Transocean Ltd. (RIG) Research

Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.

Market snapshot

Symbol
RIG
Price
$5.31
Day change
-4.84%
Market cap
$4.8B
P/E ratio
-2.13x
52-week range
2.51-7.66
Sector
Energy
Industry
Oil & Gas Drilling
Next earnings
in 1 month
Analyst price target
$6.63

Recent news

  • Cramer Backs BlackBerry, Waves Off Transocean And Sends AI Investors To Corning

    On CNBC's “Mad Money Lightning Round,” Jim Cramer said BlackBerry Limited (NYSE:BB) is “good.”

  • Alibaba, NextEra Energy, Transocean And A Real Estate Stock On CNBC's 'Final Trades'

    NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL) were recommended as final trades on CNBC's Halftime Report.

  • Ted Oakley Says Wall Street Is Chasing The AI 'Dream' While Ignoring 'Mispriced' Energy Stocks

    As Wall Street pours billions into artificial intelligence (AI) infrastructure, Oxbow Advisors founder Ted Oakley says investors are ignoring the massive energy and commodity demand needed to power the AI boom — creating an opportunity in beaten-down energy stocks.

Peer companies

  • Gulfport Energy Corporation (GPOR)
  • Kodiak Gas Services, Inc. (KGS)
  • PBF Energy Inc. (PBF)
  • Patterson-UTI Energy, Inc. (PTEN)
  • Scorpio Tankers Inc. (STNG)
  • Tidewater Inc. (TDW)
  • Transportadora de Gas del Sur S.A. (TGS)
  • USA Compression Partners, LP (USAC)

Recent insider activity

  • Lacey William F. — M-Exempt (82353 shares) on 2026-05-22
  • Lacey William F. — F-InKind (20934 shares) on 2026-05-26
  • Lacey William F. — A-Award (30435 shares) on 2026-05-22
  • DEATON CHAD C — M-Exempt (82353 shares) on 2026-05-22
  • DEATON CHAD C — F-InKind (20932 shares) on 2026-05-26

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