Yahoo · Aug 28, 2026
Is RIG Worth Buying as Cash Flow Improves but Leverage Stays High?
Transocean's improving cash flow, falling debt and strong backlog support upside, but high interest costs and valuation keep the risk-reward balanced.
RI
NYSE · RIG
Transocean Ltd.
Energy · Oil & Gas Drilling
$5.71
Up+$0.06 (+1.05%)
Updated Sep 10, 2026, 11:40 PM
SID Score
6.2/10
Composite research score
Smart Money
62/100
Neutral
- Market cap
- 3.87B
- P/E ratio
- -1.33
- Dividend yield
- 0.00%
- 52-week range
- $3.01 – $7.66
- Volume
- 45.76M
- Avg. volume
- 48.23M
Price performance
RIG price history
1M range · 20 trading sessions · Daily adjusted prices
RIG closed at $5.71 after 20 trading sessions, up 0.18% for the selected period.
- Last close
- $5.71
- Period change
- +0.18%
- Period low
- $5.60
- Period high
- $6.22
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Sep 9, 2026 | $5.845 | $5.93 | $5.69 | $5.71 | 45.76M |
| Sep 8, 2026 | $5.92 | $6.02 | $5.76 | $5.76 | 44.1M |
| Sep 4, 2026 | $5.96 | $5.96 | $5.77 | $5.85 | 40.66M |
| Sep 3, 2026 | $6.272 | $6.272 | $6.01 | $6.02 | 43.5M |
| Sep 2, 2026 | $5.86 | $6.27 | $5.79 | $6.22 | 53.36M |
| Sep 1, 2026 | $5.90 | $5.99 | $5.80 | $5.92 | 37.12M |
| Aug 31, 2026 | $5.95 | $5.98 | $5.75 | $5.81 | 27.52M |
| Aug 28, 2026 | $5.735 | $5.86 | $5.675 | $5.80 | 34.88M |
| Aug 27, 2026 | $5.63 | $5.82 | $5.57 | $5.74 | 44.26M |
| Aug 26, 2026 | $5.68 | $5.74 | $5.58 | $5.60 | 23.53M |
| Aug 25, 2026 | $5.66 | $5.81 | $5.66 | $5.75 | 30.01M |
| Aug 24, 2026 | $5.82 | $5.85 | $5.655 | $5.77 | 37.02M |
| Aug 21, 2026 | $6.05 | $6.14 | $5.905 | $5.92 | 29.51M |
| Aug 20, 2026 | $5.99 | $6.06 | $5.93 | $6.01 | 36.32M |
| Aug 19, 2026 | $5.90 | $5.95 | $5.825 | $5.84 | 42.31M |
| Aug 18, 2026 | $5.95 | $5.99 | $5.79 | $5.82 | 39.19M |
| Aug 17, 2026 | $5.80 | $5.87 | $5.72 | $5.87 | 45.52M |
| Aug 14, 2026 | $5.76 | $5.975 | $5.75 | $5.76 | 46.83M |
| Aug 13, 2026 | $5.65 | $5.78 | $5.57 | $5.72 | 61.13M |
| Aug 12, 2026 | $5.75 | $5.79 | $5.65 | $5.70 | 45.09M |
Latest RIG news
The latest Smart Investors Daily articles mentioning RIG.
Stock researchCompany · Overview
RIG research
Overview
Company profile and research snapshot.
Company profile
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.
Visit company websiteAnalyst outlook
Consensus and target data currently published for this company.
- Consensus
- —
- Average target
- $4.50
- Implied upside
- —
- Analysts
- —
| Date | Firm | Rating | Target |
|---|---|---|---|
| Aug 12, 2026 | Barclays | Overweight | — |
| Jul 8, 2026 | Susquehanna | Positive | — |
| May 7, 2026 | Barclays | Overweight | — |
| May 6, 2026 | TD Cowen | Hold | — |
| Apr 15, 2026 | Morgan Stanley | Equal-Weight | — |
News briefing
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Yahoo · Aug 27, 2026
2 High-Flying Stocks on Our Watchlist and 1 Facing Headwinds
“You get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.
Benzinga · Aug 25, 2026
Under the Radar: The AI Trade Is Becoming an Energy Trade
There is an old investing rule that has served me pretty well over the years. When everybody is rushing toward the same gold mine, spend some time looking at the people selling the picks, shovels, and
Benzinga · Aug 20, 2026
Transocean Signs $300M ONGC Deal For Dhirubhai Deepwater KG2
Transocean secured a two-year binding ONGC contract for its Dhirubhai Deepwater KG2 drillship, with $300 million in contract value.
AI research layers
Interpretive context generated from the platform’s current data sources.
No results
AI research layers have not been published yet.
