Transocean Ltd. (RIG)Energy | Oil & Gas Drilling | Zug, Switzerland | NYSE
5.51 USD
-0.07
(-1.254%) ⇩
(Oct. 15, 2026, 4 p.m.
EDT)
After hours: 5.54 +0.03 (0.514%) ⇧ (Oct. 15, 2026, 7:56 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 10:20 a.m. EDT
The investment case for Transocean is currently fractured by a severe disconnect between operational optimism and financial reality. While the backlog expansion and new contracts with major clients like Equinor provide a compelling narrative for future revenue, the company is bleeding capital today. The business is generating negative earnings and negative return on equity, indicating that the current operations are not covering their cost of capital. This fundamental deterioration is reflected in the stock's brutal multi-year performance, which has erased roughly 70% of its value over the last nine years. Despite the recent contract wins, the market has correctly priced this as a distressed asset; the balance sheet is weighed down by massive debt relative to equity, and the lack of a dividend signals that cash preservation is the priority. For investors, the story is one of waiting for the industry cycle to turn and the balance sheet to stabilize, rather than participating in immediate growth. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.047455 |
| MSTL | 0.063012 |
| AutoTheta | 0.107360 |
| AutoARIMA | 0.215141 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 49% |
| H-stat | 0.39 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.355 |
| Excess Kurtosis | -0.72 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2015-08-20 |
| Last Dividend Date | 2015-08-20 |
| Debt to Equity Ratio | 61.159 |
| Revenue per Share | 3.831 |
| Market Cap | 6,154,009,600 |
| Forward P/E | 19.10 |
| Beta | 1.41 |
| Profit Margins | -40.24% |
| Website | https://www.deepwater.com |
As of Oct. 10, 2026, 10:20 a.m. EDT: Speculators are positioning for significant downside protection with heavy put volume and open interest concentrated at strikes below the current price ($4.50-$5.50 range). While there is some call activity at higher strikes ($7.00-$10.00), the overwhelming open interest in puts suggests a bearish bias or a hedging strategy against further declines, rather than a bullish breakout expectation.
| Date | Dividend | Yield % |
|---|---|---|
| 2015-08-21 | 0.150000 | 1.173709 |
| 2015-05-27 | 0.150000 | 0.777202 |
| 2015-02-18 | 0.750000 | 4.222973 |
| 2014-11-12 | 0.750000 | 2.769572 |
| 2014-08-20 | 0.750000 | 1.936983 |
| 2014-05-28 | 0.750000 | 1.784864 |
| 2014-02-19 | 0.560000 | 1.308717 |
| 2013-11-13 | 0.560000 | 1.012658 |
| 2013-08-21 | 0.560000 | 1.219778 |
| 2013-05-29 | 0.560000 | 1.075889 |
| 2012-02-22 | 0.790000 | 1.612574 |
| 2011-11-22 | 0.790000 | 1.731317 |
| 2011-08-24 | 0.790000 | 1.537264 |
| 2011-05-18 | 0.790000 | 1.163133 |
| 2007-11-27 | 33.030000 | 24.331492 |
| 2002-05-28 | 0.042882 | 0.078432 |
| 2002-02-27 | 0.042882 | 0.105301 |
| 2001-11-28 | 0.042882 | 0.107953 |
| 2001-08-29 | 0.042882 | 0.100604 |
| 2001-05-30 | 0.042882 | 0.056808 |
| 2001-02-28 | 0.042882 | 0.062332 |
| 2000-11-29 | 0.042882 | 0.070176 |
| 2000-08-30 | 0.042882 | 0.049961 |
| 2000-05-31 | 0.042882 | 0.060992 |
| 2000-03-01 | 0.042882 | 0.072290 |
| 1999-12-01 | 0.042882 | 0.100841 |
| 1999-08-31 | 0.042882 | 0.088643 |
| 1999-06-02 | 0.042882 | 0.124676 |
| 1999-03-03 | 0.042882 | 0.141594 |
| 1998-12-02 | 0.042882 | 0.124676 |
| 1998-09-01 | 0.042882 | 0.121828 |
| 1998-06-03 | 0.042882 | 0.063830 |
| 1998-03-04 | 0.042882 | 0.065307 |
| 1997-12-03 | 0.042882 | 0.062582 |
| 1997-09-03 | 0.042882 | 0.066162 |
| 1997-05-28 | 0.042882 | 0.086022 |
| 1997-03-05 | 0.042882 | 0.100841 |
| 1996-11-13 | 0.042882 | 0.095239 |
| 1996-08-14 | 0.042882 | 0.119702 |
| 1996-05-15 | 0.042882 | 0.116224 |
| 1996-02-12 | 0.042882 | 0.125655 |
| 1995-11-10 | 0.042882 | 0.186048 |
| 1995-08-09 | 0.042882 | 0.179777 |
| 1995-05-08 | 0.042882 | 0.229667 |
| 1995-02-08 | 0.042882 | 0.294481 |
| 1994-11-07 | 0.042882 | 0.307695 |
| 1994-08-08 | 0.042882 | 0.315792 |
| 1994-05-09 | 0.042882 | 0.333336 |
| 1994-02-08 | 0.042882 | 0.342860 |
| 1993-11-05 | 0.042882 | 0.296299 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.690184 |
| Address1 | Turmstrasse 30 |
| Address2 | Steinhausen |
| All Time High | 187.97885 |
| All Time Low | 0.65 |
| Ask | 5.51 |
| Ask Size | 24,200 |
| Audit Risk | 4 |
| Average Analyst Rating | 2.3 - Buy |
| Average Daily Volume10 Day | 34,615,180 |
| Average Daily Volume3 Month | 41,940,539 |
| Average Volume | 41,940,539 |
| Average Volume10Days | 34,615,180 |
| Beta | 1.41 |
| Bid | 5.5 |
| Bid Size | 54,400 |
| Board Risk | 5 |
| Book Value | 7.493 |
| City | Zug |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 2 |
| Country | Switzerland |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 5.51 |
| Current Ratio | 1.589 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 5.6 |
| Day Low | 5.42 |
