RIG earnings
Transocean Ltd (Switzerland) (RIG) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Transocean Ltd. Reports First Quarter 2026 ResultsSTEINHAUSEN, Switzerland, May 04, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today reported financial results for the first quarter of 2026. The Company will host a conference call and webcast at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, May 5, 2026, with participation details included in this release. In addition, supplemental schedules have been posted to the Investors section of the Company's website at www.deepwater.com. FIRST QUARTER 2026 KEY POINTS Contract drilling revenues were $1.08 billion due in part to strong revenue efficiency(1) of 97.3%.Net income was $71 million or $0.06 per diluted share.Adjusted EBITDA was $440 million, with adjusted EBITDA margin exceeding 40%.
- Transocean Ltd. Reports Fourth Quarter and Full Year 2025 ResultsSTEINHAUSEN, Switzerland, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) today reported financial results for the fourth quarter and full year of 2025. The Company will hold a conference call and webcast at 9 a.m. EST, 3 p.m. CET, on Friday, February 20, 2026, to discuss the results, with participation details included in this release. In addition, supplemental slides have been posted to the Investors section of the Company's website at www.deepwater.com. 2025 KEY POINTS Operating revenues were $3.965 billion, up 13% from $3.524 billion in 2024.Revenue efficiency(1) was 96.5%, up from 94.5%.Net loss attributable to controlling interest was $2.915 billion, $3.04 per diluted
- Transocean to Acquire ValarisCreates the world's highest-quality, highest-specification offshore drilling fleet Companies to host conference call today at 8 a.m. CT / 9 a.m. ET STEINHAUSEN, Switzerland and HAMILTON, Bermuda, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) and Valaris Limited (NYSE:VAL) today announced the signing of a definitive agreement to combine the two companies under which Transocean will acquire Valaris in an all-stock transaction valued at approximately $5.8 billion (all currency in USD). The shareholding percentages of the combined company, on a fully diluted basis1, will be approximately 53% for Transocean and 47% for Valaris. The enterprise value of the pro forma company is a
- Transocean Ltd. Reports Third Quarter 2025 ResultsThree months ended Three months ended September 30, June 30, sequential September 30, year-over-year 2025 2025 change 2024 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$1,028 $988 $40 $948 $80 Revenue efficiency(1) 97.5 % 96.6 % 94.5 % Operating and maintenance expense$584 $599 $15 $563 $(21) Net loss attributable to controlling interest$(1,923) $(938) $(985) $(494) $(1,429) Basic loss per share$(2.00) $(1.06) $(0.94) $(0.56) $(1.44) Diluted loss per share$(2.00) $(1.06) $(0.94) $(0.58) $(1.42) Adjusted EBITDA$397 $344 $53 $342 $55 Adju
- Transocean Ltd. Reports Second Quarter 2025 ResultsThree months ended Three months ended June 30,2025 March 31,2025 sequentialchange June 30,2024 year-over-yearchange(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$988 $906 $82 $861 $127 Revenue efficiency (1) 96.6 % 95.5 % 96.9 % Operating and maintenance expense$599 $618 $19 $534 $(65)Net loss attributable to controlling interest$(938) $(79) $(859) $(123) $(815)Basic loss per share$(1.06) $(0.09) $(0.97) $(0.15) $(0.91)Diluted loss per share$(1.06) $(0.11) $(0.95) $(0.15) $(0.91) Adjusted EBITDA$344 $244 $100 $284 $60 Adjusted EBITDA margin 3
- Transocean Ltd. Reports First Quarter 2025 ResultsThree months ended Three months ended March 31, December 31, sequential March 31, year-over-year 2025 2024 change 2024 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$906 $952 $(46) $763 $143 Revenue efficiency (1) 95.5% 93.5% 92.9% Operating and maintenance expense$618 $579 $(39) $523 $(95)Net income (loss) attributable to controlling interest$(79) $7 $(86) $98 $(177)Basic earnings (loss) per share$(0.09) $0.01 $(0.10) $0.12 $(0.21)Diluted earnings (loss) per share$(0.11) $(0.11) $— $0.11 $(0.22) Adjusted EBITDA$244 $323 $(79) $199 $45 Adjusted EBITDA margin 26.9% 33.9% 26.0% Ad
- Transocean Ltd. Announces Time Change for First Quarter 2025 Earnings CallSTEINHAUSEN, Switzerland, April 17, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that, due to a scheduling conflict, it is changing the time of its first quarter 2025 earnings call. It will now conduct the teleconference starting at 10 a.m. EDT, 4 p.m. CEST, on Tuesday, April 29, 2025. As previously announced, the company's first quarter 2025 earnings will be reported on Monday, April 28, with the teleconference scheduled on Tuesday, April 29. Individuals who wish to participate in the call should dial +1 785-424-1619 approximately 15 minutes prior to the scheduled 10 a.m. EDT start time and refer to conference code 119877. The teleconference will be simulcast in a
