Transocean Ltd chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.68
Dividend & YieldN/A$ (N/A)
Beta 2.94
Market capitalization 5.45B
Operating cash flow 448M
ESG Scores 24.6

Company description

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts its mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. It serves integrated energy companies, government-owned or government-controlled oil companies, and other independent energy companies. The company was founded in 1926 and is based in Steinhausen, Switzerland.

Sector: Energy - Industry: Oil & Gas Drilling

Financial Ratios
Quick Ratio1.57
Working Capital-0.52
Return On Equity-0.05
Debt To Equity0.59
Fixed Asset Ratio0.01
Fixed Interest Cover-0.07

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities 22M -327M -160M -12M
Total Cashflows From Investing Activities -268M -257M -233M -757M
Net Borrowings -269M -894M -606M -379M
Total Cash From Financing Activities -312M -930M -490M -112M
Change To Operating Activities -107M -85M -37M -25M
Issuance Of Stock 158M 158M 158M 263M
Net Income -1.25B -567M -592M -621M
Change In Cash -240M -789M -148M -421M
Effect Of Exchange Rate
Total Cash From Operating Activities 340M 398M 575M 448M
Depreciation 1.04B 996M 962M 852M
Change To Account Receivables 87M 67M 137M -15M
Other Cashflows From Financing Activities -43M -36M -42M 4M
Change To Netincome 854M 383M 282M 311M
Capital Expenditures -387M -265M -208M -717M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development
Income Before Tax -1.2B -541M -470M -562M
Net Income -1.25B -567M -592M -621M
Selling General Administrative 192M 209M 161M 180M
Gross Profit 957M 1.17B 871M 907M
Ebit -90M 184M -32M -8M
Operating Income -90M 184M -32M -8M
Interest Expense -660M -575M -447M -561M
Income Tax Expense 59M 27M 121M 59M
Total Revenue 3.09B 3.15B 2.56B 2.58B
Cost Of Revenue 2.13B 1.98B 1.69B 1.67B
Total Other Income ExpenseNet -1.11B -725M -438M -554M
Net Income From Continuing Ops -1.26B -568M -591M -621M
Net Income Applicable To Common Shares -1.25B -567M -592M -621M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 12.24B 10.37B 9.47B 9.64B
Total Stockholder Equity 11.86B 11.43B 11.21B 10.79B
Other Current Liabilities 348M 224M 163M 201M
Total Assets 24.11B 21.8B 20.68B 20.44B
Common Stock 59M 60M 64M 71M
Other Current Assets 717M 569M 584M 452M
Retained Earnings -1.3B -1.87B -2.46B -3.08B
Treasury Stock -324M -263M -84M -185M
Cash 1.79B 1.15B 976M 683M
Total Current Liabilities 1.72B 1.39B 1.3B 1.56B
Other Stockholder Equity -324M -263M -84M -185M
Property, Plant, and Equipment 18.85B 17.67B 17.1B 17.47B
Total Current Assets 3.64B 2.74B 2.44B 2.01B
Net Tangible Assets 11.25B 11.04B 11.03B 10.73B
Net Receivables 654M 583M 492M 485M
Accounts Payable 311M 194M 228M 281M


Insider Transactions

Here are the insider transactions of stock shares related to Transocean Ltd:

Filer Name Transaction Text Ownership Date Filer Relation Shares
TONNEL DAVID ASale at price 7.38 per share.D2023-02-15Officer24.86k
ADAMSON KEELAN ISale at price 7.15 per share.D2023-02-13President50.03k
LONG BRADY KD2023-02-09General Counsel400.75k
DAVIS HOWARD E.D2023-02-09Chief Technology Officer430.8k
THIGPEN JEREMY DD2023-02-09Chief Executive Officer1.4M
TONNEL DAVID AD2023-02-09Officer268.5k
MEY MARK-ANTHONY L.OVELLD2023-02-09Chief Financial Officer541.01k
ADAMSON KEELAN ID2023-02-09President420.78k
TONNEL DAVID ASale at price 6.94 per share.D2023-02-01Officer43.67k
TONNEL DAVID ASale at price 6.15 per share.D2023-01-18Officer14.54k
TONNEL DAVID ASale at price 5.45 per share.D2023-01-10Officer34.27k
TONNEL DAVID ASale at price 4.95 per share.D2023-01-06Officer13.07k
DAVIS HOWARD E.Stock Gift at price 0.00 per share.D2022-11-30Chief Technology Officer22.9k
DAVIS HOWARD E.Stock Gift at price 0.00 per share.D2022-11-30Chief Technology Officer22.9k
DEATON CHADWICK CPurchase at price 4.07 per share.D2022-11-09Director50k
CHANG VANESSA CHEE LINGPurchase at price 3.21 per share.D2022-06-23Director12.3k
MOHN FREDERIK WILHELMPurchase at price 3.75 per share.I2022-05-13Director and Beneficial Owner of more than 10% of a Class of Security2M
PERESTROIKA ASPurchase at price 3.75 per share.D2022-05-13Beneficial Owner of more than 10% of a Class of Security2M
CHANG VANESSA CHEE LINGPurchase at price 3.37 - 3.61 per share.I2022-05-12Director10k
ADAMSON KEELAN ISale at price 5.00 per share.D2022-03-07President349.42k
LONG BRADY KD2022-03-01General Counsel219.72k
DAVIS HOWARD E.D2022-03-01Chief Technology Officer236.19k
THIGPEN JEREMY DD2022-03-01Chief Executive Officer793.16k
TONNEL DAVID AD2022-03-01Officer147.21k
MEY MARK-ANTHONY L.OVELLD2022-03-01Chief Financial Officer296.62k
ADAMSON KEELAN ID2022-03-01President236.28k
LONG BRADY KD2022-02-10General Counsel77.34k
DAVIS HOWARD E.D2022-02-10Chief Technology Officer83.15k
THIGPEN JEREMY DD2022-02-10Chief Executive Officer270.71k
TONNEL DAVID AD2022-02-10Officer51.82k
MEY MARK-ANTHONY L.OVELLD2022-02-10Chief Financial Officer104.42k
ADAMSON KEELAN ID2022-02-10Chief Operating Officer69.61k
DAVIS HOWARD E.Stock Gift at price 0.00 per share.D2021-12-27Chief Technology Officer26.49k
MOHN FREDERIK WILHELMPurchase at price 4.53 per share.I2021-06-25Director and Beneficial Owner of more than 10% of a Class of Security1M
PERESTROIKA ASPurchase at price 4.53 per share.D2021-06-25Beneficial Owner of more than 10% of a Class of Security1M
MOHN FREDERIK WILHELMPurchase at price 4.40 - 4.51 per share.I2021-06-24Director and Beneficial Owner of more than 10% of a Class of Security2M
PERESTROIKA ASPurchase at price 4.40 - 4.51 per share.D2021-06-24Beneficial Owner of more than 10% of a Class of Security2M
MOHN FREDERIK WILHELMPurchase at price 4.09 - 4.20 per share.I2021-06-22Director and Beneficial Owner of more than 10% of a Class of Security2M
PERESTROIKA ASPurchase at price 4.09 - 4.20 per share.D2021-06-22Beneficial Owner of more than 10% of a Class of Security2M
DE SAINT VICTOR DIANEPurchase at price 4.18 per share.D2021-06-22Director10k
MOHN FREDERIK WILHELMPurchase at price 3.93 - 3.97 per share.I2021-06-18Director and Beneficial Owner of more than 10% of a Class of Security2.9M
PERESTROIKA ASPurchase at price 3.93 - 3.97 per share.D2021-06-18Beneficial Owner of more than 10% of a Class of Security2.9M
MOHN FREDERIK WILHELMPurchase at price 4.17 - 4.20 per share.I2021-06-16Director and Beneficial Owner of more than 10% of a Class of Security5M
PERESTROIKA ASPurchase at price 4.17 - 4.20 per share.D2021-06-16Beneficial Owner of more than 10% of a Class of Security5M
LONG BRADY KD2021-05-07General Counsel103.9k
DAVIS HOWARD E.D2021-05-07Chief Technology Officer111.69k
THIGPEN JEREMY DD2021-05-07Chief Executive Officer363.64k
TONNEL DAVID AD2021-05-07Officer69.61k
MEY MARK-ANTHONY L.OVELLD2021-05-07Chief Financial Officer140.26k
ADAMSON KEELAN ID2021-05-07Chief Operating Officer109.09k
LONG BRADY KD2021-03-01General Counsel34.76k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Transocean Ltd. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Transocean Ltd

Here is the result of two systematic investment strategies applied to Transocean Ltd. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Transocean Ltd

The following chart shows the equity curve of the two systematic investment strategies applied to Transocean Ltd:

Transocean Ltd automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 33.83% on the backtest period.

