Transocean (RIG) Competitors

$6.03
+0.03 (+0.50%)
(As of 05/17/2024 ET)

RIG vs. PTEN, VAL, HP, HPK, SSL, CPG, MGY, UGP, ORA, and SUN

Should you be buying Transocean stock or one of its competitors? The main competitors of Transocean include Patterson-UTI Energy (PTEN), Valaris (VAL), Helmerich & Payne (HP), HighPeak Energy (HPK), Sasol (SSL), Crescent Point Energy (CPG), Magnolia Oil & Gas (MGY), Ultrapar Participações (UGP), Ormat Technologies (ORA), and Sunoco (SUN). These companies are all part of the "oils/energy" sector.

Transocean vs.

Transocean (NYSE:RIG) and Patterson-UTI Energy (NASDAQ:PTEN) are both mid-cap oils/energy companies, but which is the better business? We will contrast the two businesses based on the strength of their analyst recommendations, community ranking, media sentiment, earnings, dividends, valuation, institutional ownership, profitability and risk.

Transocean has a beta of 2.83, suggesting that its share price is 183% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.23, suggesting that its share price is 123% more volatile than the S&P 500.

In the previous week, Patterson-UTI Energy had 1 more articles in the media than Transocean. MarketBeat recorded 6 mentions for Patterson-UTI Energy and 5 mentions for Transocean. Patterson-UTI Energy's average media sentiment score of 1.40 beat Transocean's score of 1.13 indicating that Patterson-UTI Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patterson-UTI Energy
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$2.83B1.75-$954M-$0.52-11.60
Patterson-UTI Energy$4.15B1.10$246.29M$0.6816.63

Patterson-UTI Energy has a net margin of 4.07% compared to Transocean's net margin of -13.27%. Patterson-UTI Energy's return on equity of 7.13% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-13.27% -4.67% -2.42%
Patterson-UTI Energy 4.07%7.13%4.57%

67.7% of Transocean shares are held by institutional investors. Comparatively, 97.9% of Patterson-UTI Energy shares are held by institutional investors. 13.2% of Transocean shares are held by insiders. Comparatively, 2.3% of Patterson-UTI Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Transocean currently has a consensus target price of $7.70, suggesting a potential upside of 27.69%. Patterson-UTI Energy has a consensus target price of $15.67, suggesting a potential upside of 38.52%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, analysts plainly believe Patterson-UTI Energy 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
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77

Transocean received 118 more outperform votes than Patterson-UTI Energy when rated by MarketBeat users. However, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 51.72% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
915
51.72%
Underperform Votes
854
48.28%
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%

Summary

Patterson-UTI Energy beats Transocean on 15 of the 19 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$4.94B$1.22B$8.26B$18.08B
Dividend YieldN/A3.60%11.71%3.43%
P/E Ratio-11.607.6115.4624.62
Price / Sales1.752.6950.6510.27
Price / Cash45.258.8111.3120.15
Price / Book0.470.782.816.01
Net Income-$954M-$199.48M$994.95M$966.25M
7 Day Performance4.69%1.89%1.78%1.87%
1 Month Performance6.35%0.63%4.13%7.14%
1 Year Performance2.38%1.30%8.01%22.43%

Transocean Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.9772 of 5 stars
$11.00
+0.5%
$15.67
+42.4%
+9.8%$4.42B$4.15B16.1810,600Positive News
VAL
Valaris
3.0116 of 5 stars
$75.68
+2.2%
$99.20
+31.1%
+32.4%$5.48B$1.78B6.625,985
HP
Helmerich & Payne
3.094 of 5 stars
$39.02
+0.7%
$42.00
+7.6%
+23.2%$3.85B$2.87B11.156,200Short Interest ↓
Analyst Revision
Positive News
HPK
HighPeak Energy
1.9334 of 5 stars
$14.43
+3.2%
$22.10
+53.2%
+8.8%$1.85B$1.11B11.6448
SSL
Sasol
2.6534 of 5 stars
$7.31
-2.3%
N/A-38.7%$4.63B$16.30B0.0029,073Gap Down
CPG
Crescent Point Energy
3.884 of 5 stars
$8.59
-0.1%
$13.81
+60.9%
N/A$5.32B$2.59B-107.30777Dividend Cut
Short Interest ↓
Analyst Revision
MGY
Magnolia Oil & Gas
1.9713 of 5 stars
$26.05
+0.9%
$27.88
+7.0%
+30.1%$5.32B$1.24B12.96247Insider Selling
UGP
Ultrapar Participações
0.9433 of 5 stars
$4.81
+1.5%
$4.37
-9.2%
+45.8%$5.36B$25.25B10.699,729
ORA
Ormat Technologies
4.6491 of 5 stars
$73.25
+3.7%
$84.29
+15.1%
-13.3%$4.42B$868.36M33.001,576Analyst Forecast
Analyst Revision
SUN
Sunoco
1.5546 of 5 stars
$53.70
+1.7%
$62.71
+16.8%
+23.4%$5.41B$23.07B11.962,389

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This page (NYSE:RIG) was last updated on 5/17/2024 by MarketBeat.com Staff

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