Independent Research
RIG Analysis
7 pieces of research on Transocean Ltd.. We find the signal management buried in the earnings call.
Transocean Q2: $873M Free Cash Flow, Still Losing Money
Transocean reported Q2 2026 results on August 5 showing $873 million in trailing free cash flow and a 41.6% gross margin, yet the company posted a $1.68 per-sha…
Read analysis →Transocean Q2 Beat Shadows Valaris Dilution Risk
Transocean posted Q2 2026 revenue of $966 million, beating prior guidance with a 32% adjusted EBITDA margin, $212 million in free cash flow, and 98% fleet uptim…
Read analysis →Transocean Hits 52-Week High, $5B Debt Casts Doubt
Transocean shares reached a 52-week high on August 3, 2026, supported by $4.14 billion in trailing revenue up 19.3% and free cash flow of $1.089 billion, while …
Read analysis →Transocean Earnings Beat Sends RIG to 52-Week High
Transocean's Q1 2026 results converted a consensus-expected per-share loss into a $0.02 profit, driving a 10% stock gain and pushing RIG to a 52-week high along…
Read analysis →Transocean Adds $1B in Backlog, Eyes Valaris Deal
Transocean added roughly $1 billion in new deepwater contract backlog during April 2026 while retiring debt, sending shares up over 5%. A reported $5.8 billion …
Read analysis →Transocean Is Buying 40 More Oil Rigs While 3 of Its Own Sit Empty
Transocean is absorbing Valaris's 40+ rigs through a $5.8 billion all-stock merger while simultaneously guiding for idle time on three of its own drillships and…
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