OakChart

Transocean Ltd

RIGEnergy·Oil & Gas Drilling·Switzerland·Mid·NYSE·Nov 11 • 3:52 PM ET

5.32+0.14 (2.70%)
2026-11-11 21:53 CET
Market cap
5,785.65 USD m
Revenue, TTM
4,027.00 USD m
Net income, TTM
292.00 USD m
Free cash flow, TTM
800.00 USD m
EPS diluted, TTM
0.25
P/E
21.25
Compare

Price

RIG against its 20, 50 and 200-day averages
2050200beatmiss
5.006.007.0034.4M68.8MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26RIGclose 5.3220-day 5.9150-day 5.70200-day 5.895.3252w high

30.5% under the 52-week high of 7.66 on 19 May 2026. 52-week low 3.68 on 21 Nov 2025. Last 15 sessions, 39.7% high to low

Volume 0.53× normal · the line is the 50-bar volume average

Profile

RIG
52-week range, 41% of the way up
3.687.66

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. The company was founded in 1953 and is headquartered in Steinhausen, Switzerland.

IndexRUT
Employees5600
IPOMay 28, 1993
Beta1.46
ATR, 14d0.29
Rel volume0.53
Short float31.86%
Insider own9.33%
Inst own93.84%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap5.94B
Enterprise Value10.18B
Income292.00M
Sales4.03B
Book/sh7.57
Cash/sh0.70
Dividend Est.-
Dividend TTM-
Dividend Ex-DateAug 21, 2015
Dividend Gr. 3/5Y- -
Payout-
Employees5600
IPOMay 28, 1993

Ratios

P/E21.25
Forward P/E18.08
PEG0.15
P/S1.48
P/B0.70
P/C7.58
P/FCF7.43
EV/EBITDA7.12
EV/Sales2.53
Quick Ratio1.24
Current Ratio1.53
Debt/Eq0.59
LT Debt/Eq0.54
Option/ShortYes / Yes

Earnings

EPS (ttm)0.25
EPS next Y0.29
EPS next Q0.06
EPS this Y482.16%
EPS next Y26.37%
EPS next 5Y118.40%
EPS past 3/5Y-50.63% -26.92%
Sales past 3/5Y15.48% 4.70%
EPS Y/Y TTM108.34%
Sales Y/Y TTM3.95%
EPS Q/Q101.15%
Sales Q/Q-8.85%
EarningsNov 02 AMC
EPS/Sales Surpr.-100.00% -0.74%

Ownership

Insider Own9.33%
Insider Trans-0.04%
Inst Own93.84%
Inst Trans6.31%
ROA1.87%
ROE3.53%
ROIC2.24%
Gross Margin25.70%
Oper. Margin20.98%
Profit Margin7.25%
SMA20-10.05%
SMA50-6.69%
SMA200-9.72%
Trades-

Technical

Shs Outstand1.12B
Shs Float1.01B
Short Float31.86%
Short Ratio7.54
Short Interest322.63M
52W High7.66 -30.55%
52W Low3.68 44.57%
Volatility6.08% 4.95%
ATR (14)0.29
RSI (14)41.31
Beta1.46
Rel Volume0.53
Avg Volume42.78M
Volume22,375,912

Performance

Perf Week-2.39%
Perf Month-5.84%
Perf Quarter-6.99%
Perf Half Y-19.64%
Perf YTD28.81%
Perf Year25.77%
Perf 3Y-20.00%
Perf 5Y54.20%
Perf 10Y-48.70%
Recom2.39
Target Price6.52
Prev Close5.18
Price5.32
Change %2.70%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
May 07, 2026UpgradeBBarclaysEqual Weight → Overweight$8+50.4%
Feb 18, 2026DowngradeBBarclaysOverweight → Equal Weight$6+12.8%
Feb 10, 2026DowngradePParetoHold → Sell$5.25-1.3%
Dec 10, 2025DowngradeJJP MorganNeutral → Underweight
Jan 15, 2025DowngradeEEvercore ISIOutperform → In-line$6 → $5-6.0%
Dec 18, 2024UpgradeBBarclaysEqual Weight → Overweight$4.50-15.4%
Dec 06, 2024UpgradeJJP MorganUnderweight → Neutral$5-6.0%
Oct 15, 2024DowngradeTThe Benchmark CompanyBuy → Hold
Sep 12, 2024DowngradeCCitigroupBuy → Neutral
Sep 03, 2024UpgradeDDNB MarketsHold → Buy

Peers

Mkt cap
TickerCompanyMkt cap
NENoble Corp Plc6.72B
VALValaris Ltd5.62B
SDRLSeadrill Ltd2.72B
BORRBorr Drilling Ltd1.03B
HPHelmerich & Payne Inc3.65B
NBRNabors Industries Ltd1.22B
PTENPatterson-UTI Energy Inc3.94B
TDWTidewater Inc3.91B
OIIOceaneering International Inc3.49B
WFRDWeatherford International plc6.30B

Insider trading

latest 14 of 39
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
DEATON CHAD CDirectorJul 02 '26Buy4.9535,000173,250237,421Jul 07 04:22 PM
Lacey William F.DirectorMay 22 '26Option Exercise6.8182,353560,82482,353May 27 06:50 PM
DEATON CHAD CDirectorMay 22 '26Option Exercise6.8182,353560,824223,353May 27 06:48 PM
Mohn Frederik WilhelmDirectorMay 22 '26Option Exercise6.8182,353560,824104,501May 27 06:44 PM
Long Brady KEVP & Chief Legal OfficerMay 21 '26Sale7.4581,741608,9701,125,438May 22 04:19 PM
BRADY LONGOfficerMay 21 '26Proposed Sale7.4581,741609,248May 21 04:19 PM
Adamson KeelanPRESIDENT AND CEOMay 01 '26Option Exercise0.00180,93101,672,440May 05 04:16 PM
Mackenzie Roderick JamesEVP, Chief Commercial OfficerMar 04 '26Sale6.3678,370498,433268,025Mar 05 07:48 PM
RODERICK J MACKENZIEOfficerMar 04 '26Proposed Sale6.3678,370498,433Mar 04 04:23 PM
Vayda Robert ThaddeusEVP, Chief Financial OfficerMar 01 '26Option Exercise6.25156,672979,200415,605Mar 03 09:35 PM
Adamson KeelanPRESIDENT AND CEOMar 01 '26Option Exercise6.25318,1761,988,6001,619,387Mar 03 09:34 PM
Pack JasonSVP, Chief Accounting OfficerMar 01 '26Option Exercise6.2569,569434,806290,065Mar 03 09:32 PM
Long Brady KEVP & Chief Legal OfficerMar 01 '26Option Exercise6.25218,1771,363,6061,325,787Mar 03 09:30 PM
THIGPEN JEREMY DExecutive ChairMar 01 '26Option Exercise6.25610,9793,818,6192,860,104Mar 03 09:28 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DFSVUS Small Cap Value Portfolio ETF Class SharesAUM: 8.52B
OIHVanEck Oil Services ETFAUM: 1.76B
DFATU.S. Targeted Value Portfolio-ETF Class SharesAUM: 14.47B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
VXFVanguard Extended Market Index ETFAUM: 30.47B
IWNiShares Russell 2000 Value ETFAUM: 14.10B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-020.0000.0220.020937943.9913
2026Q22026-08-050.1500.0100.141966956.6412
2026Q12026-05-04-0.0300.0810.0631,0811,02511
2025Q42026-02-200.0200.0830.0231,0431,03512
2025Q32025-10-290.0600.035-2.0011,0281,01113
2025Q22025-08-040.000-0.009-1.056988976.413
2025Q12025-04-28-0.100-0.106-0.090906881.8313
2024Q42025-02-17-0.0900.006-0.115952.89962.5414
2024Q32024-10-300.067-0.045-0.585948945.0213
2024Q22024-07-31-0.150-0.107-0.149861862.0216
2024Q12024-04-29-0.030-0.1530.103767781.5315
2023Q42024-02-19-0.090-0.235-0.129741757.7516
2023Q32023-10-30-0.360-0.227-0.284713718.0615
2023Q22023-07-31-0.150-0.137-0.217738.5732.7514
2023Q12023-05-01-0.380-0.217-0.639667641.4214
2022Q42023-02-21-0.490-0.217-0.485625617.8113

