Transocean
About: Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.
Employees: 5,800
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
8% more repeat investments, than reductions
Existing positions increased: 129 | Existing positions reduced: 120
1.06% less ownership
Funds ownership: 69.62% [Q4 2024] → 68.56% (-1.06%) [Q1 2025]
8% less funds holding
Funds holding: 440 [Q4 2024] → 404 (-36) [Q1 2025]
16% less capital invested
Capital invested by funds: $2.29B [Q4 2024] → $1.92B (-$367M) [Q1 2025]
21% less call options, than puts
Call options by funds: $46.7M | Put options by funds: $59.5M
33% less funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 4 (-2) [Q1 2025]
41% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 68
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
23%
upside
Avg. target
$3.75
32%
upside
High target
$4
40%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Morgan Stanley Daniel Kutz | 23%upside $3.50 | Equal-Weight Maintained | 16 May 2025 |
Susquehanna Charles Minervino | 40%upside $4 | Positive Maintained | 14 Apr 2025 |
Financial journalist opinion
Based on 5 articles about RIG published over the past 30 days
Positive
Seeking Alpha
1 day ago
Transocean: An Underappreciated Offshore Leader
Transocean is trading near 52-week lows, despite improving financials and a stable backlog, making it undervalued versus peers. The stock's weakness is tied to low oil prices, slow backlog growth, and market skepticism, but offshore rig supply remains tight and day rates are rising. If oil prices recover and Fed policy eases, Transocean's utilization and margins could surge, potentially driving the stock to $10–$25.
Neutral
Zacks Investment Research
2 weeks ago
Transocean to Drill New Wildcat Well for Equinor in the Norwegian Sea
RIG secures a new wildcat well drilling job in the Norwegian Sea for Equinor that is set to start in July 2025.
Positive
Zacks Investment Research
3 weeks ago
Oil & Gas Drilling Is Struggling - But These 3 Names Stand Out
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.
Negative
Zacks Investment Research
3 weeks ago
Here's Why Hold Strategy Is Apt for Transocean Stock Now
RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.
Positive
MarketBeat
4 weeks ago
Higher Gulf Oil Output Puts These Energy Names in Play
There comes a time in the economic cycle when investors need to dig deeper into fundamentals and stay true to the market's nature of reflecting tomorrow's expectations in today's prices; some developments are acting as a tailwind behind the energy sector of the United States, tailwinds that may lead more capital to rotate into a few specific stocks with all the right fundamental makeup moving forward.
Negative
Forbes
1 month ago
RIG Stock: Low Valuation But High Risk?
Transocean (NYSE:RIG), a company specializing in offshore drilling, has significantly lagged behind the broader S&P 500 index over the last twelve months, posting a decline of 45% compared to the S&P 500's increase of 12%. The firm is currently facing financial setbacks, worsened by escalating cost inflation.
Positive
MarketBeat
1 month ago
A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
Connecting ideas to economic data and price action is often one of the best ways for investors to identify a winning trade for their portfolios, and today's data points to a single area of the stock market. Looking into the energy sector, there is one widely followed indicator rooted in the deepest supply-demand market dynamics that gives investors the insights they need to move forward with confidence.
Positive
Zacks Investment Research
1 month ago
Transocean Strengthens Backlog With Equinor's Contract Extension
RIG secures $100M backlog boost as EQNR extends Transocean Spitsbergen rig deal into 2026.
Neutral
GlobeNewsWire
1 month ago
Transocean Ltd. Announces Exercise of $100 Million Option for Harsh Environment Semisubmersible
STEINHAUSEN, Switzerland, June 04, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that a two-well option was exercised for the Transocean Spitsbergen in Norway. The program is expected to commence in the first quarter of 2026 in direct continuation of the rig's current program and contribute approximately $100 million in backlog, excluding additional services.
Positive
24/7 Wall Street
1 month ago
4 Sizzling Stocks Rated Buy and Trading Under $10 That Everyone Knows
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
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