Transocean Ltd. (RIG): one to watch?

Watch, not buy yet — real operational turnaround underway, but shares are stuck near $5 mainly due to an unresolved Valaris merger and DOJ antitrust review.

👀 WATCH Fundamentals59/100

Down 97% from its all-time high of $180.50 — now $5.32

Why RIG dropped

RIG isn't crashing on bad news right now — it's been drifting down even as oil prices rallied, largely because it's in the middle of a stock-for-stock acquisition of rival driller Valaris that is still awaiting full antitrust clearance, creating deal-completion risk and merger-arbitrage selling pressure.

Fwd P/E 18.1Op margin 27.2%Rev growth 19.3%Debt/equity 64.4%Analyst upside 23.4%

How this scored 59/100

✅ Passes all 4 hard checks — profitable, cash-generative, and financially survivable.

✅ Makes money Loss-making today, but operations are profitable (27.2%) and analysts expect positive earnings next year

✅ Generates cash Free cash flow $1.1B

✅ Not drowning in debt Debt/equity 64.4% (limit 200%)

✅ Can pay its bills Current ratio 1.5 (needs 1+)

Bar length shows how much each metric is worth — a 10-point metric is twice as wide as a 5-point one. Hover any row for what it means.

Profitability Does it actually make money? 9/25

Operating margin 27.2% 9/9

Net profit margin -66.8% 0/8

Return on equity -30.0% 0/8

Growth Is it getting bigger, or dying? 18/25

Revenue growth 19.3% 7/9

Earnings growth unknown 2/8

Expected profit change 109.9% 8/8

Value Is it cheap right now? 15/25

Forward P/E 18.1 7/10

PEG ratio 1.2 6/8

Analyst target upside 23.4% 3/7

Balance sheet Will it survive? 17/25

Debt / equity 64.4% 8/10

Current ratio 1.5 3/8

Free cash flow $1.1B 7/7

🔒 Read the full AI analysis

Create a free account to unlock the bull case and the risks for RIG — plus today's other picks.

Analysis generated by SmartStonks's AI from public fundamentals and news, first flagged 2026-08-03. Research only — not financial advice.