  <dd class="m-0"><strong>-20.16%</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/calculate-return-on-equity/" target="_blank">Return on Equity</a></dt>
                  <dd class="m-0"><strong>-1.48%</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/what-is-return-on-assets/" target="_blank">Return on Assets</a></dt>
                  <dd class="m-0"><strong>-0.77%</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Debt</h2>
              <dl>
                <div class="price-data">
                  <dt><a href="/financial-terms/calcuulate-debt-to-equity-ration/" target="_blank">Debt-to-Equity Ratio</a></dt>
                  <dd class="m-0"><strong>0.64</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/what-is-current-ratio/" target="_blank">Current Ratio</a></dt>
                  <dd class="m-0"><strong>1.64</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/what-is-quick-ratio/" target="_blank">Quick Ratio</a></dt>
                  <dd class="m-0"><strong>1.34</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Sales &amp; Book Value</h2>
              <dl>
                <div class="price-data">
                  <dt>Annual Sales</dt>
                  <dd class="m-0"><strong>$3.31 billion</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/what-is-price-sales-ratio/" target="_blank">Price / Sales</a></dt>
                  <dd class="m-0"><strong>0.93</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/cash-flow-analysis-stock-selection/" target="_blank">Cash Flow</a></dt>
                  <dd class="m-0"><strong>$0.12 per share</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/cash-flow-analysis-stock-selection/" target="_blank">Price / Cash Flow</a></dt>
                  <dd class="m-0"><strong>28.92</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/book-value-equity-per-share-bvps/" target="_blank">Book Value</a></dt>
                  <dd class="m-0"><strong>$12.88 per share</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/book-value-equity-per-share-bvps/" target="_blank">Price / Book</a></dt>
                  <dd class="m-0"><strong>0.27</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Miscellaneous</h2>
              <dl class="mb-3">
                <div class="price-data">
                  <dt><a href="/financial-terms/outstanding-shares-buying-selling-stocks/" target="_blank">Outstanding Shares</a></dt>
                  <dd class="m-0"><strong>875,804,000</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Free Float</dt>
                  <dd class="m-0"><strong>760,548,000</strong></dd>
                </div>
                <div class="price-data">
                  <dt><a href="/financial-terms/market-capitalization-what-it-means/" target="_blank">Market Cap</a></dt>
                  <dd class="m-0"><strong>$3.09 billion</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Optionable</dt>
                  <dd class="m-0"><strong>Optionable</strong></dd>
                </div>
                <div class="price-data">
                  <dt>Beta</dt>
                  <dd class="m-0"><strong>2.75</strong></dd>
                </div>
              </dl>
              <h2 class="section-h">Social Links</h2>
              <div class="pt-2 pb-3 font-8 flex-social">
