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RIG

RIG - Transocean Ltd Stock Price, Fair Value and News

5.78USD+0.06 (+1.05%)Delayed as of 08 May 2024, 02:06 pm ET

Market Summary

RIG
USD5.78+0.06
Delayedas of 08 May 2024, 02:06 pm
1.05%

RIG Alerts

  • Big jump in Earnings (Y/Y)

RIG Stock Price

View Fullscreen

RIG RSI Chart

RIG Valuation

Market Cap

4.7B

Price/Earnings (Trailing)

-11.99

Price/Sales (Trailing)

1.59

EV/EBITDA

17.23

Price/Free Cashflow

-15.42

RIG Price/Sales (Trailing)

RIG Profitability

EBT Margin

-21.05%

Return on Equity

-3.72%

Return on Assets

-1.96%

Free Cashflow Yield

-6.48%

RIG Fundamentals

RIG Revenue

Revenue (TTM)

2.9B

Rev. Growth (Yr)

17.57%

Rev. Growth (Qtr)

2.97%

RIG Earnings

Earnings (TTM)

-391.0M

Earnings Growth (Yr)

121.08%

Earnings Growth (Qtr)

194.23%

Breaking Down RIG Revenue

52 Week Range

5.83
(Low)(High)

Last 7 days

9.8%

Last 30 days

-12.2%

Last 90 days

15.3%

Trailing 12 Months

-4.7%

How does RIG drawdown profile look like?

RIG Financial Health

Current Ratio

1.35

Debt/Equity

0.65

Debt/Cashflow

0.02

RIG Investor Care

Shares Dilution (1Y)

6.93%

Diluted EPS (TTM)

-0.5

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20242.9B000
20232.6B2.7B2.7B2.8B
20222.5B2.5B2.6B2.6B
20213.0B2.8B2.6B2.6B
20203.1B3.3B3.3B3.2B
20193.1B3.1B3.0B3.1B
20182.9B2.9B2.9B3.0B
20173.6B3.4B3.3B3.0B
20166.7B5.7B5.0B4.2B
20158.9B8.4B7.8B7.4B
20149.4B9.4B9.2B9.2B
20139.3B9.3B9.3B9.2B
20128.9B8.9B9.3B9.2B
20119.0B8.9B8.6B8.9B
201011.0B10.6B10.1B9.5B
200912.7B12.5B12.1B11.6B
200808.5B10.6B12.7B
20070006.4B
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Tracking the Latest Insider Buys and Sells of Transocean Ltd

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 04, 2024
davis howard e
sold (taxes)
-521,254
5.08
-102,609
evp, cao & cio
Mar 04, 2024
long brady k
sold (taxes)
-511,322
5.08
-100,654
evp & general counsel
Mar 04, 2024
thigpen jeremy d
sold (taxes)
-1,890,910
5.08
-372,227
ceo
Mar 04, 2024
adamson keelan
sold (taxes)
-627,878
5.08
-123,598
president and coo
Mar 04, 2024
mey mark-anthony lovell
sold (taxes)
-654,588
5.08
-128,856
evp & cfo
Mar 04, 2024
tonnel david a
sold (taxes)
-344,368
5.08
-67,789
svp - chief accounting officer
Mar 01, 2024
long brady k
acquired
1,295,370
5.09
254,493
evp & general counsel
Mar 01, 2024
davis howard e
acquired
1,320,530
5.09
259,437
evp, cao & cio
Mar 01, 2024
thigpen jeremy d
acquired
4,790,670
5.09
941,192
ceo
Mar 01, 2024
mey mark-anthony lovell
acquired
1,658,350
5.09
325,805
evp & cfo

1–10 of 50

Which funds bought or sold RIG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
Parallel Advisors, LLC
unchanged
-
-185
16,592
-%
May 06, 2024
Spectrum Wealth Counsel, LLC
unchanged
-
-7.00
654
-%
May 06, 2024
Advisory Alpha, LLC
reduced
-0.29
-7,055
499,097
0.02%
May 06, 2024
Empowered Funds, LLC
added
20.57
151,789
940,650
0.02%
May 06, 2024
Jefferies Financial Group Inc.
added
70.01
176,532
737,070
-%
May 06, 2024
Investors Research Corp
reduced
-11.62
-7,915
54,931
0.01%
May 06, 2024
SG Americas Securities, LLC
sold off
-100
-3,967,000
-
-%
May 06, 2024
LCM Capital Management Inc
unchanged
-
-1,332
119,464
0.08%
May 06, 2024
TEACHER RETIREMENT SYSTEM OF TEXAS
reduced
-41.62
-85,000
116,000
-%
May 06, 2024
DiNuzzo Private Wealth, Inc.
reduced
-19.12
-86.00
346
-%

1–10 of 44

Are Funds Buying or Selling RIG?

