CSIMarket
 

Transocean ltd  (RIG)
Other Ticker:  
 

Transocean Ltd's

Competitiveness


 

RIG Sales vs. its Competitors Q3 2024



Comparing the current results to its competitors, Transocean Ltd reported Revenue increase in the 3 quarter 2024 by 32.96 % year on year.
The sales growth was above Transocean Ltd's competitors' average revenue growth of 7.48 %, achieved in the same quarter.

List of RIG Competitors





Revenue Growth Comparisons




Net Income Comparison


Transocean ltd, slower than the average decrease reported by the company's competitors of -32.31 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -32.31 %

<<  RIG Stock Performance Comparisons



  

Overall company Market Share Q3 2024

Due to strong revenue growth of 32.96 % in Overall company Transocean ltd improved its market share, to approximately 4 %.


<<  More on RIG Market Share.
 
*Market share is calculated based on total revenue.

  News about Transocean ltd Contracts

In a significant advancement within the offshore drilling sector, Transocean Ltd. has announced a landmark ...

September 10, 2024
'Transocean Secures Major Contract with BP for Deepwater Atlas: A $232 Million Boost for Gulf of Mexico Operations'In a significant advancement within the offshore drilling sector, Transocean Ltd. has announced a landmark contract that underscores its strategic role in the energy industry. On September 10, 2024, the Switzerland-based company revealed a 365-day contract for its ultra-deepwater drillship, the 'Deepwater Atlas', with BP in the U.S. Gulf of Mexico.This lucrative contract is expected to commence in the second quarter of 2028, reflecting a growing confidence in Transocean?s ability to meet the intricate demands of deepwater drilling for major energy players. With an estimated contribution of appro...

Transocean Secures $123 Million Ultra-Deepwater Drillship Contract with Reliance Industries Offshore India,

September 4, 2024
Transocean Ltd. has announced a significant new contract, enhancing its position in the offshore drilling sector. The company, headquartered in Steinhausen, Switzerland, revealed on September 4, 2024, that Reliance Industries Limited has awarded a binding Letter of Award for the ultra-deepwater drillship, 'Dhirubhai Deepwater KG1'. The contract entails a comprehensive program involving drilling operations on six wells located offshore India.The anticipated drilling program is projected to span approximately 300 days, with operations set to commence in the second quarter of 2026. This major contract is expected to add around $123 million to Transocean?s backlog, excluding any additional operational services a...

Transocean Strikes $531 Million Deal with BP, Strengthening Offshore Drilling Footprint

July 31, 2024
Transocean Ltd., a leading offshore drilling contractor based in Steinhausen, Switzerland, has announced a significant contract with BP for its ultra-deepwater drillship, the Deepwater Invictus. The contract, valued at approximately $531 million, spans 1,095 days and is set to commence in the first quarter of 2025. This agreement not only reinforces Transocean's position in the offshore drilling sector but also highlights the increasing activity in the U.S. Gulf of Mexico.The Deepwater Invictus contract adds to Transocean's existing financial stability, contributing substantial backlog, which does not include potential additional services and a mobilization fee. The firm backlog indicates ongoing confidence ...

title Transocean Ltd Surges Ahead with Strong Financial Results and Market Share Growth in Q1 2024.

July 24, 2024
Transocean Ltd Demonstrates Strong Quarterly Performance and Gains Market Share in the Oil and Gas IndustryTransocean Ltd, a leading offshore drilling contractor, has recently released its quarterly Fleet Status Report, providing an overview of the company's current fleet and contract information. The report also highlights impressive financial results, showcasing Transocean's revenue growth and profitability compared to its competitors in the first quarter of 2024.In the first quarter of 2024, Transocean Ltd reported a remarkable revenue increase of 17.57% year on year. This growth surpassed the average revenue growth of its competitors, which stood at 12.02% during the same period. The substantial revenue ...

Transocean Ltd. Experiences Impressive Revenue Growth Amidst Challenging Financial Quarter

April 17, 2024
Transocean...





Publicly Traded Peers of Transocean ltd




Diamond Offshore Drilling Inc
Share Performance



-5.54%
This Quarter



Diamond Offshore Drilling Inc
Profile

Diamond Offshore Drilling Inc's business model revolves around providing offshore drilling services and solutions to the global oil and gas industry.

