$6.55+0.15 (+2.34%)
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.
Transocean Ltd. in the Energy sector is trading at $6.55. The stock is currently near its 52-week high of $7.14, remaining 42.7% above its 200-day moving average. Technical signals show neutral RSI of 61 and bearish MACD signal, explaining why RIG maintains its current momentum and trend strength. The Whystock Score of 85/100 reflects a high-conviction bullish alignment.
Simplified model based on P/E and ROE. Not a substitute for full valuation analysis. Data may be delayed. See our Terms.
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally. The company contracts mobile offshore drilling rigs, related equipment, and work crews to drill oi...
Transocean Ltd. (NYSE:RIG) is included among the 10 Best Energy Stocks to Buy Under $20 According to Billionaires. Transocean Ltd. (NYSE:RIG) is a leading international provider of offshore contract drilling services for oil and gas wells. Transocean Ltd. (NYSE:RIG) slid after reporting its Q1 2026 results on May 4, with the company’s adjusted loss per […]
Investing.com -- Barclays has upgraded its energy services industry view to Positive, arguing that the Middle East supply shock will prove to be a market-defining event that drives structurally higher oil prices and a multiyear upstream spending cycle.
RIG expects second-quarter 2026 contract drilling revenues in the range of $930-$970 million and fleet-wide revenue efficiency of 96.5%.
Why Transocean’s latest quarter is attracting attention Transocean (RIG) just posted first quarter 2026 results, with contract drilling revenue and adjusted EBITDA margin above analyst forecasts, record average daily revenue in over a decade, and roughly US$1.6b of new or extended contracts. See our latest analysis for Transocean. Despite the strong first quarter report and US$1.6b of new contracts, investors have turned cautious in the short term, with a 1-day share price return of 9.16%...
Next, I will provide some market updates, including a few thoughts on the impact of events in the Middle East on our business. In Brazil, three of our ultra-deepwater ships—two sixth gen and one seventh gen—were awarded contract extensions by Petrobras.