RIG boasts strong revenue visibility through its contract backlog and operational strength, though inflation, oil price volatility and elevated capex could limit near-term upside.
RIG wins new offshore contracts worth about $185 million in backlog, reinforcing demand for its premium semisubmersible drilling rigs.
STEINHAUSEN, Switzerland, June 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) ("Transocean") today announced contract awards for two of its harsh environment semisubmersibles. In aggregate,
STEINHAUSEN, Switzerland, June 16, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract awards for two of its harsh environment semisubmersibles. In aggrega
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [url="]Kahn Swick and Foti[/url], LLC (“KSF”) are investigating the propo
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale
On CNBC's “Mad Money Lightning Round,” Jim Cramer said BlackBerry Limited (NYSE:BB) is “good.”
Transocean Ltd. is rated a Buy, with operational momentum, a strong backlog, and the pending Valaris acquisition driving the investment thesis. RIG's $7B backlog, high contract coverage into 2027, and
NextEra Energy (NEE), Transocean (RIG), Alibaba (BABA), and Welltower (WELL) were recommended as final trades on CNBC's Halftime Report.
As Wall Street pours billions into artificial intelligence (AI) infrastructure, Oxbow Advisors founder Ted Oakley says investors are ignoring the massive energy and commodity demand needed to power th
Broader indexes are facing renewed headwinds today as semiconductor weakness  weighs on tech sentiment.
Chevron CEO Mike Wirth turned heads at the Milken Institute on May 4, telling the room that “we will start to see physical shortages” as commercial inventories, shadow-fleet tankers, and strategic
RIG expects second-quarter 2026 contract drilling revenues in the range of $930-$970 million and fleet-wide revenue efficiency of 96.5%.
Transocean Ltd. (RIG) Q1 2026 Earnings Call Transcript
Transocean (RIG) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.07. This compares to a loss of $0.1 per share a year ago.
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