More about Diamond Offshore Drilling Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,470.181 mill. $ 1,070.091 mill. $ -269.779 mill.


Nabors Industries Ltd
Share Performance



-1.18%
Over The Past 5 Days



Nabors Industries Ltd
Profile

Nabors Industries Ltd operates as a global provider of drilling and drilling-related services for the oil and gas industry. The company offers a comprehensive range of drilling solutions, including drilling rigs, equipment, and software technologies, as well as services such as wellbore placement, reservoir navigation, and rig management. Nabors' business model involves serving oil and gas companies by delivering efficient drilling solutions that maximize productivity and optimize cost-effectiveness in various drilling operations worldwide.

More about Nabors Industries Ltd's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 662.996 mill. $ 2,928.277 mill. $ -49.418 mill.


Noble Corporation Plc
Share Performance



-32.27%
This Quarter



Noble Corporation Plc
Profile

Noble Corporation Plc operates in the offshore drilling industry, providing contract drilling services for oil and gas companies worldwide.

More about Noble Corporation Plc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,653.997 mill. $ 2,974.539 mill. $ 672.990 mill.


Halliburton Company
Share Performance



-31.81%
One Year



Halliburton Company
Profile

Halliburton Companys business model focuses on delivering comprehensive solutions and innovative technologies for the oil and gas industry, encompassing a wide range of services from exploration and drilling to production and asset management. By leveraging its expertise and advanced technologies, Halliburton aims to enhance operational efficiency and optimize resource extraction for clients across the globe.

More about Halliburton Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 0.025 mill. $ 23,180.000 mill. $ 2,713.000 mill.


Nov Inc
Share Performance



-1.43%
Over The Past 5 Days



Nov Inc
Profile

Nov Inc operates as a software development company, offering innovative solutions to enhance business operations. Their business model focuses on selling software products and services, generating revenue through sales, licensing, and subscription fees.

More about Nov Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,992.150 mill. $ 8,935.000 mill. $ 1,056.000 mill.


Loews Corp
Share Performance



+12.50%
This Year



Loews Corp
Profile

Loews Corp operates as a diversified holding company with a focus on three main business sectors: insurance through its subsidiary CNA Financial, energy through its involvement in offshore oil and gas drilling via Loews Oil & Gas, and hospitality through its ownership and operation of the Loews Hotels brand. The company leverages synergies between its business units, aiming for diversified revenue streams and risk management. By maintaining a strong balance sheet and investing in strategic growth opportunities, Loews Corp seeks to maximize value for its shareholders.

More about Loews Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,566.232 mill. $ 16,682.000 mill. $ 1,633.000 mill.


Dover Corp
Share Performance



-1.74%
Over The Past 5 Days



Dover Corp
Profile

Dover Corporations business model focuses on delivering specialized products and solutions across multiple industries, leveraging its diverse operating segments to meet customer needs and drive innovation.

More about Dover Corp's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 26,139.352 mill. $ 8,359.518 mill. $ 3,425.137 mill.


Helmerich and Payne inc
Share Performance



-9.53%
This Year



Helmerich and Payne inc
Profile

Helmerich and Payne Inc. is a contract drilling company that operates primarily in the oil and gas industry. Their business model focuses on providing drilling services through the use of technologically advanced rigs and equipment. They generate revenue by entering into long-term contracts with exploration and production companies, offering drilling services from exploration to production phases.

More about Helmerich and Payne inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,260.301 mill. $ 2,722.420 mill. $ 346.311 mill.


Schlumberger Limited
Share Performance



-14.79%
This Quarter



Schlumberger Limited
Profile

Schlumberger Limiteds business model revolves around providing advanced technologies and services to the oil and gas sector. They focus on enhancing exploration, development, production, and reservoir management through innovation and specialized expertise, serving a global client base in the energy industry.

More about Schlumberger Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 56,936.320 mill. $ 35,995.000 mill. $ 4,609.000 mill.


Baker Hughes Company
Share Performance



+12.23%
This Year



Baker Hughes Company
Profile

Baker Hughes Company is a multinational energy technology firm that supplies equipment, services, and digital solutions across the oil and gas industry. Their business model encompasses the upstream, midstream, and downstream sectors, offering products for exploration, drilling, completion, and production activities.