- Transocean Ltd. Announces First Quarter 2025 Earnings Release DateSTEINHAUSEN, Switzerland, April 10, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the first quarter 2025 on Monday, April 28, 2025. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, April 29, 2025. Individuals who wish to participate should dial +1 785-424-1619 approximately 15 minutes prior to the scheduled start time and refer to conference code 119877. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EDT, 6 p.m. CEST, on Apri
- Transocean Ltd. Reports Fourth Quarter and Full Year 2024 ResultsThree months ended Three months ended December 31, September 30, sequential December 31, year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$952 $948 $4 $741 $211 Adjusted contract drilling revenues$952 $948 $4 $748 $204 Revenue efficiency (1) 93.5% 94.5% 97.0% Operating and maintenance expense$579 $563 $(16) $569 $(10)Net income (loss) attributable to controlling interest$7 $(494) $501 $(104) $111 Basic earnings (loss) per share$0.01 $(0.56) $0.57 $(0.13) $0.14 Diluted loss per share$(0.11) $(0.58) $0.47 $(0.13) $0.02 Adjusted EBITDA$323 $3
- Transocean Ltd. Announces Fourth Quarter, Full Year 2024 Earnings Release DateSTEINHAUSEN, Switzerland, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the fourth quarter and full year 2024 on Monday, February 17, 2025. The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Tuesday, February 18, 2025. Individuals who wish to participate should dial +1 785-424-1116 approximately 15 minutes prior to the scheduled start time and refer to conference code 540196. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EST, 6 p.m
- Transocean Ltd. Reports Third Quarter 2024 ResultsThree months ended Three months ended September 30, June 30, sequential September 30, year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$948 $861 $87 $713 $235 Adjusted contract drilling revenues$948 $861 $87 $721 $227 Revenue efficiency (1) 94.5 % 96.9 % 95.4 % Operating and maintenance expense$563 $534 $29 $524 $39 Net loss attributable to controlling interest$(494) $(123) $(371) $(220) $(274)Diluted loss per share$(0.58) $(0.15) $(0.43) $(0.28) $(0.30) Adjusted EBITDA$342 $284 $58 $162 $180 Adjusted EBI
- Transocean Ltd. Announces Third Quarter 2024 Earnings Release DateSTEINHAUSEN, Switzerland, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the third quarter 2024 on Wednesday, October 30, 2024. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CET, on Thursday, October 31, 2024. Individuals who wish to participate should dial +1 785-424-1226 approximately 15 minutes prior to the scheduled start time and refer to conference code 827284. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EDT, 5 p.m. CET, on Oct
- Transocean Ltd. Reports Second Quarter 2024 ResultsThree months ended Three months ended June 30, March 31, sequential June 30, year-over-year 2024 2024 change 2023 change(In millions, except per share amounts, percentages and backlog) Contract drilling revenues$861 $763 $98 $729 $132 Adjusted contract drilling revenues$861 $767 $94 $748 $113 Revenue efficiency (1)96.9% 92.9% 4.0% 97.2% (0.3)%Operating and maintenance expense$534 $523 $11 $484 $50 Net income (loss) attributable to controlling interest$(123) $98 $(221) $(165) $42 Diluted earnings (loss) per share$(0.15) $0.11 $(0.26) $(0.22) $0.07 Adjusted EBITDA$284 $199 $85 $237 $47 Adjusted EBITDA margin33.0% 26.0% 7.0%
- Transocean Ltd. Announces Second Quarter 2024 Earnings Release DateSTEINHAUSEN, Switzerland, July 17, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter 2024 on Wednesday, July 31, 2024. The company will conduct a teleconference to discuss the results starting at 11 a.m. EDT, 5 p.m. CEST, on Thursday, August 1, 2024. Individuals who wish to participate should dial +1 785-424-1222 approximately 15 minutes prior to the scheduled start time and refer to conference code 119567. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 2 p.m. EDT, 8 p.m. CEST, on Augus
- Transocean Ltd. Reports First Quarter 2024 ResultsThree months ended March 31, December 31, Sequential 2024 2023 change(In millions, except per share amounts and backlog) Contract drilling revenues$763 $741 $22 Adjusted contract drilling revenues$767 $748 $19 Revenue efficiency(1) 92.9 % 97.0 % (4.1)% Operating and maintenance expense$523 $569 $(46) Net income (loss) attributable to controlling interest$98 $(104) $202 Diluted earnings (loss) per share$0.11 $(0.13) $0.24 Adjusted EBITDA$199 $122 $77 Adjusted EBITDA margin 26.0 % 16.3 % 9.7 % Adjusted net loss$(22) $(74) $52 Adjusted diluted loss per share$(0.03) $(0.09) $0.06 Bac
