Transocean stock price today: Why RIG is on traders’ radar before the NYSE open
Transocean shares were flat in premarket trading Monday after closing Friday up 2.5% at $6.52. The company’s contract backlog rose to about $6.1 billion after a fleet update, with several new contracts above $400,000 per day. Investors are watching 2026 guidance and a proposed $5.8 billion all-stock deal with Valaris. Barclays downgraded the stock last week, citing ongoing risks.