RIG

Transocean LTD Price

Closed
RIG
$6.83
-$0.09(-1.30%)

*Data last updated: 2026-05-01 04:53 (UTC+8)

As of 2026-05-01 04:53, Transocean LTD (RIG) is priced at $6.83, with a total market cap of $6.16B, a P/E ratio of -1.36, and a dividend yield of 0.00%. Today, the stock price fluctuated between $6.74 and $6.98. The current price is 1.33% above the day's low and 2.14% below the day's high, with a trading volume of 38.45M. Over the past 52 weeks, RIG has traded between $6.74 to $6.98, and the current price is -2.14% away from the 52-week high.

RIG Key Stats

Yesterday's Close$6.96
Market Cap$6.16B
Volume38.45M
P/E Ratio-1.36
Dividend Yield (TTM)0.00%
Dividend Amount$0.15
Diluted EPS (TTM)3.04
Net Income (FY)-$2.91B
Revenue (FY)$3.96B
Earnings Date2026-05-04
EPS Estimate0.07
Revenue Estimate$1.02B
Shares Outstanding885.07M
Beta (1Y)1.375
Ex-Dividend Date2015-08-21
Dividend Payment Date2015-09-23

About RIG

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.
SectorEnergy
IndustryOil & Gas Drilling
CEOKeelan I. Adamson
HeadquartersSteinhausen,None,CH
Employees (FY)5.60K
Average Revenue (1Y)$708.03K
Net Income per Employee-$520.53K

Learn More about Transocean LTD (RIG)

Transocean LTD (RIG) FAQ

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Transocean LTD (RIG) is currently trading at $6.83, with a 24h change of -1.30%. The 52-week trading range is $6.74–$6.98.

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Transocean LTD (RIG) Latest News

2026-04-27 13:01

Luxor and MicroBT Deepen Partnership with $100 Million Mining Rig Deal and Strategic Investment

Gate News message, April 27 — Luxor Technology Corporation, a bitcoin mining infrastructure firm, announced on Sunday (April 20) a significant expansion of its partnership with MicroBT, committing $100 million to purchase WhatsMiner mining rigs. As part of the deal, MicroBT has signed a term sheet to invest in Luxor through its investment manager Inflection Technology Ltd.; the investment size was not disclosed. Luxor is also expanding support for MicroBT WhatsMiner machines through its LuxOS firmware. The new firmware features include power target transitions that can be completed in 30 to 60 seconds while continuing hash operations, and improved ramp-up time during curtailment events. WhatsMiner operators using LuxOS will gain access to Luxor's broader suite of services, including mining pool, hashrate derivatives, energy services, and Luxor Commander for fleet management. Luxor said it will roll out LuxOS support for WhatsMiner rigs in phases. The company's firmware currently runs on more than 300,000 bitcoin mining rigs globally. Beyond mining, Luxor has also expanded into AI infrastructure, offering GPUs, servers, storage, and networking solutions to support miners building AI and high-performance computing infrastructure.

2026-04-27 08:49

Luxor and MicroBT Deepen Partnership with $100M Mining Rig Deal and Strategic Investment

Gate News message, April 27 — Luxor Technology Corporation, a bitcoin mining infrastructure firm, is expanding its partnership with MicroBT through a $100 million commitment to purchase WhatsMiner mining rigs, with MicroBT planning a strategic investment in Luxor via its investment manager Inflection Technology Ltd. The investment size was not disclosed. Luxor will extend support for MicroBT WhatsMiner machines through its LuxOS firmware, which will enable new capabilities including power target transitions within 30 to 60 seconds while continuing to hash, and improved ramp-up time during curtailment events. LuxOS support will be rolled out in phases, granting operators access to Luxor's broader suite of services including mining pool, hashrate derivatives, energy services, and Luxor Commander for fleet management. "Our clients have been asking for WhatsMiner firmware for years, and we have shipped a product that is going to help deliver significant profitability and usability benefits," said Lauren Lin, head of hardware and software at Luxor. Luxor's firmware currently runs on more than 300,000 bitcoin mining rigs globally. The company has also expanded into AI infrastructure, announcing in December plans to extend its hardware business to include GPUs, servers, storage, and networking to support bitcoin miners building AI and high-performance computing infrastructure.

