Transocean Q2 Earnings Beat Estimates, Revenues Decline Y/Y
RIG beats Q2 earnings estimates as Harsh environment floaters deliver stronger revenues, utilization and day rates despite lower sales.
Zacks Investment Research8/11/2026Positive
RIG
Transocean LtdNYSEENERGYOIL & GAS DRILLING
Key Statistics
Market Cap
$6.56B
P/E Ratio
—
EPS
$-1.71
Beta
1.33
52W High
$7.66
52W Low
$2.76
50-Day MA
$5.37
200-Day MA
$5.42
Dividend Yield
—
Profit Margin
-40.20%
Forward P/E
48.08
PEG Ratio
1.17
About Transocean Ltd
Transocean Ltd., provides offshore contract drilling services for oil and gas wells globally. The company is headquartered in Steinhausen, Switzerland.
Fundamentals
| Revenue (TTM) | $4.12B |
| Gross Profit (TTM) | $1.72B |
| EBITDA | $1.53B |
| Operating Margin | 17.40% |
| Return on Equity | -18.70% |
| Return on Assets | 3.55% |
| Revenue/Share (TTM) | $3.83 |
| Book Value | $7.49 |
| Price-to-Book | 0.77 |
| Price-to-Sales (TTM) | 1.59 |
| EV/Revenue | 2.682 |
| EV/EBITDA | 14.21 |
| Quarterly Earnings Growth (YoY) | 0.00% |
| Quarterly Revenue Growth (YoY) | -2.20% |
| Shares Outstanding | $1.12B |
| Float | $917.15M |
| % Insiders | 9.25% |
| % Institutions | 94.52% |
Historical Volatility
HV 10-Day
44.74%
HV 20-Day
47.40%
HV 30-Day
43.73%
HV 60-Day
47.54%
HV Rank
18.7%
Volatility is currently expanding
Analyst Ratings
Consensus ($6.52 target)
1
Strong Buy4
Buy6
Hold1
Sell2
Strong SellLatest News
Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript
Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript
Seeking Alpha8/7/2026Neutral
Transocean Ltd. Reports Second Quarter 2026 Results
STEINHAUSEN, Switzerland, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported financial results for the second quarter of 2026. The Company will host a conference call and webcast at 9 a.m. EDT, 3 p.m. CEST, on Thursday, August 6, 2026, with participation details included in this release. Supplemental schedules have been posted to the Investors section of the Company's website at www.deepwater.com.
GlobeNewsWire8/5/2026Neutral
Transocean Ltd. Provides Quarterly Fleet Status Report
STEINHAUSEN, Switzerland, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current activity and contractual status of the Company's fleet of offshore drilling rigs.
GlobeNewsWire8/5/2026Neutral
4 Energy Stocks That Could Surpass Q2 Earnings Estimates
Energy stocks like CLMT, WES, HP and RIG have the potential to deliver better-than-expected Q2 earnings.
Zacks Investment Research7/30/2026Positive
Transocean Ltd. Announces Second Quarter 2026 Earnings Release Date
STEINHAUSEN, Switzerland, July 07, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2026 and issue a fleet status report on Wednesday, August 5, 2026, after the close of trading on the New York Stock Exchange.
GlobeNewsWire7/7/2026Neutral
Transocean Strengthens Outlook With $1 Billion Equinor Deal
RIG adds more than $1B to its backlog with Equinor through a seven-rig-year Norway drilling deal, boosting long-term revenue visibility from 2027.
Zacks Investment Research7/1/2026Positive
Transocean Ltd. Announces Agreement with Equinor Valued at Over $1 Billion
STEINHAUSEN, Switzerland, June 30, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven rig years, excluding additional services. The base day rate of $399,000 per day excludes adjustment provisions that will be effective prior to commencement and result in an effective day rate exceeding $400,000 per day at commencement.
GlobeNewsWire6/30/2026Neutral
Transocean Stock Up 91% in a Year: Should Investors Buy or Hold?
RIG boasts strong revenue visibility through its contract backlog and operational strength, though inflation, oil price volatility and elevated capex could limit near-term upside.
Zacks Investment Research6/22/2026Positive
Transocean Bags $185M Offshore Drilling Deals in Two Regions
RIG wins new offshore contracts worth about $185 million in backlog, reinforcing demand for its premium semisubmersible drilling rigs.
Zacks Investment Research6/18/2026Positive
Turn research into an automated options-selling system
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on RIG and any ticker you trade — then tracks every position and per-strategy win rate.
More ENERGY Stocks
Data last updated: 8/18/2026