Transocean Overview

  • Year Founded
  • 1953

Year Founded

  • Status
  • Public

  • Employees
  • 5,800

Employees

  • Stock Symbol
  • RIG

Stock Symbol

  • Investments
  • 18

  • Share Price
  • $2.28
  • (As of Thursday Closing)

Transocean General Information

Description

Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.

Contact Information

Website
www.deepwater.com
Ownership Status
Publicly Held
Financing Status
Formerly Accelerator/Incubator backed
Corporate Office
  • Turmstrasse 30
  • 6312 Steinhausen
  • Switzerland
+41 041
Primary Industry
Other Energy Services
Stock Exchange
NYS
Vertical(s)
Oil & Gas
Corporate Office
  • Turmstrasse 30
  • 6312 Steinhausen
  • Switzerland
+41 041

Transocean Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Transocean Stock Performance

As of 17-Apr-2025, Transocean’s stock price is $2.28. Its current market cap is $2.01B with 883M shares.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$2.28 $2.16 $1.97 - $6.38 $2.01B 883M 37.6M -$0.60

Transocean Financials Summary

As of 31-Dec-2024, Transocean has a trailing 12-month revenue of $3.52B.

In Thousands,
USD 		TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 9,810,263 9,810,263 11,930,346 9,539,811
Revenue 3,524,000 3,524,000 2,832,000 2,575,000
EBITDA 532,000 532,000 449,000 824,000
Net Income (512,000) (512,000) (954,000) (621,000)
Total Assets 19,371,000 19,371,000 20,254,000 20,436,000
Total Debt 7,247,000 7,247,000 7,852,000 7,817,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Transocean Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA		 Post-Val Status Debt

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Transocean Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment i
Other Energy Services
Steinhausen, Switzerland
5,800 As of 2024

Hamilton, Bermuda
 

Houston, TX
 
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Transocean Competitors (10)

One of Transocean’s 10 competitors is Nabors Industries, a Corporation company based in Hamilton, Bermuda.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nabors Industries Corporation Hamilton, Bermuda
Valaris Corporation Houston, TX
Weatherford International Corporation Houston, TX
Precision Drilling Formerly PE-Backed Calgary, Canada
Parker Wellbore Corporate Backed or Acquired Houston, TX
You’re viewing 5 of 10 competitors. Get the full list »

Transocean Patents

  • 107

    Total Documents Applications and Grants

  • Total Patents Families

  • 53

    Granted

  • 12

    Pending

  • Expiring in next 12 mo

Transocean Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240173869-A1 Drill floor grafter robot Pending 02-Nov-2022
US-20230203905-A1 Systems for reducing fluid hammer in subsea systems Active 27-Dec-2021
CA-3242170-A1 Systems for reducing fluid hammer in subsea systems Pending 27-Dec-2021
US-12247452-B2 Systems for reducing fluid hammer in subsea systems Active 27-Dec-2021
US-20230392459-A1 Systems and methods for preventing corrosion of drill equipment due to drilling fluid Active 13-Oct-2020 E21B21/067
To view Transocean’s complete patent history, request access »

Transocean Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Transocean Investments & Acquisitions (18)

Transocean’s most recent deal was a Corporate Asset Purchase with Hanwha Ocean (Deepwater Aquila) for . The deal was made on 15-Sep-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Hanwha Ocean (Deepwater Aquila) 15-Sep-2023 Corporate Asset Purchase Buildings and Property
Global Sea Mineral Resources 13-Feb-2023 Corporate Other Metals, Minerals and Mining
Hanwha Ocean (Deepwater Aquila) 17-Nov-2022 Corporate Asset Purchase Buildings and Property
Nauticus Robotics 09-Sep-2022 PIPE Marine
Inteliwell 28-Oct-2021 Joint Venture Business/Productivity Software
You’re viewing 5 of 18 investments and acquisitions. Get the full list »

Transocean ESG

Risk Overview

Risk Rating

Updated May, 16, 2024

25.09 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Energy Services

Industry

of 102

Rank

Percentile

Oil & Gas Drilling

Subindustry

of 21

Rank

Percentile

To view Transocean’s complete esg history, request access »

Transocean Exits (2)

Transocean’s most recent exit was on 26-Feb-2009 from Overseas Drilling. The exit was categorized as with 2 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Overseas Drilling 26-Feb-2009 Completed
  • 2 buyers
Caspian Sea Ventures 01-Nov-2003 Corporate Completed
To view Transocean’s complete exits history, request access »

Transocean Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Transocean Holdings U.S. Pension Plan Georgetown, Cayman Islands 1962

Transocean FAQs

  • When was Transocean founded?

    Transocean was founded in 1953.

  • Where is Transocean headquartered?

    Transocean is headquartered in Steinhausen, Switzerland.

  • What is the size of Transocean?

    Transocean has 5,800 total employees.

  • What industry is Transocean in?

    Transocean’s primary industry is Other Energy Services.

  • Is Transocean a private or public company?

    Transocean is a Public company.

  • What is Transocean’s stock symbol?

    The ticker symbol for Transocean is RIG.

  • What is the current stock price of Transocean?

    As of 17-Apr-2025 the stock price of Transocean is $2.28.

  • What is the current market cap of Transocean?

    The current market capitalization of Transocean is $2.01B.

  • What is Transocean’s current revenue?

    The trailing twelve month revenue for Transocean is $3.52B.

  • Who are Transocean’s competitors?

    Nabors Industries, Valaris, Weatherford International, Precision Drilling, and Parker Wellbore are some of the 10 competitors of Transocean.

  • What is Transocean’s annual earnings per share (EPS)?

    Transocean’s EPS for 12 months was -$0.60.

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