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-1.450-1.256-2.0513,2753,178
2020FY-0.760-0.692-0.9223,3673,169
2021FY-0.740-0.384-0.9292,7762,720
2022FY-0.930-0.576-0.8882,6922,636
2023FY-0.960-0.985-1.2422,8322,895
2024FY-0.260-0.022-0.7583,5273,533
2025FY0.0400.123-3.0403,9653,954
2026FY-0.233--3,937
2027FY-0.294--3,931
2028FY-0.417--4,040
2029FY-0.260--3,841
2030FY-0.180--3,715

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-091142954.86920993
2026Q4S2026-11-051142954.86920993
2026Q4S2026-11-041141957.52920993
2026Q4S2026-11-031031953.97920979.25
2026Q4S2026-11-021021952.87920979.25
2026Q4S2026-10-281031952.87920979.25
2026Q4S2026-10-201041952.87920979.25
2026Q4S2026-10-191090954.97941979.25
2026Q4S2026-09-221080951.84941961
2026Q4S2026-09-151080951.86941961
2026Q4S2026-09-041081951.86941961
2026Q4S2026-08-191072943.06873960
2026Q4S2026-08-141062939.07873960
2026Q4S2026-08-131052935.45873960

Estimate history

EPS, annual-8-4.265-2.051-0.922-0.929-0.888-1.242-0.758-3.0370.2504
Period201720182019202020212022202320242025TTM
EPS, quarterly-0.585-0.115-0.09-1.056-2.0010.0230.0630.1410.023
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual2973300532753152255625752832352439654027
Period201720182019202020212022202320242025TTM
Sales, quarterly948952906988102810431081966937
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual391.237609.649611.871615.14655.505721.888809.031875.8311101.5281117
Period201720182019202020212022202320242025MRQ
Shares, quarterly875.804875.831883.261902.2491100.9921101.528110711171117
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue4,027.003,965.003,524.002,832.002,575.002,556.003,152.003,275.003,005.00
Cost of Goods Sold Incl. D&A2,992.003,065.002,938.002,730.002,414.002,439.002,781.003,182.002,729.00
Gross Profit1,035.00900.00586.00102.00161.00117.00371.0093.00276.00
Selling, General and Administrative Excl. Other190.00195.00214.00187.00182.00167.00183.00193.00164.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income845.00705.00372.00-85.00-21.00-50.00188.00-100.00112.00
Interest Expense-555.00362.00646.00561.00447.00575.00660.00620.00
Unusual Expense136.003,145.00616.0088.00-8.00-14.0064.00521.001,383.00
Net Income Before Taxes208.00-2,948.00-523.00-941.00-562.00-470.00-541.00-1,198.00-1,775.00
Income Taxes-84.00-33.00-11.0013.0059.00121.0027.0059.00228.00
Consolidated Net Income292.00-2,915.00-512.00-954.00-621.00-591.00-568.00-1,257.00-2,003.00
Net Income From Continuing Operations292.00-2,915.00-512.00-954.00-621.00-592.00-567.00-1,255.00-1,996.00
Net Income292.00-2,915.00-512.00-954.00-621.00-592.00-567.00-1,255.00-1,996.00
EPS (Recurring)0.34-0.74-0.29-1.16-0.90-0.94-0.85-1.45-2.20
EPS (Basic, Before Extraordinaries)0.26-3.04-0.60-1.24-0.89-0.93-0.92-2.05-4.26
EPS (Diluted)0.25-3.04-0.76-1.24-0.89-0.93-0.92-2.05-4.26
EBITDA1,429.001,364.001,115.00711.00831.00912.001,184.00942.001,042.00
Non-Operating Income (Expense)82.0047.0083.00-122.0012.0013.00-90.0083.00116.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense28.4427.6537.1331.6022.9120.4422.6327.0135.55
Price To Earnings Ratio20.6920.69-------
Price To Sales Ratio1.471.000.981.721.240.690.451.291.08
Gross Margin25.7022.7016.633.606.254.5811.772.849.18
Operating Margin20.9817.7810.56-3.00-0.82-1.965.96-3.053.73
Net Margin7.25-73.52-14.53-33.69-24.12-23.16-17.99-38.32-66.42
Shares Outstanding1,117.001,101.53875.83809.03721.89655.51615.14611.87609.65
Market Capitalization5,785.655,785.653,284.265,137.353,291.811,809.191,420.904,209.614,230.67