2026-03-02 02:55

ARC (AI Rig Complex) increased by 36.22% in the past 24 hours

Gate News Bot Message, March 2nd, according to CoinMarketCap data, as of press time, ARC (AI Rig Complex) is priced at $0.04, up 36.22% in the past 24 hours, with a high of $0.13 and a low of $0.02. The 24-hour trading volume reached $135 million. The current market cap is approximately $40.6 million, an increase of $10.8 million from yesterday. ## Recent Important News about ARC: 1️⃣ **Circle-led ARC Public Chain Ecosystem Continues to Improve** ARC, a Layer 1 blockchain compatible with EVM launched by Circle for stablecoins, has completed its public testnet launch and attracted participation from top global institutions including BlackRock, Visa, and Anthropic. The gradual development of this ecosystem and increased institutional involvement provide strong fundamental support for the project, reflecting market recognition of its ecosystem prospects. 2️⃣ **Demand Growth Driven by Diverse Application Scenarios** The ARC platform is developing various innovative features, including a native token, cross-chain foreign exchange settlement engine, and multi-currency stablecoin plans. The expansion of these application scenarios is expected to further increase demand for ARC tokens, supporting future ecosystem prosperity. 3️⃣ **Significant Increase in Institutional Capital Participation** In addition to support from large institutions during the testnet phase, market participants have begun conducting large-scale trading of ARC derivatives, with recent monthly trading volume of individual contract products reaching $50 million. This actual participation of institutional capital indicates growing market enthusiasm for investing in the ARC ecosystem’s potential. This message is not investment advice. Please be aware of market volatility risks.

2026-02-25 06:39

ARC (AI Rig Complex) increased by 23.65% over 24 hours, now priced at $0.12

Gate News Bot Message, February 25th, according to CoinMarketCap data, ARC (AI Rig Complex) is currently priced at $0.12, up 23.65% in the past 24 hours. The highest price reached $0.12, and the lowest dropped to $0.07. The 24-hour trading volume is $75.7 million. The current market capitalization is approximately $116 million, an increase of about $22.3 million from yesterday.

2026-02-04 01:29

ARC (AI Rig Complex) increased by 57.12% in the past 24 hours

Gate News Bot Message, February 4th, according to CoinMarketCap data, as of press time, ARC (AI Rig Complex) is currently priced at $0.07, up 57.12% in the past 24 hours, with a high of $0.07 and a low of $0.04. The current market capitalization is approximately $73.3 million, an increase of $26.6 million from yesterday. AI Rig Complex is a project dedicated to artificial intelligence infrastructure, providing related tools and services such as registry, forge, and handshake. ## Recent Important News about ARC: 1️⃣ **Project Positioning and Infrastructure Support** AI Rig Complex focuses on the field of artificial intelligence infrastructure, building the underlying technology foundation for the AI ecosystem by offering core tools and services like registry, forge, and handshake. This clear project positioning aligns with the current market emphasis on AI infrastructure and provides fundamental support for attracting investor attention. 2️⃣ **Market Cap Size and Growth Drivers** As of press time, ARC's market cap has reached $73.3 million, an increase of $26.6 million from the previous day, approximately a 57.12% growth. This growth reflects increased market recognition of the project and also indicates that funds are actively allocated to AI infrastructure projects in the short term. 3️⃣ **Price Fluctuations and Market Hotness** In the past 24 hours, ARC's price has ranged between $0.04 and $0.07, showing a clear upward breakout trend. The rise of over 50% from the lowest to the highest point indicates high market participation and strong bullish sentiment. This price performance usually suggests that the token is at a peak of market attention. This message is not investment advice. Please be aware of market volatility risks when investing.

