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Transocean ltd (NYSE: RIG) |
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Price: $5.8500
$-0.17 
-2.824%
|
| Day's High:
| $5.960000038146973
| Week Perf:
| 0.69 %
|
| Day's Low: |
$ 5.77 |
30 Day Perf: |
13.37 % |
| Volume (M): |
38,785,695 |
52 Wk High: |
$ 7.66 |
| Volume (M$): |
$ 0 |
52 Wk Avg: |
$5.15 |
| Open: |
$5.96 |
52 Wk Low: |
$3.01 |
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| Market Capitalization (Millions $) |
7,032 |
| Shares
Outstanding (Millions) |
1,202 |
| Employees |
5,600 |
| Revenues (TTM) (Millions $) |
4,118 |
| Net Income (TTM) (Millions $) |
-1,531 |
| Cash Flow (TTM) (Millions $) |
-157 |
| Capital Exp. (TTM) (Millions $) |
91 |
Business Description
Transocean'Inc.,'is'a'leading'international'provider'of'offshore'contract drilling
services'for'oil'and'gas'wells.'As of March 1, 2004, we owned, had partial ownership'
interests in or operated 96 mobile offshore drilling units, excluding the'fleet
of TODCO,'a'publicly traded drilling company in which'we'own'a'majority interest.
As of this date, our fleet consisted of 32 High-Specification'semisubmersibles'
and'drillships'("floaters"),'26'Other Floaters,'26'Jackup Rigs and 12
Other Rigs.
Our mobile offshore drilling fleet is considered one of the most modern and
versatile'fleets'in'the'world.'Our'primary'business'is to contract these drilling'
rigs, related equipment and work crews primarily on a dayrate basis to drill'
oil and gas wells. We specialize in technically demanding segments of the offshore'
drilling'business'with'a'particular'focus'on deepwater and harsh environment'
drilling'services.'We also provide additional services, including management'
of'third'party'well'service'activities.
DRILLING'FLEET
We principally use three types of drilling rigs:
-'drillships;
-'semisubmersibles;'and
-'jackups.
Also'included'in'our'fleet'are'barge drilling rigs, tenders, a mobile offshore'
production unit, a platform drilling rig and a land rig. TODCOs fleet consists'
of'jackups,'barge drilling rigs, submersibles, land drilling rigs, a platform'
rig'and'lake'barges.
Most'of'our'drilling'equipment'is'suitable'for'both exploration and development
drilling, and we normally engage in both types of drilling activity.
Likewise, most of our drilling rigs are mobile and can be moved to new locations
in'response'to'client'demand.'All of our mobile offshore drilling units are
designed'for'operations'away'from port for extended periods of time and most
have'living quarters for the crews, a helicopter landing deck and storage space
for'pipe'and'drilling'supplies.
Our'operations are geographically dispersed in oil and gas exploration and development'
areas'throughout'the'world. Rigs can be moved from one region to another, but
the cost of moving a rig and the availability of rig-moving vessels may'cause'
the'supply'and'demand'balance'to vary somewhat between regions. However,'significant'
variations between regions do not tend to exist long-term because'of'rig mobility.
Consequently, we operate in a single, global offshore drilling'market. Because
our drilling rigs are mobile assets and are able to be moved'according'to'prevailing'
market'conditions,'we'cannot'predict'the percentage'of'our'revenues that will
be derived from particular geographic or political'areas'in'future'periods.
The'offshore'contract'drilling'market'remains'highly'competitive and cyclical,'
and'it'has'been'historically'difficult to forecast future market conditions.'
Extraneous'risks'include'declines'in oil and/or gas prices that reduce'rig demand
and adversely affect utilization and dayrates. Major operator and national oil
company capital budgets are key drivers of the overall business climate,'and'
these'may'change'within a fiscal year depending on exploration results'and'other'
factors.'Additionally,'increased'competition'for'our customers'drilling'budgets'
could'come'from,'among other areas, land-based energy'markets in Russia, other
former Soviet Union states and the Middle East.
