Transocean is the largest contractor in the world for drilling offshore oil and gas wells.
Its drilling capabilities exceed depths of about 10,000 feet. As of 2010, the company owned or
operated a total of 139 mobile offshore drilling units. The company’s operations are set up in
two segments: contract drilling services and all other procedures.
Transocean has over 25,000 employees worldwide and is based out of Switzerland.
Offices can be found in about 20 different countries and it specializes in deepwater drilling. The
company’s slogan is, “We’re never out of our depth”.
In terms of its stock, it’s broken down into almost 319 million shares, a beta of 0.84, and
a P/E of 6.16. Its market cap is approximately 17.5 billion, with a volume of 4.1 million and an
average of 8.6 million.