Transocean (RIG) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.15 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -87.50%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post a loss of $0.13 per share when it actually produced a loss of $0.03, delivering a surprise of 76.92%.Over the last four quarte ...

EXHIBIT 99.1 TRANSOCEAN LTD. REPORTS SECOND QUARTER 2024 RESULTS | | | Three months ended | | | | Three months ended | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | June 30, | March 31, | | sequential | | June 30, | year-over-year | | | | 2024 | 2024 | change | | | 2023 | change | | | (In millions, except per share amounts, percentages and backlog) | | | | | | | | | | Contract drilling revenues | $ 861 | $ 763 | $ 98 | | $ | 729 | $ | 132 | | Adjusted contract drilling revenues | $ 861 | $ ...

                Three months ended    Three months ended    June 30,  March 31, sequential June 30,  year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog)              Contract drilling revenues$861  $763  $98  $729  $132 Adjusted contract drilling revenues$861  $767  $94  $748  $113 Revenue efficiency (1)96.9% 92.9% 4.0% 97.2% (0.3)%Operating and maintenance expense$534  $523  $11  $484  $50 Net income (loss) attributable to controlling interest$(123) $ ...

STEINHAUSEN, Switzerland, July 31, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced a 1,095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $531 million in backlog, excluding additional services and a mobilization fee. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas we ...

STEINHAUSEN, Switzerland, July 31, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 1,095-day contract for the Deepwater Invictus with bp in the U.S. Gulf of Mexico. The program is expected to commence in the first quarter of 2025 and is estimated to contribute approximately $531 million in backlog, excluding additional services and a mobilization fee. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas w ...

robtek Nestle (OTCPK:NSRGY) stock has been battered lately by more than 6% and is down almost 30% since highs achieved at the end of 2021. This is, in my opinion, quite paradoxical because the stock is finally seeing some real volume growth coming back again instead of just price increases caused by inflation worldwide. Investors, at this point, seem not to care, but from this price point, I think the stock is a good buy, especially if you consider lower interest rates arriving in the near future, togeth ...

Transocean Ltd. (RIG, Financial) released its first-quarter 2024 results and its latest fleet status report in April. The contract backlog was $8.90 billion, down from $9 billion in the preceding quarter. However, the company has been awarded a few more contracts since then. For instance, on June 4, the company announced that three harsh-environment semi-subs (Transocean Spitsbergen, Transocean Norge and Transocean Endurance) were contracted for $161 million. Later that month, on June 26, it revealed that D ...

STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference will be simu ...

STEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference will be sim ...

Transocean Ltd. (RIG) , an offshore drilling contractor, has secured another significant contract extension for its Deepwater Asgard drillship with Hess Corporation (HES) , a U.S. oil and gas exploration and production company. This extension, valued at $188 million, ensures the drillship will continue its operations in the U.S. Gulf of Mexico for another year. The contract is expected to begin immediately following the conclusion of the rig’s current program.Overview of Deepwater AsgardSpecifications and C ...