RIG
Transocean Ltd.- Energy
- Oil & Gas Drilling
- $5.76B market cap
Model Signal
Analyst Consensus
ForecastQ Portfolios
RIG is not in any ForecastQ portfolio today. The model scores it with every run; the names it picked are in Portfolios.
Company Profile
Transocean Ltd., in conjunction with its subsidiaries, offers specialized contract drilling services for oil and natural gas wells throughout the world. The company provides mobile offshore drilling rigs, all necessary equipment, and skilled workforces to carry out these drilling operations. As of February 14, 2022, Transocean oversaw and held partial ownership interests in a fleet of 37 mobile offshore drilling units. This fleet notably included 27 ultra-deepwater floaters and 10 floaters built to withstand harsh environmental conditions. Its clientele is varied, consisting of major integrated energy corporations, state-owned or government-controlled oil enterprises, and numerous independent energy companies. Established in 1926, Transocean's corporate headquarters are located in Steinhausen, Switzerland.