Transocean (RIG)

• Market cap: $2.95B
• 1 day: -5.62%
• 5 days: -8.20%
• 1 month: -15.15%
• 3 months: -22.58%
• 6 months: -31.85%
• Year to date: -14.94%
• 1 year: -30.86%
• 5 years: -19.23%
• 10 years: -79.34%
• Sector: Energy
• Industry: Drilling Oil & Gas Wells

About: Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. Its segment involves contracting mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells.

Employees: 5,800

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

55% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 53

50% more funds holding in top 10

Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]

29% more call options, than puts

Call options by funds: $96.4M | Put options by funds: $74.8M

2% more funds holding

Funds holding: 420 [Q3] → 429 (+9) [Q4]

0.36% more ownership

Funds ownership: 69.23% [Q3] → 69.58% (+0.36%) [Q4]

2% less repeat investments, than reductions

Existing positions increased: 124 | Existing positions reduced: 127

11% less capital invested

Capital invested by funds: $2.57B [Q3] → $2.29B (-$288M) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4.50 34% upside
• Avg. target: $5 49% upside
• High target: $5.50 64% upside

4 analyst ratings

• positive: 1 25%
• neutral: 3 75%
• negative: 0 0%

Evercore ISI Group James West 57% 1-year accuracy 21 / 37 met price target	49% upside $5	In-Line Downgraded	15 Jan 2025
TD Cowen Marc Bianchi 55% 1-year accuracy 18 / 33 met price target	64% upside $5.50	Hold Maintained	8 Jan 2025
Barclays David Anderson 45% 1-year accuracy 36 / 80 met price target	34% upside $4.50	Overweight Upgraded	18 Dec 2024
JP Morgan Arun Jayaram 40% 1-year accuracy 14 / 35 met price target	49% upside $5	Neutral Upgraded	6 Dec 2024