RIG Stock Recent News

The Investment Committee give you their top stocks to watch for the second half.

RIG's revenues are expected to have increased from the year-ago level. Its costs and expenses are likely to have increased during the second quarter.

RIG adds $199 million to the second-quarter backlog with new contracts and extensions, lifting its total to $7.2 billion amid strong offshore demand.

STEINHAUSEN, Switzerland, July 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.

STEINHAUSEN, Switzerland, July 14, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2025 on Monday, August 4, 2025. The company will conduct a teleconference starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 5, 2025.

Transocean is trading near 52-week lows, despite improving financials and a stable backlog, making it undervalued versus peers. The stock's weakness is tied to low oil prices, slow backlog growth, and market skepticism, but offshore rig supply remains tight and day rates are rising. If oil prices recover and Fed policy eases, Transocean's utilization and margins could surge, potentially driving the stock to $10–$25.

Key Points A Reddit user shared how he invested his $1.8 million inheritance, listing the mix of different assets he had selected. Most other posters felt he had a solid mix of different assets, including some ETFs and some shares of individual companies. A small minority thought the original poster was taking on too much risk. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial advisor in minutes to help you answer that today. Each advisor has been carefully vetted, and must act in your best interests. Don’t waste another minute; get started by clicking here.(Sponsor) A Reddit user recently shared the 16 investments that he had made with his $1.8 million inheritance. The investments included a vast array of different companies spread across multiple industries, from Marvell Technology Inc. to Microsoft to Amazon to Advanced Micro Devices. The original poster (OP) wanted comments from fellow Redditors, and many were supportive of the choice

RIG secures a new wildcat well drilling job in the Norwegian Sea for Equinor that is set to start in July 2025.

Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.

Singapore, June 18, 2025 (GLOBE NEWSWIRE) -- YY Group Holding Limited (NASDAQ: YYGH) (“YY Group,” “YYGH,” or the “Company”), a global leader in on-demand workforce solutions and integrated facility management (IFM), has acquired a 53% stake in Transocean Oil Pte. Ltd.'s property investment division, specializing in premium commercial office units in Singapore.