                <a title="Transocean LinkedIn profile" href="https://www.linkedin.com/company/transocean/" target="_blank" rel="nofollow noopener"><span class="c-gray px-2 fa-brands fa-linkedin-in"></span></a><a title="Transocean Twitter profile" href="https://twitter.com/transoceanvalue" target="_blank" rel="nofollow noopener"><span class="c-gray px-2 fa-brands fa-x-twitter"></span></a><a title="Transocean YouTube profile" href="https://www.youtube.com/@TransoceanLtdRIG" target="_blank" rel="nofollow noopener"><span class="c-gray px-2 fa-brands fa-youtube"></span></a>
              </div>
            </div>
          </div>
          <div id="cphPrimaryContent_cphTabContent_pnlAdNetworkMiddle" class="text-center mb-5">
          </div>
          <script>
            var priceSeriesCurrencySymbol = "$";
            var priceSeries =
              "Date,SharePrice,InsightPoint,InsightHTML\n12/23/2023, 6.36,\"\",\"\"\n12/24/2023, 6.36,\"\",\"\"\n12/25/2023, 6.36,\"\",\"\"\n12/26/2023, 6.74,\"\",\"\"\n12/27/2023, 6.565,\"\",\"\"\n12/28/2023, 6.48,\"\",\"\"\n12/29/2023, 6.355,\"\",\"\"\n12/30/2023, 6.35,\"\",\"\"\n12/31/2023, 6.35,\"\",\"\"\n01/01/2024, 6.35,\"\",\"\"\n01/02/2024, 6.245,\"\",\"\"\n01/03/2024, 6.19,\"\",\"\"\n01/04/2024, 6.04,\"\",\"\"\n01/05/2024, 6.145,\"\",\"\"\n01/06/2024, 6.14,\"\",\"\"\n01/07/2024, 6.14,\"\",\"\"\n01/08/2024, 5.95,\"\",\"\"\n01/09/2024, 5.83,\"\",\"\"\n01/10/2024, 5.695,\"\",\"\"\n01/11/2024, 5.595,\"positive\",\"\u003cdiv class=\u0027px-2 py-1 bg-light-gray\u0027 style=\u0027border-top: solid 3px var(--green)\u0027\u003e\u003cdiv style=\u0027font-size: .75em;line-height:1;font-weight:600;text-transform:uppercase\u0027\u003e01/11/2024 | technical analysis\u003ca href=\u0027https://toggle.ai/article/82a72ccb-b105-11ee-84d1-969ea4c5be87\u0027 target=\u0027_blank\u0027 style=\u0027float:right;width:50px;line-height:.9;padding: 0 6px 2px;border-radius:7px; background: var(--dark-gray)\u0027\u003e\u003cimg src=\u0027/images/toggle-logo.svg\u0027 alt=\u0027see details at toggle.ai\u0027 loading=\u0027lazy\u0027 decoding=\u0027async\u0027 /\u003e\u003c/a\u003e \u003c/div\u003e\u003c/div\u003e\u003cdiv class=\u0027shadow p-2 bg-white\u0027\u003e\u003cstrong\u003eTRANSOCEAN is at a recent low of 5.59, in the past this led to a increase in price.\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cdl\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eImplication\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong class=\u0027c-green\u0027\u003ePositive for the stock\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eStrength of Insight\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e5/8\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eHit Rate \u003cspan class=\u0027inline-moreinfo moreinfo\u0027 style=\u0027position:relative;top:0;\u0027\u003e \u003cspan class=\u0027fa-regular fa-circle-question\u0027\u003e\u003c/span\u003e\u003cspan class=\u0027tooltiptext righttooltip\u0027\u003eThe hit rate is the percentage of times that the stock has moved in a positive direction after a signal like this in the past.\u003c/span\u003e\u003c/span\u003e  \u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e96%\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eTypical performance afterwards\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e+66%\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003c/dl\u003e\u003cdiv style=\u0027font-size:14px\u0027\u003e\u003ca href=\u0027https://toggle.ai/article/82a72ccb-b105-11ee-84d1-969ea4c5be87\u0027 target=\u0027_blank\u0027\u003eRead more on Toggle.com.