RIG NYSE
Credit Risk of going bust: higher than 69% of companies Debt: 41.2% of company value Bonds: $712.8M held by 429 funds, 280 bp over Treasuries → details ▾
Total debt $5.12B against a stock market value of $7.29B.
Distance to default 3.49 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $2.76B (short-term plus half of long-term), stock volatility 49.2%; Altman Z'' -0.42. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.
Zug, ZG 6312
CH
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.
Recent Insider Trades
| Name | Type | Shares | Price | Date |
|---|---|---|---|---|
| DEATON CHAD C | P-Purchase | 35,000 | $4.95 | 2026-07-02 |
| Lacey William F. | F-InKind | 20,934 | $6.70 | 2026-05-26 |
| DEATON CHAD C | F-InKind | 20,932 | $6.70 | 2026-05-26 |
| Mohn Frederik Wilhel | F-InKind | 25,597 | $6.70 | 2026-05-26 |
| CHANG VANESSA C L | A-Award | 30,435 | — | 2026-05-22 |