Finance

Lists
Q2 2026 earnings • released • EPS beat +128.14% • Revenue beat +0.35%
See results
RIG:NYSE
Transocean LTD
$5.26
+1.94%
(+0.10) 1D
$5.29
+0.57% (+0.030)
After hours
Closed: Aug 7, 4:00:05 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for RIG...
Open
$5.15
High
$5.41
Low
$5.13
Mkt. cap
5.88B
Avg. vol.
41.79M
Volume
29.95M
52-wk high
$7.66
52-wk low
$2.76
EPS
-$2.97
Beta
1.32
Shares outstanding
1.12B
No. of employees
5K
Open
$5.15
High
$5.41
Low
$5.13
Mkt. cap
5.88B
Avg. vol.
41.79M
Volume
29.95M
52-wk high
$7.66
52-wk low
$2.76
EPS
-$2.97
Beta
1.32
Shares outstanding
1.12B
No. of employees
5K
News stories
From sources across the web
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
SectorDrilling
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 $5.26
$10.00 (+90.11%)
Average
$7.12 (+35.36%)
Lowest
$4.00 (-23.95%)
Analyst
Recommendation
Action
Price target
Projected
Date
Truls Olsen
Fearnley Securities
Buy
Upgraded
$6.70
+27.4%
08/07/2026
Joe Laetsch
Morgan Stanley
Hold
Maintained
$7.00
+33.1%
07/16/2026
Eddie Kim
Barclays
Buy
Reiterated
$8.00
+52.1%
07/15/2026
Saurabh Pant
Bank of America Securities
Sell
Maintained
$4.00
-24%
07/15/2026
Charles Minervino
Susquehanna
Buy
Maintained
$7.00
+33.1%
07/08/2026
Gregory Lewis
BTIG
Buy
Maintained
$10.00
+90.1%
05/12/2026
Marc Bianchi
TD Cowen
Hold
Maintained
$6.00
+14.1%
05/06/2026
Fredrik Stene
Clarksons
Hold
Downgraded
$5.90
+12.2%
03/19/2026
Ole Rodland
Pareto
Sell
Downgraded
$5.25
-0.2%
02/10/2026
Last report
Aug 6, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
$0.03 / $0.01
+128.14%beat
Revenue / Est. (USD)
966.00M / 962.62M
+0.35%beat
Fiscal Q2 2026 earnings call
Waiting 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
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.03B
1.04B
1.08B
966.00M
Cost of goods sold
584.00M
605.00M
601.00M
-
Cost of revenue
584.00M
605.00M
601.00M
-
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
46.00M
49.00M
43.00M
-
Operating expense
207.00M
196.00M
186.00M
-
Total operating expenses
791.00M
801.00M
787.00M
-
Operating income
237.00M
242.00M
294.00M
-
Other non operating income
-3.00M
13.00M
7.00M
-
EBT including unusual items
-1.90B
82.00M
17.00M
-
EBT excluding unusual items
92.00M
79.00M
35.00M
-
Income tax expense
26.00M
57.00M
-54.00M
-
Effective tax rate
-1.37%
69.51%
-317.65%
-
Other operating expenses
-
-
-
-
Net income
-1.92B
25.00M
71.00M
-
Net profit margin
-187.06%
2.40%
6.57%
-
Earnings per share
0.06
0.02
-0.03
0.03
Interest and investment income
12.00M
10.00M
10.00M
-
Interest expense
-154.00M
-173.00M
-276.00M
-
Net interest expenses
-142.00M
-163.00M
-266.00M
-
Depreciation and amortization charges
161.00M
147.00M
143.00M
-
EBITDA
398.00M
389.00M
437.00M
-
Gain or loss from assets sale
1.00M
1.00M
-4.00M
-
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
Insider
Position
Type
Date
Shares
Amount
Page 1
AI content may include mistakes. Learn more

Research

What's on your mind?
What's going on with the markets today?
Explore what’s possible
Create a portfolio
Create a task
Deep Search
AI content may include mistakes. Learn more
Google apps