Core Insights - Transocean reported revenue of $1.03 billion for the quarter ended September 2025, reflecting an 8.4% increase year-over-year and surpassing the Zacks Consensus Estimate of $1.01 billion by 2.12% [1] - The company achieved an EPS of $0.06, compared to $0 in the same quarter last year, resulting in a 50% surprise against the consensus estimate of $0.04 [1] Financial Performance Metrics - Total fleet average daily revenue was $462.3 thousand, exceeding the average estimate of $449.7 thousand from three analysts [4] - Average daily revenue for Ultra Deepwater Floaters was reported at $460.2 thousand, above the three-analyst average estimate of $453.77 thousand [4] - Total fleet average rig utilization stood at 76%, surpassing the average estimate of 74.1% from three analysts [4] - Utilization for Ultra-Deepwater Floaters was 71%, compared to the average estimate of 68.7% [4] Contract Drilling Revenues - Contract drilling revenues for Harsh Environment Floaters reached $332 million, significantly higher than the average estimate of $265.49 million from two analysts, marking an 18.6% year-over-year increase [4] - Contract drilling revenues for Ultra-Deepwater Floaters were reported at $696 million, slightly above the average estimate of $683.9 million, with a year-over-year change of 4.2% [4] Stock Performance - Transocean's shares have returned +20.2% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]

Core Viewpoint - Total Energy Services Inc. has announced a normal course issuer bid to repurchase shares, which is expected to enhance shareholder value by increasing their equity stake in the company [1][4]. Group 1: Normal Course Issuer Bid Details - The normal course issuer bid will commence on October 21, 2025, and will expire on October 20, 2026, with the Toronto Stock Exchange having accepted the notice [1]. - Total Energy may purchase up to 1,841,300 shares, which is 5% of the total outstanding shares as of October 16, 2025, with a maximum daily purchase limit of 12,837 shares based on the average daily trading volume [2]. Group 2: Previous Share Buyback Performance - In the previous normal course issuer bid that ended on October 20, 2025, Total Energy purchased 1,679,360 shares at an average price of $11.33 per share, representing 88% of the authorized shares for repurchase [3]. Group 3: Financial Stewardship and Shareholder Value - Total Energy has returned approximately $360 million to its shareholders through dividends, distributions, and share buybacks, including $6.66 per share in dividends and distributions [4]. - The company views the current market conditions as favorable for share repurchases, which is anticipated to benefit remaining shareholders by increasing their equity investment in Total Energy [4]. Group 4: Company Overview - Total Energy is headquartered in Calgary, Alberta, and provides various services including contract drilling, equipment rentals, and well servicing to the energy and resource industries in North America and Australia [5].

Core Viewpoint - Total Energy Services Inc. has successfully extended its $170 million revolving syndicated bank credit facilities to January 10, 2029, with no changes to the terms and conditions of the facility [1]. Company Overview - Total Energy Services Inc. is headquartered in Calgary, Alberta, and provides a range of services including contract drilling, equipment rentals, transportation services, well servicing, and compression and process equipment to the energy and other resource industries [2]. - The company's common shares are listed on the TSX under the symbol "TOT" [2].

CALGARY, Alberta, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy”) (TSX:TOT) announces that it has extended its $170 million revolving syndicated bank credit facilities (the “Credit Facility”) to January 10, 2029. Other than the extension of the maturity date, there were no changes to the terms and conditions of the Credit Facility. Headquartered in Calgary, Alberta, Total Energy provides contract drilling services, equipment rentals and transportation services, well servicing a ...

Company Overview - Total Energy Services Inc. is headquartered in Calgary, Alberta, and provides contract drilling services, equipment rentals, transportation services, well servicing, and compression and process equipment and service to the energy and other resource industries [3]. Financial Results Announcement - Total Energy will release its financial results for the three months ended September 30, 2025, prior to a conference call scheduled for November 13, 2025, at 9:00 a.m. (Mountain Time) [1]. - The conference call will be hosted by Daniel Halyk, President and CEO, and will be open to shareholders and other interested persons [1]. Access to Information - A live webcast of the conference call will be available on Total Energy's website, and an archived version will be accessible shortly after the live event [2]. - A recording of the conference call will be available until December 13, 2025, by dialing a specified number with a passcode [2].

Transocean Ltd. RIG released its second-quarter results after Monday's closing bell. Here's a look at the details from the report. RIG shares are trending up after-hours Monday. Check the latest price here. The Details: Transocean reported quarterly earnings of zero cents per share which missed the consensus estimate of earnings of one cent per share. Quarterly revenue came in at $988 million, which beat the analyst consensus estimate of $972.89 million and is up from revenue of $861 million from the same p ...

Group 1 - Noble Corporation plans to report its financial results for the second quarter of 2025 on August 5, 2025, after the U.S. market close [1] - A conference call regarding the second quarter results is scheduled for August 6, 2025, at 8:00 a.m. U.S. Central Time, with registration options available [2] - Noble Corporation is a leading offshore drilling contractor with a modern and advanced fleet, focusing on ultra-deepwater and high specification jackup drilling opportunities [3]

Company Overview - Total Energy Services Inc. is headquartered in Calgary, Alberta, and provides contract drilling services, equipment rentals, transportation services, well servicing, and compression and process equipment and service to the energy and other resource industries from operation centers in North America and Australia [4]. Financial Results Announcement - Total Energy will conduct a conference call and webcast following the release of its financial results for the three months ended June 30, 2025 [1]. - The financial results will be released prior to the conference call, which is scheduled for August 6, 2025, at 9:00 a.m. (Mountain Time) [2]. Access to Conference Call - The conference call can be accessed by dialing (833) 752-3851 or (647) 846-8915 [2]. - A live webcast of the conference call will be available on Total Energy's website, and an archived version will be accessible shortly after the live event [3]. Contact Information - For further information, inquiries can be directed to Yuliya Gorbach, Vice-President Finance and Chief Financial Officer, at (403) 216-3920 or via email at investorrelations@totalenergy.ca [5].

Core Points - Total Energy Services Inc. has announced the acquisition of a fleet of surface rental equipment in Oklahoma for U.S. $6.4 million, paid with cash on hand [1] - The acquisition includes approximately 280 pieces of rental equipment and a substantial inventory of ancillary equipment, marking a 30% increase in the Rentals and Transportation Services segment's U.S. fleet [2] - Total Energy provides various services including contract drilling, equipment rentals, transportation services, well servicing, and compression and process equipment to the energy and resource industries [3]

Core Points - Total Energy Services Inc. held its annual meeting of shareholders on May 13, 2025, with 25,209,233 common shares represented, accounting for 66.3% of the issued and outstanding shares [1] Voting Outcomes - The election of directors was successful for all nominees: - George Chow received 23,566,942 votes (99.6% for) [2] - Glenn Dagenais received 23,434,702 votes (99.1% for) [2] - Daniel Halyk received 23,619,795 votes (99.8% for) [2] - Jessica Kirstine received 23,436,823 votes (99.1% for) [2] - Tim McMillan received 23,605,915 votes (99.8% for) [2] - Ken Mullen received 20,601,943 votes (87.1% for) [2] - The appointment of MNP LLP as auditors was also approved with 25,144,350 votes (99.7% for) [2] Company Overview - Total Energy provides various services including contract drilling, equipment rentals, transportation services, well servicing, and compression and process equipment to the energy and resource industries, operating in North America and Australia [2]