Looking for Sentiment Analysis? Discover the most popular stocks on Reddit by using our Sentiment Tracker
Market Cap 6.44B P/E - EPS this Y 95.80% Ern Qtrly Grth -
Income -954M Forward P/E 19.53 EPS next Y 1,250.00% 50D Avg Chg 19.00%
Sales 2.83B PEG -0.69 EPS past 5Y -59.44% 200D Avg Chg 43.00%
Dividend N/A Price/Book 0.62 EPS next 5Y 216.00% 52W High Chg -5.00%
Recommedations 2.60 Quick Ratio 0.91 Shares Outstanding 819.58M 52W Low Chg 261.00%
Insider Own 11.65% ROA -0.20% Shares Float 630.40M Beta 2.81
Inst Own 68.28% ROE -9.00% Shares Shorted/Prior 129.53M/129.65M Price 8.40
Gross Margin 30.79% Profit Margin -33.69% Avg. Volume 15,467,637 Target Price 7.43
Oper. Margin -5.53% Earnings Date Apr 29 Volume 13,770,118 Change 0.36%
About Transocean Ltd (Switzerland)

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters. It serves integrated energy companies, government-owned or government-controlled energy companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Transocean Ltd (Switzerland) News
04/25/24 Transocean (RIG) Prolongs Its Stay With Hess and TotalEnergies
04/24/24 Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline
04/22/24 Will Transocean (RIG) Report Negative Earnings Next Week? What You Should Know
04/18/24 Transocean Ltd. Announces Results of Tender Offers
04/17/24 Transocean Ltd. Provides Quarterly Fleet Status Report
04/17/24 Transocean Ltd. Announces the Pricing Terms of Pending Tender Offer
04/15/24 7 Energy Stocks Poised to Profit as Crude Oil Prices Soar
04/11/24 Transocean Ltd. Announces Pricing of Upsized Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031
04/11/24 Transocean Ltd. Announces Proposed Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031
04/11/24 Transocean Ltd. Announces Cash Tender Offers
04/10/24 Transocean Ltd. Announces First Quarter 2024 Earnings Release Date
04/07/24 The 7 Best Penny Stocks to Buy in April 2024
04/05/24 Transocean (RIG) Stock Sinks As Market Gains: Here's Why
04/04/24 The 3 Best Under $10 Stocks to Buy in April 2024
04/04/24 3 Energy Stocks to Sell in April Before They Crash & Burn
04/02/24 3 Global Stocks That Can Double in the Second Half of 2024
04/02/24 Transocean (RIG) Announces 1-Year Extension for Deepwater Asgard
04/01/24 Transocean Ltd. Announces $195 Million Ultra-Deepwater Drillship Contract
03/27/24 Transocean Ltd. (RIG) Is a Trending Stock: Facts to Know Before Betting on It
05:00 PM Transocean (RIG) Falls More Steeply Than Broader Market: What Investors Need to Know
RIG Chatroom

User Image nwstdnt13 Posted - 7 hours ago

$RIG I like the set up doji candle today on low volume. Stop loss is $5.60, still believe this should be $7-$8.

User Image HaitianPrince Posted - 10 hours ago

$RIG

User Image matgab Posted - 12 hours ago

$RIG

User Image xxchicagobadboyxx Posted - 12 hours ago

$RIG Demand for Oil expected to be up for May and June: Ascending Wedge Bullish for Oil https://lvs.freeforums.net/thread/22560/global-demand-pick-strongly-june https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html

User Image xxchicagobadboyxx Posted - 13 hours ago

$RIG Oil still rising. https://oilprice.com/

User Image courageous Posted - 13 hours ago

$RIG price after earnings? Let’s hear it.

User Image sister Posted - 13 hours ago

Heavily Shorted w/Multiple Upgrades: $MRO $SLB $HAL $RIG

User Image Tomyw Posted - 14 hours ago

$RIG going to be a cold winter with Biden shutting down energy

User Image tnewman913 Posted - 14 hours ago

$RIG time to end this week green

User Image xxchicagobadboyxx Posted - 14 hours ago

$RIG @davooo Oil up big today. Rig not in sync with oil. https://oilprice.com/Energy/Crude-Oil/Standard-Chartered-Global-Oil-Demand-Will-Pick-Up-Strongly-In-May-And-June.html

