Transocean LTD. (RIG) is a publicly traded Energy sector company. As of May 21, 2026, RIG trades at $7.34 with a market cap of $8.46B and a P/E ratio of -2.61. RIG moved -1.61% today. Year to date, RIG is +70.30%; over the trailing twelve months it is +187.84%. Its 52-week range spans $1.97 to $7.66. Analyst consensus is buy with an average price target of $7.48. Rallies surfaces RIG's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Transocean Cited Among Five Firms for Deepwater Dayrate Gains Above $200K: Transocean is highlighted among five oilfield services firms poised to benefit from increased offshore drilling demand as operators reroute cargo away from the Strait of Hormuz. Its ultra-deepwater rig fleet is expected to command dayrates above $200,000, supporting revenue growth this year.
| Metric | Value |
|---|---|
| Price | $7.34 |
| Market Cap | $8.46B |
| P/E Ratio | -2.61 |
| EPS | $-2.81 |
| Dividend Yield | 0.15% |
| 52-Week High | $7.66 |
| 52-Week Low | $1.97 |
| Volume | 28.79M |
| Avg Volume | 0 |
| Revenue (TTM) | $4.14B |
| Net Income | $-2.77B |
| Gross Margin | 42.17% |
6 analysts cover RIG: 0 strong buy, 3 buy, 3 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $7.48.