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Transocean (RIG)

(Delayed Data from NYSE)

$3.03 USD

3.03
38,890,981

+0.12 (4.12%)

Updated Aug 6, 2025 04:00 PM ET

After-Market: $3.04 +0.01 (0.33%) 4:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy23.75%
2Buy17.82%
3Hold9.58%
4Sell5.28%
5Strong Sell2.61%
S&P50011.30%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

  • Value Score A
  • Growth Score A
  • Momentum Score A
  • VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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C Value B Growth D Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 15% (210 out of 246)

Industry: Oil and Gas - Drilling

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Zacks News

Zacks Equity Research

Transocean's Rig Sets Sail for 10-Well Drilling Mission at Neptun Deep

by Zacks Equity Research

RIG's Transocean Barents rig sets sail for the Neptun Deep project in the Black Sea, marking a key step in Romania's largest offshore gas development.

Zacks Equity Research

Transocean Incurs Loss in Fourth Quarter, Misses on Revenues

by Zacks Equity Research

RIG expects first-quarter operating & maintenance expenses to be in the band of $610-$630 million. General & administrative expenses are anticipated to be in the $50-$55 million range.

Zacks Equity Research

Compared to Estimates, Transocean (RIG) Q4 Earnings: A Look at Key Metrics

by Zacks Equity Research

While the top- and bottom-line numbers for Transocean (RIG) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Zacks Equity Research

Transocean Secures $175M in New Contracts and Extensions

by Zacks Equity Research

RIG expands contract backlog with key deals from Reliance, Equinor and Woodside, strengthening its global presence.

Zacks Equity Research

Transocean to Report Q4 Earnings: What's in the Offing for the Stock?

by Zacks Equity Research

RIG is expected to report higher revenues from the year-ago period's level. Despite this revenue growth, it is expected to have faced increased costs and expenses.

Zacks Equity Research

These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar

by Zacks Equity Research

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Zacks Equity Research

Here's Why Transocean (RIG) is a Strong Value Stock

by Zacks Equity Research

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Zacks Equity Research

Here's Why Hold Strategy is Apt for Transocean Stock Now

by Zacks Equity Research

RIG's advanced fleet and strong backlog offer growth opportunities, but its high debt, underperformance against peers and market risks could affect profitability.

Nilanjan Choudhury headshot

Biden's Offshore Drilling Ban: Impacts and Industry Outlook

by Nilanjan Choudhury

The focus for the likes of RIG, SDRL and VAL will be on navigating this new era of restricted offshore activity.

Nilanjan Choudhury headshot

VAL, PTEN, RIG: 3 Oil & Gas Drilling Stocks Holding Promise

by Nilanjan Choudhury

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN.

Zacks Equity Research

Nabors Declines 21% in 3 Months: Should You Buy the Stock?

by Zacks Equity Research

NBR faces challenges with high debt, declining U.S. drilling revenues, heavy capital expenditures and market volatility, limiting its growth and shareholder returns.

Zacks Equity Research

Transocean Secures $111M Contract Extension From Reliance Industries

by Zacks Equity Research

RIG secures a contract extension for its ultra-deepwater drillship project, boosting its backlog and emphasizing the demand for deepwater drilling services.

Zacks Equity Research

Why Is Transocean (RIG) Down 0.9% Since Last Earnings Report?

by Zacks Equity Research

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Zacks Equity Research

Transocean's Q3 Earnings Improve Y/Y, Sales Beat Estimates

by Zacks Equity Research

RIG expects fourth-quarter operating and maintenance expenses of about $585 million and G&A expenses between $50 million and $55 million.

Zacks Equity Research

Transocean (RIG) Reports Break-Even Earnings for Q3

by Zacks Equity Research

Transocean (RIG) delivered earnings and revenue surprises of 100% and 1.26%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Will Transocean and Seadrill Merge Amid Offshore Expansion?

by Zacks Equity Research

As offshore investment rebounds, RIG and SDRL eye a merger to leverage deepwater prospects and capitalize on the recent oil and gas discoveries.

Zacks Equity Research

Transocean (RIG) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release

by Zacks Equity Research

Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Equity Research

Nabors Industries (NBR) Reports Q3 Loss, Lags Revenue Estimates

by Zacks Equity Research

Nabors (NBR) delivered earnings and revenue surprises of -93.64% and 2.46%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks Equity Research

Transocean Inks $193M Ultra-Deepwater Drillship Contract

by Zacks Equity Research

RIG lands a new contract with an undisclosed operator in the US Gulf of Mexico for the Deepwater Conqueror drillship.

Zacks Equity Research

Why Hold Strategy Makes Sense for Nabors Industries Right Now

by Zacks Equity Research

NBR offers an appealing valuation with strong cash generation. Yet, high debt, market fluctuations and geopolitical risks should temper investors' enthusiasm.

Zacks Equity Research

Transocean Secures New Drilling Assignment in the Gulf of Mexico

by Zacks Equity Research

Work related to RIG's new eighth-generation drillship, Deepwater Atlas, is expected to begin in the second quarter of 2028.

Zacks Equity Research

Equinor Discovers New Gas in Norwegian Waters With Transocean Rig

by Zacks Equity Research

EQNR and its partners make a new gas and condensate discovery in the Norwegian Sea, using Transocean's Spitsbergen rig. This helps boost development plans for the Lavrans field.

Zacks Equity Research

Transocean Secures $123 Million Offshore Drilling Contract in India

by Zacks Equity Research

RIG wins a 300-day drilling contract with Reliance Industries for the Dhirubhai Deepwater KG1 project in India, valued at approximately $123 million.

Zacks Equity Research

Transocean to Sell Two Drillships to Optimize Asset Portfolio

by Zacks Equity Research

RIG plans to sell the Development Driller III and Discoverer Inspiration drillships for $342 million, aiming to reduce debt and optimize its portfolio.

Zacks Equity Research

Transocean (RIG) Down 13.2% Since Last Earnings Report: Can It Rebound?

by Zacks Equity Research

Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.