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NYSE: RIG
Transocean Ltd. (RIG) stock, explained like you're 5
Transocean Ltd. trades on the New York Stock Exchange under the ticker RIG. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 6.2 billion dollars.
- Ticker
- RIG
- Exchange
- New York Stock Exchange
- Sector
- Energy
- Industry
- Oil & Gas Production
- Size
- Mid cap, about 6.2 billion dollars
Is Transocean Ltd. a small, medium or large cap company?
No. Transocean Ltd. is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 6.2 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Transocean Ltd. makes money
- Producing, refining and moving oil and natural gas.
- Selling fuel and related products.
- Services for energy producers.
What moves RIG stock
- The price of oil and natural gas.
- How much the company produces and what it costs.
- Energy policy and global demand.
In the news lately
- Transocean (RIG) Could Be 38% Undervalued On Its Fresh Backlog Update (Yahoo Finance)
- RIG Stock Edges Higher Overnight: Transocean Announces $300M Contract For Ultra Deepwater Drillship (Stocktwits)
- A $165 million debt payoff is expected to save about $22 million in interest by maturity. (Stock Titan)
- Transocean Ltd (Switzerland) Stock 12‑Month Price Target Raised to $6.53, Implies 18% Upside (TradingView)
- Transocean (NYSE:RIG) Stock Jumps 7.8% Here's What Happened (MarketBeat)
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Questions about Transocean Ltd. stock
What does Transocean Ltd. do?
Transocean Ltd. trades on the New York Stock Exchange under the ticker RIG. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 6.2 billion dollars.
What is the ticker symbol for Transocean Ltd.?
Transocean Ltd. trades under the ticker RIG on the New York Stock Exchange.
What is Transocean Ltd.'s market cap?
Transocean Ltd. is a mid cap stock with a market cap of about 6.2 billion dollars.
How does Transocean Ltd. make money?
Producing, refining and moving oil and natural gas. Selling fuel and related products. Services for energy producers.
What moves RIG stock?
The price of oil and natural gas. How much the company produces and what it costs. Energy policy and global demand.
How can I follow RIG stock every day?
Add RIG to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.