Company
Transocean Ltd.
Headquarters: Steinhausen, Switzerland
Founded: 1973
Employees: 5,000
CEO: Mr. Jeremy D. Thigpen
Market Cap
$5.02 Billion
USD as of Jan. 1, 2024
Transocean Ltd. Categories
Switzerland Energy Oil & Gas DrillingSwitzerland Energy Switzerland Oil & Gas Drilling
Top Competitors by Market Capitalization
Industry: Oil & Gas Drilling
| Company | Market Cap (USD) |
|---|---|
| Patterson-UTI Energy, Inc. | $4.52 B |
| Sinopec Oilfield Service Corp | $3.83 B |
| Helmerich & Payne, Inc. | $3.63 B |
| Seadrill Ltd | $3.45 B |
| Drilling Co of 1972 A-S-The | $2.03 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Aramco | $2.132 T |
| ExxonMobil | $412.55 B |
| Chevron | $287.56 B |
| Shell | $213.51 B |
| PetroChina | $182.61 B |
Detailed 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. As of February 14, 2022, the company had partial ownership interests in and operated a fleet of 37 mobile offshore drilling units, including 27 ultra-deep water and 10 harsh environment floaters. 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.
Top 1-year algo backtest: +298.72%
$10,000 in April 2023 would now be $39,872 by following this algorithm daily at market close.
Boost your stocks returns with Disfold AI... Now!
Try Disfold AI for FREE
Stocks & Indices
Transocean Ltd. has the following listings and related stock indices.
Stock: NYSE: RIG wb_incandescent
Product & Services
Lease and operation of semi-submersible and jack-up drilling rigs and drillships
Key People
Jeremy D. Thigpen, President & CEO Merrill A. Miller, Jr., Chairman Mark L. Mey, CFO Keelan Adamson, COO
Financials
Revenue: US$3.088 billion (2019) US$3.018 billion (2018)
Operating income: −US$721 million (2019)
Net income: −US$1.257 billion (2019)
Total assets: US$24.105 billion (2019)
Total equity: US$11.867 billion (2019)