Transocean Overview

  • Year Founded
  • 1953

Year Founded

  • Status
  • Public

  • Employees
  • 5,430

Employees

  • Stock Symbol
  • RIG

Stock Symbol

  • Investments
  • 18

  • Share Price
  • $4.82
  • (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

Ownership Status
Publicly Held
Financing Status
Private Debt Financed
Primary Industry
Other Energy Services
Stock Exchange
NYS
Corporate Office
  • Turmstrasse 30
  • 6312 Steinhausen
  • Switzerland
+41 041 000 00 00

Transocean Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Transocean Stock Performance

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$4.82 $4.86 $4.45 - $8.88 $3.9B 809M 16.8M -$1.24

Transocean Financials Summary

In Thousands,
USD
TTM 31-Dec-2023 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 11,930,346 11,930,346 9,539,811 8,261,193
Revenue 2,832,000 2,832,000 2,575,000 2,556,000
EBITDA 449,000 449,000 824,000 924,000
Net Income (954,000) (954,000) (621,000) (592,000)
Total Assets 20,254,000 20,254,000 20,436,000 20,681,000
Total Debt 7,852,000 7,852,000 7,817,000 7,693,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Transocean Valuation & Funding

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

This information is available in the PitchBook Platform. To explore Transocean‘s full profile, request access.

Request a free trial

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
5,430 As of 2023
000.00
000000000 00 000.00

000000

e cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non
000 000 000 00000000
Hamilton, Bermuda
00000 As of 0000
00.000
000000000 00 00.000

000000

o eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim v
00000 000000 0000000
Houston, TX
0000 As of 0000
00.00
000000000 00.00
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Transocean Competitors (11)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Nabors Industries Corporation Hamilton, Bermuda 00000 00.000 000000000 00 00.000
Valaris Corporation Houston, TX 0000 00.00 000000000 00.00
Weatherford International Corporation Houston, TX 00000 00.00 000000000 00 00.00
Precision Drilling Formerly PE-Backed Calgary, Canada 0000 00.000 000000000 00 00.000
CWC Energy Services Formerly PE-Backed Calgary, Canada 000 000.00 000000&0 000.00
You’re viewing 5 of 11 competitors. Get the full list »

Transocean Patents

Transocean Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20230203905-A1 Systems for reducing fluid hammer in subsea systems Pending 27-Dec-2021 00000000000
AU-2021353595-A1 Integrated end-to-end well construction automation system Pending 02-Oct-2020 000000000
EP-4222349-A1 Integrated end-to-end well construction automation system Pending 02-Oct-2020 000000000
CA-3197654-A1 Integrated end-to-end well construction automation system Pending 02-Oct-2020 000000000
US-20220098939-A1 Robotic system for making or breaking a riser Active 29-Sep-2020 E21B17/085
To view Transocean’s complete patent history, request access »

Transocean Executive Team (14)

Name Title Board Seat Contact Info
Jeremy Thigpen Chief Executive Officer & Board Member
Keelan Adamson Chief Operating Officer, Operations & President
Mark Mey Executive Vice President and Chief Financial Officer
David Tonnel Chief Accounting Officer, Accounting & Senior Vice President
Howard Davis Chief Administrative Officer & Information Officer and Executive Vice President
You’re viewing 5 of 14 executive team members. Get the full list »

Transocean Board Members (14)

Name Representing Role Since
Chadwick Deaton Self Chairman & Board Member 000 0000
Diane de Saint Victor Self Board Member 000 0000
Domenic Dell'Osso Jr. Self Board Member 000 0000
Edward Muller JD Self Board Member 000 0000
Frederico Curado Self Board Member 000 0000
You’re viewing 5 of 14 board members. Get the full list »

Transocean Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Transocean Investments & Acquisitions (18)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Hanwha Ocean (Deepwater Aquila) 15-Sep-2023 000000000 000.00 Buildings and Property
Global Sea Mineral Resources 13-Feb-2023 000000000 0000 Other Metals, Minerals and Mining 000000 00
Hanwha Ocean (Deepwater Aquila) 17-Nov-2022 000000000 00000 Buildings and Property
Nauticus Robotics 09-Sep-2022 0000 0000 Marine 000000 00
Inteliwell 28-Oct-2021 Joint Venture Business/Productivity Software
You’re viewing 5 of 18 investments and acquisitions. Get the full list »

Transocean Subsidiaries (1)

Company Name Industry Location Founded
Transocean Holdings U.S. Pension Plan Corporate Pension Georgetown, Cayman Islands 0000
To view Transocean’s complete subsidiaries history, request access »

Transocean ESG

Risk Overview

Risk Rating

Updated September, 04, 2023

25.49 | 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

00.0

Management

Management is related to actions taken to manage ESG issues

00.00

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

00 of 15,605

Rank

00.00

Percentile

Energy Services

Industry

00 of 107

Rank

00.00

Percentile

Oil & Gas Drilling

Subindustry

0. of 23

Rank

00.0

Percentile

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

Transocean Exits (2)

Company Name Exit Date Exit Type Exit Size Status Buyers
Overseas Drilling 26-Feb-2009 00000 0000000 Completed
  • 2 buyers
Caspian Sea Ventures 01-Nov-2003 Corporate Completed
To view Transocean’s complete exits history, request access »

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »