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RIG Stock News Image - zacks.com

Transocean (RIG) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.03 per share a year ago.

zacks.com 2025 Apr 28
RIG Stock News Image - globenewswire.com

STEINHAUSEN, Switzerland, April 28, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $79 million, or loss of $0.11 per diluted share, for the three months ended March 31, 2025.

globenewswire.com 2025 Apr 28
RIG Stock News Image - zacks.com

RIG is expected to have earned higher revenues than the year-ago level. Despite this revenue growth, it is likely to have faced increased costs and expenses during the first quarter.

zacks.com 2025 Apr 25
RIG Stock News Image - zacks.com

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.

zacks.com 2025 Apr 21
RIG Stock News Image - globenewswire.com

STEINHAUSEN, Switzerland, April 17, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that, due to a scheduling conflict, it is changing the time of its first quarter 2025 earnings call. It will now conduct the teleconference starting at 10 a.m. EDT, 4 p.m. CEST, on Tuesday, April 29, 2025.

globenewswire.com 2025 Apr 17
RIG Stock News Image - zacks.com

EQNR states that it has received the green light to drill a production well at the Alve field off the coast of Norway. The site's water depth is 370 meters.

zacks.com 2025 Apr 17
RIG Stock News Image - globenewswire.com

STEINHAUSEN, Switzerland, April 16, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company's fleet of offshore drilling rigs.

globenewswire.com 2025 Apr 16
RIG Stock News Image - globenewswire.com

STEINHAUSEN, Switzerland, April 10, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter 2025 on Monday, April 28, 2025.

globenewswire.com 2025 Apr 10
RIG Stock News Image - seekingalpha.com

I believe Transocean stock is deeply undervalued, trading at 1/5th of book value and well below its historical P/CF median, despite nearing full fleet utilization through 2026. I'm projecting continued pricing power in high-spec 8th Gen rigs, with contracts exceeding $600k/day and a secured $8.3B backlog that supports stable revenue visibility into, at least, 2027. That said, I don't like the $6.3B net debt, especially as interest expenses account for ~10% of total revenue; this will weigh on earnings if rates stay elevated.

seekingalpha.com 2025 Apr 10
RIG Stock News Image - marketbeat.com

On Monday, oil prices fell sharply once again, with Brent crude dropping as low as $62.51 per barrel and West Texas Intermediate (WTI) falling to $58.95 before settling slightly higher by the end of the day.

marketbeat.com 2025 Apr 09
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