Skip to main content
Smart Investors Daily
RI

NYSE · RIG

Transocean Ltd.

Energy · Oil & Gas Drilling

$6.94

Up+$0.25 (+3.74%)

Updated Oct 31, 2026, 10:29 AM

SID Score

7.0/10

Composite research score

Smart Money

58/100

Neutral

Market cap
3.87B
P/E ratio
-1.33
Dividend yield
0.00%
52-week range
$3.68 – $7.66
Volume
47.73M
Avg. volume
48.23M

Price performance · RIG

RIG price history

1M range · 21 trading sessions · Daily adjusted prices

Prices through Oct 30, 2026

RIG closed at $6.94 after 21 trading sessions, up 34.24% for the selected period.

Last close
$6.94
Period change
+34.24%
Period low
$5.17
Period high
$6.94
Daily close
View OHLC price history
RIG OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Oct 30, 2026$6.76$7.035$6.71$6.9447.73M
Oct 29, 2026$6.68$6.81$6.62$6.6944.75M
Oct 28, 2026$6.47$6.73$6.47$6.7140.66M
Oct 27, 2026$6.48$6.54$6.40$6.4645.99M
Oct 26, 2026$6.355$6.58$6.325$6.5363.87M
Oct 23, 2026$6.105$6.52$6.10$6.4145.98M
Oct 22, 2026$6.04$6.11$5.75$6.0854.77M
Oct 21, 2026$5.83$6.05$5.79$6.0431.87M
Oct 20, 2026$5.955$6.03$5.74$5.8250.48M
Oct 19, 2026$5.72$5.98$5.69$5.8956.42M
Oct 16, 2026$5.59$5.73$5.541$5.6251.1M
Oct 15, 2026$5.61$5.61$5.42$5.5144.31M
Oct 14, 2026$5.78$5.82$5.57$5.5857.93M
Oct 13, 2026$5.64$5.78$5.63$5.6537.57M
Oct 12, 2026$5.62$5.70$5.50$5.6036.13M
Oct 9, 2026$5.54$5.605$5.51$5.5115.82M
Oct 8, 2026$5.50$5.61$5.46$5.5430.57M
Oct 7, 2026$5.42$5.50$5.32$5.3919.19M
Oct 6, 2026$5.45$5.50$5.324$5.4026.91M
Oct 5, 2026$5.27$5.61$5.225$5.5149.07M
Oct 2, 2026$5.19$5.22$5.12$5.1728.69M

Latest RIG news

The latest Smart Investors Daily articles mentioning RIG.

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 website

Analyst outlook

Consensus and target data currently published for this company.

Consensus
—
Average target
$4.50
Implied upside
—
Analysts
—
RIG recent ratings
DateFirmRatingTarget
Aug 12, 2026BarclaysOverweight—
Jul 8, 2026SusquehannaPositive—
May 7, 2026BarclaysOverweight—
May 6, 2026TD CowenHold—
Apr 15, 2026Morgan StanleyEqual-Weight—
Open full forecast

News briefing

No generated briefing is available yet.

Yahoo · Oct 23, 2026

Why Transocean (RIG) Is Up 6.2% And What's Next After New Drilling Contracts

Transocean announced multiple offshore drilling contracts in the U.S. Gulf and Norway during October 2026, adding about US$1.6b in firm backlog, including ultra-deepwater drillships and harsh environment semisubmersibles. The newly secured backlog stretches rig visibility well into 2027 and concentrates activity in technically demanding projects, which can influence Transocean’s cost profile, capital planning, and operational execution priorities. We will now examine how this backlog...

AI research layers

Interpretive context generated from the platform’s current data sources.

No results

AI research layers have not been published yet.