RIG
Transocean Ltd. Energy Drilling Oil & Gas Wells Russell 3000
$6.94Close
$7.6BMarket cap
$3.84 – $7.5852-week range
Nov 2, 2026Next report · after the close
Highlights
Strengths
- Leading the market RS 90 · stronger than 90% of stocks over 12 months
Cautions
- Trend not confirmed 7 of 8 conditions · 50-day under the 150/200-day
- Extended 5.8 ATR above its 50-day average
- Results soon Nov 2, 2026, in 1 day
- Financial distress Altman Z″ in the distress zone
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
8%
1wk
up 8.3%
price change
1mo
up 32.4%
price change
12-month return
up 77%
market up 11% ·
its own up 70%
F-score
6 / 9
Mixed
Altman Z″
-1.12
Elevated risk
P/E
—
price / earnings
PEG
—
P/E / EPS growth
P/B
0.9×
price / book
Earnings yield
down 18.4%
EBIT / enterprise value
Cheaper than
60%
of the market · cheap
Revenue growth
up 13%
year on year
EPS growth
—
latest quarter
Sales growth
down 2%
latest quarter · -22 pts
ROE
down 32%
return on equity
Free cash margin
up 16%
$626.0M FCF
D/E
0.70
long-term debt / equity
Net debt / EBITDA
—
Interest cover
—EBIT / interest
Piotroski tests
- not yet profitable on its assets
- profitability slipped from last year
- issued more shares
- generating cash from operations
- profits backed by cash
- reduced long-term debt
- short-term liquidity improved
- gross margin widened
- assets working harder
Repair signals
- Long-term debt down 18% ($6.9B → $5.7B)
- Gross margin 37.6% → 39.3%
Trade setup
ATR%
3.6%
$0.25 a day · 2×ATR $6.44
RS
90 / 99
vs the universe
Trend
7 / 8
50-day under the 150/200-day
Relative volume
1.1×
vs 50-day average
Up/down volume
0.93
50 sessions
Implied move
—
no option chain · report Nov 2, 2026
Trend template · 7 of 8
- 50-day average above the 150 and 200-day: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- Bankruptcy model reads distressed The Altman score sits inside the range historically associated with financial distress. It is used here only to exclude, never to rank, and it is a statistical band rather than a prediction about this company.
- Shareholders diluted The share count rose 25.8% over the year, from 876m to 1.1bn shares. Each existing share owns a smaller fraction of the company than it did a year ago.
Last reported
Aug 5, 2026
Results reaction
Aug 5, 2026-1% vs market2 sessions after results
Financials
- Gross 39%
- Net -74%
- Free cash 16%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $3.2B | $2.6B | $2.6B | $2.8B | $3.5B | $4.0B |
| Gross margin | 37% | 34% | 35% | 30% | 38% | 39% |
| Operating income | -$493.0M | -$112.0M | -$31.0M | -$325.0M | -$417.0M | -$2.3B |
| Net income | -$567.0M | -$592.0M | -$621.0M | -$954.0M | -$512.0M | -$2.9B |
| Net margin | -18% | -23% | -24% | -34% | -15% | -74% |
| Earnings per share | -$0.92 | -$0.93 | -$0.89 | -$1.24 | -$0.55 | -$3.04 |
| Free cash flow | $133.0M | $367.0M | -$269.0M | -$263.0M | $193.0M | $626.0M |
| Free cash margin | 4% | 14% | -10% | -9% | 5% | 16% |
| Cash | $1.2B | $976.0M | $683.0M | $762.0M | $560.0M | $620.0M |
| Long-term debt | $7.8B | $7.2B | $7.3B | $7.4B | $6.9B | $5.7B |
| Shareholders' equity | $11.4B | $11.2B | $10.8B | $10.4B | $10.3B | $8.1B |
| Shares outstanding | 615.14m | 655.51m | 721.89m | 809.03m | 875.83m | 1.10bn |
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Aug 7, 2026 | Quarterly ↗ | Jun 30, 2026 | 38d |
| May 5, 2026 | Quarterly ↗ | Mar 31, 2026 | 35d |
| Feb 23, 2026 | Annual ↗ | Dec 31, 2025 | 54d |
| Oct 30, 2025 | Quarterly ↗ | Sep 30, 2025 | 30d |
| Aug 5, 2025 | Quarterly ↗ | Jun 30, 2025 | 36d |
| Apr 29, 2025 | Quarterly ↗ | Mar 31, 2025 | 29d |
| Feb 18, 2025 | Annual ↗ | Dec 31, 2024 | 49d |
| Oct 31, 2024 | Quarterly ↗ | Sep 30, 2024 | 31d |
| Aug 1, 2024 | Quarterly ↗ | Jun 30, 2024 | 32d |
| Apr 30, 2024 | Quarterly ↗ | Mar 31, 2024 | 30d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
| Oct 31, 2023 | Quarterly ↗ | Sep 30, 2023 | 31d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 23, 2026 | Other events ↗ |
| Oct 19, 2026 | Regulation FD ↗ |
| Oct 15, 2026 | Material agreement · New obligation · Regulation FD ↗ |
| Oct 14, 2026 | Other events ↗ |
| Oct 9, 2026 | Regulation FD ↗ |
| Sep 30, 2026 | Other events ↗ |
| Sep 15, 2026 | Regulation FD ↗ |
| Aug 20, 2026 | Regulation FD ↗ |
| Aug 5, 2026 | Results · Regulation FD ↗ |
| Jul 1, 2026 | Regulation FD · Other events ↗ |
| Jun 16, 2026 | Regulation FD ↗ |
| May 26, 2026 | Unregistered share sale · Charter or bylaws · Shareholder vote ↗ |