arBtrage CAPITALIZING MARKETS — checking… Sign in Sign up
Calendar /

Transocean Ltd.

RIG Energy Oil & Gas Production
$6.08
▲ +4.5% Today
as of Oct 22, 16:51 ET
Last 30 days +11.56% Sep 14 → Oct 22
$5.10 $5.36 $5.62 $5.89 $6.15 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$6.04
High
$6.11
Low
$5.75
Volume
$54M
Avg Vol
$41M
Mkt Cap
$6.0B
P/E (TTM)
—
Beta
—
52w High
$7.66
52w Low
$3.50
Div Yield
—
Shares Out
$1.1B

Recent Press Releases & News last 60 days · 25 items

Oct 22 · 14:31 Zacks
Transocean Secures $550M in Gulf Contracts, Strengthens Backlog
Oct 20 · 13:15 Zacks
Transocean Advances $5.8B Valaris Deal With Brazil Antitrust Nod
Oct 19 · 22:16 StockStory
Why Is Transocean (RIG) Stock Rocketing Higher Today
▸ Show all 25 press releases & news Free account →

RIG earnings at a glance

Transocean Ltd. (RIG) is scheduled to report earnings on Wednesday, November 4, 2026 — in 12 days. Analysts expect earnings per share of $0.03, compared with $0.06 in the same quarter last year (-50%). The options market is pricing a move of about ±2.3% after the report, a range of roughly $5.94 to $6.22 from today's $6.08. Over its last 6 reports the stock rose the next day 4 times and fell 2, moving ±3.7% on average; after the most recent report on Aug 5, 2026 it moved +0.4%. That means options currently expect less movement than RIG has typically delivered. RIG beat the consensus EPS estimate in 4 of its last 5 reported quarters. Implied volatility is currently 56%. The share price of $6.08 sits in the middle of its 52-week range.

More Energy stocks · All stocks · Earnings calendar

Overview

52-week range
$3.50
$7.66
62% of range
Avg surprise (last 5)
+44.8%
Avg reaction (last 6)
-0.9%
67% positive
Latest IV / EM
56%
EM ±2.3% · $6 · Oct 9

Earnings trends

EPS — actual vs estimate Actual Estimate
$-0.64$-0.45$-0.27$-0.08$0.11 Actual $-0.64Actual $-0.22Actual $-0.28Actual $0.11Actual $-0.15Actual $-0.58Actual $-0.10Est $-0.12Est $-0.01Actual $0.06Est $0.04Actual $-0.03Est $0.07Actual $0.03Est $0.01 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$-1.9B$-1.2B$-394M$371M$1.1B Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Wed Aug 5, 2026Jun/2026 $0.03 $0.01 +200.0% — +0.4% earnings
Mon May 4, 2026Mar/2026 $-0.03 $0.07 -142.9% +70.0% -9.2% earnings
Thu Feb 19, 20268K 2026-02-19 — — — — +2.5% earnings
Wed Oct 29, 2025Sep/2025 $0.06 $0.04 +50.0% — +2.1% earnings
Mon Aug 4, 2025Jun/2025 — $-0.01 +100.0% — +3.6% earnings
Mon Apr 28, 2025Mar/2025 $-0.10 $-0.12 +16.7% — -4.8% earnings
Mon Sep 30, 2024Sep 2024 $-0.58 — — — — financials
Sun Jun 30, 2024Jun 2024 $-0.15 — — — — financials
Sun Mar 31, 2024Mar 2024 $0.11 — — — — financials
Sat Sep 30, 2023Sep 2023 $-0.28 — — — — financials
Fri Jun 30, 2023Jun 2023 $-0.22 — — — — financials
Fri Mar 31, 2023Mar 2023 $-0.64 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Wed Nov 4, 2026Sep/2026OTHER $0.03$0.06 -50.0%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$966M$1.08B—$1.03B$988M$906M—$948M
Cost of revenue$608M$606M—$584M$599M$618M—$563M
Gross profit————————
Operating income$152M$287M—$-1.68B$-964M$64M—$-485M
Net income$170M$71M—$-1.92B$-938M$-79M—$-494M
EPS (diluted)$0.04$0.06—$-2.00$-1.06$-0.11—$-0.58

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$509M$330M$620M$833M$377M$263M$560M$435M
Inventory————————
Total current assets$1.91B$1.77B$2.08B$2.42B$2.00B$2.20B$2.45B$2.34B
Total assets$15.17B$15.15B$15.64B$16.17B$17.81B$19.02B$19.37B$19.51B
Long-term debt————————
Total liabilities————————
Total equity$8.37B$8.19B$8.11B$8.08B$9.35B$10.21B$10.28B$10.23B

