NYSE · RIGEnergyOil & Gas Extraction

Transocean LTD. (RIG)

$5.45−7.63%
Close Nov 4, 2026 · split-adjusted
Nov 4, 2026$5.45▲ 39.74% in range
Nov 4, 2025Low $3.84 · High $7.58Nov 4, 2026
What changed · written from our data
As of Nov 4, 2026

Transocean closed at $5.45 on Nov 4, down 7.63%, 28.1% below its 52-week closing high. Volume of 53.9M shares was 1.26× its 20-day average (above normal).

Split-adjusted performance: +0.9% over one month, -12.5% over six months, +37.6% over one year.

In the quarter ended Jun 30, 2026, revenue was $966M, down 2.2% from a year earlier, with a net margin of 17.6%.

Short interest was 312.7M shares at the Oct 15 settlement, up 4.6% from the prior report (30.9% of float, 8.6 days to cover).

Market cap$6.09B1.12B shares
Revenue · quarter$966.0M−2.2% YoY
Diluted EPS$0.04—
P/E · TTM—P/S 1.5×
Net margin17.6%Gross 37.1%
Dividend yieldNone$0.15 last paid
52-week range3.84 – 7.58−28.1% from high
Volume53.9M1.26× 20-day avg
Volatility · 60d51.4%Annualised
Short % of float30.9%8.6 days to cover
Net cash-$4.61BCash $509.0M
Next earnings—Not scheduled
Split-adjusted performance
1W −18.8%1M +0.9%3M +5.6%6M −12.5%YTD +32.0%1Y +37.6%3Y −17.8%5Y +48.1%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Oil & Gas Extraction

Percentile among 97 companies (100 = best)

6-month momentum52
Revenue growth12
Net margin51
Value (low P/E)—
Size80

Industry medians: 6-month return −12.8%, revenue growth +23.8%, net margin 16.9%, P/E 12.1×.

Short interest

Details →
Shares short312.7M+4.6% vs prior
Days to cover8.6Settled Oct 15
% of float30.9%
Short vol. 10d54.6%of daily volume

Closest peers by size in Oil & Gas Extraction

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
RIGTransocean$5.45−7.63%−12.5%−2.2%17.6%—$6.09B
MTDRMATADOR RESOURCES$50.37−7.25%−12.8%+26.8%33.3%8.6$6.23BCompare
MGYMagnolia Oil & Gas$23.37−5.23%−18.4%+50.1%37.5%14.9$6.29BCompare
VALValaris Limited$82.77−8.02%−10.8%−0.4%7.8%7.2$5.75BCompare
NENoble$41.03−6.69%−16.4%−8.7%−16.1%122.1$6.55BCompare
MURMurphy Oil$35.94−8.92%−7.7%+35.6%25.1%17.5$5.15BCompare
CNXCNX Resources$35.93−1.78%−1.7%−0.7%28.5%5.6$5.13BCompare
CHRDChord Energy$132.33−8.00%−6.0%+84.0%24.0%8.6$7.24BCompare
SMSM Energy$31.06−15.30%+8.8%+182.2%47.9%7.4$7.39BCompare

Quick answers

What does Transocean do?
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells.
What is RIG's market cap?
$6.09B, based on the Nov 4 close of $5.45.
Does Transocean pay a dividend?
No regular cash dividend has been paid in the last year.
How much of RIG is sold short?
312.7M shares, 30.9% of float, as of Oct 15, 2026.
What sector is RIG in?
Energy, in the Oil & Gas Extraction industry.

About Transocean

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.

HQ: Steinhausen, V85,600 employeesListed May 28, 1993deepwater.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology