Transocean Ltd. Stock News

The market isn't pricing in the structural scarcity of premium offshore assets. The company boasts a $7.2B backlog, with increasing bidder interest, supporting long-term revenue visibility. While bears focus on $6B in debt, leverage is industry standard and refinancing is a key re-rating catalyst.

Markets are good at assimilating information as it comes in, incorporating it into valuations and price action relatively quickly—but that doesn't mean they're truly efficient. By focusing on current events, markets might miss signs that point to future upside potential.

In the past week or so, some public offerings of stock prompted big insider buying.

STEINHAUSEN, Switzerland, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog.

Transocean was the only major offshore driller to make it through the last downturn, keeping its premium fleet intact in a consolidated market. Even using conservative estimates, the replacement cost of the fleet is around $18 billion, well above its current market cap—highlighting both scarcity value and high barriers to entry. Strong operating leverage and rising dayrates could rapidly accele...

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean International Limited, a Bermuda exempted company limited by shares and a wholly owned subsidiary of Transocean Ltd. (the “Company” and, together with Transocean Ltd., “Transocean”), has priced its previously announced private offering of $500 million aggregate principal amou...

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced that Transocean International Limited, a Bermuda exempted company limited by shares (the “Company”) and a wholly owned subsidiary of Transocean Ltd., a Swiss corporation (“Transocean”), has commenced a cash tender offer (the “Tender Offer”) to purchase up to an aggregate principal amount of its ou...

STEINHAUSEN, Switzerland, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that Transocean International Limited, a Bermuda exempted company limited by shares and a wholly owned subsidiary of Transocean Ltd. (the “Company” and, together with Transocean Ltd., “Transocean”), commenced a private offering of $500 million aggregate principal amount of Senior Priority Gu...