Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.
CEO: Keelan I. Adamson. Company website
Transocean Ltd. (RIG) trades at $5.64, down 0.35% on the day, as of Sep 20, 2026 14:59 UTC.
Transocean Ltd. has a market capitalisation of $5.73B, calculated from the live RIG share price and shares outstanding.
RIG has no meaningful price-to-earnings ratio: Transocean Ltd. lost $1.83 per share over the last twelve months, and a P/E is only defined on positive earnings.
Transocean Ltd. generated revenue of $4.12B over the trailing twelve months, which puts the stock at 1.39 times sales.
RIG has traded between $3.03 and $7.66 over the past 52 weeks, and the last price is 26.4% below that high.
No. Transocean Ltd. is loss-making, with a net margin of -40.24% over the trailing twelve months.
Wall Street analysts rate RIG Buy, with an average price target of $7.00, 24.1% above the current price.
Transocean Ltd. is classified under the Energy sector and the Oil & Gas Drilling industry, and is domiciled in CH.
Keelan I. Adamson is the chief executive of Transocean Ltd., which employs 5,220 people.
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