Transocean Ltd. (NYSE:RIG) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Jeremy D. Thigpen - Chief Executive Officer Keelan Adamson - President and Chief Operating Officer Thaddeus Vayda - Executive Vice President and Chief Financial Officer Roddie Mackenzie - Executive Vice President and Chief Commercial Officer Conference Call Participants Eddie Kim - Barclays Arun Jayaram - J.P. Morgan Scott Gruber - Citigroup David Smith ...

Transocean (RIG) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to loss of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this offshore oil and gas drilling contractor would post a loss of $0.08 per share when it actually produced a loss of $0.15, delivering a surprise of -87.50%. Over the last four quarter ...

EXHIBIT 99.1 TRANSOCEAN LTD. REPORTS THIRD QUARTER 2024 RESULTS | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------|----------|----------------------------------|--------|-----------------------------|-------|-------------------|-------|-------------------------------------------------|-------|-----------------------| | (In millions, except per share amounts, percentages and | backlog) | Three \nSeptember 30, 2024 | mon ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------|--------------------------------|-------|---------------|-------|------------|--------------------------------|-------|--------------| | | Three months ended \nSeptember | 30, | \nJune 30, | | sequential | Three months ended \nSeptember | 30, | yearoveryear | | | 2024 | | 2024 | | change | 2023 | | change | | (In millions, except per share amounts, percentages and backlog) | | | | | | ...

According to reports, two of the largest offshore drillers, Transocean Ltd. (RIG) , based in Switzerland, and Seadrill Limited (SDRL) , based in Hamilton, Bermuda, are discussing a potential merger, which would help the companies capitalize on the recent rebound of the oil and gas exploration industry. Following the news, shares of both companies moved higher, although they have experienced significant declines year to date. Zacks Investment Research Image Source: Zacks Investment Research Potential Impact ...

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STEINHAUSEN, Switzerland, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the third quarter 2024 on Wednesday, October 30, 2024. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CET, on Thursday, October 31, 2024. Individuals who wish to participate should dial +1 785-424-1226 approximately 15 minutes prior to the scheduled start time and refer to conference code 827284. The teleconference will be s ...

Offshore driller Transocean Ltd. (RIG) has achieved another significant milestone by signing a one-year contract for its ultra-deepwater drillship, Deepwater Conqueror. The new operator remains undisclosed, but it is currently engaged with US energy giant Chevron in the Gulf of Mexico. The contract, which is scheduled to begin by October 2025, is valued at about $193 million and is also expected to grow the company’s backlog substantially. As of July 2024, Transocean had a backlog of $8.64 billion.RIG’s Adv ...

STEINHAUSEN, Switzerland, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a one-year contract for the Deepwater Conqueror with an undisclosed operator in the U.S. Gulf of Mexico. The contract is expected to commence in October 2025 and contribute approximately $193 million in backlog, including additional services. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes ...

This week, the stock market has done what only a few were expecting it could do. The S&P 500 has hit another new all-time high, and while that is good for most stocks, not every one is made – or treated – equally. There are still some names in the market that have yet to catch up to the rest of the bullish momentum infecting the financial markets, and that is where investors can begin to generate alpha in the coming quarters.But, more than just looking at discounted stocks is required. Investors have to com ...