Are funds buying RIG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own RIG
No. of Funds

Unveiling Transocean Ltd's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
8.47%
68,551,328
SC 13G/A
Feb 12, 2024
primecap management co/ca/
6.27%
50,699,389
SC 13G/A
Feb 14, 2023
d. e. shaw & co, l.p.
4.9%
35,082,073
SC 13G/A
Feb 09, 2023
primecap management co/ca/
6.45%
46,564,489
SC 13G/A
Feb 09, 2023
vanguard group inc
8.78%
63,405,047
SC 13G/A
Dec 19, 2022
perestroika
11.5%
82,831,418
SC 13D/A
Nov 25, 2022
d. e. shaw & co, l.p.
5.0%
36,130,816
SC 13G
May 17, 2022
perestroika
12.2%
82,831,418
SC 13D/A
Feb 10, 2022
primecap management co/ca/
7.25%
47,524,006
SC 13G/A
Jul 12, 2021
blackrock inc.
2.3%
13,933,706
SC 13G/A

Recent SEC filings of Transocean Ltd

View All Filings
Date Filed Form Type Document
Apr 30, 2024
10-Q
Quarterly Report
Apr 30, 2024
8-K
Current Report
Apr 18, 2024
8-K
Current Report
Apr 17, 2024
8-K
Current Report
Apr 11, 2024
8-K
Current Report
Apr 01, 2024
8-K
Current Report
Mar 26, 2024
ARS
ARS
Mar 26, 2024
DEF 14A
DEF 14A
Mar 26, 2024
DEFA14A
DEFA14A
Mar 15, 2024
PRE 14A
PRE 14A

Peers (Alternatives to Transocean Ltd)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
458.2B
341.1B
-4.26% 6.50%
13.97
1.34
-16.75% -46.83%
300.4B
198.9B
0.63% 1.91%
14.8
1.51
-18.05% -43.28%
57.7B
27.7B
-6.06% 10.33%
13.35
2.08
-22.75% -55.41%
15.3B
6.6B
-8.89% 18.54%
10.64
2.3
-15.57% -47.38%
11.6B
6.4B
-0.97% 13.18%
11
1.81
-54.63% -85.10%
MID-CAP
9.1B
2.2B
6.85% 46.78%
18.84
4.13
-62.59% -77.29%
3.8B
2.7B
-12.05% 21.42%
10.8
1.39
2.93% 8.77%
3.7B
2.5B
-0.91% 56.11%
3.6
1.44
-6.59% -31.79%
2.8B
1.7B
2.04% -5.52%
12.73
1.64
-15.13% -28.06%
2.4B
2.1B
12.10% 1.07%
5.93
1.13
-35.04% -60.65%
SMALL-CAP
280.2M
307.6M
3.50% 2.16%
0.71
0.91
-32.91% 578.62%
172.6M
186.7M
-22.41% 78.41%
-3.72
0.92
-27.21% 56.92%
92.7M
220.8M
-13.23% -9.90%
-30.4
0.42
-38.52% -116.44%
71.5M
2.7B
-4.78% -25.70%
337.3
0.03
-18.46% -93.92%
28.6M
23.9M
7.12% 5.54%
-10.53
1.2
-21.86% -149.09%

Transocean Ltd News

Latest updates
Yahoo News UK • 12 hours ago
Defense World • 04 May 2024 • 07:53 am
Seeking Alpha • 01 May 2024 • 04:33 pm
Simply Wall St • 13 Mar 2024 • 07:00 am
CNN • 6 months ago

