RIG NYSE
Transocean Ltd.
1W: +11.2%
1M: +22.5%
3M: +30.7%
YTD: +52.6%
1Y: +65.9%
3Y: -9.6%
5Y: +59.8%
$6.46
-0.07 (-1.07%)
Weekly Expected Move ±5.7%
$6
$6
$6
$7
$7
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 ▾
If the stock fell to about $0.40 (down 94%), Transocean Ltd. would be worth roughly what it owes.
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.
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.
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14 relationships13
As Filer
counterparties named
1
As Counterparty
mentioned by others
5
Rel. Types
2021-06-07
Earliest Filing
2026-02-10
Latest Filing
partner: 7
supplier: 2
customer: 2
acquirer: 1
target: 1
Counterparties (Filed by RIG)
13 relationshipsCompanies named in RIG's SEC 8-K filings as business counterparties.
| Counterparty | Ticker | Relationship | Summary | Filing Date | SEC |
|---|---|---|---|---|---|
| Transocean Ltd. | RIG | acquirer | Acquiring Valaris Limited in a business combination | 2026-02-10 | View |
| Valaris Limited | VAL-WT | target | Target of acquisition by Transocean Ltd. | 2026-02-10 | View |
| Transocean Titan Financing Limited | RIG | partner | Issuer of the 8.375% senior secured notes due 2028 | 2023-01-17 | View |
| Transocean Inc. | RIG | partner | Joint and several guarantor of the notes | 2023-01-17 | View |
| Triton Titan GmbH | — | partner | Joint and several guarantor of the notes | 2023-01-17 | View |
| Truist Bank | — | partner | Trustee and collateral agent for the indenture | 2023-01-17 | View |
| Morgan Stanley & Co. LLC | MS-PL | partner | Manager for the 2022 Equity Offering Program | 2022-08-05 | View |
| Transocean Ltd. | RIG | partner | Company issuing shares in equity distribution agreement | 2021-06-15 | View |
| Jefferies LLC | JEF | partner | Acting as sales agent for the equity distribution | 2021-06-15 | View |
| Sembcorp Marine | — | supplier | Parent company of JSPL, the shipyard building the Deepwater Atlas and Deepwater Titan drillships. | 2021-06-07 | View |
| Jurong Shipyard Pte Ltd | — | supplier | Subsidiary of Sembcorp Marine that is building the Deepwater Atlas and Deepwater Titan drillships. | 2021-06-07 | View |
| BOE Exploration & Production LLC | — | customer | Partner expected to commence drilling operations on the Shenandoah project using the Deepwater Atlas. | 2021-06-07 | View |
| Chevron U.S.A., Inc. | CVX | customer | Partner expected to commence commercial operations of the Deepwater Titan in Q1 2023. | 2021-06-07 | View |
Mentioned As Counterparty
1 mentionsOther companies that named RIG in their SEC 8-K filings.
Recent 8-K Filings (20)
| Filing Date | Description | Type | SEC |
|---|---|---|---|
| 2026-10-23 | Other Events | View | |
| 2026-10-19 | Regulation FD; Exhibits | View | |
| 2026-10-15 | Material Agreement; Financial Obligation; Regulation FD; Exhibits | Agreement | View |
| 2026-10-14 | Other Events | View | |
| 2026-10-09 | Regulation FD; Exhibits | View | |
| 2026-09-30 | Other Events | View | |
| 2026-09-15 | Regulation FD; Exhibits | View | |
| 2026-08-20 | Regulation FD; Exhibits | View | |
| 2026-08-05 | Earnings Release; Regulation FD; Exhibits | View | |
| 2026-07-01 | Regulation FD; Other Events; Exhibits | View | |
| 2026-06-16 | Regulation FD; Exhibits | View | |
| 2026-05-26 | Unregistered Equity Sales; Bylaws Amendment; Shareholder Vote; Exhibits | View | |
| 2026-05-19 | Material Agreement; Exhibits | Agreement | View |
| 2026-05-05 | Other Events | View | |
| 2026-05-04 | Earnings Release; Regulation FD; Exhibits | View | |
| 2026-04-16 | Regulation FD; Exhibits | View | |
| 2026-04-14 | Regulation FD; Exhibits | View | |
| 2026-04-02 | Regulation FD; Exhibits | View | |
| 2026-02-23 | Regulation FD Disclosure; Financial Statements and Exhibits | View | |
| 2026-02-20 | Results of Operations and Financial Condition; Regulation FD Disclosure; Financial Statements and Ex | View |
Data extracted from SEC EDGAR 8-K filings using NLP. Relationships are as disclosed in filing text.
Covers 2021–2026. View on SEC EDGAR