\u003c/a\u003e\u003c/div\u003e\u003c/div\u003e\"\n01/12/2024, 5.57,\"\",\"\"\n01/13/2024, 5.57,\"\",\"\"\n01/14/2024, 5.57,\"\",\"\"\n01/15/2024, 5.57,\"\",\"\"\n01/16/2024, 5.38,\"\",\"\"\n01/17/2024, 5.28,\"\",\"\"\n01/18/2024, 5.38,\"\",\"\"\n01/19/2024, 5.335,\"\",\"\"\n01/20/2024, 5.34,\"\",\"\"\n01/21/2024, 5.34,\"\",\"\"\n01/22/2024, 5.415,\"\",\"\"\n01/23/2024, 5.49,\"\",\"\"\n01/24/2024, 5.75,\"\",\"\"\n01/25/2024, 5.79,\"\",\"\"\n01/26/2024, 5.715,\"\",\"\"\n01/27/2024, 5.71,\"\",\"\"\n01/28/2024, 5.71,\"\",\"\"\n01/29/2024, 5.77,\"\",\"\"\n01/30/2024, 5.79,\"\",\"\"\n01/31/2024, 5.46,\"\",\"\"\n02/01/2024, 5.345,\"\",\"\"\n02/02/2024, 5.13,\"\",\"\"\n02/03/2024, 5.14,\"\",\"\"\n02/04/2024, 5.14,\"\",\"\"\n02/05/2024, 4.97,\"\",\"\"\n02/06/2024, 5.04,\"\",\"\"\n02/07/2024, 4.96,\"\",\"\"\n02/08/2024, 5.225,\"\",\"\"\n02/09/2024, 5.15,\"\",\"\"\n02/10/2024, 5.15,\"\",\"\"\n02/11/2024, 5.15,\"\",\"\"\n02/12/2024, 5.33,\"\",\"\"\n02/13/2024, 5.17,\"\",\"\"\n02/14/2024, 5.17,\"\",\"\"\n02/15/2024, 5.02,\"\",\"\"\n02/16/2024, 4.88,\"\",\"\"\n02/17/2024, 4.89,\"\",\"\"\n02/18/2024, 4.89,\"\",\"\"\n02/19/2024, 4.89,\"earnings\",\"\u003cdiv class=\u0027px-2 py-1 block-header\u0027\u003e\u003cdiv style=\u0027font-size: .75em;line-height:1;font-weight:600;text-transform:uppercase\u0027\u003e02/19/2024 | Earnings Date\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\u0027shadow p-2 bg-white\u0027\u003e\u003cstrong\u003eTransocean announced earnings.\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cdl\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eConsensus Estimate\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.21)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eReported EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.09)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eBeat/Miss\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e\u003cspan class=\u0027c-green\u0027\u003e+$0.12\u003c/span\u003e\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003e\tGAAP EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.05)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003c/dl\u003e\u003c/div\u003e\"\n02/20/2024, 4.665,\"\",\"\"\n02/21/2024, 4.87,\"\",\"\"\n02/22/2024, 4.82,\"\",\"\"\n02/23/2024, 4.675,\"\",\"\"\n02/24/2024, 4.67,\"\",\"\"\n02/25/2024, 4.67,\"\",\"\"\n02/26/2024, 4.75,\"\",\"\"\n02/27/2024, 4.83,\"\",\"\"\n02/28/2024, 4.79,\"\",\"\"\n02/29/2024, 4.69,\"\",\"\"\n03/01/2024, 5.09,\"\",\"\"\n03/02/2024, 5.09,\"\",\"\"\n03/03/2024, 5.09,\"\",\"\"\n03/04/2024, 5.11,\"\",\"\"\n03/05/2024, 5.12,\"\",\"\"\n03/06/2024, 5.14,\"\",\"\"\n03/07/2024, 5.15,\"\",\"\"\n03/08/2024, 5.25,\"\",\"\"\n03/09/2024, 5.25,\"\",\"\"\n03/10/2024, 5.25,\"\",\"\"\n03/11/2024, 5.44,\"\",\"\"\n03/12/2024, 5.415,\"\",\"\"\n03/13/2024, 5.62,\"\",\"\"\n03/14/2024, 5.66,\"\",\"\"\n03/15/2024, 5.8,\"\",\"\"\n03/16/2024, 5.8,\"\",\"\"\n03/17/2024, 5.8,\"\",\"\"\n03/18/2024, 5.77,\"\",\"\"\n03/19/2024, 6.035,\"\",\"\"\n03/20/2024, 6.11,\"\",\"\"\n03/21/2024, 6.065,\"\",\"\"\n03/22/2024, 5.97,\"\",\"\"\n03/23/2024, 5.97,\"\",\"\"\n03/24/2024, 5.97,\"\",\"\"\n03/25/2024, 6.22,\"\",\"\"\n03/26/2024, 