Transocean Ltd Price, Forecast, Insider, Ratings, Fundamentals & Signals

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 soliciting consents (“consents” and, such solicitation being referred to herein as, the “consent solicitation”) from holders (the “holders”) of its outstanding 8.375% senior secured notes due 2028 (the “notes”) as of 5:00 p.m. new york city time, on april 29, 2024 to effect an amendment to the indenture governing the notes (the “indenture”), as described below, upon the terms and subject to the conditions set forth in the consent solicitation statement, dated may 1, 2024 (as may be amended or supplemented from time to time, the “consent solicitation statement”)...

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.

Steinhausen, switzerland, april 18, 2024 (globe newswire) -- transocean ltd. (nyse: rig) announced today on behalf of transocean inc., its wholly-owned subsidiary (the “company” and, together with transocean ltd., “transocean”), the results of the company's previously announced tender offers to purchase for cash (collectively, the “offers” and each, an “offer”) any and all of its outstanding 11.50% senior guaranteed notes due 2027 (the “2027 super priority guaranteed notes”) and 7.25% senior notes due 2025 (the “2025 priority guaranteed notes,” collectively with the 2027 super priority guaranteed notes, the “notes”), in each case, from holders thereof (each, a “holder” and collectively, the “holders”)...

Steinhausen, switzerland, april 17, 2024 (globe newswire) -- transocean ltd. (nyse: rig) today issued a quarterly fleet status report that provides the current status of, and contract information for, the company's fleet of offshore drilling rigs.

Steinhausen, switzerland, april 17, 2024 (globe newswire) -- transocean ltd. (nyse: rig) announced today the pricing terms of the previously announced cash tender offer by transocean inc., its wholly owned subsidiary (the “company” and, together with transocean ltd., “transocean”), for any and all of the company's outstanding 11.50% senior guaranteed notes due 2027 (the “2027 notes”) from holders thereof (each, a “holder” and collectively, the “holders”). the cash tender offers previously announced for the 2027 notes and the 7.25% senior notes due 2025 (collectively, the “notes”) were made pursuant to an offer to purchase, dated april 11, 2024 (the “offer to purchase”)...

Transocean (RIG) anticipates annual O&M expenses to be in the range of $2.2-$2.3 billion, with general and administrative expenses of $210 million for full-year 2024.

Transocean (RIG) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to loss of $0.38 per share a year ago.

Transocean (RIG)-owned Transocean Enabler rig's latest award involves a 19-well contract, along with eight additional well options. The rig has been used by Equinor (EQNR) for several years.

Transocean's (RIG) drillships have won contract extensions worth $248 million. The extensions have been awarded by Hess Corporation and TotalEnergies in the Gulf of Mexico and Angola, respectively.

As we look ahead to the coming year, penny stocks may become increasingly popular among investors. With the risk-free rate set to decrease due to lower interest rates, and many analysts predicting a rise in major indices like the S&P 500 and Nasdaq, the stage could be set for these small-cap investments to flourish.

Transocean (RIG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

STEINHAUSEN, Switzerland, April 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the first quarter 2024 on Monday, April 29, 2024.

Investors should keep their eyes on these best penny stocks to buy in April for substantial gains for the rest of the year. Penny stocks are more affordable than their higher-priced counterparts, allowing investors with limited capital to participate in the stock market and build a diversified portfolio.

In the latest trading session, Transocean (RIG) closed at $6.53, marking a -0.15% move from the previous day.

The market has a risk-on sentiment that is shifting investor sentiment to growth stocks. This includes low-priced small-cap equities that trade at a low price.