How to Buy Transocean Stock
Transocean Ltd
Transocean is a oil & gas drilling company located in Switzerland, which is part of the Energy sector, and is traded under the ticker RIG on the NYSE exchange.
Transocean stock last closed at $5.10, down 6.42% from the previous day, and has increased 30.77% in one year. It has underperformed other stocks in the Oil & Gas Drilling industry by 0.08 percentage points. Transocean stock is currently +38.59% from its 52-week low of $3.68, and -33.42% from its 52-week high of $7.66.
There are currently 1.12B RIG shares outstanding. The market cap of RIG is $5.70B. In the past 24 hours, 66.5M RIG shares were traded.
How to Buy Transocean Stock
Wondering how to invest in Transocean stock? Here's how.
- Decide where to buy Transocean stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Transocean stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your method of payment and add your info.
- Research Transocean stock: The Transocean ticker symbol is RIG. Is Transocean stock a good investment? Should you buy shares of RIG? How do RIG's underlying business fundamentals look? Do top analysts think Transocean is a good buy? Why has RIG's stock price moved recently? (Hint: Our stock market analysis website can help you figure out if RIG is a good stock to buy).
- Place your RIG buy order: Decide if you will purchase RIG shares at the current market price or use a limit order to buy RIG stock at a specific price.
- Keep tabs on your investment in RIG: Create a watchlist to important updates regarding your investment in Transocean shares.
Step 1: Decide where to buy Transocean stock
You need an online brokerage account in order to access the NYSE market and buy RIG shares.
Our favorite brokerage: eToro
We believe that eToro is the best place to buy stocks. Here's why:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world markets: From Tech to Industrials, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by creating an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal details so you can buy RIG stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to start a new brokerage account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on apps for stocks, your next step is to transfer the money for your investment:
Check out the video below to see the process of depositing money into your new brokerage account.
Step 4: Research Transocean stock
After you have selected the best place to buy Transocean stock, it's absolutely critical to analyze their stock prior to investing, so you can understand the risk as well as the upside.
Transocean quick stats
RIG Overview
WallStreetZen was created to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RIG's stock page.
Is RIG stock overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RIG's intrinsic value.
Using relative valuations ratios:
- RIG could be undervalued based on its P/E ratio of 12.14x, relative to Oil & Gas Drilling industry P/E ratio of -34.74x
- RIG could be undervalued based on its P/B ratio of 0.67x, relative to Oil & Gas Drilling industry P/B ratio of 1.04x
You can do more valuation analysis on RIG's stock here.
RIG Financials at a glance
Passed Health Checks:
- Total RIG debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the RIG balance sheet.
- RIG profit margin has gone up from -75.7% to 7.3% in the past year.
Failed Health Checks:
- RIG earnings of $771.00M is not sufficient to cover its interest payments.
- There are more long-term liabilities than short-term assets on the RIG balance sheet.
- RIG's operating cash flow of $923.00M allows it to safely service it's debt of $5.02B.
- RIG has a relatively high debt to equity ratio of 0.78.
Do analysts think it's a good time to buy Transocean stock
Out of 3 Equities analysts who give forecasts on RIG, the consensus analyst rating on RIG is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Transocean stock forecast page.
RIG Technicals
RIG Performance Metrics
Last year, RIG revenue was $4.03B. In the last five year, RIG's revenue has grown by 8.94% per year. This was slower than the Oil & Gas Drilling industry average of 27.49%.
You can research RIG's earnings and revenue performance here.
Are RIG executives and large shareholders buying or selling the stock?
Over the past 12 months, executives and large shareholders at RIG have bought more shares than they have sold.
Chad C. Deaton, Director of RIG, was the latest RIG insider to buy. They bought $173,250.00 worth of RIG stock on Jul 2, 2026.
Get more info about who owns RIG shares here.
Does RIG stock generate passive income?
No, Transocean doesn't provide an income stream by paying out dividends.
RIG Social Trading Data
One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your RIG buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Press the Open button and your broker will place your order.
If you require more help with investing in stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your investment in RIG
Now that you own some shares in RIG, you'll want to keep up with your company.
Put RIG on a watchlist to get notified of important updates regarding your RIG stock.
RIG Feed
How to Buy Stock in Transocean
To summarize, here are the 6 steps you need to take to buy Transocean stock right now:
- Decide where to buy Transocean stock
- Sign up for a brokerage account
- Fund your brokerage account
- Research Transocean stock
- Place your RIG buy order
- Keep tabs on your investment in RIG
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get the latest news on your new investment in Transocean, hit the button below to create your watchlist.
More Articles You May Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.