Core Viewpoint - Transocean Ltd. (RIG) is expected to report fourth-quarter earnings on February 19, with a consensus estimate of 9 cents per share and revenues of $1.04 billion [1][8]. Group 1: Previous Quarter Performance - In the last reported quarter, Transocean's adjusted earnings were 6 cents per share, surpassing the Zacks Consensus Estimate of 4 cents, driven by strong segment performance [2]. - Adjusted revenues for the last quarter were $1 billion, exceeding the Zacks Consensus Estimate by $21 million [2]. Group 2: Earnings Surprise History - RIG has beaten the Zacks Consensus Estimate in three of the last four quarters, with an average negative surprise of 208.33% [3]. - The Zacks Consensus Estimate for fourth-quarter 2025 earnings indicates a 200% year-over-year increase, while revenues are expected to rise by 9.08% compared to the previous year [3]. Group 3: Factors Influencing Q4 Performance - Transocean generates revenue by providing offshore drilling services, leasing specialized drilling rigs and equipment to oil and gas producers [4]. - The Ultra-Deepwater Floaters segment is projected to grow by 13.1% year-over-year, contributing approximately $763.2 million to revenues [5][8]. - However, total operating and maintenance costs are expected to rise by 4.3% year-over-year to $604 million, which may negatively impact earnings [6][8]. Group 4: Earnings Prediction Model - The current model does not predict an earnings beat for Transocean, as the Earnings ESP is -5.88%, indicating a lower likelihood of exceeding earnings expectations [7].

On CNBC's “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named Horizon Kinetics Inflation Beneficiaries ETF (NYSE:INFL) as her final trade.Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked Amazon.com, Inc. (NASDAQ:AMZN) .On the earnings front, Amazon.com reported mixed fourth-quarter financial results on Feb. 5. The company reported fourth-quarter net sales of $213.39 billion, up 14% year over year. The re ...

Transocean has entered into a definitive agreement to purchase Valaris through an all-stock transaction valued at around $5.8bn (SFr4.44bn). The agreement will create a combined offshore drilling company with a diversified fleet of 73 rigs including 33 ultra-deep-water drill-ships, nine semisubmersibles and 31 jack-ups. Upon completion of the deal, Transocean shareholders will hold around 53% of the combined group, while Valaris shareholders will account for roughly 47%. Pro forma enterprise value is p ...

Core Viewpoint - Transocean's shares experienced a significant increase of 5.9% to close at $5.71, driven by a positive market reaction to the announcement of a $5.8 billion all-stock acquisition of Valaris, which is expected to enhance its fleet and backlog significantly [1][2]. Group 1: Acquisition Impact - The planned acquisition of Valaris is anticipated to expand Transocean's fleet by adding drillships, semisubmersible rigs, and a substantial jackup business [2]. - The combined company's drilling backlog is projected to reach approximately $10 billion, with expected annual synergies of around $200 million [2]. Group 2: Financial Performance Expectations - Transocean is expected to report quarterly earnings of $0.09 per share, reflecting a year-over-year increase of 200%, with revenues anticipated at $1.04 billion, a 9.1% rise from the previous year [3]. - The consensus EPS estimate for Transocean has remained stable over the last 30 days, indicating that stock price movements may be influenced by trends in earnings estimate revisions [4]. Group 3: Market Position and Comparisons - Transocean holds a Zacks Rank of 3 (Hold) and is part of the Zacks Oil and Gas - Drilling industry, which includes Seadrill, another company in the sector that saw a 3.2% increase in its stock price [5]. - Seadrill's consensus EPS estimate has seen a significant decline of 104.8% over the past month, contrasting with Transocean's stable outlook [6].

Group 1 - The law firm Kahn Swick & Foti, LLC is investigating the proposed sale of Valaris Limited to Transocean Ltd, focusing on the adequacy of the price and process involved in the transaction [1] - Under the proposed terms, Valaris shareholders will receive 15.235 shares of Transocean stock for each share of Valaris they own [1] - KSF aims to determine if the consideration offered undervalues Valaris and whether the process leading to this transaction was adequate [1]

The oil and gas services industry is consolidating.Shares of Valaris (VAL +34.11%) soared on Monday after it struck a deal to be acquired by rival offshore driller Transocean (RIG +5.94%). By the close of trading, Valaris' stock price was up more than 34%. An enticing offer for investorsUnder the terms of the deal, Valaris shareholders would receive 15.235 shares of Transocean stock for each Valaris share they own. The all-stock merger values Valaris at roughly $5.8 billion, a premium of over 35% to the ene ...

Some of the winners from that rush into AI drove the market higher on Monday. Chip companies rose, for example, with Nvidia up 2.4% and Broadcom up 3.3%. They were two of the strongest forces pushing the S&P 500 upward.Kroger climbed 3.9% after the grocer named a former Walmart executive as its new chief executive officer.Transocean reversed an early loss and rose 5.9% after the offshore drilling company said it would buy Valaris in an all-stock deal valued at $5.8 billion. Valaris leaped 34.3%.On the losi ...

Group 1: Company Overview - Transocean, an offshore drilling contractor, closed at $5.71, up 5.94% following the announcement of an all-stock acquisition of Valaris valued at $5.8 billion [1][3] - The acquisition will increase Transocean's drillship count from 20 to 33, semi-submersibles from 7 to 9, and add 31 jackups, diversifying its fleet geographically and providing new shallow-water exposure [3][4] - The combined enterprise value of Transocean and Valaris will be approximately $17 billion, with an EBITDA of around $2 billion and a backlog of $10 billion [4] Group 2: Market Reaction - Trading volume for Transocean reached 179 million shares, about 391% above its three-month average of 36.5 million shares, indicating strong investor interest [1] - The S&P 500 and Nasdaq Composite also saw gains, with the S&P 500 up 0.45% and the Nasdaq up 0.90%, reflecting a positive market sentiment towards the oil and gas drilling sector [2] Group 3: Future Outlook - Management anticipates $200 million in synergies from the acquisition, which investors will need to monitor closely [4] - Valaris stock spiked 34% following the acquisition announcement, indicating strong market confidence in the deal [3]

Deep-water oil rig owner Transocean Ltd. agreed to acquire rival Valaris Ltd. in an all-stock deal valued at $5.8 billion as offshore drilling activity heats up. The deal will create the world's largest offshore rig contractor by market value, with a fleet of 73 offshore rigs, including 33 ultra-deepwater drillships, nine semisubmersibles and 31 jackup vessels, the companies said Monday in a statement. Bloomberg's Scott Levine joins to discuss. ...

PresentationHello, and welcome, everyone joining today's Stronger Together Investor Call with Transocean and Valaris. [Operator Instructions] Please note, this call is being recorded, and we are standing by should you need any assistance. It is now my pleasure to turn the meeting over to David Keddington, Vice President and Treasurer at Transocean.David Keddington Thank you, Britney, and good morning, everyone. Welcome to our conference call to discuss today's exciting combination of Transocean and Valaris. ...