6.12,\"\",\"\"\n03/27/2024, 6.26,\"\",\"\"\n03/28/2024, 6.27,\"\",\"\"\n03/29/2024, 6.28,\"\",\"\"\n03/30/2024, 6.28,\"\",\"\"\n03/31/2024, 6.28,\"\",\"\"\n04/01/2024, 6.37,\"\",\"\"\n04/02/2024, 6.585,\"\",\"\"\n04/03/2024, 6.68,\"\",\"\"\n04/04/2024, 6.54,\"\",\"\"\n04/05/2024, 6.525,\"\",\"\"\n04/06/2024, 6.53,\"\",\"\"\n04/07/2024, 6.53,\"\",\"\"\n04/08/2024, 6.55,\"\",\"\"\n04/09/2024, 6.38,\"\",\"\"\n04/10/2024, 6.43,\"\",\"\"\n04/11/2024, 6.23,\"\",\"\"\n04/12/2024, 6.19,\"\",\"\"\n04/13/2024, 6.18,\"\",\"\"\n04/14/2024, 6.18,\"\",\"\"\n04/15/2024, 6.045,\"\",\"\"\n04/16/2024, 5.91,\"\",\"\"\n04/17/2024, 5.67,\"\",\"\"\n04/18/2024, 5.555,\"\",\"\"\n04/19/2024, 5.665,\"\",\"\"\n04/20/2024, 5.67,\"\",\"\"\n04/21/2024, 5.67,\"\",\"\"\n04/22/2024, 5.81,\"\",\"\"\n04/23/2024, 5.94,\"\",\"\"\n04/24/2024, 5.78,\"\",\"\"\n04/25/2024, 5.75,\"\",\"\"\n04/26/2024, 5.865,\"\",\"\"\n04/27/2024, 5.87,\"\",\"\"\n04/28/2024, 5.87,\"\",\"\"\n04/29/2024, 5.81,\"earnings\",\"\u003cdiv class=\u0027px-2 py-1 block-header\u0027\u003e\u003cdiv style=\u0027font-size: .75em;line-height:1;font-weight:600;text-transform:uppercase\u0027\u003e04/29/2024 | Earnings Date\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\u0027shadow p-2 bg-white\u0027\u003e\u003cstrong\u003eTransocean announced earnings.\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cdl\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eConsensus Estimate\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.13)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eReported EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.03)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eBeat/Miss\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e\u003cspan class=\u0027c-green\u0027\u003e+$0.10\u003c/span\u003e\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003e\tGAAP EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.17)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003c/dl\u003e\u003c/div\u003e\"\n04/30/2024, 5.215,\"\",\"\"\n05/01/2024, 5.265,\"\",\"\"\n05/02/2024, 5.37,\"\",\"\"\n05/03/2024, 5.58,\"\",\"\"\n05/04/2024, 5.57,\"\",\"\"\n05/05/2024, 5.57,\"\",\"\"\n05/06/2024, 5.67,\"\",\"\"\n05/07/2024, 5.725,\"\",\"\"\n05/08/2024, 5.75,\"\",\"\"\n05/09/2024, 5.88,\"\",\"\"\n05/10/2024, 5.76,\"\",\"\"\n05/11/2024, 5.76,\"\",\"\"\n05/12/2024, 5.76,\"\",\"\"\n05/13/2024, 5.815,\"\",\"\"\n05/14/2024, 6,\"\",\"\"\n05/15/2024, 6.04,\"\",\"\"\n05/16/2024, 5.985,\"\",\"\"\n05/17/2024, 6.03,\"\",\"\"\n05/18/2024, 6.03,\"\",\"\"\n05/19/2024, 6.03,\"\",\"\"\n05/20/2024, 6.235,\"\",\"\"\n05/21/2024, 6.155,\"\",\"\"\n05/22/2024, 5.925,\"\",\"\"\n05/23/2024, 5.81,\"\",\"\"\n05/24/2024, 5.76,\"\",\"\"\n05/25/2024, 5.77,\"\",\"\"\n05/26/2024, 5.77,\"\",\"\"\n05/27/2024, 5.77,\"\",\"\"\n05/28/2024, 6.115,\"\",\"\"\n05/29/2024, 5.93,\"\",\"\"\n05/30/2024, 5.89,\"\",\"\"\n05/31/2024, 6.21,\"\",\"\"\n06/01/2024, 6.2,\"\",\"\"\n06/02/2024, 6.2,\"\",\"\"\n06/03/2024, 5.71,\"\",\"\"\n06/04/2024, 5.405,\"\",\"\"\n06/05/2024, 5.42,\"\",\"\"\n06/06/2024, 5.455,\"\",\"\"\n06/07/2024, 5.4,\"\",\"\"\n06/08/2024, 5.4,\"\",\"\"\n06/09/2024, 5.4,\"\",\"\"\n06/10/2024, 5.64,\"\",\"\"\n06/11/2024, 5.62,\"\",\"\"\n06/12/2024, 5.685,\"\",\"\"\n06/13/2024, 5.41,\"\",\"\"\n06/14/2024, 5.175,\"\",\"\"\n06/15/2024, 5.17,\"\",\"\"\n06/16/2024, 5.17,\"\",\"\"\n06/17/2024, 