Capital One Financial Estimates Transocean Q2 Earnings

Transocean Ltd. (NYSE:RIG) – Equities researchers at Capital One Financial reduced their Q2 2025 earnings per share estimates for shares of Transocean in a note issued to investors on Thursday, February 13th. Capital One Financial analyst D. Becker now anticipates that the offshore drilling services provider will earn $0.00 per share for the quarter, down from their prior forecast of $0.02. The consensus estimate for Transocean’s current full-year earnings is ($0.11) per share. Capital One Financial also issued estimates for Transocean’s Q3 2025 earnings at $0.02 EPS, Q1 2026 earnings at $0.03 EPS, Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.07 EPS, Q4 2026 earnings at $0.06 EPS and FY2026 earnings at $0.21 EPS.

A number of other research firms have also recently weighed in on RIG. Benchmark restated a “hold” rating on shares of Transocean in a report on Tuesday, December 3rd. JPMorgan Chase & Co. upgraded Transocean from an “underweight” rating to a “neutral” rating and set a $5.00 price target on the stock in a report on Friday, December 6th. Barclays upgraded Transocean from an “equal weight” rating to an “overweight” rating and set a $4.50 price target on the stock in a report on Wednesday, December 18th. StockNews.com upgraded Transocean to a “sell” rating in a report on Tuesday, November 12th. Finally, TD Cowen lowered their target price on Transocean from $6.50 to $5.50 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $5.94.

Transocean Stock Performance

RIG opened at $3.54 on Friday. The stock has a market cap of $3.10 billion, a P/E ratio of -4.71, a P/E/G ratio of 0.75 and a beta of 2.70. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.64 and a quick ratio of 1.34. The stock’s 50 day simple moving average is $3.84 and its 200 day simple moving average is $4.28. Transocean has a 1-year low of $3.40 and a 1-year high of $6.88.

Institutional Investors Weigh In On Transocean

Several hedge funds have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. raised its position in shares of Transocean by 10.9% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 25,170 shares of the offshore drilling services provider’s stock worth $107,000 after buying an additional 2,469 shares during the period. Optiver Holding B.V. raised its position in shares of Transocean by 53.6% in the 4th quarter. Optiver Holding B.V. now owns 8,400 shares of the offshore drilling services provider’s stock worth $32,000 after buying an additional 2,933 shares during the period. Ballentine Partners LLC raised its position in shares of Transocean by 19.4% in the 4th quarter. Ballentine Partners LLC now owns 18,247 shares of the offshore drilling services provider’s stock worth $68,000 after buying an additional 2,963 shares during the period. Van Den Berg Management I Inc. raised its position in shares of Transocean by 11.9% in the 4th quarter. Van Den Berg Management I Inc. now owns 28,155 shares of the offshore drilling services provider’s stock worth $106,000 after buying an additional 3,000 shares during the period. Finally, Pallas Capital Advisors LLC raised its position in shares of Transocean by 25.6% in the 4th quarter. Pallas Capital Advisors LLC now owns 15,332 shares of the offshore drilling services provider’s stock worth $57,000 after buying an additional 3,127 shares during the period. Institutional investors and hedge funds own 67.73% of the company’s stock.

Insider Transactions at Transocean

In other news, EVP Roderick James Mackenzie sold 22,000 shares of the firm’s stock in a transaction on Friday, January 10th. The stock was sold at an average price of $4.05, for a total transaction of $89,100.00. Following the sale, the executive vice president now owns 229,596 shares in the company, valued at $929,863.80. This trade represents a 8.74 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 64,000 shares of company stock worth $259,600 over the last quarter. 13.16% of the stock is currently owned by insiders.

Transocean Company Profile

Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. It contracts mobile offshore drilling rigs, related equipment, and work crews to drill oil and gas wells. The company operates a fleet of mobile offshore drilling units, consisting of ultra-deepwater floaters and harsh environment floaters.