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Q3 2026 earnings • released • Revenue miss -0.56%
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RIG:NYSE
Transocean LTD
$5.10
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-6.42%(-0.35) 1D
$5.19
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+1.76% (+0.090)todayPre-market
Closed: Nov 5, 4:00:02 PM GMT-5 · USD
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| Symbol | Price | Change | % Change |
|---|
insights_autoGenerating top insights for RIG...
Open
$5.50
High
$5.51
Low
$5.08
Mkt. cap
5.70B
Avg. vol.
42.48M
Volume
30.59K
P/E ratio
20.38
52-wk high
$7.66
52-wk low
$3.68
EPS
$0.25
Beta
1.44
Shares outstanding
1.12B
No. of employees
5K
Open
$5.50
High
$5.51
Low
$5.08
Mkt. cap
5.70B
Avg. vol.
42.48M
Volume
30.59K
P/E ratio
20.38
52-wk high
$7.66
52-wk low
$3.68
EPS
$0.25
Beta
1.44
Shares outstanding
1.12B
No. of employees
5K
News stories
From web sources and news partners
Trefis
·
1 hour ago
Should Transocean Stock’s Drop After Earnings Worry You?
Yahoo Finance
·
1 day ago
Transocean (RIG) Dropped, So What Is Behind Its Latest Update?
Seeking Alpha
·
1 day ago
Transocean's Plunge Offers Upside As Its Big Merger Nears (NYSE:RIG)
Investing.com
·
2 days ago
Earnings call transcript: Transocean’s Q3 2026 results meet EPS view as stock slips
Profile
Transocean Ltd. is a Swiss offshore drilling company. It is the world's largest offshore drilling contractor based on revenue. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
The primary business of Transocean is contracts with other large companies in the oil and gas industry. In 2019, Royal Dutch Shell, Equinor and Chevron accounted for 26%, 21% and 17% of the company's revenues respectively.
In 2010, Transocean was found partially responsible for the Deepwater Horizon oil spill resulting from the explosion of its offshore drilling rig in the Gulf of Mexico.
The company's principle executive offices are located in Steinhausen, Switzerland. Wikipedia
About Transocean LTD
CEOJeremy D. Thigpen
Employees5.22K
Founded1953
HeadquartersZug, Zug, Switzerland
SectorEnergy
IndustryDrilling
Websitedeepwater.com
Analyst ratings
Based on 6 analysts giving stock ratings to RIG in the past 3 months
Buy
Buy
4
Hold
1
Sell
1
12-month forecast
Based on 6 Wall Street analysts offering 12 month price targets for RIG in the last 3 months.
Highest
Current $5.10
$10.00 (+96.08%)
Average
$7.08 (+38.82%)
Lowest
$4.75 (-6.86%)
Analyst | Recommendation | Action | Price target | Projected | Date |
|---|---|---|---|---|---|
Charles Minervino Susquehanna | Buy | Maintained | $7.00 | +37.3% | 11/03/2026 |
Eddie Kim Barclays | Buy | Maintained | $7.00 | +37.3% | 10/20/2026 |
Joe Laetsch Morgan Stanley | Hold | Reiterated | $7.00 | +37.3% | 10/14/2026 |
Saurabh Pant Bank of America Securities | Sell | Maintained | $4.75 | -6.9% | 08/19/2026 |
Gregory Lewis BTIG | Buy | Reiterated | $10.00 | +96.1% | 08/18/2026 |
Truls Olsen Fearnley Securities | Buy | Upgraded | $6.70 | +31.4% | 08/07/2026 |
Marc Bianchi TD Cowen | Hold | Maintained | $6.00 | +17.6% | 05/06/2026 |
Fredrik Stene Clarksons | Hold | Downgraded | $5.90 | +15.7% | 03/19/2026 |
Ole Rodland Pareto | Sell | Downgraded | $5.25 | +2.9% | 02/10/2026 |
Last report
Nov 3, 2026
Fiscal period
Q3 2026
- Normalized EPS / Est. (USD)
- GAAP EPS / Est. (USD)
- / $0.02
Revenue / Est. (USD)
937.00M / 942.29M
Fiscal Q3 2026 earnings call
youtube_liveWaiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
- Quarterly
- Annual
All values in USD | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|
Revenue | 1.04B | 1.08B | 966.00M | 937.00M |
Cost of goods sold | 605.00M | 601.00M | 608.00M | 599.00M |
Cost of revenue | 605.00M | 601.00M | 608.00M | 599.00M |
Research and development expenses | - | - | - | - |
Total research and development expenses | - | - | - | - |
Selling, general, and admin expenses | 49.00M | 43.00M | 42.00M | 52.00M |
Operating expense | 196.00M | 186.00M | 190.00M | 198.00M |
Total operating expenses | 801.00M | 787.00M | 798.00M | 797.00M |
Operating income | 242.00M | 294.00M | 168.00M | 140.00M |
Other non operating income | 13.00M | 7.00M | 20.00M | -3.00M |
EBT including unusual items | 82.00M | 17.00M | 184.00M | -75.00M |
EBT excluding unusual items | 79.00M | 35.00M | 200.00M | 4.00M |
Income tax expense | 57.00M | -54.00M | 14.00M | -101.00M |
Effective tax rate | 69.51% | -317.65% | 7.61% | 134.67% |
Other operating expenses | - | - | - | - |
Net income | 25.00M | 71.00M | 170.00M | 26.00M |
Net profit margin | 2.40% | 6.57% | 17.60% | 2.77% |
Earnings per share | 0.02 | -0.03 | 0.03 | - |
Interest and investment income | 10.00M | 10.00M | 12.00M | 1.00M |
Interest expense | -173.00M | -276.00M | - | -134.00M |
Net interest expenses | -163.00M | -266.00M | 12.00M | -133.00M |
Depreciation and amortization charges | 147.00M | 143.00M | 148.00M | 146.00M |
EBITDA | 389.00M | 437.00M | 316.00M | 286.00M |
Gain or loss from assets sale | 1.00M | -4.00M | 2.00M | -3.00M |
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider | Position | Type | Date | Shares | Amount |
|---|---|---|---|---|---|
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