Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | Buy → Neutral | Citigroup | |
9/3/2024 | Hold → Buy | DNB Markets | |
4/8/2024 | $5.50 → $9.00 | Neutral → Positive | Susquehanna |
11/28/2023 | $8.00 | Equal Weight | CapitalOne |
7/5/2023 | $6.50 → $9.50 | Neutral → Buy | Citigroup |
3/22/2023 | $7.50 | Neutral → Buy | Compass Point |
2/16/2023 | $7.00 | Overweight → Equal Weight | Barclays |
1/19/2023 | $7.50 | Buy | The Benchmark Company |
Citigroup downgraded Transocean from Buy to Neutral
DNB Markets upgraded Transocean from Hold to Buy
Susquehanna upgraded Transocean from Neutral to Positive and set a new price target of $9.00 from $5.50 previously
The aggregate incremental backlog associated with these fixtures is approximately $656 million. As of July 24, 2024, the company's total backlog is approximately $8.8 billion.
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) $98 $(221) $(165) $42 Diluted earnings (loss) per share$(0.15) $0.11 $(0.26) $(0.22) $0.07 Adjusted EBITDA$284 $199 $85 $237 $47 Adjusted EBITDA margin33.0% 26.0% 7.0%
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 simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 2 p.m. EDT, 8 p.m. CEST, on Augus
Three months ended March 31, December 31, Sequential 2024 2023 change(In millions, except per share amounts and backlog) Contract drilling revenues$763 $741 $22 Adjusted contract drilling revenues$767 $748 $19 Revenue efficiency(1) 92.9 % 97.0 % (4.1)% Operating and maintenance expense$523 $569 $(46) Net income (loss) attributable to controlling interest$98 $(104) $202 Diluted earnings (loss) per share$0.11 $(0.13) $0.24 Adjusted EBITDA$199 $122 $77 Adjusted EBITDA margin 26.0 % 16.3 % 9.7 % Adjusted net loss$(22) $(74) $52 Adjusted diluted loss per share$(0.03) $(0.09) $0.06 Bac
4 - Transocean Ltd. (0001451505) (Issuer)
4 - Transocean Ltd. (0001451505) (Issuer)
4 - Transocean Ltd. (0001451505) (Issuer)
8-K - Transocean Ltd. (0001451505) (Filer)
8-K - Transocean Ltd. (0001451505) (Filer)
8-K - Transocean Ltd. (0001451505) (Filer)
SC 13G - Transocean Ltd. (0001451505) (Subject)
SC 13G/A - Transocean Ltd. (0001451505) (Subject)
SC 13G/A - Transocean Ltd. (0001451505) (Subject)
4 - Transocean Ltd. (0001451505) (Issuer)
4 - Transocean Ltd. (0001451505) (Issuer)
4 - Transocean Ltd. (0001451505) (Issuer)
HOUSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE:ORN) (the "Company"), a leading specialty construction company, announced today the appointment of Edward Chipman ("Chip") Earle as Executive Vice President, General Counsel, Chief Administrative Officer, Chief Compliance Officer and Corporate Secretary, effective November 27th. Mr. Earle will succeed Executive Vice President Peter R. Buchler, who is retiring from Orion after 15 years of service. Mr. Earle joins Orion from Newpark Resources, Inc. (NYSE:NR), a service provider to the industrial and energy sectors, where he was Vice President - General Counsel, Chief Administrative Officer, Chief Compliance Offi
DUBAI, UAE, May 8, 2023 /PRNewswire/ -- Borets International Limited, a global leader in artificial lift engineering, manufacturing, sales, and servicing of electric submersible pumps (ESP), announced the growing and evolving Company has undergone restructuring to reach this exciting juncture where the international business is a distinct and separate division. Accordingly, the rebranding of the company to Levare International Limited (Levare or Company) better aligns with the forward-thinking mindset of new leadership. This change reflects our growing portfolio of artificial lift solutions offered to our global clients within the oil & gas, mining, geothermal and municipal industries.
Kathleen McAllister is a seasoned CEO, CFO and Board Director who has held diverse leadership roles in global, capital-intensive companies in the energy value chain, including at Black Hills Corp. (NYSE:BKH), Höegh LNG Partners LP (NYSE:HMLP) and Transocean Partners LLC (NYSE:RIGP)McAllister's appointment – together with earlier appointments of Sheila Khama, Amelia Kinahoi Siamomua and Gina Stryker – brings 50-50 gender parity to TMC's boardroom. With just three percent of S&P 500 companies' boards comprised of 50 percent or more women today, TMC is joining a small but rapidly growing number of companies delivering on gender parity goals NEW YORK, Feb. 10, 2022 (GLOBE NEWSWIRE) -- The Met
STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected to commence in the second quarter of 2028 and contribute approximately $232 million in backlog, excluding a mobilization fee. There are no additional services provided under the contract. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a partic
STEINHAUSEN, Switzerland, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) ("Transocean") today announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026 and is estimated to contribute approximately $123 million in backlog, excluding additional services and a mobilization fee. The award also includes multiple options. If all options are exercised, the rig would remain in India through the end of 2029. About Transocean Transocean is a leading international provider of offshore contract drilling services for oil an
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) $98 $(221) $(165) $42 Diluted earnings (loss) per share$(0.15) $0.11 $(0.26) $(0.22) $0.07 Adjusted EBITDA$284 $199 $85 $237 $47 Adjusted EBITDA margin33.0% 26.0% 7.0%