RIG News and Press, Transocean Ltd From 05/10/24

2024-05-10 10:53:54 ET Summary Transocean's quarterly earnings announcement caused the stock to drop by over 10%, but the market's reaction was exaggerated. The company's results have improved compared to previous quarters, with increased demand for harsh-environment floaters. ...

2024-05-07 11:33:36 ET Summary Var Energi is ramping up production with 8 projects in progress, aiming to increase production from 299Mboe/d to 350-400Mboe/d by 2025. The integration of recently acquired assets from Neptune Energy is expected to bring $500mm in synergies and expec...

2024-05-02 11:45:22 ET Summary Transocean's Atlas rig has breached the $500k/d mark with a contracted dayrate of $505k/d. Average dayrates for ultra-deepwater floaters have declined sequentially by -2% to $422,900/d in q1 '24 paired with three quarters of sequential decline in the...

2024-05-01 12:33:45 ET Summary Leading offshore driller Transocean reported underwhelming Q1/2024 results with contract drilling revenues coming in below expectations and bottom line outperformance mostly the result of a large non-cash tax benefit. The company attributed the under...

STEINHAUSEN, Switzerland, May 01, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that its wholly owned and indirect subsidiary, Transocean Titan Financing Limited (the “Company” and, together with Transocean Ltd., “Transocean”), is solic...

2024-04-30 17:15:12 ET Image source: The Motley Fool. Transocean (NYSE: RIG) Q1 2024 Earnings Call Apr 30, 2024 , 9:00 a.m. ET Operator Continue reading For further details see: Transocean (RIG) Q1 2024 Earnings Call Transcript

2024-04-30 14:00:40 ET More on Energy Select Sector SPDR ETF XLE: Implication Of $100+ Per Barrel Oil Price On Energy Stocks Eclipsed: Energy, Grids, Infrastructure, And Innovation XLE: 2 Oil Trades To Hedge A Broader Middle East War And Politics Citi upgrade...

2024-04-30 13:11:09 ET Transocean Ltd. (RIG) Q1 2024 Earnings Conference Call April 30, 2024 09:00 AM ET Company Participants Alison Johnson - Director, IR Jeremy Thigpen - CEO Keelan Adamson - President and COO Mark Mey - EVP and CFO Roddie Mackenzie - E...

2024-04-29 17:31:28 ET More on Transocean Transocean: Raising Estimates After Encouraging Drillship Contract Extension - Hold Transocean: The Picture Is Looking Up, But It's Too Early To Get Excited Transocean: 2024 Not Off To A Good Start Transocean Q1 2024 ...

STEINHAUSEN, Switzerland, April 29, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net income attributable to controlling interest of $98 million, $0.11 per diluted share, for the three months ended March 31, 2024. First quarter results included net favor...