Transocean Ltd. (RIG): Price and Financial Metrics
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%.

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.
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 MomentumBut these companies are working under the radar, generating energy and whopping gains for investors able to recognize their potential. |
Transocean Ltd. Announces Pricing of $325 Million of Secured Notes Due 2028STEINHAUSEN, 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 |
Transocean (RIG) Gains As Market Dips: What You Should KnowTransocean (RIG) closed the most recent trading day at $8.42, moving +0.48% from the previous trading session. |
Transocean Ltd. Announces Proposed Private Offering of $300 Million of Secured Notes Due 2028STEINHAUSEN, 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 |
3 Sizzling Oil Stocks to Seize as Crude Nears the $100 MarkWith geopolitical tensions, oil production reduction, and potential rate cuts in 2024, the oil outlook is bullish. |
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% |
Continue Researching RIG
Want to do more research on Transocean Ltd's stock and its price? Try the links below:Transocean Ltd (RIG) Stock Price | Nasdaq
Transocean Ltd (RIG) Stock Quote, History and News - Yahoo Finance
Transocean Ltd (RIG) Stock Price and Basic Information | MarketWatch
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