- Transocean Ltd. Announces First Quarter 2024 Earnings Release DateSTEINHAUSEN, Switzerland, April 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the first quarter 2024 on Monday, April 29, 2024. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, April 30, 2024. Individuals who wish to participate should dial +1 785-424-1222 and refer to conference code 102568 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EDT, 6 p.m. CEST, on April 30
- Transocean Ltd. Reports Fourth Quarter and Full Year 2023 ResultsThree months ended December 31, September 30, Sequential 2023 2023 change(In millions, except per share amounts and backlog) Contract drilling revenues$741 $713 $28 Adjusted contract drilling revenues$748 $721 $27 Revenue efficiency 97.0 % 95.4 % 1.6 %Operating and maintenance expense$569 $524 $45 Net loss attributable to controlling interest$(104) $(220) $116 Diluted loss per share$(0.13) $(0.28) $0.15 Adjusted EBITDA$122 $162 $(40) Adjusted EBITDA margin 16.3 % 22.5 % (6.2)%Adjusted net loss$(74) $(280) $206 Adjusted diluted loss per share$(0.09) $(0.36) $0.27 Backlog as of the February 2024
- Transocean Ltd. Announces Fourth Quarter, Full Year 2023 Earnings Release DateSTEINHAUSEN, Switzerland, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the fourth quarter and full year 2023 on Monday, February 19, 2024. The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Tuesday, February 20, 2024. Individuals who wish to participate should dial +1 785-424-1226 and refer to conference code 932678 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EST, 6 p.m
- Transocean Ltd. Reports Third Quarter 2023 ResultsTotal contract drilling revenues were $713 million, compared to $729 million in the second quarter of 2023 (total adjusted contract drilling revenues of $721 million, compared to $748 million in the second quarter of 2023);Revenue efficiency(1) was 95.4%, compared to 97.2% in the prior quarter;Operating and maintenance expense was $524 million, compared to $484 million in the prior quarter;Net loss attributable to controlling interest was $220 million, $0.28 per diluted share, compared to $165 million, $0.22 per diluted share, in the second quarter of 2023;Adjusted EBITDA was $162 million, compared to $237 million in the prior quarter; andContract backlog was $9.4 billion as of the October 2
- Transocean Ltd. Announces Third Quarter 2023 Earnings Release DateSTEINHAUSEN, Switzerland, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the third quarter 2023 after the close of trading on the NYSE on Monday, October 30, 2023. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CEST, on Tuesday, October 31, 2023. Individuals who wish to participate should dial +1 785-424-1226 and refer to conference code 403372 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available a
- Transocean Ltd. Reports Second Quarter 2023 ResultsTotal contract drilling revenues were $729 million, compared to $649 million in the first quarter of 2023 (total adjusted contract drilling revenues of $748 million, compared to $667 million in the first quarter of 2023);Revenue efficiency(1) was 97.2%, compared to 97.8% in the prior quarter;Operating and maintenance expense was $484 million, compared to $409 million in the prior quarter;Net loss attributable to controlling interest was $165 million, $0.22 per diluted share, compared to $465 million, $0.64 per diluted share, in the first quarter of 2023;Adjusted EBITDA was $237 million, compared to $217 million in the prior quarter;Cash flows from operations was $157 million, versus $(47) mi
- Transocean Ltd. Announces Second Quarter 2023 Earnings Release DateSTEINHAUSEN, Switzerland, July 17, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter 2023 after the close of trading on the NYSE on Monday, July 31, 2023. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 1, 2023. Individuals who wish to participate should dial +1 785-424-1222 and refer to conference code 623461 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after
- Transocean Ltd. Reports First Quarter 2023 ResultsTotal contract drilling revenues were $649 million, compared to $606 million in the fourth quarter of 2022 (total adjusted contract drilling revenues of $667 million, compared to $625 million in the fourth quarter of 2022);Revenue efficiency(1) was 97.8%, compared to 98.0% in the prior quarter;Operating and maintenance expense was $409 million, compared to $423 million in the prior period;Net loss attributable to controlling interest was $465 million, $0.64 per diluted share, compared to $350 million, $0.48 per diluted share, in the fourth quarter of 2022;Adjusted EBITDA was $217 million, compared to $140 million in the prior quarter; andContract backlog was $8.6 billion as of the April 2023