| Debt To Equity | 61.159 |
| Display Name | Transocean |
| Dividend Date | 1,442,966,400 |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,793,714,400 |
| Earnings Call Timestamp Start | 1,793,714,400 |
| Earnings Timestamp | 1,793,649,600 |
| Earnings Timestamp End | 1,793,649,600 |
| Earnings Timestamp Start | 1,793,649,600 |
| Ebitda | 1,568,999,936 |
| Ebitda Margins | 0.38101003 |
| Enterprise To Ebitda | 6.86 |
| Enterprise To Revenue | 2.614 |
| Enterprise Value | 10,764,009,472 |
| Eps Current Year | 0.15892 |
| Eps Forward | 0.28845 |
| Eps Trailing Twelve Months | -1.56 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,440,115,200 |
| Exchange | NYQ |
| Exchange Data Delayed By | 20 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 5.6252 |
| Fifty Day Average Change | -0.115199566 |
| Fifty Day Average Change Percent | -0.020479195 |
| Fifty Two Week Change Percent | 69.0184 |
| Fifty Two Week High | 7.66 |
| Fifty Two Week High Change | -2.1499996 |
| Fifty Two Week High Change Percent | -0.2806788 |
| Fifty Two Week Low | 3.14 |
| Fifty Two Week Low Change | 2.3700001 |
| Fifty Two Week Low Change Percent | 0.7547771 |
| Fifty Two Week Range | 3.14 - 7.66 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 738,595,800,000 |
| Five Year Avg Dividend Yield | 3.52 |
| Float Shares | 923,615,155 |
| Forward Eps | 0.28845 |
| Forward P E | 19.102098 |
| Free Cashflow | 893,875,008 |
| Full Exchange Name | NYSE |
| Full Time Employees | 5,220 |
| Fullday Change | -0.029999733 |
| Fullday Change Percent | -0.5376296 |
| Fullday Price | 5.51 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | 0.42472 |
| Gross Profits | 1,748,999,936 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.092530005 |
| Held Percent Institutions | 0.96352 |
| Implied Shares Outstanding | 1,116,880,085 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Ir Website | http://www.deepwater.com/fw/main/Investor-Relations-272.html |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,440,115,200 |
| Last Dividend Value | 0.15 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,196,121,600 |
| Last Split Factor | 6,996:10000 |
| Long Business Summary | Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It also operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment semisubmersibles. It serves integrated energy companies and their affiliates, government-owned or government-controlled energy companies, and other independent energy companies. Transocean Ltd. was founded in 1926 and is based in Zug, Switzerland. |
| Long Name | Transocean Ltd. |
| Market | us_market |
| Market Cap | 6,154,009,600 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_407172 |
| Most Recent Quarter | 1,782,777,600 |
| Net Income To Common | -1,656,999,936 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 6,109,334,064 |
| Number Of Analyst Opinions | 12 |
| Open | 5.61 |
| Operating Cashflow | 995,000,000 |
| Operating Margins | 0.17391 |
| Overall Risk | 3 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.17 |
| Phone | 41 41 749 0500 |
| Post Market Change | 0.028299809 |
| Post Market Change Percent | 0.5136081 |
| Post Market Price | 5.5383 |
| Post Market Time | 1,792,108,573 |
| Previous Close | 5.58 |
| Price Eps Current Year | 34.67153 |
| Price Hint | 2 |
| Price To Book | 0.73535305 |
| Price To Sales Trailing12 Months | 1.4944171 |
| Profit Margins | -0.40238 |
| Quick Ratio | 0.925 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.30769 |
| Region | US |
| Regular Market Change | -0.0699997 |
| Regular Market Change Percent | -1.25447 |
| Regular Market Day High | 5.6 |
| Regular Market Day Low | 5.42 |
| Regular Market Day Range | 5.42 - 5.6 |
| Regular Market Open | 5.61 |
| Regular Market Previous Close | 5.58 |
| Regular Market Price | 5.51 |
| Regular Market Time | 1,792,094,402 |
| Regular Market Volume | 40,733,221 |
| Return On Assets | 0.03677 |
| Return On Equity | -0.18698 |
| Revenue Growth | -0.022 |
| Revenue Per Share | 3.831 |
| Sand P52 Week Change | 0.16207206 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 1,116,880,085 |
| Shares Percent Shares Out | 0.26770002 |
| Shares Short | 299,021,155 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 265,045,119 |
| Short Name | Transocean Ltd (Switzerland) |
| Short Percent Of Float | 0.2941 |
| Short Ratio | 6.83 |
| Source Interval | 15 |
| Symbol | RIG |
| Target High Price | 10.0 |
| Target Low Price | 4.5 |
| Target Mean Price | 6.55417 |
| Target Median Price | 6.45 |
| Total Cash | 509,000,000 |
| Total Cash Per Share | 0.456 |
| Total Debt | 5,119,000,064 |
| Total Revenue | 4,118,000,128 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.56 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 5.7475 |
| Two Hundred Day Average Change | -0.23749971 |
| Two Hundred Day Average Change Percent | -0.041322265 |
| Type Disp | Equity |
| Volume | 40,733,221 |
| Website | https://www.deepwater.com |
| Zip | 6,312 |