RIG: Transocean Ltd.
About
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.
Current Value
$4.361 Year Return
Current Value
$4.361 Year Return
Key Details
Market Cap
$3.82B
P/E Ratio
-5.74
1Y Stock Return
-31.55%
1Y Revenue Growth
22.84%
Dividend Yield
0.00%
Price to Book
0.4
Strategies that include RIG
Stock's related to RIG
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VAL | 76.55% | $3.30B | -32.50% | 0.00% |
| SDRL | 72.42% | $2.75B | -7.05% | 0.00% |
| OII | 70.34% | $3.09B | +47.80% | 0.00% |
| MUR | 67.09% | $4.72B | -24.46% | 3.65% |
| TDW | 66.78% | $2.69B | -15.06% | 0.00% |
| DVN | 66.08% | $24.71B | -14.08% | 2.85% |
| MTDR | 65.75% | $7.35B | +2.19% | 1.42% |
| MGY | 65.13% | $5.38B | +27.96% | 1.88% |
| CIVI | 64.57% | $4.91B | -21.68% | 3.88% |
| HAL | 64.53% | $27.73B | -15.55% | 2.10% |
| CHRD | 64.27% | $7.76B | -20.41% | 6.37% |
| VET | 64.23% | $1.57B | -15.57% | 3.32% |
| OVV | 63.45% | $11.52B | +1.26% | 2.68% |
| NOG | 63.31% | $4.32B | +15.71% | 3.71% |
| NOV | 62.42% | $6.33B | -14.56% | 1.52% |
| NBR | 62.34% | $692.24M | -17.04% | 0.00% |
| PR | 62.30% | $10.74B | +17.64% | 2.98% |
| COP | 62.24% | $137.30B | -7.16% | 2.72% |
| APA | 62.21% | $8.26B | -37.63% | 4.41% |
| SM | 61.36% | $5.06B | +18.61% | 1.65% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| CHD | -22.68% | $27.25B | +16.97% | 1.02% |
| EW | -20.35% | $41.60B | +1.95% | 0.00% |
| CPB | -17.23% | $13.76B | +12.73% | 3.22% |
| CBOE | -16.78% | $22.18B | +16.57% | 1.10% |
| COR | -16.22% | $48.29B | +22.63% | 0.82% |
| MCK | -15.18% | $78.87B | +35.27% | 0.43% |
| SYK | -15.16% | $148.53B | +33.92% | 0.82% |
| KMB | -15.06% | $46.54B | +12.39% | 3.48% |
| CAH | -13.44% | $29.64B | +13.97% | 1.63% |
| CL | -13.38% | $79.34B | +22.96% | 2.05% |
| MNOV | -13.21% | $116.73M | +36.78% | 0.00% |
| RSG | -13.16% | $67.32B | +32.23% | 1.02% |
| MDLZ | -13.11% | $87.22B | -8.41% | 2.68% |
| PG | -12.50% | $423.20B | +18.18% | 2.21% |
| CLX | -11.45% | $20.61B | +15.81% | 2.90% |
| TFX | -10.65% | $9.02B | -15.28% | 0.70% |
| LUNR | -10.20% | $1.18B | +337.24% | 0.00% |
| BTCT | -9.96% | $60.65M | +335.42% | 0.00% |
| PCVX | -9.95% | $11.42B | +69.07% | 0.00% |
| ABT | -9.30% | $202.60B | +11.05% | 1.88% |
ETF's related to RIG
Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| XES | 79.58% | $226.79M | 0.35% |
| OIH | 76.77% | $1.74B | 0.35% |
| IEZ | 75.38% | $163.22M | 0.4% |
| PSCE | 74.35% | $106.52M | 0.29% |
| PXJ | 73.30% | $43.97M | 0.66% |
| XOP | 69.46% | $2.70B | 0.35% |
| FXN | 69.45% | $425.05M | 0.62% |
| FCG | 68.68% | $426.08M | 0.6% |
| FTXN | 68.57% | $172.28M | 0.6% |
| PXE | 68.42% | $114.35M | 0.63% |
| IEO | 68.19% | $648.93M | 0.4% |
| VDE | 68.14% | $8.35B | 0.1% |
| FENY | 67.98% | $1.64B | 0.084% |
| IGE | 67.89% | $646.72M | 0.41% |
| IXC | 67.25% | $2.20B | 0.41% |
| IYE | 66.97% | $1.35B | 0.39% |
| RSPG | 66.47% | $550.39M | 0.4% |
| DRLL | 65.57% | $341.74M | 0.41% |
| XLE | 64.84% | $37.77B | 0.09% |
| PPI | 59.22% | $58.93M | 0.78% |
News
SeekingAlpha
XES offers diversified exposure to oil and gas equipment and services, with significant SMID cap holdings. Read why I rate XES ETF a Buy.
Yahoo
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Yahoo
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
SeekingAlpha
We expect Bristow Group to return capital to shareholders in 2025 despite headwinds, reiterating a Buy rating on VTOL stock. Read an investment analysis here.
Yahoo
We recently compiled a list of the Top 10 Oil and Gas Stocks To Buy According to Analysts. In this article, we are going to take a look at where Transocean Ltd. (NYSE:RIG) stands against the other oil and gas stocks to buy. While renewable energy sources garner increasing attention, the demand for oil and gas […]
SeekingAlpha
Read more on the Transocean stock's potential merger with Seadrill, fully contracted fleet, undervalued stock, and positive outlook for the future.
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.