Company Address: Turmstrasse 30 Steinhausen 6312
Company Phone Number: 749-0500 Stock Exchange / Ticker: NYSE RIG
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Customers Net Income grew by |
RIG's Customers Net Profit Margin grew to |
57.29 % |
22.6 %
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| Product Service News
Published Thu, Jun 5 2025 10:04 AM UTC
Transocean Ltd. Defies Industry Trends with Strategic Growth and Robust Contracts In a significant expansion of its business arsenal, Transocean Ltd. (NYSE: RIG) recently announced the exercise of a $100 million option for its harsh environment semisubmersible rig, the Transocean Spitsbergen. Scheduled to commence in the first quarter of 2026, this two-well program will tak...
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| Announcement
Published Mon, Feb 24 2025 6:18 PM UTC
Transocean Ltd. Faces Financial Headwinds as Shareholders Consider Legal Action Amidst Rising Operational Costs In recent developments, Transocean Ltd. (NYSE: RIG) has found itself at the center of a potential class action lawsuit as shareholders, who have borne financial losses, are urged to take action through Levi & Korsinsky, LLP. As investors seek to navigate the comple...
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| Announcement
Published Fri, Feb 21 2025 8:27 PM UTC
Transocean s Financial Resilience Amid Class Action Concerns: A Comparative Analysis In a notable development for Transocean Ltd. (NYSE: RIG), investors are being alerted to a pending class action securities lawsuit, with a lead plaintiff deadline set for February 24, 2025, as announced by Levi & Korsinsky, LLP. This legal action may be causing some trepidation among shareho...
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| Announcement
Published Tue, Jan 7 2025 5:41 PM UTC
In a striking development within the oil and gas drilling sector, The Gross Law Firm has recently announced a class action lawsuit against Transocean Ltd. (NYSE: RIG), with a deadline set for February 24, 2025, for shareholders to come forward. This legal action has emerged amidst a backdrop of significant revenue growth for the company, raising eyebrows and prompting a clos...
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| Contract
Published Sat, Dec 28 2024 7:30 PM UTC
Transocean Ltd. Expands Global Footprint with Major Contracts: A Look at Recent Developments in Deepwater DrillingTransocean Ltd. a frontrunner in the offshore drilling industry, is making strides to bolster its presence in the ultra-deepwater drilling sector. The company has recently secured significant contracts that not only enhance its backlog but also reaffirm its stra...
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Fundamental Analysis
| Per Share |
Current |
| Earnings (TTM) |
-1.84 $ |
| Revenues (TTM) |
3.43 $
|
| Cash Flow (TTM) |
- |
| Cash |
0.66 $
|
| Book Value |
6.96 $
|
| Dividend (TTM) |
0 $ |
| Efficiency
|
Current |
| Revenue per Employee
(TTM) |
735,357 |
| Net
Income per Employee (TTM) |
-273,393 |
| Receivable Turnover Ratio (TTM) |
6.99 |
| Inventory Turnover Ratio (TTM) |
- |
| Asset Turnover Ratio (TTM) |
0.25 |
|
|
| Per Share |
|
| Earnings (TTM) |
-1.84 $
|
| Revenues (TTM) |
3.43 $ |
| Cash Flow (TTM) |
- |
| Cash |
0.66 $
|
| Book Value |
6.96 $ |
| Dividend (TTM) |
0 $ |
|
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| |
| US |
|
 80.43 % |
of total Revenue |
| BR |
|
41.3 % |
of total Revenue |
| NO |
|
36.85 % |
of total Revenue |
| AU |
|
21.64 % |
of total Revenue |
| Other Geographical |
|
31.68 % |
of total Revenue |
| Ultra Deepwater Floaters |
|
141.93 % |
of total Revenue |
| Harsh environment floaters |
|
69.98 % |
of total Revenue |
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3.11%