RIG Stock Summary and Trading Ideas (Transocean (Switzerland) | NYSE:RIG)

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.

What symbol and exchange does Transocean (Switzerland) shares trade?

Transocean (Switzerland) trades on the NYSE stock market under the symbol RIG.

What is Transocean (Switzerland) stock price doing today?

As of June 1, 2026, RIG stock price climbed to $6.25 with 31,470,255 million shares trading.

What is Transocean (Switzerland)'s Beta?

RIG has a beta of -0.05, meaning it tends to be less sensitive to market movements. RIG has a correlation of 0.00 to the broad based SPY ETF.

How much is Transocean (Switzerland) worth?

RIG has a market cap of $6.92 billion. This is considered a Mid Cap stock.

How much money does Transocean (Switzerland) make?

Last quarter Transocean (Switzerland) reported $1 billion in Revenue and -$.03 earnings per share. This beat revenue expectation by $49 million and missed earnings estimates by -$.11.

What is the highest and lowest price Transocean (Switzerland) traded in the last 3 year period?

In the last 3 years, RIG traded as high as $8.88 and as low as $1.97.

What are the top ETFs holding Transocean (Switzerland)?

The top ETF exchange traded funds that RIG belongs to (by Net Assets): VTI, VB, IWM, AVUV, OIH.

Is Transocean (Switzerland) (RIG) a good investment?

RIG has outperformed the market in the last year with a return of +140.4%, while the SPY ETF gained +29.8%. However, in the most recent history, RIG shares have underperformed the stock market with its stock returning -3.5% in the last 3 month period and -11.2% for the last 2 week period, while SPY has returned +10.8% and +2.6%, respectively.

What are the support and resistance levels for Transocean (Switzerland) (RIG)?

RIG support price is $5.97 and resistance is $6.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RIG shares will trade within this expected range on the day.