Transocean

Transocean Ltd. engages in the provision of offshore contract drilling services for oil and gas wells. It also owns and operates offshore drilling fleets such as ultra-deepwater, harsh environment, deepwater, and midwater rigs. The company was founded in 1953 and is headquartered in Steinhausen, Switzerland.

Earnings data Q1 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Transocean reports robust Q4 earnings, eyes growth in global markets

Transocean's strong financial performance, strategic investments, and global contract wins position it well for growth despite cost pressures and operational constraints. The company's focus on simplifying its balance sheet and leveraging advanced drillship capabilities underscore its commitment to long-term success in the offshore drilling industry.

Transocean excels in Q1 2023, eyes growth in harsh environments

Transocean's Q1 performance reflects strong financials and market sustainability, supported by a robust backlog and strategic contract wins. While facing challenges in Norway and industry reactivation pace, the company is well-positioned to capitalize on opportunities in high-demand regions and innovative asset utilization.

Transocean reports solid Q2 performance amidst market opportunities

Transocean's Q2 2023 performance showed strong backlog growth and financial resilience.
The company's focus on top assets and long-term contracts positions it well for market improvements.
Challenges include cost management and potential regulatory impacts.
Opportunities lie in increasing demand, market up cycle, and strategic fleet decisions.

Transocean reports robust Q3 results, eyes revenue growth in 2024

Transocean's Q3 performance reflects strength in backlog growth and contract wins, despite challenges in contract lead times and market uncertainties. The company aims for revenue growth in 2024, focusing on long-term contracts and operational efficiency.

Transocean reports robust Q4 earnings and optimistic outlook for growth

Transocean's Q4 performance reflects financial resilience and operational excellence, supported by a strong backlog and strategic financial decisions. While challenges exist in a competitive market, the company's focus on efficiency and long-term contracts presents promising opportunities for sustained success.

Transocean reports solid Q1 performance and eyes growth opportunities

Transocean's Q1 performance showcases resilience amid operational challenges, with a focus on safety, efficiency, and long-term growth. The company's strategic initiatives and positive market outlook position it well to capitalize on increasing demand for deepwater rigs and drive future profitability.

Transocean reports solid Q2 performance, eyes offshore market growth

Transocean's Q2 2024 performance reflects operational stability and strategic contract wins, despite facing challenges in managing costs and profitability.
The company's focus on maximizing shareholder value and reducing debt aligns with efforts to improve financial health and balance sheet strength.
With opportunities in offshore drilling market growth and regional expansions, Transocean remains positioned for long-term success and revenue growth.

Transocean reports solid Q3 performance and bullish outlook for deepwater

Transocean delivered strong financial results in Q3 2024 and has a robust contracting outlook for the future.
Despite challenges related to blowout preventers, the company's focus on optimization and confidence in market demand are key strengths.
Opportunities for growth lie in the company's solidly booked fleet and strategic positioning in the deepwater drilling market.

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STEINHAUSEN, Switzerland, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today the successful deployment of HaloGuard℠, the offshore drilling industry's first safety system that integrates a wearable locating device with drill floor equipment and machine stoppage controls.

Transocean Deploys Patented HaloGuard℠ Drill Floor Technology

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Baker Hughes Company's (BKR) weekly rig count data reveals that oil and gas drillers in the United States continue to add rigs in shale plays.

American Oil & Gas Drillers Add Rigs for 11 Successive Weeks

Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Transocean (RIG) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

STEINHAUSEN, Switzerland, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the fourth quarter and full year of 2020, on Monday, February 22, 2021, following the close of trading on the NYSE.

Transocean Ltd. Announces Fourth Quarter and Full Year 2020 Earnings Release Date

American Oil & Gas Drillers Add Rigs for 10 Successive Weeks

American Oil & Gas Drillers Add Rigs for 9 Successive Weeks

Oil and gas drillers in the United States are likely to continue adding rigs to shale plays since the pricing environment is gradually improving.

American Oil & Gas Drillers Add Rigs for 8 Successive Weeks

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US Oil & Gas Drillers Add Rigs for 7 Successive Weeks

Investors need to pay close attention to Transocean (RIG) stock based on the movements in the options market lately.

Are Options Traders Betting on a Big Move in Transocean (RIG) Stock?

The energy services provider had a good month along with oil prices. Here is what's taking shape.

Why Transocean Stock Rose 25% in December

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually improving.

American Oil & Gas Drillers Add Rigs for 6 Successive Weeks

Transocean (RIG) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

Moving Average Crossover Alert: Transocean (RIG)

Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting better.

American Oil & Gas Drillers Add Rigs for 5 Successive Weeks

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Permian Basin Adds Oil Drilling Rigs for 9 Straight Weeks

STEINHAUSEN, Switzerland, Dec. 17, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that the United States District Court for the Southern District of New York (the “Court”) granted Transocean Ltd. and Transocean Inc.'s (together, “Transocean”) motion for summary judgment (“Summary Judgment”) with respect to Transocean's counterclaims against funds managed by, or affiliated with, Whitebox Advisors LLC (“Whitebox”) seeking declaratory relief regarding the allegations contained in the previously disclosed purported notice of alleged default (the “2027 Notes Notice”) with respect to Transocean's 8.00% Senior Notes due 2027 (the “2027 Guaranteed Notes”).

Transocean Ltd. Announces Successful Court Ruling Granting its Motion for Summary Judgment And Holding Internal Reorganization Did Not Violate Indenture

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This offshore-drilling giant made a big comeback last month.

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Oil and gas drillers in the United States are likely to continue adding rigs in shale plays since the pricing environment is gradually getting healthier.

Permian Basin Adds Oil Drilling Rigs for 7 Straight Weeks

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Transocean (RIG) reported earnings 30 days ago. What's next for the stock?

Transocean (RIG) Up 132.1% Since Last Earnings Report: Can It Continue?

The company made some complicated moves that it believes will resolve a conflict with some of its bondholders.

Why Transocean Stock Rallied as Much as 13% Today

STEINHAUSEN, Switzerland, Dec. 01, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it, Transocean Inc. (together with Transocean Ltd., the “Company”) and certain of its subsidiaries executed amendments to certain of their financing documents and implemented certain internal reorganization transactions to resolve the allegations contained in the previously disclosed notices of alleged default (the “Notices”) with respect to Transocean Inc.'s 7.25% Senior Notes due 2025 (the “2025 Guaranteed Notes”) and 8.00% Senior Notes due 2027 (the “2027 Guaranteed Notes”).

Transocean Ltd. Announces Amendments to Certain Financing Documents and Internal Reorganization Transactions to Resolve Allegations Contained in Purported Notices of Default

News for Transocean Stock (RIG)