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue937.00966.001,081.001,043.001,028.00988.00906.00952.00
Cost of Goods Sold Incl. D&A735.00756.00749.00752.00745.00774.00794.00759.00
Gross Profit202.00210.00332.00291.00283.00214.00112.00193.00
Selling, General and Administrative Excl. Other52.0045.0043.0050.0046.0049.0050.0056.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income150.00165.00289.00241.00237.00165.0062.00137.00
Interest Expense134.00-276.00173.00154.00112.00116.0091.00
Unusual Expense111.0011.0017.00-3.001,913.001,136.00-0.00
Net Income Before Taxes-75.00184.0017.0082.00-1,897.00-1,093.00-40.0062.00
Income Taxes-101.0014.00-54.0057.0026.00-155.0039.0055.00
Consolidated Net Income26.00170.0071.0025.00-1,923.00-938.00-79.007.00
Net Income From Continuing Operations26.00170.0071.0025.00-1,923.00-938.00-79.007.00
Net Income26.00170.0071.0025.00-1,923.00-938.00-79.007.00
EPS (Recurring)0.090.150.070.02-0.61-0.16-0.09-0.12
EPS (Basic, Before Extraordinaries)0.020.150.060.02-2.00-1.06-0.090.01
EPS (Diluted)0.020.140.060.02-2.00-1.06-0.09-0.12
EBITDA296.00313.00432.00388.00398.00340.00244.00317.00
Non-Operating Income (Expense)20.0030.0021.0011.00-67.00-10.0014.0016.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense9.485.536.327.117.906.326.327.11
Price To Earnings Ratio20.69-------
Price To Sales Ratio1.471.431.801.150.770.610.760.93
Gross Margin21.5621.7430.7127.9027.5321.6612.3620.27
Operating Margin16.0117.0826.7323.1123.0516.706.8414.39
Net Margin2.7717.606.572.40-187.06-94.94-8.720.74
Shares Outstanding1,117.001,117.001,107.001,101.531,100.99902.25883.26875.83
Market Capitalization5,785.655,460.277,311.904,548.952,942.552,287.652,799.943,284.26