User Image DonCorleone77 Posted - 14 hours ago

$RIG From Zacks this morning: "Transocean Prolongs Its Stay With Hess and TotalEnergies" Transocean Limited RIG, the U.S.-based offshore driller, has confirmed that two of its drillships have won contract extensions worth $248 million in its latest fleet status report. The drillship Deepwater Asgard has prolonged its stay with Hess Corporation in the U.S. Gulf of Mexico. The contract has been extended for another year at a fixed day rate of $505,000. The work for this extension is slated to begin in June 2024, in continuation of the rig’s current program. The drillship’s previous day rate was $395,000, and its current day rate is fixed at $440,000. The Deepwater Asgard is an ultra-deepwater dual-activity DSME 12000 drillship. It has a maximum drilling depth of 40,000 feet and can accommodate up to 200 people. The drillship is operational in a depth of up to 12,000 ft underwater. Transocean has secured another contract extension with TotalEnergies, which has exercised a three-well option for RIG’s drillship Deepwater Skyros in Angola. This contract extension is scheduled to commence in July 2025 in direct continuation of the rig’s current contract. The day rate for the extension is fixed at $400,000. The rig’s work with Total Energies is scheduled to be concluded by December 2025. The Deepwater Skyros Samsung 12000 drillship has a maximum drilling depth of up to 40,000 feet. It has the capacity to accommodate up to 215 people and is operational in water depths up to 12,000 ft. These contract extensions are a significant addition to the company’s backlog. As of Apr 17, 2024, RIG’s total backlog was $8.9 billion. In lieu of the drilling market upcycle, Transocean has landed several new assignments for its rig fleet, adding $3.2 billion in its contract backlog last year. Transocean specializes in providing offshore drilling services in the technically challenging sectors within the global offshore drilling industry, with a focus on deepwater and harsh environment drilling services.

User Image xxchicagobadboyxx Posted - 15 hours ago

$RIG By now, it's fairly obvious that it's about rendering s6c worthless. Here's hoping that whoever bought 1000 s6c for .10 got out, even though, they only got .01 for those call options. Open Interest is 3199, and it traded as high as .84 on 4/8/24, MM are happy to have collected money on these options, as they are near worthless at this time.

User Image Remdog420 Posted - 17 hours ago

$RIG

User Image mrred21 Posted - 18 hours ago

$RIG my 5.5c for tomorrow. i should of go out on monday

User Image Tucker0234 Posted - 18 hours ago

$RIVN $MPW $RIVN $RIG Taking advantage

User Image sister Posted - 18 hours ago

Heavily Shorted for Rip Higher: $RIG $CSCO $INTC $MRO

User Image QEInfinity Posted - 19 hours ago

$RIG I think we're in the final stage of price suppression before this goes back up to and above $8. All signs point to higher oil prices, and Transocean has the assets needed to get it. Once the cold stacked rigs get activated, look for this to go to $20 and beyond.

User Image Doctorstockman Posted - 19 hours ago

$RIG who knows what’s really going on with this company? I own it in my retirement account for 15 years or more. It was $30 at one time paying a huge dividend. Then oil started to drop and the oil companies did not want to pay for drilling. The company was re-organized bought other companies, etc. Insiders bought at 12. Why with the price of oil so high is this company not performing or moving back to where it once was? Who got the time to answer?

User Image xxchicagobadboyxx Posted - 20 hours ago

$RIG Modification of prior prediction regarding $6.5 by end of week. Broke thru ascending trendline yesterday. Change in OI on s6c options have put max pain to $6.0, so now expect $6.0. MM seem not as concerned about rendering the puts worthless. s6.5 puts are bid-ask .65 - .73. 4/26/24 s5.5c 1113 → 1091 → 945 .24 - .54 → .27 - .29 → .23 - .50 s6.0c 1943 → 3217 → 3199 .04 - .07 → .02 - .03 → .02 - .04 s6.5c 1345 → 1560 → .01 - .02 → 0 s7c 3127 → 2837 0 - .02 → 0 s6.0p 861 → 847 → 672 .07 - .40 → .24 - .26 → .17-.26 s6.5p 1665 → 1683 → 342 .72 - .87 → .65 - .73

User Image davooo Posted - 20 hours ago

$RIG From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. 🥑

User Image RetireTx Posted - 1 day ago

$RIG maybe now Tech will get sold and $$$ move towards Energy even more.

