Transocean Ltd. (RIG)
Transocean Ltd. operates in the Oil & Gas Drilling industry of the Energy sector, headquartered in Zug, ZG, CH. The stock last traded at $5.50, down 2.31% on the session, giving a market capitalisation of $5.60B. On trailing twelve-month figures it carries a trailing P/E of -2.99, a net margin of -40.2%. Its beta of 1.34 implies it has historically moved more than the broad market.
Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.
Transocean Ltd. is most often compared with the following Energy names: