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Transocean (RIG) expects operating and maintenance expenses of $2.2 billion, and general and administrative expenses of $196 million for full-year 2024.
Transocean Ltd. (NYSE:RIG ) Q4 2023 Earnings Conference Call February 20, 2024 9:00 AM ET Company Participants Alison Johnson - Director, Investor Relations Jeremy Thigpen - Chief Executive Officer Keelan Adamson - President and Chief Operating Officer Mark Mey - Executive Vice President & Chief Financial Officer Roddie Mackenzie - Executive Vice President and Chief Commercial Officer Conference Call Participants Kurt Hallead - Benchmark Fredrik Stene - Clarksons Securities Eddie Kim - Barclays David Smith - Pickering Energy Partners Noel Parks - Tuohy Brothers Operator Good day, everyone and welcome to the Q4 2023 Transocean Earnings Call.
The headline numbers for Transocean (RIG) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
In the closing of the recent trading day, Transocean (RIG) stood at $5.17, denoting no change from the preceding trading day.
Transocean (NYSE: RIG) stock price has been in trouble as I predicted in October. It was trading at $5.70 on Thursday, down by over 35% from its highest point in 2023.
Transocean (RIG) closed at $5.04 in the latest trading session, marking a +1.2% move from the prior day.
STEINHAUSEN, Switzerland, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the fourth quarter and full year 2023 on Monday, February 19, 2024.
Strengthening the balance sheet is a top priority for the company. Deleveraging efforts have restored value to equity holders. The company has completed key transactions to improve liquidity and refinance debt.
The latest trading day saw Transocean (RIG) settling at $5.77, representing a +1.05% change from its previous close.
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