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How to buy Transocean stock | $1.18

Own Transocean stock in just a few minutes.

Fact checked

Transocean Ltd is an oil & gas drilling business based in the US. Transocean shares (RIG) are listed on the NYSE and all prices are listed in US Dollars. Transocean employs 5,900 staff and has a trailing 12-month revenue of around USD$3.3 billion.

How to buy shares in Transocean

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Transocean. Find the stock by name or ticker symbol: RIG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Transocean reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$1.18, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Transocean, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Transocean. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Transocean share price

Use our graph to track the performance of RIG stocks over time.

Transocean shares at a glance

Information last updated 2020-11-27.
Latest market closeUSD$1.18
52-week rangeUSD$0.65 - USD$7.28
50-day moving average USD$1.022
200-day moving average USD$1.5041
Wall St. target priceUSD$1.78
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) USD$-1.88

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Transocean stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Transocean price performance over time

Historical closes compared with the close of $1.18 from 2020-11-16

1 week (2021-01-11) N/A
1 month (2020-12-22) -47.56%
3 months (2020-10-22) 43.90%
6 months (2020-07-18) N/A
1 year (2020-01-18) N/A
2 years (2019-01-18) N/A
3 years (2018-01-18) N/A
5 years (2016-01-18) N/A

Is Transocean under- or over-valued?

Valuing Transocean stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Transocean's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Transocean's EBITDA

Transocean's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.2 billion.

The EBITDA is a measure of a Transocean's overall financial performance and is widely used to measure a its profitability.

Transocean financials

Revenue TTM USD$3.3 billion
Operating margin TTM 6.24%
Gross profit TTM USD$948 million
Return on assets TTM 0.54%
Return on equity TTM -5%
Profit margin -17.85%
Book value $18.536
Market capitalisation USD$1.3 billion

TTM: trailing 12 months

Shorting Transocean shares

There are currently 123.9 million Transocean shares held short by investors – that's known as Transocean's "short interest". This figure is 7.3% up from 115.5 million last month.

There are a few different ways that this level of interest in shorting Transocean shares can be evaluated.

Transocean's "short interest ratio" (SIR)

Transocean's "short interest ratio" (SIR) is the quantity of Transocean shares currently shorted divided by the average quantity of Transocean shares traded daily (recently around 26.4 million). Transocean's SIR currently stands at 4.69. In other words for every 100,000 Transocean shares traded daily on the market, roughly 4690 shares are currently held short.

However Transocean's short interest can also be evaluated against the total number of Transocean shares, or, against the total number of tradable Transocean shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Transocean's short interest could be expressed as 0.2% of the outstanding shares (for every 100,000 Transocean shares in existence, roughly 200 shares are currently held short) or 0.2137% of the tradable shares (for every 100,000 tradable Transocean shares, roughly 214 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Transocean.

Find out more about how you can short Transocean stock.

Transocean's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Transocean.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Transocean's total ESG risk score

Total ESG risk: 28.97

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Transocean's overall score of 28.97 (as at 01/01/2019) is nothing to write home about – landing it in it in the 56th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Transocean is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Transocean's environmental score

Environmental score: 9.58/100

Transocean's environmental score of 9.58 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Transocean is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Transocean's social score

Social score: 9.67/100

Transocean's social score of 9.67 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Transocean is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Transocean's governance score

Governance score: 10.72/100

Transocean's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Transocean is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Transocean's controversy score

Controversy score: 3/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Transocean scored a 3 out of 5 for controversy – a middle-of-the-table result reflecting that Transocean hasn't always managed to keep its nose clean.

Environmental, social, and governance (ESG) summary

Transocean Ltd was last rated for ESG on: 2019-01-01.

Total ESG score 28.97
Total ESG percentile 56.44
Environmental score 9.58
Environmental score percentile 3
Social score 9.67
Social score percentile 3
Governance score 10.72
Governance score percentile 3
Level of controversy 3

Transocean share dividends

We're not expecting Transocean to pay a dividend over the next 12 months.

Have Transocean's shares ever split?

Transocean's shares were split on a 6996:10000 basis on 27 November 2007. So if you had owned 10000 shares the day before before the split, the next day you'd have owned 6996 shares. This wouldn't directly have changed the overall worth of your Transocean shares – just the quantity. However, indirectly, the new 42.9% higher share price could have impacted the market appetite for Transocean shares which in turn could have impacted Transocean's share price.

Transocean share price volatility

Over the last 12 months, Transocean's shares have ranged in value from as little as $0.65 up to $7.28. A popular way to gauge a stock's volatility is its "beta".

RIG.US volatility(beta: 2.41)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Transocean's is 2.4098. This would suggest that Transocean's shares are significantly more volatile than the average for this exchange and represent a higher risk.

Transocean overview

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers drilling rigs, related equipment, and work crews; and ultra-deepwater and harsh environment drilling services. As of February 12, 2020, it owned or had partial ownership interests in and operated a fleet of 45 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 14 harsh environment floaters, and 3 midwater floaters. The company serves integrated oil companies or their affiliates, as well as government-controlled oil companies and independent oil companies. Transocean Ltd. is based in Steinhausen, Switzerland.

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