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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 -0.66 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 68.60% 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
08:00 AM Transocean Ltd. (RIG) Is a Trending Stock: Facts to Know Before Betting on It
03/26/24 Transocean (RIG) Falls More Steeply Than Broader Market: What Investors Need to Know
RIG Chatroom

User Image Notashort45 Posted - 1 hour ago

$RIG I count around 10 to 12 quarters away from pay dirt. This will steadly go up if demand for offshore continues to grow. This has been a hard and long wait but it's going to pay off royally.

User Image Tomyw Posted - 10 hours ago

$RIG $8.51

User Image justAtool Posted - 11 hours ago

$RIG

User Image Remdog420 Posted - 12 hours ago

$RIG 600k day rates on the horizon? https://twitter.com/TommyDeepwater/status/1784187957051556289?t=BHR8MJKC3rqRrADpt-_maQ&s=19

User Image sister Posted - 1 day ago

Heavily-Shorted for Sharp Reversal: $CSCO $INTC $MRO $RIG

User Image sister Posted - 1 day ago

$RIG punch through 6.88 as shorts head for exits into Earnings Trounce Monday w/those new contracts, higher dayrates and retiring debt. Not to mention Analysts and Fast Monkeys pounding the table. $SLB $HAL $CHK $BKR

User Image scottwiley Posted - 1 day ago

$RIG bought back in today planning on holding longterm. Last play was a day trade scalp 8.40-8.80 when FM Josh pumped it. Gl2a

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG Counting the newly acquired Aquila, RIG has 36 total rigs of which 24 have contracts. 2 are Idle. Inspiration and DDIII. 10 are cold stacked. Ultra-deepwater fleet average day rate has inc’d by approximately 33% to $416K per day. $416 x 90 days = 37.44M per drillship, If that applied for 24 rigs, that would be 898.56M if all 24 are up and running for that average $416 day rate. Based upon current firm backlog, we expect this average rate to increase to $437,000 per day. Now Day rates hit $505K.

User Image Jimmy999 Posted - 1 day ago

$RIG Russia will be cutting oil production instead of exports in the second quarter of 2024 so that all OPEC+ producers that reduce output contribute equally to the cuts, Russian Deputy Prime Minister Alexander Novak said on Friday.

User Image Jimmy999 Posted - 1 day ago

$RIG Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns...

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG https://www.tipranks.com/news/blurbs/btig-sticks-to-their-buy-rating-for-transocean-rig?utm_source=alphanewsstream.com&utm_medium=referral

User Image Jimmy999 Posted - 1 day ago

$RIG Going back up with the day rates going into the $500k's again...

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG Looks like this prediction made before market opened when SP was $5.68 is coming true. Rise closer to $6.0. Expect rise next week, as ER will occur after Monday's close. Last chance to get in b4 ER, except for rise that should occur on Monday. "Change in OI on s6c options have put max pain to $6.0, so now expect $6.0." https://stocktwits.com/xxchicagobadboyxx/message/570775721

User Image sister Posted - 1 day ago

$RIG why not 8.88 again or 13s for that matter? Fast Monkeys telling ya Squeezer too. $MRO $SLB $HAL

User Image AngusMacbeth Posted - 1 day ago

$RIG Farmer Jim with the pitch!

User Image franz11 Posted - 1 day ago

$RIG so last 4 earnings it has averaged 7-10% down . Guess if you believe in roulette wheel black is do to get hit instead of red constantly hitting

User Image valueinvestor89 Posted - 1 day ago

$RIG

User Image davooo Posted - 1 day ago

$RIG From OilPrice; Oil prices are set to post a gain this week as a combination of inventory declines, a slowdown in U.S. manufacturing, and escalating tensions in the Middle East boost bullish sentiment. Investor sentiment and behavior, particularly from hedge funds and other money managers, significantly influenced the oil market trends. Over the past week, there was a notable shift in positions, as evidenced by movements in futures and options contracts. Fund managers increased their net long positions in Brent crude, indicating a bullish outlook on potential supply disruptions due to Middle Eastern tensions. However, the sentiment was not uniformly bullish across all petroleum markets. ❤️

User Image DonCorleone77 Posted - 1 day ago

@MaverikIT @net0trader @Wigglyick @Cash4freedom @RonIsWrong @Im_not_Mr_Lebowski @IsabellaDC @CycleTrade $RIG These guys announce on Monday after-hours. I will be watching:

User Image sister Posted - 1 day ago

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

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG Last ER compared to this expected ER: https://finance.yahoo.com/news/transocean-ltd-rig-reports-narrowed-113215085.html Transocean Ltd. Earnings Whispers Apr 29 5:20 PM ET Consensus: $-0.10 → $-0.13 Revenue: $815.51 Mil → $779.56 Various Estimates regarding full year: Monday, April 8th. Zacks analyst N. Choudhury expects that the offshore drilling services provider will post earnings of ($0.10) per share for the quarter, up from their previous forecast of ($0.11). The consensus estimate for Transocean's current full-2024-year earnings is $0.09 per share. Zacks analyst N. Choudhury anticipates that the offshore drilling services provider will earn $0.02 for the year. Consensus earnings of ($0.10) for the quarter. Estimates for Q4 2024 earnings at $0.07 EPS, FY2024 earnings at $0.02 EPS. The consensus estimate for Transocean's current full-year earnings is $0.09 per share.

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG https://markets.businessinsider.com/news/stocks/buy-rating-on-transocean-projected-ebitda-growth-and-favorable-drillship-market-dynamics-1033215230 https://seekingalpha.com/article/4682659-transocean-raising-estimates-encouraging-drillship-contract-extension-hold?feed_item_type=news&utm_medium=referral&utm_source=msn.com Henrik Alex: Increased oil prices have caused a swing in sentiment for most offshore drillers over the past month with market leader Transocean outperforming peers by a wide margin. Last week, the company announced a 12-month contract extension for the 7th generation Asgard in US GOM at highly encouraging terms. With the recent lull in deepwater contracting activity apparently not impacting dayrates for high-specification assets, I am raising my profitability expectations for 2025.

User Image xxchicagobadboyxx Posted - 1 day ago

$RIG https://www.zacks.com/stock/news/2259293/will-transocean-rig-report-negative-earnings-next-week-what-you-should-know https://www.marketbeat.com/instant-alerts/nyse-rig-earnings-date-2024-04-22/ https://www.marketbeat.com/instant-alerts/nyse-rig-sec-filing-2024-04-22/ TotalEnergies has exercised a three-well option for Transocean Skyros offshore Angola at a rate of $400,000, keeping the rig working into December 2025. 1/25 → 12/25 @ $400K. Adds $36M. Was $195K After initially beginning a short-term job in the US GOM in January 2024, Invictus has had its work with an undisclosed client extended into July 2024. GOM Nov 25 – Nov 28 @ $480K. Adds $43.3M. On short-term jobs in US GOM in January 2024, now extended into July 2024. Comes off July 24 @ day rate of $425 - $475. Adds $65.7M. Transocean’s Equinox is expected to start drilling for Shell at the Crux field offshore Australia this week. 2/24 → 4/28 (4 years @ 455K - $540K) @ $455k. Adds $40.95M. Deepwater KG1 will start work for ONGC offshore India this month after around 86 days of contract preparations that began in late Jan 2024. 4/24 → 10/25 @ $347.5K. Will add 31.28M. Was 127K. https://www.marinelink.com/news/esgian-week-report-rigs-move-513122

User Image franz11 Posted - 1 day ago

$RIG I think management passed on few Petrobras contracts because it didn’t meet cash flow standards so I’m sure cat and mouse games are hard because companies thinking RIG needs deals to help deleverage. If Oil spikes again for summer driving or geopolitical reasons it will be some nice contracts signed at high rates that are in the 9th inning stage of negotiations imho

User Image Notashort45 Posted - 1 day ago

$RIG So that's 2 new contract extention one at 500k and the other at 400k. Not bad, I hope there's one or two more for cold stack ships. Revenue should start ticking up into the 3.5 billion range.

User Image nwstdnt13 Posted - 1 day 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 - 2 days ago

$RIG

User Image matgab Posted - 2 days ago

$RIG

User Image xxchicagobadboyxx Posted - 2 days 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 - 2 days ago

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

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