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments997.00941.00995.00991.001,412.001,560.002,348.002,834.003,435.00
Short Term Receivables540.00567.00512.00485.00492.00583.00680.00604.00641.00
Inventories378.00439.00426.00388.00392.00434.00479.00474.00418.00
Other Current Assets166.00505.00193.00144.00148.00163.00133.0036.00112.00
Total Current Assets2,081.002,452.002,126.002,008.002,444.002,740.003,640.003,948.004,606.00
Net Property, Plant & Equipment12,577.0015,831.0016,941.0017,469.0017,098.0017,667.0018,847.0020,408.0017,402.00
Total Investments and Advances121.00123.00216.0054.0057.00104.00164.00124.0023.00
Long-Term Note Receivable8.00--------
Intangible Assets-0.004.0056.00173.00393.00608.00795.00-
Deferred Tax Assets61.0045.0044.0013.007.009.0020.0066.0047.00
Other Assets794.00920.00923.00836.00902.00891.00826.00324.00332.00
Total Assets15,642.0019,371.0020,254.0020,436.0020,681.0021,804.0024,105.0025,665.0022,410.00
Short Term Debt Incl. Current Port. of LT Debt504.00740.00425.00766.00561.00550.00616.00373.00250.00
Accounts Payable242.00255.00323.00281.00228.00194.00311.00269.00201.00
Income Tax Payable22.0031.0023.0019.0017.0028.0064.0070.0079.00
Other Current Liabilities568.00637.00626.00492.00497.00614.00733.00746.00839.00
Total Current Liabilities1,336.001,663.001,397.001,558.001,303.001,386.001,724.001,458.001,369.00
Long Term Debt5,467.006,507.007,427.007,051.007,132.007,823.009,253.009,605.007,146.00
Provision for Risks Charges103.00100.00121.00170.00128.00272.00346.00355.00353.00
Deferred Tax Liabilities404.00499.00540.00493.00447.00315.00266.0064.0044.00
Other Liabilities224.00317.00353.00372.00465.00573.00649.001,069.00729.00
Total Liabilities7,534.009,086.009,838.009,644.009,475.0010,369.0012,238.0012,551.009,641.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity8,108.0010,284.0010,415.0010,791.0011,205.0011,432.0011,862.0013,107.0012,707.00
Total Shareholders Equity8,108.0010,284.0010,415.0010,791.0011,205.0011,432.0011,862.0013,107.0012,707.00
Accumulated Minority Interest0.001.001.001.001.003.005.007.0062.00
Total Equity8,108.0010,285.0010,416.0010,792.0011,206.0011,435.0011,867.0013,114.0012,769.00
Total Liabilities & Stockholders Equity15,642.0019,371.0020,254.0020,436.0020,681.0021,804.0024,105.0025,665.0022,410.00
Book Value Per Share7.3611.7412.8714.9517.0918.5819.3921.5032.48
Tangible Book Value Per Share7.3611.7412.8714.8716.8317.9518.3920.2032.48
Full-Time Employees5,6005,8005,8005,3405,5305,3506,6006,7004,900
Price to Book Ratio0.680.320.480.290.160.120.350.320.33
Return on Assets-16.65-2.58-4.69-3.02-2.79-2.47-5.04-8.30-12.69
Return on Equity-31.70-4.95-9.00-5.65-5.23-4.87-10.05-15.46-21.94
Return on Invested Capital-21.47-3.05-5.35-3.48-3.23-2.94-5.94-8.79-15.75
Quick Ratio1.271.211.221.041.571.661.832.383.06
Current Ratio1.561.471.521.291.881.982.112.713.36

