Transocean
RIGTransocean Ltd. is a leading international provider of offshore contract drilling services for oil and gas wells.
Earnings
Next report
Aug 5, 2026 (In 6 days)Revenue estimate$956.8M
EPS estimate$0.01
Valuation & ratios
Segments
By product
Competitors
By market cap
By revenue growth
Profile
Transocean Ltd. is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding regions, focusing on ultra-deepwater and harsh environment drilling services. It operates a versatile fleet of mobile offshore drilling units, including high-specification drillships and semisubmersible floaters, to support global exploration and development activities.
Competitive position
A leading global provider of high-specification offshore drilling services with a focus on ultra-deepwater and harsh environment capabilities.
GeographiesUnited States, Brazil, Norway, Mexico, India, Australia, Global
Customer segmentsEnergy majors, National oil companies
Business modelAsset-heavy service provider, Contract-based services
SuppliersShipyards and rig manufacturers, Specialized drilling equipment suppliers, Fuel and logistical support providers
CustomersIntegrated oil and gas companies, Government-owned energy entities, Offshore exploration firms
CountrySwitzerland
Listed1993
Employees5.4K
CEOKeelan I. Adamson
SectorEnergy
IndustryOil & Gas Drilling
Websitedeepwater.com
FilingsSEC EDGAR
Questions, answered.
- What is Transocean's market cap?
- Transocean (RIG) has a market capitalization of $5.5B and trades on NYSE.
- What is Transocean's revenue and profitability?
- Transocean generated $4.1B in trailing twelve-month revenue with a net loss of $2.8B, representing a net margin of -67.4%. Gross margin stands at 42.2%, with free cash flow of $796.0M. These figures are based on the Q1 2026 filing.
- Who are Transocean's competitors?
- Transocean's key competitors include Noble Corporation, Seadrill Limited, Drilling Tools International Corporation Common Stock, and others. These companies compete in similar markets and product categories.
- Who does Transocean partner with?
- Transocean's notable partners include Petrobras.
- What subsidiaries does Transocean have?
- Transocean's subsidiaries include Valaris.
- Where is Transocean headquartered?
- Transocean is headquartered in Switzerland and employs approximately 5,430 people. It has been publicly traded since 1993.
