Transocean Competitors
| RIG Stock | USD 6.49 0.09 1.41% |
Correlation: Transocean vs Tidewater View
Weak diversification
The correlation between Transocean and Tidewater is 0.58, which Macroaxis classifies as Weak diversification for the selected horizon. The overlap area shows the portion of risk diversified away by holding both instruments together.
The mean reversion principle applied to Transocean's suggests that neither prolonged outperformance nor underperformance is permanent. Identifying the root cause of Transocean's price dislocation is essential before acting on a mean reversion signal. The mean reversion tendency in Transocean's price is a well-documented phenomenon in academic research. In many cases, Transocean's price extremes present statistical patterns that have recurred historically.
Transocean Competition Correlation Matrix
Reviewing how Transocean moves relative to competing stocks can show whether peer exposure is reducing portfolio risk or simply repeating the same market bet. A reading near +1 usually means prices have moved in tandem, a reading near -1 suggests opposite movement, and a reading near zero points to weaker historical dependence.
Please upgrade your account to get full access to Macroaxis premium features
High positive correlations
| High negative correlations
|
Risk-Adjusted Indicators
Strong recent returns in Transocean Stock do not always mean Transocean Company is outperforming peers on business quality. Without risk-adjusted context, short-term returns may appear stronger than the volatility required to achieve them would suggest. These indicators are quantitative in nature and measure volatility and risk-adjusted expected returns across different positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| PTEN | 2.56 | 0.61 | 0.16 | -0.57 | 3.14 | 5.72 | 15.58 | |||
| KGS | 1.57 | 0.79 | 0.45 | 0.87 | 1.10 | 4.20 | 15.75 | |||
| PBF | 3.26 | 0.32 | 0.07 | -0.19 | 4.53 | 7.51 | 25.51 | |||
| STNG | 2.04 | 0.44 | 0.16 | 0.77 | 2.40 | 4.05 | 12.60 | |||
| GPOR | 1.56 | -0.20 | 0.00 | 0.60 | 0.00 | 2.99 | 11.10 | |||
| USAC | 1.12 | 0.16 | 0.11 | 1.44 | 1.25 | 2.13 | 5.55 | |||
| TGS | 1.79 | -0.02 | 0.00 | -0.14 | 0.00 | 3.66 | 9.54 | |||
| VAL | 3.31 | 0.78 | 0.20 | 1.91 | 3.29 | 7.22 | 43.78 | |||
| VIST | 2.37 | 0.24 | 0.07 | -0.27 | 3.22 | 5.08 | 14.85 | |||
| TDW | 2.35 | 0.32 | 0.11 | 0.77 | 2.78 | 4.24 | 14.78 |
Peer Comparison: Net Income
Net income is what remains after all costs — operating expenses, interest, taxes, and preferred dividends — are deducted from Transocean's total revenue. The relationship between net income growth and revenue growth at Transocean reveals whether margin expansion is driving earnings or whether top-line growth is being consumed by rising costs and financing charges.Compare Transocean and related stocks such as Patterson UTI Energy, Kodiak Gas Services, and PBF Energy Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PTEN | 100 K | 322.4 M | 299.5 M | 188 M | 162.7 M | -294.5 M | -318.6 M | 5.9 M | -321.4 M | -425.7 M | -803.7 M | -654.5 M | 154.7 M | 246.3 M | -968 M | -93.6 M | -89 M |
| KGS | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | -2.2 M | 181 M | 106.3 M | 20.1 M | 49.9 M | 80.5 M | 58.1 M |
| PBF | 6.1 M | 242.7 M | 2 M | 39.5 M | -38.2 M | 146.4 M | 170.8 M | 415.6 M | 128.3 M | 319.4 M | -1.4 B | 231 M | 2.9 B | 2.1 B | -533.8 M | -158.5 M | -150.6 M |
| STNG | 12.1 M | -82.7 M | -26.5 M | 17 M | 52.1 M | 217.7 M | -24.9 M | -158.2 M | -190.1 M | -48.5 M | 94.1 M | -234.4 M | 637.3 M | 546.9 M | 668.8 M | 344.3 M | 361.5 M |
| GPOR | -29.4 M | 108.4 M | 71.8 M | 153.2 M | 247.4 M | -1.2 B | -979.7 M | 435.2 M | 430.6 M | -2 B | -1.6 B | 138.2 M | 494.7 M | 1.5 B | -261.4 M | 427.8 M | 449.2 M |
| TGS | 156.5 M | 230.7 M | 239.2 M | 107.5 M | 105 M | -172.1 M | 930.7 M | 2.8 B | 11.4 B | 26.3 B | 9.7 B | 127 B | 219.2 B | 51.2 B | 370.2 B | 490.3 B | 514.8 B |
| VAL | 16.5 M | 600.4 M | 1.1 B | 1.4 B | -3.9 B | -1.6 B | 890.2 M | -303.7 M | -639.7 M | -198 M | -4.9 B | -4.5 B | 176.5 M | 865.4 M | 373.4 M | 982.8 M | 1 B |
| VIST | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | 13.9 M | -29.9 M | -32.7 M | -102.7 M | 50.6 M | 269.5 M | 397 M | 477.5 M | 719.1 M | 755 M |
| TDW | 24.2 M | 87.4 M | 150.8 M | 140.3 M | -65.2 M | -160.2 M | -660.1 M | -2.2 B | -171.5 M | -141.7 M | -196.2 M | -129 M | -21.7 M | 97.2 M | 180.7 M | 334.7 M | 351.4 M |
Transocean Competitive Analysis
How does Transocean measure up against Patterson UTI, Kodiak Gas, and PBF Energy? The financials tell a nuanced story. Transocean operates at a 7.15 B scale with 3.97 B flowing through the income statement. Transocean currently operates at a -66.79% net margin with return on equity at -30.05%, reflecting headwinds in the current cycle. Profit margins tilt toward Patterson UTI at -2.56% against Transocean at -66.79%. Kodiak Gas leads with 6.32% return on equity versus -30.05% for Transocean. PBF Energy pulls in 29.33 B in revenue while Transocean reports 3.97 B.| Better Than Average | Worse Than Peers | View Performance Chart |
Transocean Competition Peer Performance Charts
How to Analyze Transocean Against Peers
Transocean's peer analysis compares Transocean with related companies to put valuation, quality, and risk metrics in context. This establishes whether recent performance is company-specific or broadly sector-driven. A practical workflow includes:- Set a relevant peer group: Include direct competitors and close alternatives with comparable business exposure.
- Benchmark core financials: Compare profitability, growth, capital structure, and cash flow quality.
- Check valuation dispersion: Review whether Transocean trades at a premium or discount versus peers and why.
- Evaluate risk profile: Compare volatility, drawdowns, and correlation to avoid false diversification assumptions.
- Document the thesis: Record where Transocean leads or lags and what catalysts could close or widen the gap.
Peer Comparison Metrics & Methodology
Transocean carries less net debt relative to EBITDA than most competitors, giving it more room to invest or weather downturns. Relative analysis can highlight whether current pricing already reflects peer-group strengths or weaknesses. For peer comparison, Transocean has a market cap of 7.15 billion, profit margin of -66.79%.
Reported values for Transocean are derived from periodic company reporting and market reference feeds and standardized for analysis. Analyst inputs may be included when coverage is available.
Editorial review and methodology oversight provided by: Gabriel Shpitalnik, Member of Macroaxis Editorial Board