The Oil Report

The Oil Report

Transocean $RIG

Every offshore name is a bet on the next barrels. Only one is priced below book value. The market has priced Transocean for the debt it had. We think it should be pricing the debt it's going to have.

Alex Morton's avatar
Tim Duggan's avatar
Alex Morton and Tim Duggan
Oct 22, 2026
∙ Paid

What’s Below the Line?

How the gap between what it earns and what it pays is closing, how RIG got to where they are today, how it compares with its peers, technical analysis of buy zones and what disproves the play.

Please do your own due diligence. This is not financial or investing advice.We welcome a health discussion on this in the comments here on in our discord where we will be tracking this together.


We wanted to share our view on RIG 0.00%↑ . We have a position in this.

We have also been utilising Marketstack terminal. MarketStack reads every surface on finance Substack. All of it ingested before the open and sorted into $ cashtags $ you can filter, search and export to your LLM. Here is the brief from the terminal.

Marketstack pro terminal

From the low coverage we can see across Marketstack, it is out belief that this trade is still not receiving wide attention yet. Just what we like. This is a project that I love to use personally when looking across any market, from a futures commodity to a single stock or ETF. Well worth a look!

Keep reading with a 7-day free trial

Subscribe to The Oil Report to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2026 Tim Duggan · Publisher Terms
Substack · Market data by Intrinio · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture