Helmerich & Payne Inc vs Transocean Ltd

We do not publish a verdict for Helmerich & Payne Inc (HP) and Transocean Ltd (RIG) is slightly undervalued.

We publish an intrinsic value for RIG but not for HP, so the two cannot be ranked on price.

Values as of the 22 Sept 2026 close.

Helmerich & Payne Inc (HP)

We do not publish a value for this company: its projected cash flows are negative in every year, including the terminal one.

Leak Score 0/100 on 1 of 12 signals

Transocean Ltd (RIG)

Discounting its cash flows at 8.6% (average of 2 methods) values the shares at $5.92; the price of $5.49 is 7% below that value, and 77% of that value comes from beyond year five.

Leak Score 0/100 on 2 of 12 signals

MetricHPRIG
VerdictNot valuedSlightly undervalued
Price$39.79$5.49
Intrinsic value$5.92
Margin of safety+7%
Leak Score0/100 (1/12)0/100 (2/12)
Market cap$4.0B$6.1B
Revenue growth, 5 years16.1%4.7%
Operating margin2.7%22.6%
Net margin-3.5%-40.2%
Return on equity-5.2%-18.7%
Debt to equity0.720.61
Forward P/E27.7x19.8x
P/B1.5x0.7x
Dividend yield2.6%

All stocks in Oil & Gas Drilling