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Transocean (RIG) Competitors

$6.20
+0.30 (+5.08%)
(As of 05/31/2024 ET)

RIG vs. VAL, PTEN, HP, HPK, BORR, PDS, NBR, ICD, AMNI, and EQT

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Valaris (VAL), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Nabors Industries (NBR), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and EQT (EQT). These companies are all part of the "oils/energy" sector.

Transocean vs.

Transocean (NYSE:RIG) and Valaris (NYSE:VAL) are both mid-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their earnings, risk, analyst recommendations, dividends, valuation, community ranking, profitability, media sentiment and institutional ownership.

Valaris has a net margin of 44.93% compared to Transocean's net margin of -13.27%. Valaris' return on equity of 3.81% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-13.27% -4.67% -2.42%
Valaris 44.93%3.81%1.62%

Transocean received 903 more outperform votes than Valaris when rated by MarketBeat users. Likewise, 51.72% of users gave Transocean an outperform vote while only 36.36% of users gave Valaris an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
915
51.72%
Underperform Votes
854
48.28%
ValarisOutperform Votes
12
36.36%
Underperform Votes
21
63.64%

Transocean has a beta of 2.83, meaning that its stock price is 183% more volatile than the S&P 500. Comparatively, Valaris has a beta of 1.2, meaning that its stock price is 20% more volatile than the S&P 500.

In the previous week, Transocean and Transocean both had 4 articles in the media. Valaris' average media sentiment score of 1.30 beat Transocean's score of 0.73 indicating that Valaris is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
2 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Valaris
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Transocean currently has a consensus price target of $7.70, suggesting a potential upside of 24.19%. Valaris has a consensus price target of $99.20, suggesting a potential upside of 28.17%. Given Valaris' stronger consensus rating and higher possible upside, analysts plainly believe Valaris is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
1 Sell rating(s)
4 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.40
Valaris
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

Valaris has lower revenue, but higher earnings than Transocean. Transocean is trading at a lower price-to-earnings ratio than Valaris, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$2.95B1.72-$954M-$0.52-11.92
Valaris$1.78B3.14$865.40M$11.436.77

67.7% of Transocean shares are owned by institutional investors. Comparatively, 96.7% of Valaris shares are owned by institutional investors. 13.2% of Transocean shares are owned by company insiders. Comparatively, 0.1% of Valaris shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Summary

Valaris beats Transocean on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding RIG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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RIG vs. The Competition

MetricTransoceanDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$5.08B$1.24B$8.50B$17.80B
Dividend YieldN/A3.58%11.60%3.52%
P/E Ratio-11.924.9810.4622.32
Price / Sales1.792.7878.1810.20
Price / Cash46.459.089.6318.97
Price / Book0.480.803.005.90
Net Income-$954M-$199.48M$976.81M$976.46M
7 Day Performance7.45%1.58%1.54%0.62%
1 Month Performance15.46%6.09%4.61%3.61%
1 Year Performance-5.78%-0.60%7.10%20.81%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VAL
Valaris
3.3287 of 5 stars
$75.78
+3.8%
$99.20
+30.9%
+27.3%$5.29B$1.78B6.635,985Positive News
PTEN
Patterson-UTI Energy
4.8269 of 5 stars
$11.00
+1.9%
$15.67
+42.4%
+7.3%$4.34B$4.15B16.1810,600Options Volume
HP
Helmerich & Payne
2.9608 of 5 stars
$37.64
+1.3%
$42.00
+11.6%
+19.9%$3.67B$2.87B10.756,200Analyst Revision
HPK
HighPeak Energy
1.5829 of 5 stars
$15.48
+3.8%
$23.60
+52.5%
+22.4%$1.91B$1.11B12.4848Short Interest ↑
BORR
Borr Drilling
2.3757 of 5 stars
$7.25
+6.0%
$9.00
+24.1%
-5.9%$1.11B$771.60M42.652,869Dividend Announcement
Short Interest ↓
PDS
Precision Drilling
2.2541 of 5 stars
$73.62
+4.0%
$48.00
-34.8%
+70.6%$1.02B$1.44B6.475,560Gap Up
NBR
Nabors Industries
1.7789 of 5 stars
$76.50
+4.8%
$124.75
+63.1%
-14.6%$818.55M$3.05B-5.5412,000Gap Up
ICD
Independence Contract Drilling
0.2268 of 5 stars
$1.45
+2.1%
N/A-47.7%$21.60M$210.11M-0.44450Analyst Forecast
News Coverage
Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.02
flat
N/A-26.1%$540,000.00$120,000.00-0.163Gap Up
High Trading Volume
EQT
EQT
3.4926 of 5 stars
$41.24
+2.7%
$44.94
+9.0%
+17.1%$18.21B$6.91B29.88881Analyst Upgrade
Insider Selling
Short Interest ↑

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This page (NYSE:RIG) was last updated on 6/2/2024 by MarketBeat.com Staff

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