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Transocean

RIG · NYSE

$5.82−$0.07 (−1.19%)TodayMarket closed ·
Prev close $5.89

About RIG

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. The firm's primary business is to contract its drilling rigs, related equipment and work crews on a dayrate basis to drill oil and gas wells. As of February 9, 2017, it owned or had partial ownership interests in and operated 56 mobile offshore drilling units. As of February 9, 2017, its fleet consisted of 30 floaters, seven harsh environment floaters, three deepwater floaters, six midwater floaters and 10 high-specification jackups. As February 9, 2017, it also had four ultra-deepwater drillships and five high-specification jackups under construction or under contract to be constructed. Its contract drilling services operations are spread across oil and gas exploration and development areas throughout the world. The firm's drilling fleet can be characterized as floaters, including drillships and semisubmersibles, and jackups.

Employees
5,600
Headquarters
Steinhausen, Zug
Listed
Dec 19, 2008
Sector
Energy
Industry
Energy Equipment & Services
Website
deepwater.com

RIG key statistics

Market cap
6.50B
Price-earnings ratio
0.00
Dividend yield
—
Average volume
39.69M
Volume
50.48M
Open price
$5.98
High today
$6.03
Low today
$5.74
52 Week high
$7.66
52 Week low
$3.22

Transocean (RIG) at a glance

As of Oct 20, 2026, Transocean (RIG) shares are priced at $5.82, giving the company a market cap of 6.50B and a price-to-earnings ratio of 0.00.

Today the stock has traded between $5.74 and $6.03. The current price is 1.4% above the day's low and 3.5% below its high.

Volume so far is 50.48M shares, above the average of 39.69M shares a day.

Over the past year Transocean has ranged from $3.22 to $7.66, and now sits 59% of the way up that range.

Transocean met or beat analyst EPS estimates in 4 of the last 8 quarters. In Q2 FY26 it reported $0.03 per share against an estimate of $0.0184.

The average analyst price target is $6.84, 17.5% above the current price, from 7 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

43%of 7 analyst ratings say Buy
  • Buy42.9%
  • Hold42.9%
  • Sell14.3%
Price target · 14 analystsAvg $6.84
Low
$4.55
Now
$5.82
High
$10.50

RIG earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 4 of the last 8 quarters, by 84.2% on average.

  1. Q3 FY24: reported $0.00 per share against an estimate of -$0.0445
  2. Q4 FY24: reported -$0.09 per share against an estimate of -$0.0011
  3. Q1 FY25: reported -$0.10 per share against an estimate of -$0.0902
  4. Q2 FY25: reported $0.00 per share against an estimate of -$0.0085
  5. Q3 FY25: reported $0.06 per share against an estimate of $0.0345
  6. Q4 FY25: reported $0.02 per share against an estimate of $0.0763
  7. Q1 FY26: reported -$0.03 per share against an estimate of $0.076
  8. Q2 FY26: reported $0.03 per share against an estimate of $0.0184

RIG news

  • Neeraj Jain

    What's Going On With Transocean Stock Today?

  • Press releaseGlobe Newswire

    Transocean Ltd. Announces Third Quarter 2026 Earnings Release Date

  • Neeraj Jain

    Transocean Gets $1 Billion Equinor Green Light, Adds $62 Million Shell Contract

  • Henry Khederian

    Transocean Stock Gains Following $80 Million Ultra-Deepwater Contract Award

  • Lekha Gupta

    Transocean Signs $300M ONGC Deal For Dhirubhai Deepwater KG2

  • Avi Kapoor

    Twilio, Transocean, Blackstone And More On CNBC’s ‘Final Trades’

  • Press releaseGlobe Newswire

    Transocean Ltd. Reports Second Quarter 2026 Results

  • Avi Kapoor

    Netflix, AbbVie, Cerebras Systems And An Energy Stock On CNBC’s ‘Final Trades’

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.