Transocean upbeat about offshore recovery, despite quarterly loss [Reuters]
Transocean Ltd (Switzerland) (RIG)
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm
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Source: Reuters
Transocean upbeat about offshore recovery, despite quarterly loss | Reuters 3 Min Read HOUSTON, Feb 21 (Reuters) - Drilling contractor Transocean Ltd on Wednesday expressed optimism about a recovery in offshore drilling activity this year, despite reporting its third quarterly loss in a row. Companies that provide services and equipment for oil and gas exploration and production, among the worst hit by the 2014 oil price downturn, have grown optimistic about the future as oil prices recently have bounced back. In recent quarters, companies that focus on providing services to onshore shale producers have posted the biggest gains, while those exposed to offshore drilling have continued to face headwinds as those higher-cost projects require sustained oil-price gains to turn a profit. U.S. benchmark oil has traded above $60 a barrel for much of the year, up from less than $55 a barrel this time last year. “Today’s outlook is certainly more encouraging than it was a year ago,” said Chief
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News
- Transocean Ltd. Announces Results of Tender Offers [Yahoo! Finance]Yahoo! Finance
- Transocean Ltd. Announces Results of Tender OffersGlobeNewswire
- Transocean Ltd. Provides Quarterly Fleet Status ReportGlobeNewswire
- Transocean Ltd. Announces the Pricing Terms of Pending Tender Offer [Yahoo! Finance]Yahoo! Finance
- Transocean Ltd. Announces the Pricing Terms of Pending Tender OfferGlobeNewswire
RIG
Earnings
- 2/19/24 - Beat
RIG
Sec Filings
- 4/17/24 - Form 8-K
- 4/11/24 - Form 8-K
- 4/1/24 - Form 8-K
- RIG's page on the SEC website