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income292.00-2,915.00-512.00-954.00-621.00-591.00-568.00-1,257.00-2,003.00
Depreciation584.00659.00743.00796.00852.00962.00996.001,042.00930.00
Other Funds (Non Cash)249.003,225.00512.00537.00265.00153.00324.00608.001,518.00
Funds from Operations970.00858.00701.00397.00542.00652.00812.00641.00429.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-47.00-109.00-254.00-233.00-94.00-77.00-414.00-301.00129.00
Cash from Operating Activities923.00749.00447.00164.00448.00575.00398.00340.00558.00
Capital Expenditures-123.00-123.00-254.00-427.00-717.00-208.00-265.00-387.00-184.00
Net Assets From Acquisitions0.000.000.000.000.000.000.000.00-883.00
Sale of Fixed Assets and Businesses71.0084.00106.0017.007.009.0024.0070.0043.00
Purchase or Sale of Investments-11.006.000.00-10.00-42.00-1.00-14.0046.00227.00
Purchase of Investments-52.000.000.00-10.00-42.00-1.00-19.00-77.00-280.00
Sale Or Maturity of Investments41.006.000.000.000.000.005.00123.00507.00
Other Uses0.000.00-3.00-3.00-5.00-33.00-2.000.000.00
Other Sources13.000.000.000.000.000.000.003.000.00
Cash from Investing Activities-50.00-33.00-151.00-423.00-757.00-233.00-257.00-268.00-797.00
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock0.00421.000.000.00275.00158.000.000.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.00421.000.000.00275.00158.000.000.000.00
Proceedsfrom Stock Options0.00421.000.000.00263.00158.000.000.000.00
Issuance or Reduction of Debt, Net-1,332.00-1,064.00-333.00266.00-379.00-606.00-894.00-269.00-51.00
Change in Long Term Debt-1,332.00-1,064.00-333.00266.00-379.00-606.00-894.00-269.00-51.00
Issuance of Long Term Debt492.00492.001,770.001,983.00175.000.00743.001,056.002,054.00
Reduction of Long Term Debt-1,824.00-1,556.00-2,103.00-1,717.00-554.00-606.00-1,637.00-1,325.00-2,105.00
Net Financing Active Other Cash Flow-7.00-17.00-17.00-3.00-8.00-42.00-36.00-43.00-96.00
Other Financing Activities Uses-7.00-17.00-17.00-3.00-8.00-42.00-36.00-43.00-122.00
Cash from Financing Activities-1,339.00-660.00-350.00263.00-112.00-490.00-930.00-312.00-147.00
Net Change in Cash-466.0056.00-54.004.00-421.00-148.00-789.00-240.00-386.00
Free Cash Flow800.00626.00193.00-263.00-269.00367.00133.00-47.00374.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow7.386.3317.97--4.7910.68-8.68
Deferred Taxes & Investment Tax Credit--111.00-42.0018.0046.00128.0060.00248.00-16.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments784.00795.00615.00997.001,250.00772.00
Short Term Receivables645.00604.00638.00540.00574.00577.00
Inventories371.00379.00383.00378.00382.00427.00
Other Current Assets189.00134.00130.00166.00211.00224.00
Total Current Assets1,989.001,912.001,766.002,081.002,417.002,000.00
Net Property, Plant & Equipment12,238.0012,343.0012,459.0012,577.0012,688.0014,752.00
Total Investments and Advances0.000.000.00121.000.000.00
Deferred Tax Assets62.0070.0047.0061.0095.0048.00
Other Assets779.00842.00879.00794.00974.001,011.00
Total Assets15,068.0015,167.0015,151.0015,642.0016,174.0017,811.00
Short Term Debt Incl. Current Port. of LT Debt460.00397.00329.00504.001,372.00666.00
Accounts Payable269.00283.00229.00242.00232.00253.00
Income Tax Payable6.009.0028.0022.005.008.00
Other Current Liabilities568.00514.00562.00568.00626.00655.00
Total Current Liabilities1,303.001,203.001,148.001,336.002,235.001,582.00
Long Term Debt4,558.004,722.004,945.005,467.004,849.005,885.00
Provision for Risks Charges0.000.000.00103.000.000.00
Deferred Tax Liabilities254.00340.00317.00404.00403.00345.00
Other Liabilities499.00532.00549.00224.00609.00645.00
Total Liabilities6,614.006,797.006,959.007,534.008,096.008,457.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity8,454.008,370.008,192.008,108.008,078.009,353.00
Total Shareholders Equity8,454.008,370.008,192.008,108.008,078.009,353.00
Accumulated Minority Interest0.000.000.000.000.001.00
Total Equity8,454.008,370.008,192.008,108.008,078.009,354.00
Total Liabilities & Stockholders Equity15,068.0015,167.0015,151.0015,642.0016,174.0017,811.00
Book Value Per Share7.577.497.407.367.3410.37
Tangible Book Value Per Share7.577.497.407.367.3410.37
Full-Time Employees---5,600--
Price to Book Ratio0.680.660.900.560.300.22
Return on Assets1.87-10.05-16.18-16.65-16.44-7.89
Return on Equity3.53-18.70-30.05-31.70-32.05-14.99
Return on Invested Capital0.201.300.540.18-14.88-6.16
Quick Ratio1.241.271.201.270.910.99
Current Ratio1.531.591.541.561.081.26