More about Baker Hughes Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 37,882.182 mill. $ 27,299.000 mill. $ 2,269.000 mill.


Matson inc
Share Performance



+16.19%
Over The Past 5 Days



Matson inc
Profile

Matson Inc operates as a transportation company that specializes in ocean cargo. It provides shipping services to various industries by owning and operating a fleet of containerships and logistics services, ensuring efficient transportation of goods across the Pacific.

More about Matson inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,235.282 mill. $ 3,320.400 mill. $ 410.800 mill.


Newpark Resources Inc
Share Performance



-8.26%
One Year



Newpark Resources Inc
Profile

Newpark Resources Inc operates as an oil and gas industry supplier, providing innovative products, services, and solutions to enhance drilling operations and environmental protection.

More about Newpark Resources Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 594.960 mill. $ 714.430 mill. $ 22.527 mill.


Oil States International Inc
Share Performance



-29.51%
This Year



Oil States International Inc
Profile

Oil States International Inc operates as a global provider of services and products to the oil and gas industry. Their business model revolves around offering a comprehensive range of integrated solutions and equipment across various stages of the oil and gas lifecycle. These solutions include well site services, offshore products, and tubular services, catering to exploration, production, and infrastructure needs of their customers worldwide.

More about Oil States International Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 293.657 mill. $ 736.259 mill. $ -20.459 mill.


Barnwell Industries inc
Share Performance



-23.69%
One Year



Barnwell Industries inc
Profile

Barnwell Industries Inc is an energy and natural resources exploration company. They focus on the acquisition, development, and production of oil and natural gas reserves. Additionally, they engage in real estate activities such as owning, leasing, and managing properties.

More about Barnwell Industries inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 19.053 mill. $ 24.300 mill. $ -3.516 mill.


Independence Contract Drilling inc
Share Performance



-79.66%
One Year



Independence Contract Drilling inc
Profile

Independence Contract Drilling Inc's business model focuses on providing contract land drilling services to oil and natural gas exploration and production companies.

More about Independence Contract Drilling inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 8.506 mill. $ 179.957 mill. $ -59.251 mill.


Lineage Inc
Share Performance



-2.48%
30 Days



Lineage Inc
Profile

Roan Resources, Inc. is an energy company that operates in the exploration, development, and production of unconventional oil and natural gas reserves. Its business model focuses on leveraging advanced drilling and completion techniques, along with strategic acquisitions, to drive growth and maximize the value of its mineral assets.

More about Lineage Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,994.480 mill. $ 1,620.126 mill. $ -91.515 mill.


Patterson uti Energy Inc
Share Performance



-30.21%
This Quarter



Patterson uti Energy Inc
Profile

Patterson-UTI Energy Inc. operates as a provider of onshore drilling services and related equipment for oil and natural gas companies. Their business model is centered around offering drilling solutions, including rigs, directional drilling services, and pressure pumping services, to help their clients extract and produce energy resources. They aim to leverage their extensive fleet and expertise to deliver efficient and high-quality drilling services, contributing to the growth and success of energy companies in the United States.

More about Patterson uti Energy Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,004.584 mill. $ 5,800.093 mill. $ -853.069 mill.


Superior Drilling Products Inc
Share Performance



-17.89%
30 Days



Superior Drilling Products Inc
Profile

Superior Drilling Products Inc's business model revolves around providing innovative drilling solutions and products to the oil and gas industry. They focus on developing and manufacturing tools that enhance drilling efficiency, productivity, and safety.

More about Superior Drilling Products Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 30.695 mill. $ 19.639 mill. $ 4.100 mill.


Vantage Drilling International
Share Performance



0.00%
30 Days



Vantage Drilling International
Profile

Vantage Drilling International operates as an offshore drilling contractor providing drilling services for oil and gas companies worldwide. The company's business model revolves around offering high-quality and efficient drilling solutions, utilizing a modern and diversified fleet of drilling rigs. Vantage Drilling International aims to establish long-term relationships with its clients by consistently delivering safe and cost-effective drilling operations.

More about Vantage Drilling International's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 332.059 mill. $ -39.077 mill.




Sources: Transocean ltd and all companies mentioned above in this report


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com