Hot Posts About Transocean LTD (RIG)

WhaleWatcher

WhaleWatcher

10 hours ago
Ever wondered how people actually create new Bitcoin or Ethereum? Most assume you just buy them on exchanges, but there's actually a whole other side to crypto that most people don't understand - mining. If you're curious about what is mining crypto or thinking about getting into it yourself, here's what you need to know. Basically, crypto mining is how new coins get created and transactions get validated. Miners use computers to solve insanely complicated math puzzles - think of it like cracking codes. When you crack the code and verify a transaction, you get rewarded with newly minted cryptocurrency. But it's way more complex than just running some software on your laptop. The whole thing exists because blockchains don't have a central authority like a bank. Someone has to verify that transactions are legit and prevent fraud like double-spending. That's where miners come in. They secure the network by doing the computational work, and in return they earn coins. It's basically a system of incentives that keeps everything running. There are two main ways transactions get validated. Proof of work is the original method - miners race to solve mathematical equations, and the first one to crack it gets to add the block to the blockchain and claim the reward. Bitcoin uses this. The second approach is proof of stake, which is different because instead of solving puzzles, people who hold the cryptocurrency can put up their coins as collateral for a chance to validate blocks. This uses way less energy - like 99% less according to some reports - which is why it's becoming more popular. Now if you actually want to start mining crypto, you'll need some serious hardware first. A decent GPU rig can cost around $3,000 just to get started. You'll also need a crypto wallet to store your private keys - basically your passwords to access the coins you mine. Most people join mining pools too, which is where a bunch of miners combine their computing power to increase chances of solving blocks faster. When the pool finds a block, everyone in the pool gets a share of the reward. There are different ways to mine. GPU mining uses graphics processing units connected in a rig - it's the more accessible route for regular people. ASIC mining uses specialized chips designed specifically for mining certain cryptocurrencies, and they're way more efficient but also way more expensive. Cloud mining is another option where you basically rent computing power from companies that run massive mining operations - less upfront cost but you don't keep all the profits. The reality though? Mining crypto is expensive. You're spending money on hardware and electricity, and those costs add up fast. Some people do make serious money at it - there were those Texas kids who earned over $30,000 a month mining Bitcoin and other coins - but they're exceptions. For most people, you need to be really strategic about what is mining crypto profitable for you specifically. The environmental angle is real too. Bitcoin mining alone uses about 91 terawatt-hours of electricity annually, which is more than some entire countries. That's a legitimate concern, though proof of stake systems are helping address that issue since they use way less energy. Bottom line: Mining crypto can be profitable if you know what you're doing and have the capital to invest in equipment. But it's not a get-rich-quick scheme. You're competing against massive operations with specialized hardware, so understanding the basics of what is mining crypto and how it actually works is essential before you jump in.
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rugpull_ptsd

