RIG Earnings
Monday, May 04 2026
EPS Estimate
$0.07
$0.05 – $0.09
Revenue Estimate
$1.0B
Current Price
$6.35
Our Position
bullishRIG buys Valaris, EBITDA surges 20% on cost cuts
structured data
est. revisions falling
(-14.4pp / 30d)
This acquisition and cost discipline signal Transocean's structural pivot toward profitability. A $200 million synergy harvest on a combined backlog of $11 billion creates a tangible path to sustained margin expansion — not just revenue growth in a cyclical industry.
Watch: Petrobras contract negotiations and rig utilization rates through 2026. Prolonged delays or idle time could offset synergy upside, so clarity on near-term demand and execution on cost targets will drive the stock's direction.
Data Signal Summary
2 bullish
1 bearish
Insider buying cluster
Put/call 0.3 (bullish skew)
Price downtrend
Key Context
Analyst Consensus
mixed
Insider Activity
selling
Price Trend
downtrend
From 52w High
-5.2%
Est. Revisions (30d)
+0.7% 2up/0dn
Analyst Target (mean)
$6 $4–$10 -7%
Options P/C Ratio
0.28 2C/0P unusual
Est. Dispersion
56% 6 analysts
Insider Cluster
strong buy
Fund Convergence
strong Two Sigma, Citadel, Renaissance, Bridgewater
Recent Activity
insider trades
61 transactions
Sell
·
MACKENZIE, RODERICK JAMES (Officer)
·78,370 shares
·$498,433
Exercise
·
ADAMSON KEELAN I (Chief Executive Officer)
·318,176 shares
·$1,988,600
Exercise
·
VAYDA ROBERT THADDEUS (Chief Financial Officer)
·156,672 shares
·$979,200
Exercise
·
PACK JASON BAKER (Officer)
·69,569 shares
·$434,806
Exercise
·
MACKENZIE, RODERICK JAMES (Officer)
·156,463 shares
·$977,894
56 more
Exercise
·
LONG BRADY K
·218,177 shr
·$1,363,606
Exercise
·
THIGPEN JEREMY D
·610,979 shr
·$3,818,619
Other
·
ADAMSON KEELAN I
·130,738 shr
Other
·
VAYDA ROBERT THADDEUS
·34,726 shr
Other
·
PACK JASON BAKER
·29,211 shr
Other
·
MACKENZIE, RODERICK JAMES
·67,411 shr
Other
·
LONG BRADY K
·101,873 shr
Other
·
THIGPEN JEREMY D
·373,534 shr
Sell
·
ADAMSON KEELAN I
·81,533 shr
·$407,665
Sell
·
LONG BRADY K
·115,378 shr
·$576,890
Sell
·
ADAMSON KEELAN I
·66,437 shr
·$298,966
Sell
·
MACKENZIE, RODERICK JAMES
·35,000 shr
·$156,800
Sell
·
VAYDA ROBERT THADDEUS
·30,000 shr
·$128,700
Sell
·
THIGPEN JEREMY D
·500,000 shr
·$2,160,000
Buy
·
MOHN FREDERIK WILHELM
·1,500,000 shr
·$6,030,000
Buy
·
PERESTROIKA AS
·1,500,000 shr
·$6,030,000
Buy
·
PERESTROIKA CYPRUS, LTD.
·1,500,000 shr
·$6,030,000
Sell
·
MACKENZIE, RODERICK JAMES
·53,769 shr
·$207,548
Sell
·
ADAMSON KEELAN I
·40,942 shr
·$163,768
Sell
·
LONG BRADY K
·97,090 shr
·$388,360
Buy
·
MOHN FREDERIK WILHELM
·4,000,000 shr
·$12,200,000
Buy
·
PERESTROIKA AS
·4,000,000 shr
·$12,200,000
Buy
·
PERESTROIKA CYPRUS, LTD.
·4,000,000 shr
·$12,200,000
Sell
·
MACKENZIE, RODERICK JAMES
·40,000 shr
·$130,400
Exercise
·
VAYDA ROBERT THADDEUS
·21,879 shr
·$56,229
Exercise
·
PACK JASON BAKER
·2,901 shr
·$7,456
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$61,160
Buy
·
CHANG VANESSA CHEE LING
·10,000 shr
·$21,400
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$49,060
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$64,680
Exercise
·
ADAMSON KEELAN I
·307,003 shr
·$905,659
Exercise
·
VAYDA ROBERT THADDEUS
·68,646 shr
·$202,506
Exercise
·
PACK JASON BAKER
·64,479 shr
·$190,213
Exercise
·
MACKENZIE, RODERICK JAMES
·155,132 shr
·$457,639
Exercise
·
LONG BRADY K
·224,867 shr
·$663,358
Exercise
·
THIGPEN JEREMY D
·824,514 shr
·$2,432,316
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$84,700
Other
·
ADAMSON KEELAN I
·342,772 shr
Other
·
VAYDA ROBERT THADDEUS
·70,696 shr
Other
·
PACK JASON BAKER
·76,586 shr
Other
·
MACKENZIE, RODERICK JAMES
·176,740 shr
Other
·
LONG BRADY K
·267,096 shr
Other
·
THIGPEN JEREMY D
·979,354 shr
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$89,100
Sell
·
MACKENZIE, RODERICK JAMES
·22,000 shr
·$86,900
Sell
·
MACKENZIE, RODERICK JAMES
·37,261 shr
·$163,203
Sell
·
MACKENZIE, RODERICK JAMES
·20,000 shr
·$85,800
Buy
·
MOHN FREDERIK WILHELM
·1,500,000 shr
·$6,195,000
Buy
·
PERESTROIKA AS
·1,500,000 shr
·$6,195,000
Buy
·
PERESTROIKA CYPRUS, LTD.
·1,500,000 shr
·$6,195,000
Buy
·
MOHN FREDERIK WILHELM
·2,000,000 shr
·$10,460,000
Buy
·
PERESTROIKA AS
·2,000,000 shr
·$10,460,000
Buy
·
PERESTROIKA CYPRUS, LTD.
·2,000,000 shr
·$10,460,000
Buy
·
MOHN FREDERIK WILHELM
·2,000,000 shr
·$12,020,000
Buy
·
PERESTROIKA AS
·2,000,000 shr
·$12,020,000
Buy
·
PERESTROIKA CYPRUS, LTD.
·2,000,000 shr
·$12,020,000
analyst ratings
1 rating
Morgan Stanley
→Equal-Weight
4d ago
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