Transocean stock today: RIG edges higher before the open as oil slips — what to watch next
NEW YORK, Jan 2, 2026, 09:24 ET — Premarket Transocean Ltd shares rose 0.4% to $4.13 in premarket trading on Friday, a muted move as U.S. markets prepared to open for the first session of 2026. The offshore driller is starting the year with investors still debating what oil prices mean for exploration budgets and long-cycle offshore projects. Those projects can take years to sanction and tend to need stable crude prices before operators commit capital. That matters now because offshore drillers sell time on rigs under multi-month or multi-year contracts, and pricing hinges on how tight the market is.