Transocean

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About RIG

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. 

CEO
Keelan I. Adamson
CEOKeelan I. Adamson
Employees
5,600
Employees5,600
Headquarters
Steinhausen, Zug
HeadquartersSteinhausen, Zug
Founded
1953
Founded1953
Employees
5,600
Employees5,600

RIG Key Statistics

Market cap
6.92B
Market cap6.92B
Price-Earnings ratio
-2.08
Price-Earnings ratio-2.08
Dividend yield
Dividend yield
Average volume
35.39M
Average volume35.39M
High today
$6.28
High today$6.28
Low today
$6.15
Low today$6.15
Open price
$6.20
Open price$6.20
Volume
26.96M
Volume26.96M
52 Week high
$7.66
52 Week high$7.66
52 Week low
$2.47
52 Week low$2.47

Stock Snapshot

Transocean(RIG) stock is priced at $6.18, giving the company a market capitalization of 6.92B. It carries a P/E multiple of -2.08.

During the trading session on 2026-05-31, Transocean(RIG) shares reached a daily high of $6.28 and a low of $6.15. At a current price of $6.18, the stock is +0.5% higher than the low and still -1.6% under the high.

Trading activity shows a volume of 26.96M, compared to an average daily volume of 35.39M.

Over the past 52 weeks, Transocean(RIG) stock has traded between a high of $7.66 and a low of $2.47.

Over the past 52 weeks, Transocean(RIG) stock has traded between a high of $7.66 and a low of $2.47.

RIG News

Simply Wall St 3d
Does Transoceanʼs Expanded Share Authorization Reveal a New Capital Allocation Playbook?

On May 22, 2026, Transocean’s shareholders in Zug approved amendments to its Articles of Association, authorizing the issuance of up to 240,801,936 new shares w...

Does Transoceanʼs Expanded Share Authorization Reveal a New Capital Allocation Playbook?
TipRanks 5d
Transocean Shareholders Approve Major Share Increase and Governance Changes

Unlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-co...

Simply Wall St 6d
Otway Acceleration Puts Transocean Equinox Utilization And Valuation In Focus

Amplitude Energy has accelerated the drilling schedule for the Transocean Equinox rig at the Artisan gas project in the Otway Basin. The updated plan brings fo...

Otway Acceleration Puts Transocean Equinox Utilization And Valuation In Focus

Analyst ratings

44%

of 16 ratings
Buy
25%
Hold
43.8%
Sell
31.3%

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