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Stock impact report

Citi Maintains a Hold on Transocean Ltd. (RIG) [Yahoo! Finance]

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: Yahoo! Finance
maintained a Hold on Transocean Ltd. (NYSE:RIG) and assigned a price target of $3.50. Transocean Ltd. (RIG) Up 9.5% Ahead of Q2 Earnings Transocean Ltd. (NYSE:RIG) reported in its fiscal Q2 2025 results net unfavorable items of $957 million. The adjusted net income for the quarter came up to $19 million after consideration of these net unfavorable items. Management also reported that contract drilling revenues for the three months ended June 30 rose sequentially by $82 million to $988 million, attributing the increase to improved revenue efficiency, improved rig utilization, an additional day in the quarter, and higher reimbursement revenues. Transocean Ltd. (NYSE:RIG) provides offshore contract drilling services for oil and gas wells. The company also owns and operates offshore drilling fleets such as ultra-deepwater, deepwater, harsh environment, and midwater rigs. While we acknowledge the potential of RIG as an investment, we believe certain AI stocks offer greater upside Show less Read more
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