Latest News on RIG

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Transocean Expands $243M Backlog With BP and Petrobras Deals

https://www.zacks.com/stock/news/2761391/transocean-expands-243m-backlog-with-bp-and-petrobras-deals
RIG secures $243 million in new contracts with BP and Petrobras, strengthening its offshore drilling leadership in key markets.

Transocean Ltd. Announces $243 Million in Exercised Options for Ultra-Deepwater Drillships - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/10/g47983242/transocean-ltd-announces-243-million-in-exercised-options-for-ultra-deepwater-drillships
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. In the U.S.

Transocean Ltd. Announces $243 Million in Exercised Options for Ultra-Deepwater Drillships

https://www.globenewswire.com/news-release/2025/10/01/3159994/0/en/Transocean-Ltd-Announces-243-Million-in-Exercised-Options-for-Ultra-Deepwater-Drillships.html
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 Ltd. Announces Pricing of Private Offering of Senior Priority Guaranteed Notes Due 2032

https://www.globenewswire.com/news-release/2025/09/30/3159058/0/en/Transocean-Ltd-Announces-Pricing-of-Private-Offering-of-Senior-Priority-Guaranteed-Notes-Due-2032.html
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 Ltd. Announces Cash Tender Offer - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/09/g47940822/transocean-ltd-announces-cash-tender-offer
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 ...
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Transocean Ltd. Announces Cash Tender Offer

https://www.globenewswire.com/news-release/2025/09/30/3158704/0/en/Transocean-Ltd-Announces-Cash-Tender-Offer.html
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" ) , ...

Transocean Ltd. Announces Proposed Private Offering of Senior Priority Guaranteed Notes Due 2032 - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/09/g47939374/transocean-ltd-announces-proposed-private-offering-of-senior-priority-guaranteed-notes-due-2032
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 Ltd. Announces Proposed Private Offering of Senior Priority Guaranteed Notes Due 2032

https://www.globenewswire.com/news-release/2025/09/30/3158617/0/en/Transocean-Ltd-Announces-Proposed-Private-Offering-of-Senior-Priority-Guaranteed-Notes-Due-2032.html
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., ...

Here's Why Holding Transocean Stock Is Justified for Now

https://www.zacks.com/stock/news/2757491/heres-why-holding-transocean-stock-is-justified-for-now
RIG offers a high-spec fleet, strong backlog and cost savings, but faces market softness, regional risks, execution hurdles and a heavy debt burden.

Stitch Fix Posts Q4 Results, Joins Transocean, MBX Biosciences And Other Big Stocks Moving Lower In Thursday's Pre-Market Session - Bloom Energy ( NYSE:BE ) , Amprius Technologies ( NYSE:AMPX )

https://www.benzinga.com/trading-ideas/movers/25/09/47862661/stitch-fix-posts-q4-results-joins-transocean-mbx-biosciences-and-other-big-stocks-moving-low
U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Thursday. Shares of Stitch Fix, Inc. ( NASDAQ: SFIX ) dipped 7.6% to $5.21 in pre-market trading following the release of fourth-quarter results.
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Offshore driller Transocean plunges after offering shares at a discount

https://www.cnbc.com/2025/09/25/offshore-driller-transocean-plunges-after-offering-shares-at-a-discount.html
Transocean has increased the size of the public offering, which closes Friday.

Why PepGen Shares Are Trading Higher By 112%; Here Are 20 Stocks Moving Premarket - AtlasClear Holdings ( AMEX:ATCH ) , Armlogi Holding ( NASDAQ:BTOC )

https://www.benzinga.com/trading-ideas/movers/25/09/47860446/why-pepgen-shares-are-trading-higher-by-112-here-are-20-stocks-moving-premarket
Shares of PepGen Inc. PEPG rose sharply in pre-market trading after the company announced the launch of an underwritten public offering of common stock and pre-funded warrants. PepGen shares jumped 112.4% to $5.65 in the pre-market trading session. Here are some other stocks moving in pre-market ...

Transocean Ltd. Announces Pricing of Upsized Public Offering of Shares

https://www.globenewswire.com/news-release/2025/09/25/3155945/0/en/Transocean-Ltd-Announces-Pricing-of-Upsized-Public-Offering-of-Shares.html
STEINHAUSEN, Switzerland, Sept. 24, 2025 ( GLOBE NEWSWIRE ) -- Transocean Ltd. ( NYSE: RIG ) ( "Transocean" ) announced today the pricing of an underwritten public offering of 125,000,000 Transocean shares, par value $0.10, at a public offering price of $3.05 per share.