Performance at glance

Performance

33.83 %

Latent gain

765.11 $

Invested capital

2261.59 $

Annualized return

8.17 %
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Momentum strategy results on Transocean Ltd

This is the result of two momentum investment strategies applied to Transocean Ltd. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Transocean Ltd

The following chart shows all the entries opened by the momentum investment system on Transocean Ltd:

Transocean Ltd momentum entries
  • The first momentum investment strategy would give -1.46% of return on Transocean Ltd. That represents -72.92$ of latent gain with 5001.14$ of employed capital.
  • The second momentum investment strategy would give -3.48% of return on Transocean Ltd. That represents -104.55$ of latent gain with 3004.71$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-1.46 %

Latent gain

-72.92 $

Invested capital

5001.14 $

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

-3.48 %

Latent gain

-104.55 $

Invested capital

3004.71 $

Annualized return

-0.95 %

Momentum equity curve on Transocean Ltd

The following chart shows the equity curve of the two momentum strategies applied to Transocean Ltd:

Transocean Ltd momentum equity

Note: the dividends potentially given by Transocean Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Transocean Ltd

The following chart shows the employed capital evolution of the two momentum strategies on Transocean Ltd since the beginning:

Transocean Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Transocean Ltd

Buy the dip entry openings on Transocean Ltd

Transocean Ltd

The performance achieved by the robo-advisor on Transocean Ltd is 0%. That represents 0.0$ of latent gain with 0.0$ of employed capital. The following chart shows Transocean Ltd stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Transocean Ltd, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 $

Invested capital

0.0 $

Annualized return

0.0 %

Equity curve of the strategy applied to Transocean Ltd

The following chart shows the result of the investment strategy applied to Transocean Ltd:

Transocean Ltd

Note: the dividends potentially given by Transocean Ltd are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Transocean Ltd

The following chart shows the employed capital evolution since the beginning of the investment strategy on Transocean Ltd:

Transocean Ltd

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Transocean Ltd

In this section, I will compare the three previous investment strategies applied to Transocean Ltd.

Equity curve comparison on Transocean Ltd

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Transocean Ltd investment strategy comparison

Employed capital comparison on Transocean Ltd

Transocean Ltd investment comparison

Performance comparison on Transocean Ltd

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 33.83% 765.11$ 2261.59$ 8.17%
Momentum 1 quarter -1.46% -72.92$ 5001.14$ -0.37%
Momentum 2 quarters -3.48% -104.55$ 3004.71$ -0.95%
Non-directional 0% 0.0$ 0.0$ 0.0%
Annualized return comparison

Automatic investment

8.17 %

Momentum 1Q

-0.95 %

Momentum 2Q

-0.95 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Transocean Ltd:

Positive correlations

Most correlated stocks this year

  • Transocean Ltd

  • Most correlated stocks last 3 months

  • JLOGO HLDGS
  • Transocean Ltd
  • Eiger BioPharmaceuticals Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Transocean Ltd and the other stocks. There may be false positives or some missing correlated stocks. If the price of Transocean Ltd does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Transocean Ltd
    Country Switzerland
    City Steinhausen
    Address Turmstrasse 30
    Phone 41 41 749 0500
    Website www.deepwater.com
    FullTime employees 5040
    Industry Oil & Gas Drilling
    Sector Energy
    Exchange XNYS
    Ticker RIG
    Market www.nyse.com

    Transocean Ltd ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance 10.08
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance 8.3133333333333
    Social Percentile unknown
    Highest Controversy 3
    Peer Highest Controversy Performance 1.2857142857143
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy: Business Ethics Incidents


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance 9.03
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 24.6
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: AVG_PERF

    Peer Group: Energy Services

    Peer Esg Score Performance: 27.007142857143

    Rating Year: 2023

    Rating Month: 1

    Max Age: 86400

    Percentile: 43