Transocean Ltd. (RIG): Price and Financial Metrics

Transocean Ltd. (RIG): $6.28

0.03 (+0.48%)

POWR Rating

Component Grades

Momentum

B

Stability

D

Sentiment

Quality

D

Add RIG to Watchlist
Sign Up

Industry: Energy - Drilling

Industry

F

Ranked

#12 of 15

in industry

RIG Price/Volume Stats

Current price $6.28 52-week high $8.88
Prev. close $6.25 52-week low $4.45
Day low $6.27 Volume 16,673,444
Day high $6.43 Avg. volume 17,371,697
50-day MA $5.38 Dividend yield N/A
200-day MA $6.75 Market Cap 5.08B

RIG Stock Price Chart Interactive Chart >

RIG POWR Grades

  • RIG scores best on the Momentum dimension, with a Momentum rank ahead of 75.65% of US stocks.
  • RIG's strongest trending metric is Value; it's been moving up over the last 26 weeks.
  • RIG's current lowest rank is in the Sentiment metric (where it is better than 1.09% of US stocks).

RIG Stock Summary

  • RIG's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0.14 -- higher than only 2.07% of US-listed equities with positive expected earnings growth.
  • Of note is the ratio of TRANSOCEAN LTD's sales and general administrative expense to its total operating expenses; only 5.64% of US stocks have a lower such ratio.
  • Over the past twelve months, RIG has reported earnings growth of -3,000%, putting it ahead of merely 0.57% of US stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to TRANSOCEAN LTD are VST, TNP, AG, HNRG, and FIS.
  • RIG's SEC filings can be seen here. And to visit TRANSOCEAN LTD's official web site, go to www.deepwater.com.

RIG Valuation Summary

  • RIG's price/sales ratio is 1.9; this is 40.74% higher than that of the median Energy stock.
  • Over the past 243 months, RIG's price/sales ratio has gone down 1.2.

Below are key valuation metrics over time for RIG.

Stock Date P/S P/B P/E EV/EBIT
RIG 2023-12-28 1.9 0.5 -4.4 -45.3
RIG 2023-12-27 2.0 0.5 -4.4 -45.5
RIG 2023-12-26 2.0 0.5 -4.5 -46.1
RIG 2023-12-22 1.9 0.5 -4.3 -44.9
RIG 2023-12-21 1.9 0.5 -4.2 -44.5
RIG 2023-12-20 1.9 0.5 -4.2 -44.3

RIG Growth Metrics

    The 3 year cash and equivalents growth rate now stands at -50.34%.
  • Its 5 year net income to common stockholders growth rate is now at -338.06%.
  • Its 4 year price growth rate is now at -88.1%.
Over the past 34 months, RIG's revenue has gone down $518,000,000.

The table below shows RIG's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 2,575 448 -621
2022-09-30 2,590 455 -531
2022-06-30 2,525 366 -633
2022-03-31 2,489 478 -668
2021-12-31 2,556 575 -592
2021-09-30 2,625 668 -369

RIG's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • RIG has a Quality Grade of C, ranking ahead of 58.76% of graded US stocks.
  • RIG's asset turnover comes in at 0.123 -- ranking 126th of 137 Petroleum and Natural Gas stocks.
  • CLR, BCEI, and TREC are the stocks whose asset turnover ratios are most correlated with RIG.

The table below shows RIG's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.123 0.340 0.005
2021-06-30 0.128 0.349 0.023
2021-03-31 0.138 0.378 0.010
2020-12-31 0.139 0.365 0.001
2020-09-30 0.140 0.352 0.001
2020-06-30 0.138 0.330 -0.037

RIG Price Target

For more insight on analysts targets of RIG, see our RIG price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $2.56 Average Broker Recommendation 2.32 (Moderate Sell)

Transocean Ltd. (RIG) Company Bio


Transocean Ltd. is a provider of offshore contract drilling services for oil and gas wells. The company focuses on deepwater and harsh environment drilling services. The company was founded in 1953 and is based in Vernier, Switzerland.


RIG Latest News Stream


Event/Time News Detail
Loading, please wait...

RIG Latest Social Stream


Loading social stream, please wait...

View Full RIG Social Stream

Latest RIG News From Around the Web

Below are the latest news stories about TRANSOCEAN LTD that investors may wish to consider to help them evaluate RIG as an investment opportunity.

Oil & Gas Stock Roundup: Pembina's Asset Buy, Transocean's Rig Deal & More

PBA, RIG, EQNR, CVX and CNQ emerge as the energy headline makers during the week.

Yahoo | December 20, 2023

Transocean (RIG) Signs a $251M Contract for Barents Rig

Transocean (RIG) inks a robust $251-million deal with OMV Petrom S.A., reinforcing its dominance in the challenging Romanian Black Sea environment.

Yahoo | December 13, 2023

Transocean Ltd. Announces $251 Million Harsh Environment Semisubmersible Contract

STEINHAUSEN, Switzerland, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a minimum 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000 per day, excluding additional services. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $251 million in backlog, excluding full compensation for mobilization and a demobilization fee. For each day

Yahoo | December 12, 2023

Institutional investors in Transocean Ltd. (NYSE:RIG) lost 6.9% last week but have reaped the benefits of longer-term growth

Key Insights Institutions' substantial holdings in Transocean implies that they have significant influence over the...

Yahoo | December 12, 2023

Affordable Allstars: 3 Stocks Under $10 That Can Double in 2024

These are the stocks under $10 to buy as they represent attractive growth stories that can deliver multibagger returns.

Faisal Humayun on InvestorPlace | December 4, 2023

Read More 'RIG' Stories Here

RIG Price Returns

1-mo 30.02%
3-mo -1.10%
6-mo -23.51%
1-year -6.82%
3-year 92.64%
5-year -27.90%
YTD -1.10%
2023 39.25%
2022 65.22%
2021 19.48%
2020 -66.42%
2019 -0.86%

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!