Transocean ( RIG ) Stock Is Diving After Hours: Here's Why - Transocean ( NYSE:RIG )

https://www.benzinga.com/markets/offerings/25/09/47854279/transocean-rig-stock-is-diving-after-hours-heres-why
Transocean Ltd RIG shares are tumbling in Wednesday's after-hours session after the company announced a public offering. What Happened: After the market close on Wednesday, Transocean said it plans to offer and sell 100 million shares of its common stock in an underwritten public offering.

Transocean Ltd. Announces Public Offering of Shares - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/09/g47852760/transocean-ltd-announces-public-offering-of-shares
STEINHAUSEN, Switzerland, Sept. 24, 2025 ( GLOBE NEWSWIRE ) -- Transocean Ltd. RIG ( "Transocean" ) announced today that it intends to offer and sell 100,000,000 Transocean shares, par value $0.10, in an underwritten public offering. All of the shares subject to the offering are being offered by ...
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Equinor Receives Approval for Drilling Operations at Verdande

https://www.zacks.com/stock/news/2755736/equinor-receives-approval-for-drilling-operations-at-verdande
EQNR secures approval to begin drilling at Verdande, set to boost output using FPSO Norne and existing subsea infrastructure.

Zacks Industry Outlook Highlights Transocean, Helmerich & Payne and Precision Drilling

https://www.zacks.com/stock/news/2749814/zacks-industry-outlook-highlights-transocean-helmerich-payne-and-precision-drilling
Despite industry headwinds, Transocean, Helmerich & Payne, and Precision Drilling show resilience and potential upside.

What Makes These 3 Oil & Gas Drilling Stocks Worth Watching?

https://www.zacks.com/commentary/2749573/what-makes-these-3-oil-gas-drilling-stocks-worth-watching
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like RIG, HP and PDS.

Transocean ( RIG ) Up 5.2% Since Last Earnings Report: Can It Continue?

https://www.zacks.com/stock/news/2746808/transocean-rig-up-52-since-last-earnings-report-can-it-continue
Transocean (RIG) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Equinor Gets Green Light for Norwegian Sea Drilling With Transocean Rig

https://www.zacks.com/stock/news/2746480/equinor-gets-green-light-for-norwegian-sea-drilling-with-transocean-rig
EQNR secures approval to drill in the Norwegian Sea using Transocean Encourage, targeting key offshore fields from October 2025.
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Transocean Plans to Sell Off Five Stacked Rigs to Streamline Fleet

https://www.zacks.com/stock/news/2746037/transocean-plans-to-sell-off-five-stacked-rigs-to-streamline-fleet
RIG plans to sell five stacked rigs, including four drillships, incurring a $1.9B charge as it sharpens focus on high-spec assets.

What Does the Market Think About Transocean? - Transocean ( NYSE:RIG )

https://www.benzinga.com/insights/short-sellers/25/09/47438399/what-does-the-market-think-about-transocean
Transocean's RIG short percent of float has fallen 3.12% since its last report. The company recently reported that it has 135.80 million shares sold short, which is 17.4% of all regular shares that are available for trading.

Billionaire Investor Paul Singer Has Over Half Of Elliott Investment's Portfolio Invested In These Four Stocks - Triple Flag Precious ( NYSE:TFPM )

https://www.benzinga.com/markets/hedge-funds/25/08/47383253/billionaire-investor-paul-singer-has-over-half-of-elliott-investments-portfolio-invested-in-t
Hedge Fund manager and billionaire investor Paul Singer's Elliott Investment Management L.P. has concentrated over half of its $17.59 billion portfolio in four key stocks, signaling a bold strategic pivot toward precious metals and energy sectors, according to the firm's second quarter 13F filing.

Here's Why Investors Should Hold Onto Nabors Stock for Now

https://www.zacks.com/stock/news/2743057/heres-why-investors-should-hold-onto-nabors-stock-for-now
NBR shows revenue growth and global expansion but faces losses, debt risks and U.S. drilling headwinds, making it a stock to hold.

TDECU Welcomes New Advisory Board Members

https://www.benzinga.com/pressreleases/25/08/g47163051/tdecu-welcomes-new-advisory-board-members
Houston, TX, Aug. 15, 2025 ( GLOBE NEWSWIRE ) -- TDECU, Houston's largest credit union, is proud to announce the appointment of five distinguished advisory board members. Their expertise and insight will strengthen the organization's commitment to its purpose of Members helping Members and ...
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Transocean Q2 Earnings & Sales Surpass Estimates, Improve Y/Y

https://www.zacks.com/stock/news/2672490/transocean-q2-earnings-sales-surpass-estimates-improve-yy
RIG expects contract drilling revenues between $1 billion and $1.02 billion and capital expenditures of $25 million to $30 million for the third quarter of 2025.

