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Stock impact report

Transocean: Deep Value Hidden In Murky Waters [Seeking Alpha]

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: Seeking Alpha
The company boasts a $7.2B backlog, with increasing bidder interest, supporting long-term revenue visibility. While bears focus on $6B in debt, leverage is industry standard and refinancing is a key re-rating catalyst. Structural scarcity, backlog, and eventual refinancing position Transocean for equity upside as cash flows are unlocked. EyeEm Mobile GmbH/iStock via Getty Images Thesis As the name suggests, the debt won't sink Transocean ( NYSE: RIG ); there are many positive catalysts in the works. Debt is a design problem more than a balance sheet death sentence. Leverage is heavily This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any com Show less Read more
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