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income26.00170.0071.0025.00-1,923.00-938.00
Depreciation146.00148.00143.00147.00161.00175.00
Other Funds (Non Cash)126.00-115.00177.0061.002,030.001,147.00
Funds from Operations181.00203.00318.00268.00279.00212.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-7.0033.00-154.0081.00-33.00-84.00
Cash from Operating Activities174.00236.00164.00349.00246.00128.00
Capital Expenditures-43.00-24.00-28.00-28.00-11.00-24.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses5.001.0025.0040.0034.008.00
Purchase or Sale of Investments-11.00-2.000.002.000.004.00
Purchase of Investments-50.00-2.000.000.000.000.00
Sale Or Maturity of Investments39.000.000.002.000.004.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.0013.000.000.000.00
Cash from Investing Activities-49.00-25.0010.0014.0023.00-12.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock0.000.000.000.00421.000.00
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.00421.000.00
Proceedsfrom Stock Options0.000.000.000.00421.000.00
Issuance or Reduction of Debt, Net-132.00-30.00-556.00-614.00-210.00-30.00
Change in Long Term Debt-132.00-30.00-556.00-614.00-210.00-30.00
Issuance of Long Term Debt0.000.000.00492.000.000.00
Reduction of Long Term Debt-132.00-30.00-556.00-1,106.00-210.00-30.00
Net Financing Active Other Cash Flow-4.00-1.000.00-2.00-2.00-5.00
Other Financing Activities Uses-4.00-1.000.00-2.00-2.00-5.00
Cash from Financing Activities-136.00-31.00-556.00-616.00209.00-35.00
Net Change in Cash-11.00180.00-382.00-253.00478.0081.00
Free Cash Flow131.00212.00136.00321.00235.00104.00
Price to Free Cash Flow7.386.509.367.276.226.01

Revenue breakdown

Harsh Environment Floaters2024: 1.01B 2025: 1.19B
Ultra Deepwater Floaters2024: 2.52B 2025: 2.78B
Brazil2024: 727.00M 2025: 872.00M
Norway2024: 654.00M 2025: 639.00M
Other Geographical2024: 577.00M 2025: 819.00M
United States2024: 1.57B 2025: 1.64B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3031.86%322.6M1012.7M42.54M
2026-10-1530.88%312.7M1012.7M41.78M
2026-09-3029.53%299.0M1012.5M42.17M
2026-09-1527.43%277.8M1012.5M41.56M
2026-08-3126.18%265.0M1012.5M38.40M
2026-08-1426.55%268.9M1012.5M38.44M
2026-07-3125.14%254.4M1012.0M37.06M
2026-07-1523.96%242.5M1012.0M35.32M
2026-06-3021.99%222.5M1012.1M33.64M
2026-06-1521.65%219.1M1011.7M33.61M
2026-05-2920.92%211.5M1011.1M35.50M
2026-05-1522.00%222.4M1011.1M37.65M
2026-04-3020.85%210.5M1009.7M45.72M
2026-04-1520.33%195.0M959.4M45.83M
2026-03-3121.05%200.6M952.8M46.69M
2026-03-1319.61%186.8M952.8M44.54M
2026-02-2718.44%175.7M952.8M42.74M
2026-02-1317.37%165.5M952.8M40.82M
2026-01-3013.95%132.8M951.4M34.75M
2026-01-1513.62%129.6M951.2M40.25M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call1.004.254.454.3518.19496.0018.000.994-0.0190.000
call1.503.753.953.7513.83536.000.000.992-0.0190.000
call2.003.253.453.4110.9355.007.000.990-0.0180.000
call2.502.812.922.908.0774.004.000.987-0.0180.000
call3.002.302.442.397.1387.005.000.973-0.0290.000
call3.501.811.991.886.0489.001.000.979-0.0170.000
call4.001.311.411.393.6255.003.000.971-0.0160.000
call4.500.810.920.862.61013.004.000.957-0.0140.000
call5.000.320.380.371.1196313330.857-0.0210.001
call5.500.020.040.040.6719851,3980.274-0.0240.001
call6.000.000.010.021.0232,5003270.061-0.0130.000
call6.500.000.010.011.6501,5820.000.071-0.0220.001
call7.000.000.010.011.7921,8580.000.033-0.0110.000
call7.500.000.010.042.2574450.000.030-0.0150.000
call8.000.000.140.012.80131.000.000.026-0.0180.000
call8.500.000.010.062.6881.000.000.024-0.0120.000
call9.000.000.140.073.4613.000.000.022-0.0190.000
call9.500.000.140.013.5952.000.000.021-0.0180.000
call10.000.000.100.073.8591.000.000.020-0.0190.000
put1.000.000.010.059.86117.000.00-0.010-0.0210.000
put1.500.000.010.018.1986.003.00-0.008-0.0170.000
put2.000.000.080.067.3559.004.00-0.017-0.0310.000
put2.500.000.100.075.2013.000.00-0.013-0.0180.000
put3.000.000.100.074.0583.000.00-0.016-0.0170.000
put3.500.000.080.073.0844.000.00-0.021-0.0160.000
put4.000.000.140.012.2225000.00-0.029-0.0150.000
put4.500.000.010.011.6527370.00-0.069-0.0220.001
put5.000.000.020.010.7952,342161-0.151-0.0210.001
put5.500.180.220.310.7593,7490.00-0.726-0.0240.001
put6.000.630.730.631.7182,3994.00-0.940-0.0120.000
put6.501.091.261.322.80561.000.00-0.957-0.0140.000
put7.001.581.761.823.3424.000.00-0.965-0.0150.000
put7.502.012.342.294.6565.000.00-0.970-0.0160.000
put8.002.512.842.845.1826.000.00-0.974-0.0170.000
put8.503.003.353.385.7622.000.00-0.976-0.0170.000
put9.003.503.853.826.2002.000.00-0.978-0.0180.000
put9.504.004.350.006.6960.000.00-0.979-0.0180.000
put10.004.504.850.007.0720.000.00-0.980-0.0190.000

