Companies /Energy

Transocean Ltd

NYSE: RIG Oil & Gas Drilling
$5.51
▼ $0.03 (−0.54%) today
Markets closed · 12:24am ET

24/7 Wall St. View

RIG at a Glance

Valuation
Market cap
$6.2B
Profitability
Revenue (TTM)
$4.1B
Profit margin
-40.2%
EPS (TTM)
$-1.60
Price
52-week range
$3 – $8
24/7 target
$6.53
Street target
$6.55
Earnings
Next report
Nov 4, 2026
Q2 2026 EPS
$0.03
vs. $0.01 est.
+127.3%

Headquartered in Turmstrasse 30, ZUG Fiscal year ends December NYSE: RIG deepwater.com

About Transocean

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells, specializing in technically demanding sectors of the global offshore drilling business with a focus on ultra-deepwater and harsh environment drilling services. The company owns or has partial ownership interests in and operates a fleet of 27 mobile offshore drilling units, consisting of 20 ultra-deepwater drillships and seven harsh environment semisubmersibles. Transocean operates what it describes as the highest specification floating offshore drilling fleet in the world, serving major oil and gas producers globally across regions including the U.S. Gulf of Mexico, Brazil, Norway, Australia, India, West Africa, and Romania. The company has a proposed business combination with Valaris Limited pending. Updated

Revenue by Segment · Q2 2026
  1. Ultra-deepwater floaters64%
  2. Harsh environment floaters36%

RIG Coverage

Frequently Asked Questions

What does Transocean do?

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells, specializing in technically demanding sectors of the global offshore drilling business with a focus on ultra-deepwater and harsh environment drilling services.

What is the RIG stock price target?

24/7 Wall St.'s 12-month price target for RIG is $6.53, rated Buy. The Wall Street consensus target is $6.55. RIG price prediction →