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How to buy Transocean shares
Own Transocean shares in just a few minutes.
Transocean Ltd is an oil & gas drilling business based in the US. Transocean shares (RIG.US) 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 $3.3 billion.
How to buy shares in Transocean
- Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: RIG in this case.
- Research Transocean shares. The platform should provide the latest information available.
- Buy your Transocean shares. It's that simple.
What's in this guide?
- Can I buy shares in Transocean?
- Transocean shares summary
- Compare share dealing platforms
- Is Transocean stock a buy or sell?
- Can I short Transocean shares?
- Is Transocean suitable for ethical investing?
- Transocean's financials
- How volatile are Transocean shares?
- Does Transocean pay a dividend?
- Have Transocean shares ever split?
- Other common questions
Transocean share price
Use our graph to track the performance of RIG stocks over time.Transocean shares at a glance
Information last updated 2021-01-23.
| Latest market close | $N/A |
|---|---|
| 52-week range | $0.65 - $5.24 |
| 50-day moving average | $2.5809 |
| 200-day moving average | $1.6833 |
| Wall St. target price | $2.4 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | $-1.88 |
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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.
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 a whopping $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 | $3.3 billion |
|---|---|
| Operating margin TTM | 6.24% |
| Gross profit TTM | $948 million |
| Return on assets TTM | 0.54% |
| Return on equity TTM | -5% |
| Profit margin | -17.85% |
| Book value | $18.536 |
| Market capitalisation | $1.7 billion |
TTM: trailing 12 months
How to short and sell Transocean shares
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "RIG.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 109.8 million Transocean shares held short by investors – that's known as Transocean's "short interest". This figure is 11% down from 123.5 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 38.3 million). Transocean's SIR currently stands at 2.87. In other words for every 100,000 Transocean shares traded daily on the market, roughly 2870 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 0.18% of the outstanding shares (for every 100,000 Transocean shares in existence, roughly 180 shares are currently held short) or 0.1893% of the tradable shares (for every 100,000 tradable Transocean shares, roughly 189 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. A high-profile company, 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. However, you can browse other dividend-paying shares in our guide.
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 $5.24. A popular way to gauge a stock's volatility is its "beta".
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 3.7526. This would suggest that Transocean's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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Transocean overview
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its drilling rigs, related equipment, and work crews to drill oil and gas wells. As of October 27, 2020, the company owned or had partial ownership interests in and operated 38 mobile offshore drilling units, including 27 ultra-deepwater floaters and 11 harsh environment floaters. It serves integrated oil companies, government-owned or government-controlled oil companies, and other independent oil companies. The company is based in Steinhausen, Switzerland.
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