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Stock impact report

Transocean Stock - The Good News Is Ignored [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's results have improved compared to previous quarters, with increased demand for harsh-environment floaters. Transocean's management is optimistic about improving day rates, longer contracts, and potential reactivation of cold-stacked rigs. In April, the company also did a very successful debt exchange, and the company's credit rating improved. Transocean ( NYSE: RIG ) reported its quarterly earnings on April 29, 2024, and the management held its press conference on April 30. The stock plunged by more than 10% on the day of the earnings announcement. But in my view, the stock market's Show less Read more
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