- Transocean Ltd. Announces First Quarter 2023 Earnings Release DateSTEINHAUSEN, Switzerland, April 11, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the first quarter 2023 after the close of trading on the NYSE on Monday, May 1, 2023. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, May 2, 2023. Individuals who wish to participate should dial +1 785-424-1634 and refer to conference code 761543 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p
- Transocean Ltd. Reports Fourth Quarter and Full Year 2022 ResultsTotal contract drilling revenues were $606 million, compared to $691 million in the third quarter of 2022 (total adjusted contract drilling revenues of $625 million, compared to $730 million in the third quarter of 2022);Revenue efficiency(1) was 98.0%, compared to 95.0% in the prior quarter;Operating and maintenance expense was $423 million, compared to $411 million in the prior period;Net loss attributable to controlling interest was $350 million, $0.48 per diluted share, compared to $28 million, $0.04 per diluted share, in the third quarter of 2022;Adjusted EBITDA was $140 million, compared to $268 million in the prior quarter; andContract backlog was $8.5 billion as of the February 2023
- Transocean Ltd. Announces Fourth Quarter, Full Year 2022 Earnings Release DateSTEINHAUSEN, Switzerland, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the fourth quarter and full year 2022, after the close of trading on the NYSE on Tuesday, February 21, 2023. The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Wednesday, February 22, 2023. Individuals who wish to participate should dial +1 785-424-1226 approximately 15 minutes prior to the scheduled start time and reference conference code 401741. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference cal
- Transocean Ltd. Reports Third Quarter 2022 ResultsTotal contract drilling revenues were $691 million, compared to $692 million in the second quarter of 2022 (total adjusted contract drilling revenues of $730 million, compared to $722 million in the second quarter of 2022);Revenue efficiency(1) was 95.0%, compared to 97.8% in the prior quarter;Operating and maintenance expense was $411 million, compared to $433 million in the prior period;Net loss attributable to controlling interest was $28 million, $0.04 per diluted share, compared to $68 million, $0.10 per diluted share, in the second quarter of 2022;Adjusted EBITDA was $268 million, compared to $245 million in the prior quarter; andContract backlog was $7.3 billion as of the October 2022
- Transocean Ltd. Announces Third Quarter 2022 Earnings Release DateSTEINHAUSEN, Switzerland, Oct. 14, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the third quarter of 2022, after the close of trading on the NYSE on Wednesday, November 2, 2022. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CET, on Thursday, November 3, 2022. Individuals who wish to participate should dial +1 785-424-1205 and refer to conference code 260431 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be avai
- Transocean Ltd. Reports Second Quarter 2022 ResultsTotal contract drilling revenues were $692 million, compared to $586 million in the first quarter of 2022 (total adjusted contract drilling revenues of $722 million, compared to $615 million in the first quarter of 2022);Revenue efficiency(1) was 97.8%, compared to 94.9% in the prior quarter;Operating and maintenance expense was $433 million, compared to $412 million in the prior period;Net loss attributable to controlling interest was $68 million, $0.10 per diluted share, compared to $175 million, $0.26 per diluted share, in the first quarter of 2022;Adjusted EBITDA was $245 million, compared to $163 million in the prior quarter;On July 27, 2022, we amended the bank credit agreement for our
- Transocean Ltd. Announces Second Quarter 2022 Earnings Release DateSTEINHAUSEN, Switzerland, July 18, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter of 2022, after the close of trading on the NYSE on Monday, August 1, 2022. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 2, 2022. Individuals who wish to participate should dial +1 313-209-6672 and refer to conference code 5258095 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available
- Transocean Ltd. Reports First Quarter 2022 ResultsTotal contract drilling revenues were $586 million, compared to $621 million in the fourth quarter of 2021 (total adjusted contract drilling revenues of $615 million, compared to $671 million in the fourth quarter of 2021);Revenue efficiency(1) was 94.9%, compared to 94.5% in the prior quarter;Operating and maintenance expense was $412 million, compared to $430 million in the prior period;Net loss attributable to controlling interest was $175 million, $0.26 per diluted share, compared to $260 million, $0.40 per diluted share, in the fourth quarter of 2021;Adjusted EBITDA was $163 million, compared to $250 million in the prior quarter;Contract backlog was $6.1 billion as of the April 2022 Fle
