Added to YB: 2025-04-24
Pitch date: 2025-04-22
RIG [neutral]
Transocean Ltd.
+83.78%
current return
Author Info
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Company Info
Transocean Ltd., together with its subsidiaries, provides offshore contract drilling services for oil and gas wells in Switzerland and internationally.
Market Cap
$4.7B
Pitch Price
$2.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.54
P/E
-1.28
EV/Sales
2.61
Sector
Energy Equipment and Services
Category
turnaround
CYN-tillating? Key Holdings: Transocean Ltd.
RIG (holding update): Offshore driller w/ 34 units (26 ultra-deepwater, 8 harsh environment), $8.1bn order book. Day rates doubled in 4yrs. 2024: $1.1bn operating CF, -$0.45bn interest, -$0.74bn depreciation, ~$7bn debt. 2025 outlook: higher day rates, ~$0.6bn net CF to reduce debt, no dividends expected.
Read full article (1 min)