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Transocean Ltd. - $RIG STOCK NEWS

Welcome to our dedicated page for Transocean Ltd. news (Ticker: $RIG), a resource for investors and traders seeking the latest updates and insights on Transocean Ltd. stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Transocean Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Transocean Ltd.'s position in the market.

News
Transocean Ltd. Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Transocean Ltd. (RIG) reported a net loss of $104 million for Q4 2023, with adjusted net loss of $74 million. Contract drilling revenues increased to $741 million due to higher fleet revenue efficiency. Full year net loss was $954 million, with adjusted net loss of $739 million. The company added $3.2 billion of backlog in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.5%
Tags
earnings
-
News
Transocean Ltd. Provides Quarterly Fleet Status Report
Rhea-AI Summary
Transocean Ltd. (RIG) issued a quarterly Fleet Status Report detailing new contracts for its offshore drilling rigs, including a $326 million incremental backlog. The company's total backlog stands at approximately $9 billion as of February 14, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
none
-
News
Transocean Ltd. Announces Fourth Quarter, Full Year 2023 Earnings Release Date
Rhea-AI Summary
Transocean Ltd. (NYSE: RIG) will report earnings for Q4 and full year 2023 on February 19, 2024. A teleconference to discuss the results will be held on February 20, 2024, at 9 a.m. EST. The call will be available for replay on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
earnings
News
Transocean Ltd. Announces $251 Million Harsh Environment Semisubmersible Contract
Rhea-AI Summary
Transocean Ltd. (NYSE: RIG) has secured a 540-day contract for the Transocean Barents with OMV Petrom S.A. in the Romanian Black Sea at a rate of $465,000 per day, with potential additional earnings of $480,000 per day for each day over 540 days. The program is expected to start in the first quarter of 2025 and is estimated to contribute approximately $251 million in backlog.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.89%
Tags
none
-
News
Transocean Ltd. Reports Third Quarter 2023 Results
Rhea-AI Summary
Transocean Ltd. reported a net loss of $220 million for Q3 2023, with adjusted net loss of $280 million. Contract drilling revenues decreased to $713 million, primarily due to idle time on three ultra-deepwater floaters and lower revenue efficiency. Operating and maintenance expense increased to $524 million. Contract backlog increased to $9.4 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
Tags
earnings
-
News
Transocean Ltd. Provides Quarterly Fleet Status Report
Rhea-AI Summary
Transocean Ltd. issues quarterly Fleet Status Report with updates on offshore drilling rig contracts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
none
News
Transocean Ltd. Announces Third Quarter 2023 Earnings Release Date
Rhea-AI Summary
Transocean Ltd. to report Q3 2023 earnings on October 30, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.95%
Tags
earnings
-
News
Transocean Ltd. Announces Pricing of $325 Million of Secured Notes Due 2028
Rhea-AI Summary
Transocean Ltd. announces pricing of $325 million senior secured notes due 2028
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
-
News
Transocean Ltd. Announces Proposed Private Offering of $300 Million of Secured Notes Due 2028
Rhea-AI Summary
Transocean Ltd. announces the commencement of a private offering of $300 million in senior secured notes due 2028. The Notes will be guaranteed by Transocean Ltd., Transocean Inc., and a subsidiary. The proceeds will be used to finance the construction of the Deepwater Aquila and fund the initial debt service reserve. The Notes are not registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
offering
News
Transocean Ltd. Announces $486 Million Contract for Deepwater Aquila
Rhea-AI Summary
Transocean announces $486 million contract for Deepwater Aquila drillship with national oil company in Brazil. Also acquires outstanding interests in Liquila Ventures Ltd. for ownership of eight ultra-deepwater drillships. Exploring debt financing options for rig acquisition and preparation costs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.72%
Tags
none
Stock RIG logo
Transocean Ltd.

NYSE:RIG

RIG Rankings

#1222 Ranked by Market Cap
#201 Ranked by Stock Gains
N/A Ranked by Dividends

RIG Stock Data

5.11B
630.40M
11.65%
68.25%
16.13%
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
STEINHAUSEN

About RIG

transocean is a leading international provider of offshore contract drilling services for oil and gas wells. the company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world. building on more than 50 years of experience , our employees are focused on safety and premier offshore drilling performance.