Transocean Ltd. — News

Transocean Ltd. (RIG) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-08-07 00:14:24

Transocean (RIG) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to break-even earnings per share a year ago.

zacks.com - 2026-08-05 21:36:33

Although the revenue and EPS for Transocean (RIG) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

zacks.com - 2026-08-05 21:01:05

STEINHAUSEN, Switzerland, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported financial results for the second quarter of 2026. The Company will host a conference call and webcast at 9 a.m. EDT, 3 p.m. CEST, on Thursday, August 6, 2026, with participation details included in this release. Supplemental schedules have been posted to the Investors section of the Company's website at www.deepwater.com.

globenewswire.com - 2026-08-05 17:00:00

STEINHAUSEN, Switzerland, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current activity and contractual status of the Company's fleet of offshore drilling rigs.

globenewswire.com - 2026-08-05 16:57:00

On CNBC's “Halftime Report Final Trades,” Stephanie Link, chief investment strategist, head of investment solutions and equity portfolio manager at Hightower Advisors, named Target Corporation (NYSE:TGT) as her final trade.

benzinga.com - 2026-08-03 08:05:16

First Trust Advisors LP lifted its position in Transocean Ltd. (NYSE: RIG) by 3,072.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 958,406 shares of the offshore drilling services provider's stock after buying an additional 928,196 shares during the quarter.

defenseworld.net - 2026-08-03 04:17:54

Arkadios Wealth Advisors reduced its position in shares of Transocean Ltd. (NYSE: RIG) by 15.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 549,081 shares of the offshore drilling services provider's stock after selling 102,937 shares during the period.

defenseworld.net - 2026-08-01 03:41:43

Energy stocks like CLMT, WES, HP and RIG have the potential to deliver better-than-expected Q2 earnings.

zacks.com - 2026-07-30 09:40:21

Nestle S.A. (NSRGY) remains a hold as volume recovery, while improving, is not yet robust enough to offset margin and developed market risks. Q2 2026 showed positive RIG across all major categories, but developed markets—especially North America and Europe—still lag in volume growth. H1 2026 margin of 16.4% was supported by a one-off pension benefit, and sustainable margin expansion remains uncertain amid FX, tariff, and marketing headwinds.

seekingalpha.com - 2026-07-28 10:29:54

Elliott Investment Management L.P. acquired a new position in Transocean Ltd. (NYSE: RIG) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,626,834 shares of the offshore drilling services provider's stock, valued at approximately $103,606,000. Transocean makes up 0.5% of Elliott Investment Management

defenseworld.net - 2026-07-28 04:19:28

VANCOUVER, BC, July 16, 2026 /PRNewswire/ -- Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) ("Nevada King" or the "Company") is pleased to announce that it has received approval from the Bureau of Land Management ("BLM") for the fifth and most extensive modification to its Plan of Operations ("PoO Mod 5") at its 100% owned 130km2 Atlanta Gold Mine Project ("Atlanta") in eastern Nevada. Highlights: PoO Mod 5 Approval: The modification approves 78 additional reverse circulation ("RC") drill sites and 404 rotary air blast ("RAB") drill sites, enabling the Company to aggressively follow up on key mineralized targets and test extensions across the property.

prnewswire.com - 2026-07-16 06:30:00

STEINHAUSEN, Switzerland, July 07, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2026 and issue a fleet status report on Wednesday, August 5, 2026, after the close of trading on the New York Stock Exchange.

globenewswire.com - 2026-07-07 16:16:00

Noble maintains a positive net margin and lower leverage while focusing on high-specification offshore drilling rigs. Transocean commands higher revenue and a larger fleet but continues to navigate significant net losses and a major pending merger.

fool.com - 2026-07-07 11:29:07

Transocean Ltd. secures a $1B+ contract with Equinor, reinforcing robust backlog growth and operational momentum despite recent share price weakness. Transocean's merger with Valaris Limited, valued at $5.8 billion, is expected to reduce leverage, unlock up to $200 million in annual synergies, and enhance scale and backlog. Industry fundamentals are improving, with rising rig utilization and daily rates driving higher revenue and cash flows for RIG.

seekingalpha.com - 2026-07-01 18:21:16

RIG adds more than $1B to its backlog with Equinor through a seven-rig-year Norway drilling deal, boosting long-term revenue visibility from 2027.

zacks.com - 2026-07-01 10:36:08

STEINHAUSEN, Switzerland, June 30, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven rig years, excluding additional services. The base day rate of $399,000 per day excludes adjustment provisions that will be effective prior to commencement and result in an effective day rate exceeding $400,000 per day at commencement.

globenewswire.com - 2026-06-30 16:22:00

RIG boasts strong revenue visibility through its contract backlog and operational strength, though inflation, oil price volatility and elevated capex could limit near-term upside.

zacks.com - 2026-06-22 10:46:13

RIG wins new offshore contracts worth about $185 million in backlog, reinforcing demand for its premium semisubmersible drilling rigs.

zacks.com - 2026-06-18 10:36:10

STEINHAUSEN, Switzerland, June 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) ("Transocean") today announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog. The Transocean Norge was awarded a five-well contract with Harbour Energy in Norway.

globenewswire.com - 2026-06-16 17:05:21

STEINHAUSEN, Switzerland, June 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract awards for two of its harsh environment semisubmersibles. In aggregate, the fixtures represent approximately $185 million in firm contract backlog.

globenewswire.com - 2026-06-16 17:05:00

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (“KSF”) are investigating the propo

gurufocus.com - 2026-06-11 13:00:00

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Valaris Limited (NYSE: VAL) to Transocean Ltd. (NYSE: RIG). Under the terms of the proposed transaction, shareholders of Valaris will receive 15.235 shares of Transocean stock for each share of Valaris that they own. KSF is seeking to determine whether this consideration and the process that le.

businesswire.com - 2026-06-11 12:09:00

On CNBC's “Mad Money Lightning Round,” Jim Cramer said BlackBerry Limited (NYSE:BB) is “good.”

benzinga.com - 2026-06-11 07:40:08

Transocean Ltd. is rated a Buy, with operational momentum, a strong backlog, and the pending Valaris acquisition driving the investment thesis. RIG's $7B backlog, high contract coverage into 2027, and improving utilization underpin forward cash flow visibility and deleveraging. The Valaris deal, if closed, could add $5B in backlog, $200M+ in synergies, and accelerate leverage reduction to 1.5x EBITDA within 24 months.

seekingalpha.com - 2026-05-26 04:49:10

NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL) were recommended as final trades on CNBC's Halftime Report.

feeds.benzinga.com - 2026-05-20 08:14:41

As Wall Street pours billions into artificial intelligence (AI) infrastructure, Oxbow Advisors founder Ted Oakley says investors are ignoring the massive energy and commodity demand needed to power the AI boom — creating an opportunity in beaten-down energy stocks.

benzinga.com - 2026-05-20 02:39:31

Broader indexes are facing renewed headwinds today as semiconductor weakness  weighs on tech sentiment.

schaeffersresearch.com - 2026-05-18 13:12:25

Chevron CEO Mike Wirth turned heads at the Milken Institute on May 4, telling the room that “we will start to see physical shortages” as commercial inventories, shadow-fleet tankers, and strategic reserves get drained at the same time.

247wallst.com - 2026-05-18 09:44:34