5.2,\"\",\"\"\n06/18/2024, 5.245,\"\",\"\"\n06/19/2024, 5.24,\"\",\"\"\n06/20/2024, 5.18,\"\",\"\"\n06/21/2024, 5.15,\"\",\"\"\n06/22/2024, 5.15,\"\",\"\"\n06/23/2024, 5.15,\"\",\"\"\n06/24/2024, 5.16,\"\",\"\"\n06/25/2024, 5.05,\"\",\"\"\n06/26/2024, 5.19,\"\",\"\"\n06/27/2024, 5.335,\"\",\"\"\n06/28/2024, 5.345,\"\",\"\"\n06/29/2024, 5.35,\"\",\"\"\n06/30/2024, 5.35,\"\",\"\"\n07/01/2024, 5.04,\"\",\"\"\n07/02/2024, 5.17,\"\",\"\"\n07/03/2024, 5.18,\"\",\"\"\n07/04/2024, 5.18,\"\",\"\"\n07/05/2024, 5.1,\"\",\"\"\n07/06/2024, 5.1,\"\",\"\"\n07/07/2024, 5.1,\"\",\"\"\n07/08/2024, 5.065,\"\",\"\"\n07/09/2024, 5.01,\"\",\"\"\n07/10/2024, 4.99,\"\",\"\"\n07/11/2024, 5.18,\"\",\"\"\n07/12/2024, 5.305,\"\",\"\"\n07/13/2024, 5.3,\"\",\"\"\n07/14/2024, 5.3,\"\",\"\"\n07/15/2024, 5.52,\"\",\"\"\n07/16/2024, 5.64,\"\",\"\"\n07/17/2024, 5.59,\"\",\"\"\n07/18/2024, 5.405,\"\",\"\"\n07/19/2024, 5.26,\"\",\"\"\n07/20/2024, 5.27,\"\",\"\"\n07/21/2024, 5.27,\"\",\"\"\n07/22/2024, 5.405,\"\",\"\"\n07/23/2024, 5.51,\"\",\"\"\n07/24/2024, 5.26,\"\",\"\"\n07/25/2024, 5.815,\"\",\"\"\n07/26/2024, 5.8,\"\",\"\"\n07/27/2024, 5.8,\"\",\"\"\n07/28/2024, 5.8,\"\",\"\"\n07/29/2024, 5.67,\"\",\"\"\n07/30/2024, 5.68,\"\",\"\"\n07/31/2024, 5.795,\"earnings\",\"\u003cdiv class=\u0027px-2 py-1 block-header\u0027\u003e\u003cdiv style=\u0027font-size: .75em;line-height:1;font-weight:600;text-transform:uppercase\u0027\u003e07/31/2024 | Earnings Date\u003c/div\u003e\u003c/div\u003e\u003cdiv class=\u0027shadow p-2 bg-white\u0027\u003e\u003cstrong\u003eTransocean announced earnings.\u003c/strong\u003e\u003cbr\u003e\u003cbr\u003e\u003cdl\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eConsensus Estimate\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.08)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eReported EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.15)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003eBeat/Miss\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e\u003cspan class=\u0027c-red\u0027\u003e($0.07)\u003c/span\u003e\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003cdiv class=\u0027price-data\u0027\u003e\u003cdt\u003e\tGAAP EPS\u003c/dt\u003e \u003cdd class=\u0027m-0\u0027\u003e\u003cstrong\u003e($0.15)\u003c/strong\u003e\u003c/dd\u003e\u003c/div\u003e\u003c/dl\u003e\u003c/div\u003e\"\n08/01/2024, 5.465,\"\",\"\"\n08/02/2024, 5.2,\"\",\"\"\n08/03/2024, 5.2,\"\",\"\"\n08/04/2024, 5.2,\"\",\"\"\n08/05/2024, 5.02,\"\",\"\"\n08/06/2024, 5.055,\"\",\"\"\n08/07/2024, 5.03,\"\",\"\"\n08/08/2024, 5.28,\"\",\"\"\n08/09/2024, 5.185,\"\",\"\"\n08/10/2024, 5.18,\"\",\"\"\n08/11/2024, 5.18,\"\",\"\"\n08/12/2024, 5.22,\"\",\"\"\n08/13/2024, 5.155,\"\",\"\"\n08/14/2024, 5.055,\"\",\"\"\n08/15/2024, 5.235,\"\",\"\"\n08/16/2024, 5.18,\"\",\"\"\n08/17/2024, 5.18,\"\",\"\"\n08/18/2024, 5.18,\"\",\"\"\n08/19/2024, 5.2,\"\",\"\"\n08/20/2024, 4.98,\"\",\"\"\n08/21/2024, 4.935,\"\",\"\"\n08/22/2024, 4.735,\"\",\"\"\n08/23/2024, 4.97,\"\",\"\"\n08/24/2024, 4.97,\"\",\"\"\n08/25/2024, 4.97,\"\",\"\"\n08/26/2024, 4.975,\"\",\"\"\n08/27/2024, 4.93,\"\",\"\"\n08/28/2024, 4.71,\"\",\"\"\n08/29/2024, 4.735,\"\",\"\"\n08/30/2024, 4.74,\"\",\"\"\n08/31/2024, 4.74,\"\",\"\"\n09/01/2024, 4.74,\"\",\"\"\n09/02/2024, 4.74,\"\",\"\"\n09/03/2024, 4.315,\"\",\"\"\n09/04/2024, 4.14,\"\",\"\"\n09/05/2024, 4.175,\"\",\"\"\n09/06/2024, 