Transocean Ltd. will report Q2 2025 earnings on August 4, followed by a teleconference on August 5.
Quiver AI Summary
Transocean Ltd. announced that it will release its earnings report for the second quarter of 2025 on August 4, followed by a teleconference at 9 a.m. EDT on August 5. Participants can join the teleconference by calling +1 785-424-1116, using the conference code 125397. A listen-only stream will be available on the company’s website, with a replay accessible after the call through a designated number and passcode, as well as on the website for about 30 days. Transocean is a major provider of offshore drilling services, focusing on ultra-deepwater and harsh environment drilling, and operates a fleet of 32 mobile offshore drilling units. More information is available at their website.
Potential Positives
- Transocean will report its second quarter 2025 earnings, providing important financial updates to investors and stakeholders.
- The scheduled teleconference allows for direct communication with analysts and investors, enhancing transparency and shareholder engagement.
- The company emphasizes its position as a leading provider of offshore contract drilling services, highlighting its expertise in ultra-deepwater and harsh environment drilling.
- Transocean operates the highest specification floating offshore drilling fleet in the world, showcasing its competitive advantage in the industry.
Potential Negatives
- Delayed earnings report announcement suggests potential uncertainties or challenges within the company that it may not be ready to address promptly.
FAQ
When will Transocean report its second quarter 2025 earnings?
Transocean will report its second quarter 2025 earnings on Monday, August 4, 2025.
What time is the teleconference for the earnings report?
The teleconference will start at 9 a.m. EDT, 3 p.m. CEST on Tuesday, August 5, 2025.
How can I participate in the earnings teleconference?
To participate, dial +1 785-424-1116 about 15 minutes before the start time and use conference code 125397.
Where can I access the earnings teleconference replay?
The replay can be accessed at +1 402-220-2972 with passcode 125397 or available on Transocean's website.
What does Transocean specialize in?
Transocean specializes in offshore contract drilling services for oil and gas wells, focusing on ultra-deepwater and harsh environment drilling.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RIG Insider Trading Activity
$RIG insiders have traded $RIG stock on the open market 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $RIG stock by insiders over the last 6 months:
- RODERICK JAMES MACKENZIE (EVP, Chief Commercial Officer) has made 0 purchases and 5 sales selling 128,000 shares for an estimated $390,000.
- VANESSA C L CHANG purchased 10,000 shares for an estimated $21,400
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RIG Hedge Fund Activity
We have seen 160 institutional investors add shares of $RIG stock to their portfolio, and 194 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- TWO SIGMA INVESTMENTS, LP added 11,341,685 shares (+487.0%) to their portfolio in Q1 2025, for an estimated $35,953,141
- TWO SIGMA ADVISERS, LP added 8,204,800 shares (+520.1%) to their portfolio in Q1 2025, for an estimated $26,009,216
- GENDELL JEFFREY L removed 7,978,390 shares (-63.8%) from their portfolio in Q1 2025, for an estimated $25,291,496
- GOLDMAN SACHS GROUP INC added 5,969,637 shares (+96.6%) to their portfolio in Q1 2025, for an estimated $18,923,749
- BANK OF AMERICA CORP /DE/ added 5,304,267 shares (+591.1%) to their portfolio in Q1 2025, for an estimated $16,814,526
- KETTLE HILL CAPITAL MANAGEMENT, LLC removed 4,812,608 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $15,255,967
- SIR CAPITAL MANAGEMENT, L.P. removed 3,993,676 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $12,659,952
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$RIG Analyst Ratings
Wall Street analysts have issued reports on $RIG in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Susquehanna issued a "Positive" rating on 04/14/2025
- Barclays issued a "Overweight" rating on 04/07/2025
To track analyst ratings and price targets for $RIG, check out Quiver Quantitative's $RIG forecast page.
$RIG Price Targets
Multiple analysts have issued price targets for $RIG recently. We have seen 4 analysts offer price targets for $RIG in the last 6 months, with a median target of $3.5.
Here are some recent targets:
- Daniel Kutz from Morgan Stanley set a target price of $3.5 on 05/16/2025
- Charles Minervino from Susquehanna set a target price of $4.0 on 04/14/2025
- David Anderson from Barclays set a target price of $3.5 on 04/07/2025
- Scott Gruber from Citigroup set a target price of $3.5 on 03/19/2025
Full Release
STEINHAUSEN, Switzerland, July 14, 2025 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the second quarter 2025 on Monday, August 4, 2025. The company will conduct a teleconference starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, August 5, 2025.
Individuals who wish to participate in the teleconference should dial +1 785-424-1116 approximately 15 minutes prior to the scheduled start time and refer to conference code 125397. A listen-only simulcast of the teleconference can be accessed at: www.deepwater.com , by selecting Investors, News, and Webcasts. A replay of the teleconference will be available after 12 p.m. EDT, 6 p.m. CEST, on August 5, 2025. The replay, which will be archived for approximately 30 days, can be accessed at +1 402-220-2972, passcode 125397. The replay also will be available on the company's website.
About Transocean
Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on ultra-deepwater and harsh environment drilling services and operates the highest specification floating offshore drilling fleet in the world.
Transocean owns or has partial ownership interests in and operates a fleet of 32 mobile offshore drilling units, consisting of 24 ultra-deepwater floaters and eight harsh environment floaters.
For more information about Transocean, please visit: www.deepwater.com .
Analyst Contact:
Alison Johnson
+1 713-232-7214
Media Contact:
Pam Easton
+1 713-232-7647