Transocean ( RIG ) Q2 2025 Earnings Call Transcript

https://www.fool.com/earnings/call-transcripts/2025/08/05/transocean-rig-q2-2025-earnings-call-transcript/
Image source: The Motley Fool.Tuesday, Aug. 5, 2025 at 1 p.m. ETPresident and Chief Executive Officer - Keelan AdamsonContinue reading ...

Transocean ( RIG ) Q2 Revenue Jumps 15%

https://www.fool.com/data-news/2025/08/05/transocean-rig-q2-revenue-jumps-15/
Transocean ( NYSE:RIG ) , a leading offshore drilling contractor specializing in deepwater and harsh environment rigs, announced its earnings on August 4, 2025. The key news from this release was the company's GAAP revenue of $988 million, beating expectations of $976.4 million, and an adjusted ...

Arcadis nominates Simon Crowe as new CFO and member of the Executive Board

https://www.globenewswire.com/news-release/2025/08/05/3127018/0/en/Arcadis-nominates-Simon-Crowe-as-new-CFO-and-member-of-the-Executive-Board.html
Arcadis nominates Simon Crowe as new CFO and member of the Executive Board

Arcadis nominates Simon Crowe as new CFO and member of the Executive Board

https://www.benzinga.com/pressreleases/25/08/g46847298/arcadis-nominates-simon-crowe-as-new-cfo-and-member-of-the-executive-board
Amsterdam, 5 August 2025 - Arcadis ARCAD, a global leader in sustainable design, engineering, and consultancy solutions, today announces that its Supervisory Board has nominated Simon Crowe for the position of Chief Financial Officer ( CFO ) and member of the Executive Board, succeeding Virginie ...
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Transocean Stock Inches Higher After Q2 Report - Transocean ( NYSE:RIG )

https://www.benzinga.com/markets/earnings/25/08/46842987/transocean-stock-inches-higher-after-q2-report
Transocean reports earnings of zero cents per share, which missed the consensus estimate of earnings of one cent per share. Quarterly revenue comes in at $988 million, which beat the Street estimate of $972.89 million. The market's back, and these 3 income stocks are thriving. See them here→

Transocean ( RIG ) Reports Break-Even Earnings for Q2

https://www.zacks.com/stock/news/2664227/transocean-rig-reports-break-even-earnings-for-q2
Transocean (RIG) delivered earnings and revenue surprises of +100.00% and +2.05%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?

Transocean Ltd. Reports Second Quarter 2025 Results

https://www.globenewswire.com/news-release/2025/08/04/3126908/0/en/Transocean-Ltd-Reports-Second-Quarter-2025-Results.html
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.

Netflix, Palo Alto And An Energy Stock On CNBC's 'Final Trades' - Netflix ( NASDAQ:NFLX ) , CyberArk Software ( NASDAQ:CYBR )

https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/08/46824099/netflix-palo-alto-and-an-energy-stock-on-cnbcs-final-trades
Jim Lebenthal names Transocean as his final trade. Get special access to three exclusive "Top 10 Stocks" power lists today, updated daily. On CNBC's "Halftime Report Final Trades," Blue Line Capital's Bill Baruch named Netflix, Inc. NFLX as his final trade.

Valaris Limited ( VAL ) Surpasses Q2 Earnings and Revenue Estimates

https://www.zacks.com/stock/news/2640847/valaris-limited-val-surpasses-q2-earnings-and-revenue-estimates
Valaris (VAL) delivered earnings and revenue surprises of +38.79% and +6.41%, respectively, for the quarter ended June 2025. Do the numbers hold clues to what lies ahead for the stock?
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Transocean to Report Q2 Earnings: What's in the Offing for the Stock?

https://www.zacks.com/stock/news/2638019/transocean-to-report-q2-earnings-whats-in-the-offing-for-the-stock
RIG's revenues are expected to have increased from the year-ago level. Its costs and expenses are likely to have increased during the second quarter.

Transocean Boosts Backlog Growth With New Contracts and Extensions

https://www.zacks.com/stock/news/2591659/transocean-boosts-backlog-growth-with-new-contracts-and-extensions
RIG adds $199 million to the second-quarter backlog with new contracts and extensions, lifting its total to $7.2 billion amid strong offshore demand.

Transocean Ltd. Provides Quarterly Fleet Status Report

https://www.globenewswire.com/news-release/2025/07/16/3116850/0/en/Transocean-Ltd-Provides-Quarterly-Fleet-Status-Report.html
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.

