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 7,425 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
57% more first-time investments, than exits
New positions opened: 88 | Existing positions closed: 56
50% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]
29% more call options, than puts
Call options by funds: $96.4M | Put options by funds: $74.9M
5% more funds holding
Funds holding: 420 [Q3] → 441 (+21) [Q4]
0.49% more ownership
Funds ownership: 69.13% [Q3] → 69.62% (+0.49%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 127
11% less capital invested
Capital invested by funds: $2.57B [Q3] → $2.29B (-$283M) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3.50
26%
upside
Avg. target
$3.75
35%
upside
High target
$4
44%
upside
4 analyst ratings
2 positive
50%
2 neutral
50%
0 negative
0%
Susquehanna Charles Minervino 63% 1-year accuracy 42 / 67 met price target | 44%upside $4 | Positive Maintained | 14 Apr 2025 |
Barclays David Anderson 38% 1-year accuracy 33 / 88 met price target | 26%upside $3.50 | Overweight Maintained | 7 Apr 2025 |
Morgan Stanley Daniel Kutz 80% 1-year accuracy 4 / 5 met price target | 44%upside $4 | Equal-Weight Maintained | 27 Mar 2025 |
Citigroup Scott Gruber 41% 1-year accuracy 31 / 76 met price target | 26%upside $3.50 | Neutral Maintained | 19 Mar 2025 |
Financial journalist opinion
Based on 13 articles about RIG published over the past 30 days
Neutral
Zacks Investment Research
1 day ago
Transocean's Deepwater Invictus Begins Offshore Drilling for BP
RIG's ultra-deepwater rig begins drilling for BP in the Gulf of America under a 3-year contract worth over $500 million.
Positive
MarketBeat
2 days ago
BP Buyout Buzz Puts Spotlight on Transocean's Comeback Potential
There are some uncommon ways to time the financial markets. Still, when these signs show up, investors can gain an unfair advantage over most other participants if they know what to look for and how to read them.
Neutral
Seeking Alpha
4 days ago
Transocean Stock Is Dirt-Cheap Thanks To Trump's Tariffs
Transocean's stock is undervalued due to geopolitical factors and oil price corrections, despite positive financial trends and a leading industry position. Recent fleet status reports show a stable backlog and sound contract dayrates, indicating resilience in the deepwater sector despite economic uncertainties. The company's Q1 2025 earnings were in line with expectations, with a slight decrease in EBITDA and sales, but a notable reduction in long-term liabilities.
Positive
Seeking Alpha
5 days ago
Transocean: Largest Customer Turning To Competition - Hold
Transocean reported Q1/2025 results slightly ahead of expectations and provided second quarter guidance in line with consensus estimates. While management largely reiterated full-year expectations, year-end liquidity guidance was raised by $100 million due to a combination of lower capital expenditures and anticipated cost savings. Competitor Noble Corporation will replace two of Transocean's drillships in the U.S. Gulf following the end of their initial ten-year contracts with Shell next year.
Negative
Zacks Investment Research
2 weeks ago
Transocean Loss Narrower Than Estimates in Q1, Revenues Beat
RIG reports a loss in the first quarter due to higher costs and expenses.
Negative
The Motley Fool
2 weeks ago
Why Transocean Stock Lost Over 3% of its Value Today
The stock of offshore oil drilling specialist Transocean (RIG -4.98%) wasn't exactly a hot item on the market Tuesday. The company's latest quarterly earnings report was published after market close the day before, and investors subsequently expressed their displeasure by trading the stock down by more than 3%.
Neutral
Seeking Alpha
2 weeks ago
Transocean Ltd. (RIG) Q1 2025 Earnings Call Transcript
Transocean Ltd. (NYSE:RIG ) Q1 2025 Earnings Conference Call April 29, 2025 10:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Jeremy Thigpen - Chief Executive Officer Keelan Adamson - President and Chief Operating Officer Thaddeus Vayda - Executive Vice President and Chief Financial Officer Roddie Mackenzie - Executive Vice President and Chief Commercial Officer Conference Call Participants Eddie Kim - Barclays Arun Jayaram - JPMorgan Fredrik Stene - Clarkson Securities Noel Parks - Tuohy Brothers Operator Good day, everyone, and welcome to the Q1 2025 Transocean Earnings Call.
Negative
Zacks Investment Research
2 weeks ago
Transocean (RIG) Reports Q1 Loss, Tops Revenue Estimates
Transocean (RIG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.03 per share a year ago.
Neutral
GlobeNewsWire
2 weeks ago
Transocean Ltd. Reports First Quarter 2025 Results
STEINHAUSEN, Switzerland, April 28, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $79 million, or loss of $0.11 per diluted share, for the three months ended March 31, 2025.
Positive
Zacks Investment Research
2 weeks ago
Transocean to Report Q1 Earnings: What's in the Offing for the Stock?
RIG is expected to have earned higher revenues than the year-ago level. Despite this revenue growth, it is likely to have faced increased costs and expenses during the first quarter.
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