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Transocean Ltd. (RIG)

Listed on NYSE • Energy / Oil & Gas Drilling
RIG logo

Overview

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

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Key Information

Symbol: RIG
CEO: Keelan I. Adamson
Exchange: NYSE
CIK: 0001451505
SEC Filings: View SEC →

Stock Snapshot (Updated: Nov 05 04:00 PM EST)

Price
3.9
Change
0
Change %
0.00%
Open
3.86
Previous Close
3.9
High
3.98
Low
3.86
Volume
40,463,600
Market Cap
4,295,620,608
EV/EBITDA
7.7

Capital Structure (Updated: Nov 05 04:00 PM EST)

Shares Outstanding
1,101,441,205
FloatShares
904,007,869
Float Ratio
82.07%
Shares Short
147,181,775
Short Percent Of Float
The percent of float shares currently sold short. Reflects market sentiment and risk of a short squeeze.
14.75%
Short Ratio
Days needed to cover all short positions. Indicates short-selling pressure.
2.73 trading days
Held Percent Insiders
13.64%
Held Percent Institutions
57.37%

Calendar Events (Upcoming Earnings & Revenue Forecasts)

Earnings
Earnings Date 2025-10-29
Earnings Call 2025-10-30
Avg EPS Estimate 0.0666
Low EPS Estimate 0.03
High EPS Estimate 0.09
Revenue
Avg Revenue Forecast 1,025,083,470
Low Revenue Forecast 1,004,000,000
High Revenue Forecast 1,042,000,000

RIG Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability

Field Value Description
Cash Holdings$833,000,000Cash on hand, which directly shows a company's ability to meet short-term obligations.
Quick Ratio0.63The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe.
Current Ratio1.081The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity.
Total Debt$6,221,000,192Total liabilities, used together with cash and liquidity ratios to assess debt burden.

RIG Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability

Field Value Description
EBITDA$1,316,000,000EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations.
Operating Cash Flow$606,000,000Operating cash flow, which reflects a company's cash-generating ability.
Free Cash Flow$910,374,976Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment.
Gross Margin39.21%Gross margin; a higher value indicates stronger product profitability.
Operating Margin23.05%Operating margin; slightly negative, indicating high operating costs.
Profit Margin-75.71%Net profit margin, which reflects overall profitability.

RIG Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability

Field Value Description
Debt/Equity Ratio77.01%Low leverage level, indicating the company has low debt pressure.
Total Debt$6,221,000,192Used together with cash and EBITDA to assess debt-paying ability.

RIG Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion

Field Value Description
Revenue Growth (YoY)8.40%Rapid revenue growth, indicating fast business expansion.
Earnings Growth (YoY)0.00%Significant EPS growth, indicating rapid improvement in profitability.

Financial Data for RIG (Key ratios, margins, and cash flow)

Field Value Description
Current Price$3.9Latest stock trading price
Price Target (High)$5.5Analyst highest expected price
Price Target (Low)$3Analyst lowest expected price
Price Target (Average)$3.99Average target price across analysts
Price Target (Median)$3.9Median of target prices
Average Rating Score2.54Average analyst rating (1=Strong Buy, 5=Sell)
Consensus RecommendationholdConsensus rating
Analyst Coverage Count13Number of analysts providing estimates
Cash Holdings$833,000,000Total cash held by the company
Cash per Share$0.76Cash value per outstanding share
Total Debt$6,221,000,192Company's total debt
Quick Ratio0.63Ability to cover short-term liabilities (excludes inventory)
Current Ratio1.081Overall short-term liquidity
Debt/Equity Ratio77.01%Leverage ratio: Debt / Equity
EBITDA$1,316,000,000Earnings before interest, taxes, depreciation & amortization
Total Revenue$3,873,999,872Total company revenue
Revenue per Share$4.289Total revenue divided by shares outstanding
Gross Profit39.21%Revenue minus cost of goods sold
Return on Assets2.19%Net income / Total assets
Return on Equity-32.04%Net income / Shareholder equity
Earnings Growth (YoY)0.00%Year-over-year EPS growth
Revenue Growth (YoY)8.40%Year-over-year revenue growth
Gross Margin39.21%Gross profit / Total revenue
EBITDA Margin33.97%EBITDA / Revenue
Operating Margin23.05%Operating income / Revenue
Profit Margin-75.71%Net income / Revenue
Free Cash Flow$910,374,976Cash left after capital expenditures
Operating Cash Flow$606,000,000Cash from core business operations
CurrencyUSDReported in US dollars
Last Updated2025-11-05Data source from Yahoo