4.13,\"\",\"\"\n09/07/2024, 4.12,\"\",\"\"\n09/08/2024, 4.12,\"\",\"\"\n09/09/2024, 4.16,\"\",\"\"\n09/10/2024, 3.93,\"\",\"\"\n09/11/2024, 4.045,\"\",\"\"\n09/12/2024, 4.16,\"\",\"\"\n09/13/2024, 4.13,\"\",\"\"\n09/14/2024, 4.13,\"\",\"\"\n09/15/2024, 4.13,\"\",\"\"\n09/16/2024, 4.445,\"\",\"\"\n09/17/2024, 4.675,\"\",\"\"\n09/18/2024, 4.57,\"\",\"\"\n09/19/2024, 4.54,\"\",\"\"\n09/20/2024, 4.535,\"\",\"\"\n09/21/2024, 4.54,\"\",\"\"\n09/22/2024, 4.54,\"\",\"\"\n09/23/2024, 4.55,\"\",\"\"\n09/24/2024, 4.575,\"\",\"\"\n09/25/2024, 4.42,\"\",\"\"\n09/26/2024, 4.175,\"\",\"\"\n09/27/2024, 4.325,\"\",\"\"\n09/28/2024, 4.31,\"\",\"\"\n09/29/2024, 4.31,\"\",\"\"\n09/30/2024, 4.255,\"\",\"\"\n10/01/2024, 4.4,\"\",\"\"\n10/02/2024, 4.33,\"\",\"\"\n10/03/2024, 4.585,\"\",\"\"\n10/04/2024, 4.665,\"\",\"\"\n10/05/2024, 4.67,\"\",\"\"\n10/06/2024, 4.67,\"\",\"\"\n10/07/2024, 4.565,\"\",\"\"\n10/08/2024, 4.33,\"\",\"\"\n10/09/2024, 4.29,\"\",\"\"\n10/10/2024, 4.23,\"\",\"\"\n10/11/2024, 4.295,\"\",\"\"\n10/12/2024, 4.3,\"\",\"\"\n10/13/2024, 4.3,\"\",\"\"\n10/14/2024, 4.235,\"\",\"\"\n10/15/2024, 4.005,\"\",\"\"\n10/16/2024, 4.13,\"\",\"\"\n10/17/2024, 4.26,\"\",\"\"\n10/18/2024, 4.24,\"\",\"\"\n10/19/2024, 4.24,\"\",\"\"\n10/20/2024, 4.24,\"\",\"\"\n10/21/2024, 4.265,\"\",\"\"\n10/22/2024, 4.25,\"\",\"\"\n10/23/2024, 4.1,\"\",\"\"\n10/24/2024, 4.09,\"\",\"\"\n10/25/2024, 4.135,\"\",\"\"\n10/26/2024, 4.14,\"\",\"\"\n10/27/2024, 4.14,\"\",\"\"\n10/28/2024, 4.025,\"\",\"\"\n10/29/2024, 3.915,\"\",\"\"\n10/30/2024, 3.97,\"\",\"\"\n10/31/2024, 4.34,\"\",\"\"\n11/01/2024, 4.235,\"\",\"\"\n11/02/2024, 4.24,\"\",\"\"\n11/03/2024, 4.24,\"\",\"\"\n11/04/2024, 4.41,\"\",\"\"\n11/05/2024, 4.455,\"\",\"\"\n11/06/2024, 4.67,\"\",\"\"\n11/07/2024, 4.57,\"\",\"\"\n11/08/2024, 4.465,\"\",\"\"\n11/09/2024, 4.47,\"\",\"\"\n11/10/2024, 4.47,\"\",\"\"\n11/11/2024, 4.5,\"\",\"\"\n11/12/2024, 4.285,\"\",\"\"\n11/13/2024, 4.235,\"\",\"\"\n11/14/2024, 4.455,\"\",\"\"\n11/15/2024, 4.215,\"\",\"\"\n11/16/2024, 4.22,\"\",\"\"\n11/17/2024, 4.22,\"\",\"\"\n11/18/2024, 4.295,\"\",\"\"\n11/19/2024, 4.195,\"\",\"\"\n11/20/2024, 4.235,\"\",\"\"\n11/21/2024, 4.35,\"\",\"\"\n11/22/2024, 4.465,\"\",\"\"\n11/23/2024, 4.47,\"\",\"\"\n11/24/2024, 4.47,\"\",\"\"\n11/25/2024, 4.38,\"\",\"\"\n11/26/2024, 4.285,\"\",\"\"\n11/27/2024, 4.305,\"\",\"\"\n11/28/2024, 4.3,\"\",\"\"\n11/29/2024, 4.415,\"\",\"\"\n11/30/2024, 4.4,\"\",\"\"\n12/01/2024, 4.4,\"\",\"\"\n12/02/2024, 4.355,\"\",\"\"\n12/03/2024, 4.415,\"\",\"\"\n12/04/2024, 4.26,\"\",\"\"\n12/05/2024, 4.175,\"\",\"\"\n12/06/2024, 4.02,\"\",\"\"\n12/07/2024, 4.02,\"\",\"\"\n12/08/2024, 4.02,\"\",\"\"\n12/09/2024, 4.02,\"\",\"\"\n12/10/2024, 3.985,\"\",\"\"\n12/11/2024, 4.09,\"\",\"\"\n12/12/2024, 3.94,\"\",\"\"\n12/13/2024, 3.865,\"\",\"\"\n12/14/2024, 3.86,\"\",\"\"\n12/15/2024, 3.86,\"\",\"\"\n12/16/2024, 3.735,\"\",\"\"\n12/17/2024, 3.68,\"\",\"\"\n12/18/2024, 3.62,\"\",\"\"\n12/19/2024, 3.55,\"\",\"\"\n12/20/2024, 3.53,\"\",\"\"\n12/21/2024, 3.53,\"\",\"\"\n12/22/2024, 3.53,\"\",\"\"\n12/23/2024, 3.47,\"\",\"\"\n12/25/2024,3.53,,";
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          <em>This page (NYSE:RIG) was last updated on <span id="articleDate">12/24/2024</span> by <span id="authorName">MarketBeat.com Staff</span></em>
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NYSE:RIG