Transocean Ltd Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue3.0%763,000,000741,000,000713,000,000729,000,000649,000,000606,000,000691,000,000692,000,000586,000,000621,000,000626,000,000656,000,000653,000,000690,000,000773,000,000930,000,000759,000,000792,000,000784,000,000758,000,000754,000,000
Costs and Expenses-5.4%760,000,000803,000,000760,000,000718,000,000636,000,000664,000,000635,000,000660,000,000637,000,000663,000,000623,000,000659,000,000661,000,000704,000,000705,000,000766,000,000789,000,000836,000,000804,000,000774,000,000774,000,000
  S&GA Expenses4.0%52,000,00050,000,00044,000,00048,000,00045,000,00055,000,00042,000,00043,000,00042,000,00049,000,00040,000,00039,000,00039,000,00050,000,00045,000,00045,000,00043,000,00054,000,00045,000,00045,000,00049,000,000
EBITDA Margin37.2%0.220.160.180.210.230.290.290.270.270.280.330.49---------
Interest Expenses4000.0%117,000,000-3,000,000232,000,000168,000,000249,000,000263,000,00096,000,000100,000,000102,000,000107,000,000110,000,000115,000,000115,000,000117,000,000145,000,000153,000,000160,000,000160,000,000166,000,000168,000,000166,000,000
Income Taxes-1009.5%-191,000,00021,000,000-43,000,000-16,000,00051,000,00035,000,000-5,000,0003,000,00026,000,000111,000,00027,000,0004,000,000-21,000,00023,000,000-24,000,00032,000,000-4,000,000-24,000,00054,000,00037,000,000-8,000,000
Earnings Before Taxes-12.0%-93,000,000-83,000,000-263,000,000-181,000,000-414,000,000-315,000,000-33,000,000-65,000,000-149,000,000-149,000,000-103,000,000-99,000,000-119,000,000-16,000,000335,000,000-465,000,000-395,000,000-79,000,000-771,000,000-169,000,000-179,000,000
EBT Margin36.7%-0.21-0.33-0.43-0.35-0.31-0.22-0.15-0.18-0.20-0.18-0.130.04---------
Net Income194.2%98,000,000-104,000,000-220,000,000-165,000,000-465,000,000-350,000,000-28,000,000-68,000,000-175,000,000-260,000,000-130,000,000-103,000,000-99,000,000-37,000,000359,000,000-497,000,000-392,000,000-51,000,000-825,000,000-208,000,000-171,000,000
Net Income Margin60.6%-0.13-0.34-0.44-0.38-0.35-0.24-0.21-0.25-0.27-0.23-0.140.04---------
Free Cashflow-38.5%-169,000,000-122,000,000-94,000,00081,000,000-128,000,000-231,000,000143,000,000-74,000,000-107,000,000114,000,000104,000,000112,000,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.6%19,93720,25420,00820,21320,19420,43620,62120,55020,36320,68120,97621,19821,36021,80422,47222,82523,45124,10524,44925,62425,450
  Current Assets-12.0%1,8712,1261,9672,2352,0312,0082,4692,2862,2792,4442,5812,6182,5592,7403,1753,2843,2913,6403,7714,2083,792
    Cash Equivalents-41.5%4467625948219559911,3411,1611,2261,4121,4761,4901,4541,5601,8301,9482,0142,3492,4572,8532,470
  Net PPE-0.5%16,85516,94116,91316,92017,12017,46917,15817,23917,01317,09817,21617,33617,47917,66717,83118,00918,58018,84718,94819,59419,691
  Current Liabilities-0.9%1,3851,3971,1811,1411,0531,5581,5051,5331,3521,3031,3511,3191,3031,3861,5511,5881,5941,7241,4891,4611,396
  Long Term Debt-3.4%6,8027,0437,0667,1547,3426,6286,4516,3766,3756,6576,7736,9917,0967,3027,7948,4808,5768,6939,0419,3789,071
Shareholder's Equity1.0%10,52110,41510,31710,40510,32510,79211,23111,17511,13111,20611,26711,31211,34011,43511,40310,98711,47511,86711,94212,75712,953
  Retained Earnings2.4%-3,935-4,033-3,929-3,709-3,544-3,079-2,729-2,701-2,633-2,458-2,198-2,068-1,965-1,866-1,829-2,188-1,691-1,297-1,246-421-213
  Additional Paid-In Capital0.1%14,55314,54414,36414,23313,99213,98413,97913,89913,79013,68313,65913,57813,50813,50113,49313,43813,43113,42413,41513,40513,396
Accumulated Depreciation2.3%7,0936,9346,7616,6076,8766,7486,5706,3946,2326,0545,8865,7185,5415,3735,2075,3095,3555,4345,2555,6265,427
Shares Outstanding1.3%820809783767728722714692664637653621---------
Minority Interest0%1.001.001.001.001.001.001.001.001.001.004.004.004.003.006.006.006.005.009.009.007.00
Float----5,370---2,350---2,870---1,120---3,900-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-187.8%-86,00098,000-44,000157,000-47,000178,000230,00041,000-1,000185,000141,000153,00096,000278,00081,00087,000-48,000147,00091,000153,000-51,000
  Share Based Compensation10.0%11,00010,00010,00011,0009,0007,0007,0008,0007,0007,0007,0007,0007,0007,0009,0007,0008,0009,0009,00010,0009,000
Cashflow From Investing81.4%-41,000-220,000-40,000-73,000-90,000-424,000-97,000-116,000-120,000-71,000-36,000-73,000-53,000-37,000-64,000-44,000-112,000-110,000-124,000-57,00023,000
Cashflow From Financing-149.2%-152,000309,000-142,000-5,000101,000-104,00047,00010,000-65,000-178,000-119,000-44,000-149,000-511,000-135,000-109,000-175,000-145,000-363,000287,000-91,000
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RIG Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Operating revenues  
Contract drilling revenues$ 763$ 649
Revenue from Contract with Customer, Product and Service [Extensible List]us-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMember
Costs and expenses  
Operating and maintenance$ 523$ 409
Cost, Product and Service [Extensible List]us-gaap:OilAndGasServiceMemberus-gaap:OilAndGasServiceMember
Depreciation and amortization$ 185$ 182
General and administrative5245
Total costs and expenses760636
Loss on disposal of assets, net(6)(170)
Operating loss(3)(157)
Other income (expense), net  
Interest income1519
Interest expense, net of amounts capitalized(117)(249)
Loss on retirement of debt (32)
Other, net125
Total other income (expense), net(90)(257)
Loss before income tax expense (benefit)(93)(414)
Income tax expense (benefit)(191)51
Net income (loss)98(465)
Net Income (loss) attributable to controlling interest$ 98$ (465)
Earnings (loss) per share, basic (in dollars per share)$ 0.12$ (0.64)
Earnings (loss) per share, diluted (in dollars per share)$ 0.11$ (0.64)
Weighted-average shares, basic (in shares)819728
Weighted-average shares, diluted (in shares)955728

