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% quarter-over-quarter from $69.0 million in Q3 2024.
Transocean (RIG) Construction in Progress (2018 - 2024) Analysis & Trends
Transocean (RIG) has 7 years of Construction in Progress data on file, last reported at $76.0 million in Q4 2024.
- Construction in Progress for Q4 2024 came in at $76.0 million, down 85.44% year-over-year; the trailing twelve-month figure through Dec 2024 was $76.0 million (down 85.44% YoY), and the FY2024 annual result was $76.0 million, down 85.44% from the prior year.
- Construction in Progress rose to $76.0 million in Q4 2024 per RIG's latest filing, from $69.0 million in the prior quarter.
- Over five years, Construction in Progress peaked at $1.6 billion in Q3 2022 and troughed at $69.0 million in Q3 2024.
- A 5-year average of $773.1 million and a median of $866.0 million in 2021 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2022 and 2023: Construction in Progress surged 66.04% in 2022, then plunged 88.7% in 2023.
- A 5-year view of Construction in Progress shows it stood at $828.0 million in 2020, then climbed by 22.83% to $1.0 billion in 2021, then grew by 17.5% to $1.2 billion in 2022, then plunged by 56.32% to $522.0 million in 2023, then sank by 85.44% to $76.0 million in 2024.
- Business Quant data shows RIG's Construction in Progress at $76.0 million in Q4 2024, $69.0 million in Q3 2024, and $188.0 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | - |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
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 |