TRANSOCEAN (RIG) STOCK PRICE, NEWS & ANALYSIS

$3.53 +0.06 (+1.73%)
(As of 05:19 PM ET)
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ABOUT TRANSOCEAN STOCK (NYSE:RIG)

30 days 90 days 365 days Advanced Chart
View Price History Chart DataSkip Price History Chart
$3.00$3.50$4.00$4.50OctNovDec



KEY STATS

Today's Range$3.40
▼
$3.56
50-Day Range$3.47
▼
$4.67
52-Week Range$3.40
▼
$6.88
Volume13.41 million shs
Average Volume18.73 million shs
Market Capitalization$3.09 billion
P/E RatioN/A
Dividend YieldN/A
Price Target$6.25
Consensus RatingHold


COMPANY OVERVIEW

Transocean Ltd., together with its subsidiaries, provides offshore contract
drilling services for oil and gas wells worldwide. It contracts mobile offshore
drilling rigs, related equipment, and work crews to drill oil and gas wells. The
company operates a fleet of mobile offshore drilling units, consisting of
ultra-deepwater floaters and harsh environment floaters. It serves integrated
energy companies, government-owned or government-controlled energy companies,
and other independent energy companies. The company was founded in 1926 and is
based in Steinhausen, Switzerland.

Read More…



TRANSOCEAN STOCK ANALYSIS - MARKETRANK™

See Top Rated MarketRank™ Stocks
83rd Percentile Overall Score


RIG MARKETRANK™: 


Transocean scored higher than 83% of companies evaluated by MarketBeat, and
ranked 74th out of 274 stocks in the oils/energy sector. Scores are calculated
by averaging available category scores, with extra weight given to analysis and
valuation.

Analyst's Opinion4.2 / 5Analyst RatingHold

 * CONSENSUS RATING
   
   Transocean has received a consensus rating of Hold. The company's average
   rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1
   sell rating.

 * AMOUNT OF ANALYST COVERAGE
   
   Transocean has been the subject of 5 research reports in the past 90 days,
   demonstrating strong analyst interest in this stock.

 * Read more about Transocean's stock forecast and price target.

Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing

 * EARNINGS GROWTH
   
   Earnings for Transocean are expected to grow in the coming year, from ($0.15)
   to $0.19 per share.

 * PRICE TO EARNINGS RATIO VS. THE MARKET
   
   The P/E ratio of Transocean is -4.71, which means that its earnings are
   negative and its P/E ratio cannot be compared to companies with positive
   earnings.

 * PRICE TO EARNINGS RATIO VS. SECTOR
   
   The P/E ratio of Transocean is -4.71, which means that its earnings are
   negative and its P/E ratio cannot be compared to companies with positive
   earnings.

 * PRICE TO BOOK VALUE PER SHARE RATIO
   
   Transocean has a P/B Ratio of 0.27. P/B Ratios below 1 indicate that a
   company could be undervalued with respect to its assets and liabilities.

Short Interest2.0 / 5Short Interest LevelBearish

 * PERCENTAGE OF SHARES SHORTED
   
   16.57% of the outstanding shares of Transocean have been sold short.

 * SHORT INTEREST RATIO / DAYS TO COVER
   
   Transocean has a short interest ratio ("days to cover") of 7.3.

 * CHANGE VERSUS PREVIOUS MONTH
   
   Short interest in Transocean has recently decreased by 1.61%, indicating that
   investor sentiment is improving.

Dividend0.0 / 5Dividend StrengthWeak

 * DIVIDEND YIELD
   
   Transocean does not currently pay a dividend.

 * DIVIDEND GROWTH
   
   Transocean does not have a long track record of dividend growth.

 * DIVIDEND SUSTAINABILITY
   
   Based on EPS estimates, Transocean will have a dividend payout ratio of
   315.79% in the coming year. This indicates that Transocean may not be able to
   sustain their current dividend.

 * Read more about Transocean's dividend.

Sustainability and ESG0.0 / 5Environmental Score-7.91

 * PERCENTAGE OF SHARES SHORTED
   
   16.57% of the outstanding shares of Transocean have been sold short.

 * SHORT INTEREST RATIO / DAYS TO COVER
   
   Transocean has a short interest ratio ("days to cover") of 7.3.

 * CHANGE VERSUS PREVIOUS MONTH
   
   Short interest in Transocean has recently decreased by 1.61%, indicating that
   investor sentiment is improving.

News and Social Media2.4 / 5News Sentiment0.26

 * NEWS SENTIMENT
   
   Transocean has a news sentiment score of 0.26. This score is calculated as an
   average of sentiment of articles about the company over the last seven days
   and ranges from 2 (good news) to -2 (bad news). This is a lower news
   sentiment than the 0.65 average news sentiment score of Oils/Energy
   companies.

 * NEWS COVERAGE THIS WEEK
   
   MarketBeat has tracked 25 news articles for Transocean this week, compared to
   7 articles on an average week.

 * SEARCH INTEREST
   
   Only 41 people have searched for RIG on MarketBeat in the last 30 days. This
   is a decrease of -16% compared to the previous 30 days.

 * MARKETBEAT FOLLOWS
   
   77 people have added Transocean to their MarketBeat watchlist in the last 30
   days. This is an increase of 328% compared to the previous 30 days.

Company Ownership3.3 / 5Insider TradingSelling Shares

 * INSIDER BUYING VS. INSIDER SELLING
   
   In the past three months, Transocean insiders have sold more of their
   company's stock than they have bought. Specifically, they have bought $0.00
   in company stock and sold $85,800.00 in company stock.

 * PERCENTAGE HELD BY INSIDERS
   
   12.54% of the stock of Transocean is held by insiders. A high percentage of
   insider ownership can be a sign of company health.

 * PERCENTAGE HELD BY INSTITUTIONS
   
   67.73% of the stock of Transocean is held by institutions. High institutional
   ownership can be a signal of strong market trust in this company.

 * Read more about Transocean's insider trading history.


