
Transocean (RIG) Ascends While Market Falls: Some Facts to Note
Transocean (RIG) closed at $7.58 in the latest trading session, marking a +0.93% move from the prior day.

Transocean Ltd. Announces Third Quarter 2023 Earnings Release Date
STEINHAUSEN, Switzerland, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter 2023 after the close of trading on the NYS...

Transocean: May Soar By 200% In The Next 36 Months
Transocean's stock is struggling to break through the $9 resistance line, but could reach double digits this year. New drilling contracts and rising oil prices are positive indicators for offshore ...

3 Offshore Oil Stocks Riding the Waves of Momentum
One sector generating major gains in 2023 went largely unnoticed – offshore oil stocks. Stocks in the sector exploded over the past few months, with some doubling in price (or more).

Transocean to offer $300 million of five-year bonds
Offshore drilling services provider Transocean Ltd. RIG, +2.95% said Tuesday it's planning a private offering of $300 million of five-year bonds.

Oil bullishness comes from a supply and demand mismatch due to cuts: Requisite's Bryn Talkington
Bryn Talkington, managing partner at Requisite Capital Management, joins the investment committee on 'Halftime Report' to discuss a technical read of the oil market, a mismatch in oil supply and de...

Transocean stock price: RIG technicals point to more upside
The Transocean (NYSE: RIG) stock price has been in a strong bullish trend in the past two years. The shares jumped to a year-to-date high of $8.85 in August, the highest point since April 2019.

Transocean (RIG) Inks a $486M Contract for Deepwater Aquila
Transocean (RIG) enters into a three-year, $486 million contract with a national oil company for its Deepwater Aquila drillship. It also plans to acquire the outstanding interests in Liquila Ventur...

Transocean Acquires Newbuild Drillship Following $486 Million Long-Term Contract Award - Buy
Transocean finally announced the eagerly-awaited maiden contract for the newbuild 7th generation drillship Deepwater Aquila. The three-year contract is valued at $486 million, with a $40 million mo...

Transocean: Registration Statement For Largest Shareholder No Reason To Worry - Buy
Last week's registration statement has caused some flurry among investors with Transocean Ltd.'s largest shareholder, Frederik Mohn seemingly looking to dispose of some or even all its holdings in ...

Transocean: Deleveraging Story Becomes Clearer
Transocean's average day rates have been rising, and it expects further increases in the future. The company's deleveraging story is becoming clearer and should start to play out next year. Given i...

Transocean (RIG) Secures $222M Drilling Contract From ONGC
Transocean (RIG) wins a $222M contract from Oil and Natural Gas Corporation for the Dhirubhai Deepwater KG1 (DDKG1) drillship, boosting offshore drilling.

Transocean: Let's Do The Convertible Bond Math
Management has now said that the convertible bondholders have asked about exercising their options, implying up to 20% dilution is on the table. I am not as concerned about it; a lot of it should a...

Transocean (RIG) Q2 Loss Wider Than Expected, Revenues Beat
Transocean (RIG) expects adjusted contract drilling revenues of $720 million in Q3 2023, with O&M expenses of $540 million and full-year adjusted contract revenues in the $2.9-$3 billion range.
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