Transocean (RIG) Construction in Progress (2018 - 2024)
Transocean (RIG) reported Construction in Progress of $76.0 million for Q4 2024, down 85.44% year-over-year from $522.0 million in Q1 2024, and up 10.14% on a QoQ basis from $69.0 million in Q3 2024.
Transocean (RIG) has 7 years of Construction in Progress data on file, last reported at $76.0 million in Q4 2024.
- Quarterly Construction in Progress fell 85.44% year-over-year to $76.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $76.0 million (down 85.44% YoY) and the FY2024 annual result came in at $76.0 million, down 85.44% from the prior year.
- Construction in Progress grew to $76.0 million in Q4 2024 per RIG's latest filing, from $69.0 million in the prior quarter.
- Across five years, Construction in Progress topped out at $1.6 billion in Q3 2022 and bottomed at $69.0 million in Q3 2024.
- The 5-year median for Construction in Progress is $866.0 million (2021), against an average of $773.1 million.
- The widest annual swing landed in 2022, when Construction in Progress soared 66.04%; it then slumped 88.7% in 2023.
- Tracing RIG's Construction in Progress over 5 years: stood at $828.0 million in 2020, then gained by 22.83% to $1.0 billion in 2021, then advanced by 17.5% to $1.2 billion in 2022, then slumped by 56.32% to $522.0 million in 2023, then tumbled by 85.44% to $76.0 million in 2024.
- Per Business Quant, the three latest RIG Construction in Progress figures stand at $76.0 million (Q4 2024), $69.0 million (Q3 2024), and $188.0 million (Q2 2024).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | - |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 76.00 Mn |
| Sep 30, 2024 | 69.00 Mn |
| Jun 30, 2024 | 188.00 Mn |
| Mar 31, 2024 | 594.00 Mn |
| Dec 31, 2023 | 522.00 Mn |
| Sep 30, 2023 | 320.00 Mn |
| Jun 30, 2023 | 169.00 Mn |
| Mar 31, 2023 | 1.26 Bn |
| Dec 31, 2022 | 1.20 Bn |
| Sep 30, 2022 | 1.59 Bn |
| Jun 30, 2022 | 1.50 Bn |
| Mar 31, 2022 | 1.10 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Sep 30, 2021 | 956.00 Mn |
| Jun 30, 2021 | 901.00 Mn |
| Mar 31, 2021 | 866.00 Mn |
| Dec 31, 2020 | 828.00 Mn |
| Dec 31, 2019 | 753.00 Mn |
| Dec 31, 2018 | 632.00 Mn |