RIG STOCK NEWS HEADLINES

Rebalancing in 2025: Here Are 3 Stocks to Buy Under $10
If you're looking to rebalance your portfolio in 2025, here are three stocks
trading for under $10 per share to consider buying
December 19, 2024 | marketbeat.com
Why Now Is the Ultimate Time to Invest in Oil Stocks
As value stocks underperform growth stocks the most over a multi-year period,
oil stocks might become a potential buy in the coming months.
December 18, 2024 | marketbeat.com
Wall St. Icon: “If you wait on this, it will already be too late”
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my latest research.
December 24, 2024 | InvestorPlace (Ad)
Where to Invest in 2025: Top Stock Picks for Maximum Gains (RIG)
As the end of the year approaches, investors might have some idle cash ready to
be put to work as soon as 2025 is here. Three industries come forward as buys
December 13, 2024 | marketbeat.com
Why Betting on Oil Over Gold Could Pay Off Big in 2025 (RIG)
While most of the commodity price action has been headed to gold, some views
suggest oil might be the better buy today. Analysts and institutions agree
December 11, 2024 | marketbeat.com
Transocean (NYSE:RIG) Upgraded at Barclays
December 21 at 3:47 AM | americanbankingnews.com
Zacks Research Forecasts Transocean's Q2 Earnings (NYSE:RIG)
December 20, 2024 | americanbankingnews.com
Equities Analysts Issue Forecasts for Transocean Q1 Earnings
December 20, 2024 | americanbankingnews.com
See More Headlines


RIG STOCK ANALYSIS - FREQUENTLY ASKED QUESTIONS

How have RIG shares performed this year?

Transocean's stock was trading at $6.35 at the start of the year. Since then,
RIG stock has decreased by 44.4% and is now trading at $3.53.
View the best growth stocks for 2024 here.

How were Transocean's earnings last quarter?

Transocean Ltd. (NYSE:RIG) issued its quarterly earnings results on Wednesday,
July, 31st. The offshore drilling services provider reported ($0.15) earnings
per share (EPS) for the quarter, missing analysts' consensus estimates of
($0.08) by $0.07. The firm's revenue for the quarter was up 18.1% on a
year-over-year basis.

Does Transocean have any subsidiaries?

Transocean subsidiaries include these companies: Ocean Rig, Songa Offshore SE,
15375 Memorial Corporation, Agon Shipping Inc., Aguas Profundas Limitada, Angola
Deepwater Drilling Company (Offshore Services) Ltd, AngoSantaFe - Prestacao de
Servicos Petroliferos Limitada, and more.

Who are Transocean's major shareholders?

Top institutional investors of Transocean include Primecap Management Co. CA
(6.43%), State Street Corp (2.24%), Pilgrim Global Advisors LLC (2.08%) and
Geode Capital Management LLC (1.97%). Insiders that own company stock include
Perestroika, (Cyprus) Ltd Perestroika, Frederik Wilhelm Mohn, Mark-Anthony
Lovell Mey, David A Tonnel, Keelan Adamson, Roderick James Mackenzie, Chad C
Deaton and Vanessa C L Chang.
View institutional ownership trends.

How do I buy shares of Transocean?

Shares of RIG stock can be purchased through any online brokerage account.
Popular online brokerages with access to the U.S. stock market include Charles
Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Transocean own?

Based on aggregate information from My MarketBeat watchlists, some other
companies that Transocean investors own include Xtrackers California Municipal
Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG),
Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Micron Technology
(MU).


COMPANY CALENDAR

Last Earnings7/31/2024
Today12/24/2024
Fiscal Year End12/31/2024
Get Stock Alerts


INDUSTRY, SECTOR AND SYMBOL

Stock ExchangeNYSE
SectorOils/Energy
Industry Drilling oil & gas wells
Sub-IndustryPetroleum And Natural Gas
Current SymbolNYSE:RIG
CUSIPN/A
CIK1451505
Webwww.deepwater.com
Phone(141) 479-0500
Fax41 71 323 27 750
Employees5,800
Year Founded1953


PRICE TARGET AND RATING

Average Stock Price Target$6.25
High Stock Price Target$8.00
Low Stock Price Target$4.50
Potential Upside/Downside+77.1%
Consensus RatingHold
Rating Score (0-4)2.33
Research Coverage9 Analysts


PROFITABILITY

EPS (Most Recent Fiscal Year)($0.75)
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Net Income$-954,000,000.00
Net Margins-18.81%
Pretax Margin-20.16%
Return on Equity-1.48%
Return on Assets-0.77%


DEBT

Debt-to-Equity Ratio0.64
Current Ratio1.64
Quick Ratio1.34


SALES & BOOK VALUE

Annual Sales$3.31 billion
Price / Sales0.93
Cash Flow$0.12 per share
Price / Cash Flow28.92
Book Value$12.88 per share
Price / Book0.27


MISCELLANEOUS

Outstanding Shares875,804,000
Free Float760,548,000
Market Cap$3.09 billion
OptionableOptionable
Beta2.75


SOCIAL LINKS




This page (NYSE:RIG) was last updated on 12/24/2024 by MarketBeat.com Staff
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