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-028-KCurrent report2026-11-02SEC
2026-11-02DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-238-KCurrent report2026-10-23SEC
2026-10-198-KCurrent report2026-10-19SEC
2026-10-158-KCurrent report2026-10-15SEC
2026-10-14DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-148-KCurrent report2026-10-14SEC
2026-10-14DEFM14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-10-098-KCurrent report2026-10-09SEC
2026-09-30DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-09-308-KCurrent report2026-09-30SEC
2026-09-158-KCurrent report2026-09-15SEC
2026-08-208-KCurrent report2026-08-20SEC
2026-08-0710-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-058-KCurrent report2026-08-05SEC
2026-07-074Statement of changes in beneficial ownership of securities2026-07-02SEC
2026-07-01DEFA14AProxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934SEC
2026-07-018-KCurrent report2026-06-29SEC
2026-06-168-KCurrent report2026-06-16SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-274Statement of changes in beneficial ownership of securities2026-05-22SEC
2026-05-268-KCurrent report2026-05-22SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-07173.25K100
2026-060000
2026-0500608.97K1
2026-040000
2026-0300498.43K1
2026-020000
2026-0100984.56K4
2025-1200455.77K3
2025-1118.09M32.29M2

Institutional holders

Manager% owned
BlackRock, Inc.8.23%
DIMENSIONAL FUND ADVISORS LP4.83%
VANGUARD PORTFOLIO MANAGEMENT LLC4.41%
TWO SIGMA INVESTMENTS, LP4.14%
VANGUARD CAPITAL MANAGEMENT LLC4.05%
D. E. Shaw & Co., Inc.3.74%
Slate Path Capital LP3.34%
UBS Group AG3.01%
Capital World Investors2.77%
STATE STREET CORP2.43%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND2.85%
iShares Russell 2000 ETF2.27%
Avantis U.S. Small Cap Value ETF2.25%
VANGUARD SMALL-CAP INDEX FUND2.06%
SMALLCAP World Fund Inc2.03%
VanEck Oil Services ETF1.51%
VANGUARD SMALL-CAP GROWTH INDEX FUND1.19%
U.S. SMALL CAP VALUE PORTFOLIO1.17%
VANGUARD EXTENDED MARKET INDEX FUND1.03%
Fidelity Small Cap Index Fund0.97%

OakChart. RIG. Cached 15 minutes.