RIG Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash and cash equivalents$ 446$ 762
Accounts receivable, net of allowance of $2 at March 31, 2024 and December 31, 2023585512
Materials and supplies, net of allowance of $202 and $198 at March 31, 2024 and December 31, 2023, respectively437426
Restricted cash and cash equivalents270233
Other current assets133193
Total current assets1,8712,126
Property and equipment23,94823,875
Less accumulated depreciation(7,093)(6,934)
Property and equipment, net16,85516,941
Contract intangible assets 4
Deferred tax assets, net4544
Other assets1,1661,139
Total assets19,93720,254
Liabilities and equity  
Accounts payable301323
Accrued income taxes223
Debt due within one year463370
Other current liabilities619681
Total current liabilities1,3851,397
Long-term debt6,8027,043
Deferred tax liabilities, net377540
Other long-term liabilities851858
Total long-term liabilities8,0308,441
Commitments and contingencies
Shares, CHF 0.10 par value, 1,022,394,549 authorized, 141,262,093 conditionally authorized, 862,815,858 issued and 819,579,665 outstanding at March 31, 2024, and 1,021,294,549 authorized, 142,362,093 conditionally authorized, 843,715,858 issued and 809,030,846 outstanding at December 31, 20238281
Additional paid-in capital14,55314,544
Accumulated deficit(3,935)(4,033)
Accumulated other comprehensive loss(179)(177)
Total controlling interest shareholders' equity10,52110,415
Noncontrolling interest11
Total equity10,52210,416
Total liabilities and equity$ 19,937$ 20,254
RIG
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. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Steinhausen, Switzerland.
 CEO
 WEBSITEdeepwater.com
 INDUSTRYOil - E&P
 EMPLOYEES5040

Transocean Ltd Frequently Asked Questions


What is the ticker symbol for Transocean Ltd? What does RIG stand for in stocks?

RIG is the stock ticker symbol of Transocean Ltd. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Transocean Ltd (RIG)?

As of Tue May 07 2024, market cap of Transocean Ltd is 4.69 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers.

What is the fair value of RIG stock?

You can check RIG's fair value in chart for subscribers. The fair value of Transocean Ltd is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Transocean Ltd is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for RIG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Transocean Ltd a good stock to buy?

The fair value guage provides a quick view whether RIG is over valued or under valued. Whether Transocean Ltd is cheap or expensive depends on the assumptions which impact Transocean Ltd's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for RIG.

What is Transocean Ltd's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, RIG's PE ratio (Price to Earnings) is -11.99 and Price to Sales (PS) ratio is 1.59. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. RIG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Transocean Ltd's stock?

In the past 10 years, Transocean Ltd has provided -0.18 (multiply by 100 for percentage) rate of return.