transocean is a leading international provider of offshore contract drilling services for oil and gas wells. the company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. building on more than 50 years of experience , our employees are focused on safety and premier offshore drilling performance.
Company profile
Ticker
RIG
Exchange
Website
CEO
Jeremy Thigpen
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
15375 Memorial Corporation • Agon Shipping Inc. • Aguas Profundas, Limitada • Angola Deepwater Drilling Company • AngoSantaFe - Prestacao de Servicos Petroliferos, Limitada • Asie Sonat Offshore Sdn. Bhd. • Blegra Asset Management Limited • Blegra Financing Limited • Challenger Minerals Inc. • Deepwater Drilling (Transocean Ghana) Limited ...
IRS number
980599916
RIG stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
18 Apr 24
8-K
Regulation FD Disclosure
17 Apr 24
8-K
Transocean Ltd. Announces Proposed Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031
11 Apr 24
8-K
Transocean Ltd. Announces $195 Million Ultra-Deepwater Drillship Contract
1 Apr 24
ARS
2023 FY
Annual report to shareholders
26 Mar 24
DEFA14A
Additional proxy soliciting materials
26 Mar 24
DEF 14A
Definitive proxy
26 Mar 24
PRE 14A
Preliminary proxy
15 Mar 24
8-K
Unregistered Sales of Equity Securities
6 Mar 24
8-K
Statutory Consolidated Financial Statements
20 Feb 24
Transcripts
RIG
Earnings call transcript
2023 Q4
20 Feb 24
RIG
Earnings call transcript
2023 Q3
31 Oct 23
RIG
Earnings call transcript
2023 Q2
1 Aug 23
RIG
Earnings call transcript
2023 Q1
2 May 23
RIG
Earnings call transcript
2022 Q4
22 Feb 23
RIG
Earnings call transcript
2022 Q3
3 Nov 22
RIG
Earnings call transcript
2022 Q2
2 Aug 22
RIG
Earnings call transcript
2022 Q1
3 May 22
RIG
Earnings call transcript
2021 Q4
23 Feb 22
RIG
Earnings call transcript
2021 Q3
2 Nov 21
Latest ownership filings
4
David A Tonnel
5 Mar 24
4
Brady K Long
5 Mar 24
4
HOWARD E DAVIS
5 Mar 24
4
Keelan Adamson
5 Mar 24
4
Mark-Anthony Lovell Mey
5 Mar 24
4
JEREMY D THIGPEN
5 Mar 24
4
Change in insider ownership
29 Feb 24
4
Perestroika
29 Feb 24
4
Frederik Wilhelm Mohn
29 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 808.00 mm | 808.00 mm | 808.00 mm | 808.00 mm | 808.00 mm | 808.00 mm |
Cash burn (monthly) | 75.33 mm | 44.42 mm | 87.67 mm | 97.75 mm | 14.67 mm | (no burn) |
Cash used (since last report) | 514.08 mm | 303.10 mm | 598.25 mm | 667.06 mm | 100.09 mm | n/a |
Cash remaining | 293.92 mm | 504.90 mm | 209.75 mm | 140.94 mm | 707.91 mm | n/a |
Runway (months of cash) | 3.9 | 11.4 | 2.4 | 1.4 | 48.3 | n/a |
Institutional ownership, Q4 2023
61.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 333 |
Opened positions | 57 |
Closed positions | 155 |
Increased positions | 88 |
Reduced positions | 92 |
13F shares | Current |
---|---|
Total value | 2.27 tn |
Total shares | 502.24 mm |
Total puts | 8.93 mm |
Total calls | 10.20 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Perestroika | 82.60 mm | $322.95 mm |
Vanguard | 68.55 mm | $435.31 bn |
Primecap Management | 50.70 mm | $321.94 bn |
Capital World Investors | 39.01 mm | $247.74 bn |
Dimensional Fund Advisors | 35.69 mm | $226.64 bn |
D. E. Shaw & Co | 35.08 mm | $0.00 |
Slate Path Capital | 20.86 mm | $132.49 bn |
Van Eck Associates | 15.91 mm | $101.02 mm |
MS Morgan Stanley | 14.99 mm | $95.18 bn |
BK Bank Of New York Mellon | 12.58 mm | $79.88 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
4 Mar 24 | David A Tonnel | Registered Shares | Payment of exercise | Dispose F | No | No | 5.08 | 67,789 | 344.37 k | 727,088 |
4 Mar 24 | Brady K Long | Registered Shares | Payment of exercise | Dispose F | No | No | 5.08 | 100,654 | 511.32 k | 1,447,320 |
4 Mar 24 | Howard E Davis | Registered Shares | Payment of exercise | Dispose F | No | No | 5.08 | 102,609 | 521.25 k | 1,427,231 |
4 Mar 24 | Keelan Adamson | Registered Shares | Payment of exercise | Dispose F | No | No | 5.08 | 123,598 | 627.88 k | 1,020,952 |
4 Mar 24 | Mark-Anthony Lovell Mey | Registered Shares | Payment of exercise | Dispose F | No | No | 5.08 | 128,856 | 654.59 k | 1,595,750 |
1 Mar 24 | David A Tonnel | Registered Shares | Option exercise | Acquire M | No | No | 5.09 | 35,655 | 181.48 k | 794,877 |
1 Mar 24 | David A Tonnel | Registered Shares | Option exercise | Acquire M | No | No | 5.09 | 71,002 | 361.40 k | 759,222 |
1 Mar 24 | David A Tonnel | Registered Shares | Option exercise | Acquire M | No | No | 5.09 | 64,735 | 329.50 k | 688,220 |
1 Mar 24 | Brady K Long | Registered Shares | Option exercise | Acquire M | No | No | 5.09 | 52,777 | 268.63 k | 1,547,974 |
1 Mar 24 | Brady K Long | Registered Shares | Option exercise | Acquire M | No | No | 5.09 | 105,097 | 534.94 k | 1,495,197 |
News
B of A Securities Maintains Underperform on Transocean, Raises Price Target to $6
15 Apr 24
Reported Earlier, Transocean Prices Upsized Private Offering Of $1.8B Senior Notes Due 2029 And Senior Notes Due 2031
12 Apr 24
Disney To Rally Around 10%? Here Are 10 Top Analyst Forecasts For Monday
8 Apr 24
Susquehanna Upgrades Transocean to Positive, Raises Price Target to $9
8 Apr 24
Schlumberger, Transocean And More On CNBC's 'Final Trades'
3 Apr 24
Press releases
Transocean Ltd. Announces Results of Tender Offers
18 Apr 24
Transocean Ltd. Provides Quarterly Fleet Status Report
17 Apr 24
Transocean Ltd. Announces the Pricing Terms of Pending Tender Offer
17 Apr 24
Transocean Ltd. Announces Pricing of Upsized Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031
11 Apr 24
Transocean Ltd. Announces Cash Tender Offers
11 Apr 24