Implied volatility — last 90 days

38%82%125%169%212% Jun 07 — IV 66% · EM ±6.1%Jun 08 — IV 63% · EM ±5.3%Jun 09 — IV 65% · EM ±4.7%Jun 10 — IV 73% · EM ±4.3%Jun 11 — IV 73% · EM ±3.1%Jun 15 — IV 60% · EM ±4.4%Jun 16 — IV 59% · EM ±3.5%Jun 17 — IV 86% · EM ±3.6%Jun 19 — IV 61% · EM ±6.8%Jun 22 — IV 53% · EM ±4.4%Jun 23 — IV 63% · EM ±4.5%Jun 24 — IV 88% · EM ±5.2%Jun 25 — IV 184% · EM ±7.7%Jun 29 — IV 54% · EM ±12.7%Jun 30 — IV 49% · EM ±11.5%Jul 01 — IV 163% · EM ±6.8%Jul 03 — IV 38% · EM ±4.2%Jul 06 — IV 54% · EM ±4.5%Jul 07 — IV 57% · EM ±4.1%Jul 08 — IV 96% · EM ±5.7%Jul 09 — IV 77% · EM ±3.2%Jul 13 — IV 63% · EM ±5.2%Jul 14 — IV 74% · EM ±5.4%Jul 15 — IV 50% · EM ±3.0%Jul 16 — IV 82% · EM ±3.4%Jul 20 — IV 57% · EM ±4.8%Jul 21 — IV 82% · EM ±5.9%Jul 22 — IV 82% · EM ±4.8%Jul 23 — IV 67% · EM ±2.8%Jul 27 — IV 77% · EM ±6.4%Jul 28 — IV 60% · EM ±4.3%Jul 29 — IV 60% · EM ±3.5%Jul 30 — IV 71% · EM ±3.0%Aug 03 — IV 88% · EM ±7.4%Aug 04 — IV 94% · EM ±6.8%Aug 05 — IV 102% · EM ±6.0%Aug 06 — IV 130% · EM ±5.4%Aug 10 — IV 68% · EM ±5.7%Aug 11 — IV 68% · EM ±4.9%Aug 12 — IV 136% · EM ±8.1%Aug 13 — IV 196% · EM ±8.2%Aug 17 — IV 49% · EM ±4.1%Aug 18 — IV 68% · EM ±4.9%Aug 19 — IV 58% · EM ±3.4%Aug 20 — IV 54% · EM ±2.3%Aug 24 — IV 68% · EM ±5.7%Aug 25 — IV 135% · EM ±9.7%Aug 26 — IV 54% · EM ±3.2%Aug 27 — IV 213% · EM ±8.9%Aug 31 — IV 54% · EM ±4.5%Sep 01 — IV 60% · EM ±4.3%Sep 02 — IV 72% · EM ±4.3%Sep 03 — IV 58% · EM ±2.4%Sep 07 — IV 64% · EM ±5.4%Sep 08 — IV 71% · EM ±5.1%Sep 09 — IV 74% · EM ±4.4%Sep 10 — IV 117% · EM ±4.9%Sep 14 — IV 47% · EM ±3.9%Sep 15 — IV 65% · EM ±4.7%Sep 16 — IV 69% · EM ±4.0%Sep 17 — IV 89% · EM ±3.7%Sep 21 — IV 64% · EM ±5.3%Sep 22 — IV 57% · EM ±4.1%Sep 23 — IV 56% · EM ±3.3%Sep 24 — IV 57% · EM ±2.4%Sep 28 — IV 53% · EM ±12.4%Sep 29 — IV 50% · EM ±11.6%Sep 30 — IV 89% · EM ±5.2%Oct 01 — IV 123% · EM ±5.1%Oct 06 — IV 51% · EM ±3.7%Oct 07 — IV 60% · EM ±3.5%Oct 08 — IV 56% · EM ±2.3%

Sector peers

SWX
Southwest Gas Holdings, Inc.
$6.0B $91.08+2.2%
VAL
Valaris Limited
$5.7B $92.19+4.3%
MGY
Magnolia Oil & Gas Corporation
$6.5B $25.27-0.8%
MTDR
Matador Resources Company
$6.5B $56.79-1.1%
NE
Noble Corporation plc
$6.5B $43.95+2.7%
LB
LandBridge Company LLC
$6.6B $76.96-3.2%

RIG earnings FAQ

When is RIG's next earnings date?

Transocean Ltd. is expected to report on November 4, 2026.

What is RIG's expected move for earnings?

Options currently price a move of about ±2.3%, or $0.14 per share either way from $6.08.

How does RIG stock usually react to earnings?

Across the last 6 reports the average next-day move was ±3.7%, up 4 times and down 2 times.

What EPS are analysts expecting from Transocean Ltd.?

The consensus estimate is $0.03 per share, versus $0.06 a year ago.

What is RIG's implied volatility?

RIG's at-the-money implied volatility is about 56% based on the latest options snapshot.

View on Nasdaq ↗
🔒 Preview mode. Create a free account to unlock the full earnings calendar, all panels, heatmaps, options flow, and screener.
Sign up free → Sign in