rugpull_ptsd

15 hours ago
Ever wonder how people actually make money with crypto beyond just buying low and selling high? There's this whole world of blockchain mining that most casual investors don't really think about. Let me break down what's actually happening when someone mines cryptocurrency. So here's the thing about blockchain mining - it's not like digging for gold. What miners are actually doing is solving insanely complex mathematical puzzles to validate transactions and add new blocks to the blockchain network. When you crack one of these codes, you get to authorize transactions and in return, you earn freshly minted coins. It's basically the security system that keeps everything from getting manipulated. The reason this matters is that decentralized networks like Bitcoin don't have a central authority checking everything. Miners fill that role. They're the ones making sure nobody spends the same coin twice or tries to mess with the ledger. It's actually pretty clever - miners get incentivized with rewards, so they're motivated to keep the network honest. Now, how does this actually work in practice? There are basically two main approaches: Proof of Work and Proof of Stake. Proof of Work is the original method where miners race to solve equations first. Your computer does millions of calculations, and whoever solves it first gets to add the block and claim the reward. It's competitive, energy-intensive, but it works. Proof of Stake is different - instead of racing to solve puzzles, people who hold cryptocurrency can stake their coins as collateral for a chance to validate blocks. Multiple validators get randomly selected from the pool, and they all get rewarded. Here's what's interesting though: Proof of Stake uses about 99% less energy than Proof of Work. That's a massive difference when you consider Bitcoin mining currently uses around 91 terawatt-hours of electricity annually - more than Finland uses in a year. If you actually want to get into mining, you've got options. The most common methods use either GPUs (graphics processing units) or ASICs (application-specific integrated circuits). GPUs are basically high-powered graphics cards bundled together in a rig - you're looking at around $3,000 for a decent setup. ASICs are specialized chips designed specifically for mining particular cryptocurrencies. They're more efficient and profitable than GPUs, but they're also way more expensive and kind of controversial in the mining community because they basically shut out smaller players. There's also cloud mining, which has become popular because it's cheaper. You basically rent computing power from someone else's facility instead of building your own rig. The catch is you won't make as much profit since you're splitting returns, but you avoid the massive upfront hardware costs. Here's the real talk though - mining is expensive. Between hardware and electricity costs, your margins can get pretty tight. I've seen stories like those Texas kids who made over $30,000 a month mining Bitcoin, Ethereum, and Ravencoin, but that's not the typical experience. Most people find it hard to turn a profit unless they're really optimized, and by the time they finish mining, the cryptocurrency price might have dropped anyway given how volatile the market is. The environmental impact is also something worth considering. That's why you're seeing more interest in Proof of Stake alternatives - they could significantly reduce the energy footprint of blockchain mining going forward. Bottom line: blockchain mining is how new cryptocurrency gets created and how transactions get validated on decentralized networks. It's technical, it requires serious investment, and it's competitive. But if you understand the mechanics and have the capital to back it, it's one way some people are generating income in crypto.
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ser_we_are_early

ser_we_are_early

15 hours ago
So you think crypto mining is just about getting rich quick? I used to think the same thing until I actually dug into how it works. Here's the reality: what is crypto mining really comes down to solving insanely complex math puzzles on your computer. But it's way more than that. You're basically validating transactions on a blockchain, preventing double-spending, and securing the entire network. Miners get rewarded with newly minted coins for doing this work. It's actually pretty clever when you think about it. The whole thing relies on consensus mechanisms. Bitcoin uses Proof of Work, which means your computer has to perform millions of computations to crack a code. You solve it, verify the transaction, add it to the blockchain, and boom—you earn crypto. The first miner to solve the puzzle wins that block. Then there's Proof of Stake, which is different. Instead of racing to solve puzzles, you lock up your existing coins as collateral for the chance to validate blocks. Multiple validators get randomly selected from the pool. Here's the kicker: PoS uses 99% less energy than PoW. Way more environmentally friendly, which matters if you care about that stuff. Now, how do you actually get started with what is crypto mining? First, you need serious hardware—we're talking a powerful computer that can handle the bandwidth. Then you set up a crypto wallet to store your private keys. Most people join mining pools to combine resources with other miners and split profits. Solo mining is possible but you'll rarely solve blocks. There are basically three approaches: GPU mining using graphics processors (costs around $3k for a decent rig), ASIC mining with specialized chips designed for specific cryptocurrencies (more expensive but way more efficient), or cloud mining where you rent someone else's hardware. GPU mining is accessible but ASIC dominates Bitcoin mining because it's so much more cost-efficient. The money part? Yeah, you can make solid income. Those Texas siblings—14 and 9 years old—were pulling in over $30k monthly mining Bitcoin, Ethereum, and Ravencoin. But here's what most people miss: the costs are brutal. Hardware is expensive, electricity bills are massive, and your profit margins get razor-thin fast. Plus the crypto market is volatile—by the time you finish mining, the coin might have tanked in value. Then there's the environmental angle. Bitcoin mining alone consumes roughly 91 terawatt-hours of electricity annually—that's more than entire countries like Finland use. It's a real concern, though proof-of-stake alternatives are gradually reducing that footprint. Bottom line: what is crypto mining isn't some get-rich-quick scheme. It's a legitimate way to earn cryptocurrency if you understand the costs, have the right hardware, and can handle the technical side. Most people are better off joining a mining pool or exploring proof-of-stake options if they want to participate without the massive upfront investment.
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