Transocean Stock Today

RIG
 Stock
  

USD 3.86  0.11  2.77%   

Market Performance
3 of 100
Odds Of Distress
Less than 12
Transocean is trading at 3.86 as of the 7th of December 2022, a -2.77% down since the beginning of the trading day. The stock's lowest day price was 3.78. Transocean has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Transocean are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of December 2021 and ending today, the 7th of December 2022. Click here to learn more.
CUSIP
G90076103
Fiscal Year End
December
Business Domain
Energy
IPO Date
27th of May 1993
Category
Energy
Classification
Energy
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company was founded in 1926 and is based in Steinhausen, Switzerland. Transocean operates under Oil And Gas Drilling And Exploration classification in the United States and is traded on New York Stock Exchange. The company has 721.89 M outstanding shares of which 116.27 M shares are at this time shorted by investors with about 4.34 days to cover. More on Transocean

Moving together with Transocean

+0.9CHXChampionX Sell-off TrendPairCorr
+0.75EURNEuronav NV Downward RallyPairCorr
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores

Transocean Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Transocean's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Transocean or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Transocean has very high historical volatility over the last 90 days
The company reported the last year's revenue of 2.56 B. Reported Net Loss for the year was (591 M) with profit before taxes, overhead, and interest of 871 M.
About 58.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: 3 Penny Stocks to Take Seriously in 2023 - InvestorPlace
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Transocean's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Transocean's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOJeremy Thigpen
Thematic IdeaOil And Gas (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Transocean report their recommendations after researching Transocean's financial statements, talking to executives and customers, or listening in on Transocean's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Transocean. The Transocean consensus assessment is calculated by taking the average forecast from all of the analysts covering Transocean.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Transocean based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Transocean financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted303.7 M326.7 M
Significantly Down
Decreasing
Very volatile
Weighted Average Shares302.5 M326.7 M
Significantly Down
Increasing
Very volatile
Return on Average Assets0.02920.027
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations2.6 B3.1 B
Fairly Down
Increasing
Slightly volatile
Current Liabilities2.5 B2.4 B
Sufficiently Up
Decreasing
Slightly volatile
Total Liabilities10.4 B10.4 B
Slightly Up
Decreasing
Slightly volatile
Gross Margin0.470.54
Fairly Down
Increasing
Slightly volatile
Total Debt7.7 B7.6 B
Slightly Up
Decreasing
Slightly volatile
Asset Turnover0.250.25
Steady
Increasing
Slightly volatile
Current AssetsB4.3 B
Notably Down
Decreasing
Slightly volatile
Total Assets23 B23.7 B
Sufficiently Down
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Transocean's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Financial Strength
Transocean's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Transocean's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Transocean's financial leverage. It provides some insight into what part of Transocean's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Transocean's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Transocean deploys its capital and how much of that capital is borrowed.
Liquidity
Transocean cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 6.66 B in debt with debt to equity (D/E) ratio of 0.64, which is OK given its current industry classification. Transocean has a current ratio of 1.61, which is typical for the industry and considered as normal. Debt can assist Transocean until it has trouble settling it off, either with new capital or with free cash flow. So, Transocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Transocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Transocean to invest in growth at high rates of return. When we think about Transocean's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

2.6 Billion
Transocean (RIG) is traded on New York Stock Exchange in USA and employs 5,000 people. Transocean is listed under Energy Equipment & Services category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Transocean's market, we take the total number of its shares issued and multiply it by Transocean's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Transocean runs under Energy Equipment & Services sector within Energy industry. The entity has 721.89 M outstanding shares of which 116.27 M shares are at this time shorted by investors with about 4.34 days to cover. Transocean has about 976 M in cash with 575 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.32.
Check Transocean Probability Of Bankruptcy
Ownership
Transocean shows a total of seven hundred twenty-one million eight hundred eighty-eight thousand outstanding shares. Over half of Transocean outstanding shares are owned by institutional holders. These institutional holders are typically referred to corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Transocean. Please watch out for any change in the institutional holdings of Transocean as this could mean something significant has changed or about to change at the company. Please note that no matter how much assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Transocean Ownership Details

Transocean Stock Price Odds Analysis

What are Transocean's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Transocean jumping above the current price in 90 days from now is about 27.09%. The Transocean probability density function shows the probability of Transocean stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.8494 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Transocean will likely underperform. Additionally, the company has an alpha of 0.1078, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 3.86HorizonTargetOdds Above 3.86
72.82%90 days
 3.86 
27.09%
Based on a normal probability distribution, the odds of Transocean to move above the current price in 90 days from now is about 27.09 (This Transocean probability density function shows the probability of Transocean Stock to fall within a particular range of prices over 90 days) .

Transocean Historical Income Statement

Transocean Income Statement is one of the three primary financial statements used for reporting Transocean's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Transocean revenue and expense. Transocean Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Transocean Cost of Revenue is projected to decrease significantly based on the last few years of reporting. The past year's Cost of Revenue was at 2.66 Billion. The current year Net Income is expected to grow to about 981.5 M, whereas Gross Profit is forecasted to decline to about 3.4 B. View More Fundamentals

Transocean Stock Against Markets

Picking the right benchmark for Transocean stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Transocean stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Transocean is critical whether you are bullish or bearish towards Transocean at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Transocean without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Transocean Corporate Directors

Transocean corporate directors refer to members of a Transocean board of directors. The board of directors generally takes responsibility for the Transocean's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Transocean's board members must vote for the resolution. The Transocean board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Martin McNamara - Independent DirectorProfile
Frederico Curado - Independent DirectorProfile
Merrill Miller - Independent DirectorProfile
Vincent Intrieri - Independent DirectorProfile

Invested in Transocean?

The danger of trading Transocean is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Transocean is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Transocean. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Transocean is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, take a look at Your Equity Center. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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When running Transocean price analysis, check to measure Transocean's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Transocean is operating at the current time. Most of Transocean's value examination focuses on studying past and present price action to predict the probability of Transocean's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Transocean's price. Additionally, you may evaluate how the addition of Transocean to your portfolios can decrease your overall portfolio volatility.
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Is Transocean's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Transocean. If investors know Transocean will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Transocean listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
2.8 B
Quarterly Revenue Growth YOY
0.104
Return On Assets
0.0004
Return On Equity
(0.0472) 
The market value of Transocean is measured differently than its book value, which is the value of Transocean that is recorded on the company's balance sheet. Investors also form their own opinion of Transocean's value that differs from its market value or its book value, called intrinsic value, which is Transocean's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Transocean's market value can be influenced by many factors that don't directly affect Transocean's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Transocean's value and its price as these two are different measures arrived at by different means. Investors typically determine Transocean value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Transocean's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.