Added to YB: 2025-02-27
Pitch date: 2025-02-25
RIG [neutral]
Transocean Ltd.
+29.87%
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
$3.18
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
Q4 Earnings Update Part III: $RIG
RIG (overview): CEO change, unlikely to alter strategy. Q4 revenue $952M (+28% YoY), EBITDA $338M (+221% YoY). $152M interest expense, but $131M cash flow (4.44% quarterly return). $8.3B backlog. Best positioned for 2026. Seadrill acquisition rumors persist; dilution risk at current valuations. Thesis intact: no drillship orderbook, oil remains crucial.
Read full article (2 min)