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 2 ...

STEINHAUSEN, Switzerland, April 11, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that Transocean Inc., its wholly-owned subsidiary (the "Company" and, together with Transocean Ltd., "Transocean"), has priced its previously announced private offering, upsized to $1,800,000,000 in aggregate principal amount, of $900,000,000 aggregate principal amount of Senior Notes due 2029 (the "2029 Notes") and $900,000,000 aggregate principal amount of Senior Notes due 2031 (the "2031 Notes" and tog ...

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. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, April 30, 2024. Individuals who wish to participate should dial +1 785-424-1222 and refer to conference code 102568 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulca ...

The most recent trading session ended with Transocean (RIG) standing at $6.53, reflecting a -0.15% shift from the previouse trading day's closing. This change lagged the S&P 500's 1.11% gain on the day. Meanwhile, the Dow experienced a rise of 0.8%, and the technology-dominated Nasdaq saw an increase of 1.24%.The offshore oil and gas drilling contractor's shares have seen an increase of 26.99% over the last month, surpassing the Oils-Energy sector's gain of 10.33% and the S&P 500's gain of 0.48%.The investm ...

Transocean Ltd. (RIG) , a leading international provider of offshore contract drilling services for oil and gas wells, recently announced a 365-day contract extension for the Deepwater Asgard, a prominent asset in its fleet. The extension, secured with an independent operator in the U.S. Gulf of Mexico, highlights Transocean's commitment to providing top-tier offshore contract drilling services.Let's delve into the details of this significant development and its implications.Deepwater Asgard: A Key AssetThe ...

In the latest market close, Transocean (RIG) reached $6.10, with a +0.99% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.89%. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Heading into today, shares of the offshore oil and gas drilling contractor had gained 29.34% over the past month, outpacing the Oils-Energy sector's gain of 5.25% and the S&P 500's gain of 3.56% in that time.The upcoming earnings release of Transoce ...

A month has gone by since the last earnings report for Transocean (RIG) . Shares have added about 29.3% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Transocean due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Transocean Q4 Loss Narrower Than Expected, Revenues Mis ...

Transocean (NYSE: RIG) stock price is not doing well in 2023. It has already dropped by almost 9% this year, lagging the S&P 500 and Nasdaq 100 indices that have surged to their record highs. The stock has fallen by more than 35% in the past five years.Transocean lowered estimatesCopy link to sectionTransocean is a major player in the energy sector. It is one of the few companies that take some of the toughest tasks in the industry. For example, it handles complicated rig solutions in the deep water and oth ...

Transocean (RIG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this offshore oil and gas drilling contractor have returned +4.6%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Oil and Gas - Drilling industry, which Transocean falls in, has gained 4.5%. The key question now is: What could be the stock's futu ...

Transocean (RIG) closed the latest trading day at $5.41, indicating a -0.37% change from the previous session's end. The stock fell short of the S&P 500, which registered a gain of 1.12% for the day. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Shares of the offshore oil and gas drilling contractor witnessed a gain of 1.88% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 4.79% and the S&P 500's gain ...