Added to YB: 2025-11-11
Pitch date: 2025-11-05
RIG [neutral]
Transocean Ltd.
+5.63%
current return
Author Info
Company Info
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.
Market Cap
$4.7B
Pitch Price
$3.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.54
P/E
-1.28
EV/Sales
2.61
Sector
Energy Equipment and Services
Category
turnaround
Bloody Tuesday and Q3 2025 Earnings Updates: $RIG
RIG (earnings): Q3 earnings in line with fleet status transparency. Mgmt very bullish on 2026+ day rates, predicting mid-$500k contracts (vs market expecting low $400k) to be awarded in next 2 months. Claims contracting lull over, rates accelerating through 2027. Previous bullish calls missed on offshore capex cuts - risk of second consecutive rug-pull.
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