- Transocean Ltd. Announces First Quarter 2022 Earnings Release DateSTEINHAUSEN, Switzerland, April 12, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the first quarter of 2022, after the close of trading on the NYSE on Monday, May 2, 2022. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, May 3, 2022. Individuals who wish to participate should dial +1 313-209-4906 and refer to conference code 8215802 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after
- Transocean Ltd. Reports Fourth Quarter and Full Year 2021 ResultsTotal contract drilling revenues were $621 million, compared to $626 million in the third quarter of 2021 (total adjusted contract drilling revenues of $671 million, compared to $683 million in the third quarter of 2021);Revenue efficiency(1) was 94.5%, compared to 98.1% in the prior quarter;Operating and maintenance expense was $430 million, compared to $398 million in the prior quarter;Net loss attributable to controlling interest was $260 million, $0.40 per diluted share, compared to $130 million, $0.20 per diluted share, in the third quarter of 2021;Adjusted EBITDA was $250 million, compared to $245 million in the prior quarter; andContract backlog was $6.5 billion as of the February 202
- Transocean Ltd. Announces Fourth Quarter and Full Year 2021 Earnings Release DateSTEINHAUSEN, Switzerland, Jan. 27, 2022 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the fourth quarter and full year of 2021, after the close of trading on the NYSE on Tuesday, February 22, 2022. The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Wednesday, February 23, 2022. Individuals who wish to participate should dial +1 313-209-7315 and refer to conference code 7608355 approximately 15 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the con
- Transocean Ltd. Reports Third Quarter 2021 ResultsTotal contract drilling revenues were $626 million, compared to $656 million in the second quarter of 2021 (total adjusted contract drilling revenues of $683 million, compared to $713 million in the second quarter of 2021);Revenue efficiency(1) was 98.1%, compared to 98.0% in the prior quarter;Operating and maintenance expense was $398 million, compared to $434 million in the prior quarter;Net loss attributable to controlling interest was $130 million, $0.20 per diluted share, compared to $103 million, $0.17 per diluted share, in the second quarter of 2021;Adjusted EBITDA was $245 million, compared to $255 million in the prior quarter; andContract backlog was $7.1 billion as of the October 2
- Transocean Ltd. Announces Third Quarter 2021 Earnings Release DateSTEINHAUSEN, Switzerland, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the third quarter of 2021 on Monday, November 1, 2021 after the market close. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 2 p.m. CET, on Tuesday, November 2, 2021. Individuals who wish to participate should dial +1 323-994-2093 approximately 15 minutes prior to the scheduled start time and refer to conference code 2585978. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m.
- Transocean Ltd. Reports Second Quarter 2021 ResultsTotal contract drilling revenues were $656 million (total adjusted contract drilling revenues of $713 million), compared with $653 million in the first quarter of 2021 (total adjusted contract drilling revenues of $709 million);Revenue efficiency(1) was 98.0%, compared with 97.4% in the prior quarter;Operating and maintenance expense was $434 million, compared with $435 million in the prior period;Net loss attributable to controlling interest was $103 million, $0.17 per diluted share, compared with net loss attributable to controlling interest of $99 million, $0.16 per diluted share, in the first quarter of 2021;Adjusted EBITDA was $255 million, compared with adjusted EBITDA of $245 million
- Transocean Ltd. Announces Second Quarter 2021 Earnings Release DateSTEINHAUSEN, Switzerland, July 23, 2021 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter of 2021 after markets close on Monday, August 2, 2021. The company will conduct a teleconference to discuss the results starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 3, 2021. Individuals who wish to participate should dial +1 313-209-6544 and refer to conference code 1865445 approximately 10 minutes prior to the scheduled start time. The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EDT,