Transocean Ltd. Announces Second Quarter 2025 Earnings Release Date - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/07/g46405818/transocean-ltd-announces-second-quarter-2025-earnings-release-date
STEINHAUSEN, Switzerland, July 14, 2025 ( GLOBE NEWSWIRE ) -- Transocean Ltd. 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 Ltd. Announces Second Quarter 2025 Earnings Release Date

https://www.globenewswire.com/news-release/2025/07/14/3115232/0/en/Transocean-Ltd-Announces-Second-Quarter-2025-Earnings-Release-Date.html
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.
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Equinor Encounters New Oil at Johan Castberg Field, Boosts Reserves

https://www.zacks.com/stock/news/2557484/equinor-encounters-new-oil-at-johan-castberg-field-boosts-reserves
EQNR strikes oil at Johan Castberg's Drivis Tubaen prospect, potentially adding up to 15M barrels to reserves.

Transocean to Drill New Wildcat Well for Equinor in the Norwegian Sea

https://www.zacks.com/stock/news/2555756/transocean-to-drill-new-wildcat-well-for-equinor-in-the-norwegian-sea
RIG secures a new wildcat well drilling job in the Norwegian Sea for Equinor that is set to start in July 2025.

NBR Stock Down 56% in a Year: Should Investors Hold or Move On?

https://www.zacks.com/stock/news/2543720/nbr-stock-down-56-in-a-year-should-investors-hold-or-move-on
NBR struggles with declining U.S. drilling margins, high debt, geopolitical risks, integration costs and volatile rig counts, raising concerns for investors.

Oil & Gas Drilling Is Struggling - But These 3 Names Stand Out

https://www.zacks.com/commentary/2510263/oil-gas-drilling-is-struggling---but-these-3-names-stand-out
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.

YY Group Holding Limited Acquires Majority Stake in Transocean Oil Pte. Ltd. - YY Group Holding ( NASDAQ:YYGH )

https://www.benzinga.com/pressreleases/25/06/g45994238/yy-group-holding-limited-acquires-majority-stake-in-transocean-oil-pte-ltd
Singapore, June 18, 2025 ( GLOBE NEWSWIRE ) -- YY Group Holding Limited YYGH ( "YY Group," "YYGH," or the "Company" ) , a global leader in on-demand workforce solutions and integrated facility management ( IFM ) , has acquired a 53% stake in Transocean Oil Pte.
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Here's Why Hold Strategy Is Apt for Transocean Stock Now

https://www.zacks.com/stock/news/2503339/heres-why-hold-strategy-is-apt-for-transocean-stock-now
RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.

Last week's top gainer Mid cap stocks - Quantum Computing ( NASDAQ:QUBT ) , Transocean ( NYSE:RIG ) , Oklo ( NYSE:OKLO )

https://www.benzinga.com/trading-ideas/movers/25/06/45940856/oklo-quantum-computing-and-transocean-are-among-top-10-mid-cap-gainers-last-week-june-9-13-a
Oklo surged 26.6% after winning a U.S. defense energy award and raising $400M, with analyst upgrades boosting momentum. Most mid-cap gainers, including Transocean and Civitas, rose on soaring oil prices driven by Middle East conflict.

Why RH Shares Are Trading Higher By Around 18%; Here Are 20 Stocks Moving Premarket - bioAffinity Technologies ( NASDAQ:BIAF ) , Adobe ( NASDAQ:ADBE )

https://www.benzinga.com/trading-ideas/movers/25/06/45920832/why-rh-shares-are-trading-higher-by-around-18-here-are-20-stocks-moving-premarket
Shares of RH RH rose sharply in today's pre-market trading as the company reported upbeat earnings for the first quarter and announced that it is maintaining its current FY25 guidance despite uncertainty surrounding tariffs and macroeconomic events.

Helmerich & Payne ( HP ) Down 11.2% Since Last Earnings Report: Can It Rebound?

https://www.zacks.com/stock/news/2487686/helmerich-payne-hp-down-112-since-last-earnings-report-can-it-rebound
Helmerich & Payne (HP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Transocean Ltd. Announces Exercise of $100 Million Option for Harsh Environment Semisubmersible - Transocean ( NYSE:RIG )

https://www.benzinga.com/pressreleases/25/06/g45780764/transocean-ltd-announces-exercise-of-100-million-option-for-harsh-environment-semisubmersible
STEINHAUSEN, Switzerland, June 04, 2025 ( GLOBE NEWSWIRE ) -- Transocean Ltd. RIG ( "Transocean" ) today announced that a two-well option was exercised for the Transocean Spitsbergen in Norway.
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