Transocean Ltd. Stock News

Geopolitical tensions don't stop at the current trade tariff negotiations between the United States and its major trading partners; other complications are now brewing in the energy markets as well. New measures have been implemented to prevent countries from purchasing oil from Russia in an effort to de-escalate the ongoing war with Ukraine.

Transocean Ltd. has just reported another strong quarter. The company's sales and EBITDA remain strong. But even more encouraging, in my view, is the company's improving balance sheet.

Transocean Ltd. (NYSE:RIG ) Q2 2025 Earnings Conference Call August 5, 2025 9:00 AM ET Company Participants Alison Johnson - Director of Investor Relations Keelan I.

Transocean (RIG) Q2 Revenue Jumps 15%

STEINHAUSEN, Switzerland, Aug. 04, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today reported a net loss attributable to controlling interest of $938 million, $1.06 per diluted share, for the three months ended June 30, 2025.

STEINHAUSEN, Switzerland, July 16, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company's fleet of offshore drilling rigs.

STEINHAUSEN, Switzerland, July 14, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2025 on Monday, August 4, 2025. The company will conduct a teleconference starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 5, 2025.

Transocean is trading near 52-week lows, despite improving financials and a stable backlog, making it undervalued versus peers. The stock's weakness is tied to low oil prices, slow backlog growth, and market skepticism, but offshore rig supply remains tight and day rates are rising. If oil prices recover and Fed policy eases, Transocean's utilization and margins could surge, potentially driving...