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.

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

As of July 17, 2026, RIG stock price climbed to $5.14 with 35,053,044 million shares trading.

RIG has a beta of 0.34, meaning it tends to be less sensitive to market movements. RIG has a correlation of 0.01 to the broad based SPY ETF.

RIG has a market cap of $5.69 billion. This is considered a Mid Cap stock.

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.

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

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

RIG has outperformed the market in the last year with a price return of +97.7% while the SPY ETF gained +19.5%. However, in the short term, RIG had mixed performance relative to the market. It has underperformed in the last 3 months, returning -13.5% vs +4.9% return in SPY. But in the last 2 weeks, RIG shares have fared better than the market returning +1.6% compared to SPY -0.2%.

RIG support price is $4.98 and resistance is $5.26 (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.