Transocean Ltd. (RIG): Price and Financial Metrics

Transocean Ltd. (RIG): $7.88

0.33 (-4.02%)

POWR Rating

Component Grades

Momentum

A

Stability

D

Sentiment

Quality

D

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Industry: Energy - Drilling

Industry

D

Ranked

#16 of 16

in industry

RIG Price/Volume Stats

Current price $7.88 52-week high $8.88
Prev. close $8.21 52-week low $2.57
Day low $7.80 Volume 19,507,719
Day high $8.25 Avg. volume 18,436,486
50-day MA $8.25 Dividend yield N/A
200-day MA $6.79 Market Cap 6.04B

RIG Stock Price Chart Interactive Chart >

RIG POWR Grades

  • Momentum is the dimension where RIG ranks best; there it ranks ahead of 99.08% of US stocks.
  • The strongest trend for RIG is in Stability, which has been heading up over the past 177 days.
  • RIG's current lowest rank is in the Sentiment metric (where it is better than 2.73% of US stocks).

RIG Stock Summary

  • Of note is the ratio of TRANSOCEAN LTD's sales and general administrative expense to its total operating expenses; just 5.69% of US stocks have a lower such ratio.
  • The ratio of debt to operating expenses for TRANSOCEAN LTD is higher than it is for about 86.08% of US stocks.
  • Over the past twelve months, RIG has reported earnings growth of 255.32%, putting it ahead of 94.55% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to TRANSOCEAN LTD, a group of peers worth examining would be UNIT, SMLP, CBL, GOGL, and NHI.
  • 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/earnings ratio is -6.6; this is 179.52% lower than that of the median Energy stock.
  • RIG's price/sales ratio has moved up 0.1 over the prior 243 months.

Below are key valuation metrics over time for RIG.

Stock Date P/S P/B P/E EV/EBIT
RIG 2023-09-14 2.5 0.6 -6.6 -78.2
RIG 2023-09-13 2.4 0.6 -6.3 -76.4
RIG 2023-09-12 2.5 0.6 -6.6 -78.3
RIG 2023-09-11 2.3 0.6 -6.2 -75.7
RIG 2023-09-08 2.3 0.6 -6.2 -76.0
RIG 2023-09-07 2.3 0.6 -6.1 -75.5

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.


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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.

3 Offshore Oil Stocks Riding the Waves of Momentum

But these companies are working under the radar, generating energy and whopping gains for investors able to recognize their potential.

Jeremy Flint on InvestorPlace | September 26, 2023

Transocean Ltd. Announces Pricing of $325 Million of Secured Notes Due 2028

STEINHAUSEN, Switzerland, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Aquila Limited (“Transocean Aquila”), a wholly owned indirect subsidiary of Transocean Ltd., has priced an offering of U.S. $325 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc. and a wholly owned indirect subsidiary th

Yahoo | September 26, 2023

Transocean (RIG) Gains As Market Dips: What You Should Know

Transocean (RIG) closed the most recent trading day at $8.42, moving +0.48% from the previous trading session.

Yahoo | September 26, 2023

Transocean Ltd. Announces Proposed Private Offering of $300 Million of Secured Notes Due 2028

STEINHAUSEN, Switzerland, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean Aquila Limited (“Transocean Aquila”), a wholly owned indirect subsidiary of Transocean Ltd., commenced a private offering of U.S. $300 million in aggregate principal amount of senior secured notes due 2028 (the “Notes”) to eligible purchasers pursuant to Rule 144A/Regulation S. The Notes will be guaranteed by Transocean Ltd., Transocean Inc., and a wholly-owned indirect subsid

Yahoo | September 26, 2023

3 Sizzling Oil Stocks to Seize as Crude Nears the $100 Mark

With geopolitical tensions, oil production reduction, and potential rate cuts in 2024, the oil outlook is bullish.

Faisal Humayun on InvestorPlace | September 25, 2023

Read More 'RIG' Stories Here

RIG Price Returns

1-mo -6.86%
3-mo N/A
6-mo 22.55%
1-year 219.03%
3-year 887.96%
5-year -44.07%
YTD 72.81%
2022 65.22%
2021 19.48%
2020 -66.42%
2019 -0.86%
2018 -35.02%

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