Levi & Korsinsky Reminds Transocean Ltd. Investors of the Ongoing Investigation into Potential Violations of Securities Laws - RIG
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Transocean Ltd. ("Transocean Ltd.
Lost Money on Transocean Ltd.(RIG)? You May Have Been Affected by Fraud- Contact Levi & Korsinsky
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Transocean Ltd. ("Transocean Ltd.
Bronstein, Gewirtz & Grossman, LLC Encourages Transocean Ltd.(RIG) Investors to Inquire about Securities Investigation
NEW YORK CITY, NY / ACCESSWIRE / September 5, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Transocean Ltd. ("Transocean" or "the Company") (NYSE:RIG).
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Transocean Ltd. - RIG
NEW YORK, NY / ACCESSWIRE / September 5, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Transocean Ltd. ("Transocean" or the "Company") (NYSE:RIG).
Transocean Secures $123 Million Offshore Drilling Contract in India
RIG wins a 300-day drilling contract with Reliance Industries for the Dhirubhai Deepwater KG1 project in India, valued at approximately $123 million.
Levi & Korsinsky Reminds Shareholders of an Investigation into Transocean Ltd. (RIG) Regarding Potential Securities Fraud Allegations
NEW YORK, NY / ACCESSWIRE / September 4, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of Transocean Ltd. ("Transocean Ltd.
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Transocean Ltd.(RIG) And Encourages Investors to Reach Out
NEW YORK CITY, NY / ACCESSWIRE / September 4, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Transocean Ltd. ("Transocean" or "the Company") (NYSE:RIG).
Transocean to Sell Two Drillships to Optimize Asset Portfolio
RIG plans to sell the Development Driller III and Discoverer Inspiration drillships for $342 million, aiming to reduce debt and optimize its portfolio.
Transocean Stock: Selloff On Massive Impairment Charge Overdone -- Upgrading To Buy
On Tuesday, shares of leading offshore driller Transocean Ltd. marked new 52-week lows, likely due to a combination of perceived negative company-specific news and a selloff in crude oil. The surprise sale of two warm-stacked 6th generation floaters will result in aggregate proceeds of $342 million but also require an up to $645 million non-cash impairment charge. Essentially, the sale can be viewed as an admission to rocky market conditions for lower-specification units, as already stated by several competitors recently.
Transocean to book charge of over $600 million for sale of some deepwater assets
Transocean's stock headed lower in early Tuesday trading, after the oil services company said it expects to book impairment charges of more than $600 million for the sale of assets.
Transocean's (RIG) Q2 Loss Wider Than Expected, Revenues Lag
Transocean (RIG) expects full-year 2024 operations and maintenance costs to range between $2.2 billion and $2.3 billion, with general and administrative costs anticipated to be $215 million.
Transocean: Don't Sweat The Earnings Miss, There Are Clear Signs Of Strength Here
Transocean missed analyst expectations in Q2 2024 earnings, leading to a share price decline of 4.86%. The company's revenue, operating income, and adjusted EBITDA improved year-over-year, but net losses persisted. RIG should be able to generate positive levered cash flow going forward now that the Deepwater Aquila is completed and working.