User Image GMoney1776 Posted - 1 day ago

$RIG Volume nearly cut in half today from yesterday and MM's are trading it like an OTC stock all day. Not many shares available with this ridiculous SP and lots of OI on call options. They have no choice but to let it run soon to get some shares back.

User Image OpenHandClosedFist Posted - 1 day ago

$RIG I'm just not worried about this position. I wonder why?

User Image caffy Posted - 1 day ago

$RIG yo @sister why is this dirty money losing junk down

User Image Freee2surf Posted - 1 day ago

$SOFI $14🎯🚀🚀 $PLTR $RIG $IQI

User Image Vaccinia Posted - 1 day ago

$RIG I put in a limit at 5.75, let's see if they can push it down that low....

User Image valueinvestor89 Posted - 1 day ago

$RIG again...

User Image Remdog420 Posted - 1 day ago

$RIG Green energy is a ponzi scheme https://oilprice.com/Latest-Energy-News/World-News/SunPower-To-Cut-Jobs-After-its-Stock-Gets-Hammered.html

User Image sister Posted - 1 day ago

$RIG this pullback is bringing in the Big Boys for initial Squeeze to 6.88. About to get the respect it deserves . . . $EQT $PXD $CHK $BKR

User Image Remdog420 Posted - 1 day ago

$RIG the culling of the herd must be exceeding expectations, 500mil beings is their goal. RIG does go to zero if that occurs as will everything.

Analyst Ratings
B of A Securities Underperform Apr 15, 24
Susquehanna Positive Apr 8, 24
Piper Sandler Neutral Mar 11, 24
Morgan Stanley Equal-Weight Feb 26, 24
Barclays Equal-Weight Feb 22, 24
Citigroup Buy Feb 21, 24
Susquehanna Neutral Feb 21, 24
Capital One Overweight Nov 28, 23
Susquehanna Neutral Nov 1, 23
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Tonnel David A SVP - CHIEF ACCOUNTI.. SVP - CHIEF ACCOUNTING OFFICER Jul 18 Sell 8.76 1,754 15,365 475,048 07/20/23
Perestroika Director Director May 13 Buy 3.75 2,000,000 7,500,000 14,900,000 04/25/23
Mohn Frederik Wilhelm Director Director May 13 Buy 3.75 2,000,000 7,500,000 14,900,000 04/25/23
Tonnel David A SVP - CHIEF ACCOUNTI.. SVP - CHIEF ACCOUNTING OFFICER Apr 17 Sell 6.53 12,000 78,360 476,802 04/19/23
Mey Mark-Anthony Lovell EVP & CFO EVP & CFO Mar 01 Option 7.08 400,751 2,837,317 1,545,612 03/03/23
Adamson Keelan PRESIDENT AND COO PRESIDENT AND COO Feb 09 Sell 7.15 50,026 357,686 342,549 02/13/23
Adamson Keelan PRESIDENT AND COO PRESIDENT AND COO Feb 09 Option 0 420,784 541,854 02/13/23
Tonnel David A SVP - CHIEF ACCOUNTI.. SVP - CHIEF ACCOUNTING OFFICER Jan 18 Sell 6.15 14,541 89,427 277,067 01/20/23
Tonnel David A SVP - CHIEF ACCOUNTI.. SVP - CHIEF ACCOUNTING OFFICER Jan 06 Sell 4.95 13,069 64,692 325,875 01/10/23
CHANG VANESSA C L Director Director Jun 23 Buy 3.21 12,300 39,483 49,200 06/27/22
Mohn Frederik Wilhelm Director Director May 13 Buy 3.75 2,000,000 7,500,000 82,636,646 05/17/22
Perestroika Director Director May 13 Buy 3.75 2,000,000 7,500,000 82,636,646 05/17/22
CHANG VANESSA C L Director Director May 11 Buy 3.49 10,000 34,900 10,000 05/13/22
Perestroika Director Director Jun 25 Buy 4.46 2,000,000 8,920,000 79,640,354 06/25/21
Mohn Frederik Wilhelm Director Director Jun 25 Buy 4.46 2,000,000 8,920,000 79,640,354 06/25/21
Mohn Frederik Wilhelm Director Director Jun 23 Buy 4.15 2,000,000 8,300,000 77,640,354 06/23/21
Perestroika Director Director Jun 17 Buy 4.19 5,000,000 20,950,000 72,740,354 06/17/21
Mohn Frederik Wilhelm Director Director Jun 17 Buy 4.19 5,000,000 20,950,000 72,740,354 06/17/21