18-Sep-2026
Transocean jumps after securing $80M ultra-deepwater rig contract
Seeking Alpha News (Tue, 15-Sep 12:46 PM ET)
Transocean adds new ultra-deepwater contract, expanding backlog
TipRanks (Tue, 15-Sep 6:46 AM ET)
Transocean Ltd. Announces $80 Million Contract For Ultra-Deepwater Drillship
Globe Newswire (Tue, 15-Sep 6:08 AM ET)
Transocean Secures $300 Million Drillship Contract—Long-Term Revenue Visibility Strengthens
Market Chameleon (Thu, 20-Aug 3:08 AM ET)
Transocean Ltd. Announces $300 Million Contract For Ultra-Deepwater Drillship
Globe Newswire (Thu, 20-Aug 6:14 AM ET)
Transocean Delivers Strong Cash Flow and Improving Balance Sheet Amid Favorable Industry Trends
Market Chameleon (Thu, 6-Aug 3:17 AM ET)
Transocean Ltd. Reports Second Quarter 2026 Results
Globe Newswire (Wed, 5-Aug 5:00 PM ET)
Transocean Ltd. Provides Quarterly Fleet Status Report
Globe Newswire (Wed, 5-Aug 4:57 PM ET)
Transocean Ltd. Announces Second Quarter 2026 Earnings Release Date
Globe Newswire (Tue, 7-Jul 4:16 PM ET)
Transocean Ltd. Announces Agreement with Equinor Valued at Over $1 Billion
Globe Newswire (Tue, 30-Jun 4:22 PM ET)
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 September 18, 2026, RIG stock price declined to $5.64 with 33,242,213 million shares trading.
RIG has a beta of 0.02, meaning it tends to be less sensitive to market movements. RIG has a correlation of 0.00 to the broad based SPY ETF.
RIG has a market cap of $6.24 billion. This is considered a Mid Cap stock.
Last quarter Transocean (Switzerland) reported $966 million in Revenue and $.03 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.02.
In the last 3 years, RIG traded as high as $8.71 and as low as $1.97.
The top ETF exchange traded funds that RIG belongs to (by Net Assets): VTI, AVUV, IWM, VB, OIH.
RIG has outperformed the market in the last year with a return of +63.0%, while the SPY ETF gained +16.8%. In the last 3 month period, RIG beat the market returning +6.2%, while SPY returned +2.3%. However, in the most recent 2 weeks RIG has underperformed the stock market by returning -3.6%, while SPY returned -0.9%.
RIG support price is $5.46 and resistance is $5.86 (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.