文章核心观点 - 尽管面临一些风险和投资者的担忧,以及公司盈利能力不佳和可能出现经济衰退,但Transocean目前的股价接近52周低点,可能是一个不错的买入时机 [17][18] - 公司最近获得了多个新的合同,显示了海上钻探行业并未陷入困境 [5][6] - 公司高管近期大量购买公司股票,表明他们对公司前景持乐观态度 [8][9][10] 公司概况 - Transocean是一家拥有10年投资银行从业经验的资深研究分析师,专门负责行业和公司研究 [1] - 公司擅长解读各种新闻、事件、财报等,发现潜在的投资机会和风险 [1] 公司业务表现 - 公司最近宣布了一笔6.45亿美元的非现金减值损失,导致股价下跌,但同时也获得了新的合同订单,但市场却忽视了这一积极消息 [3][4][5][6] - 公司毛利率和EBITDA利润率表现良好,优于同行 [11][12] - 但公司债务水平较高,是公司面临的主要风险因素 [13][14] 行业环境 - 近期油价大幅下跌,主要原因是中国需求下降,但长期来看,海上钻探行业仍有较好前景 [7] - 公司获得的新合同显示,行业并未陷入困境 [5][6] 股价表现 - 公司股价在过去一年内大幅下跌,跌幅超过同行,主要是由于债务负担较重 [15] - 但公司估值指标中,部分指标优于同行,且作为行业龙头,应该享有溢价 [16]

Transocean Ltd. (RIG) has secured a new assignment with the British oil major, BP plc (BP) , in the U.S. Gulf of Mexico. The company’s Deepwater Atlas ultra-deepwater drillship has been contracted for the assignment. The contract, valued at $232 million, has a duration of 365 days, with a 365-day option. Work related to the assignment is expected to begin in the second quarter of 2028. The Deepwater Atlas drillship is one of the two eighth-generation drillships to join Transocean’s fleet in 2022.  Notably, ...

STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is expected to commence in the second quarter of 2028 and contribute approximately $232 million in backlog, excluding a mobilization fee. There are no additional services provided under the contract. About Transocean Transocean is a leading internation ...

The sliding price of oil was a huge headwind for energy stocks.The biggest news of the week in energy was that Brent crude oil prices fell by 7% to $71.32 per barrel, which sent most energy stocks into a tailspin. The price drop was largely driven by the release of relatively weak U.S. economic data. The ISM manufacturing reading was just 47.2%, indicating a contraction in manufacturing orders. On Friday, we learned just 142,000 jobs were added in the U.S. in August, well below the 161,000 expected, and rev ...

NEW YORK, Sept. 6, 2024 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Transocean Ltd. ("Transocean" or "the Company") (NYSE: RIG). Investors who purchased Transocean securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/RIG.Investigation DetailsOn September 3, 2024, Transocean announced that it had it agreed to sell the Development Driller III dr ...

Transocean Ltd. (RIG) , the world’s largest offshore drilling contractor and a leading provider of drilling management services, headquartered in Switzerland, has secured a significant contract from Reliance Industries Limited, a multinational conglomerate in India, headquartered in Mumbai. Reliance has granted RIG a binding Letter of Award for the Dhirubhai Deepwater KG1 project offshore India. RIG’s Contract Overview and TimelineUnder the terms of the contract, RIG will provide a drilling rig to support t ...

Transocean Ltd. (RIG) , a leading offshore drilling contractor, has announced its decision to sell Development Driller III and the Discoverer Inspiration along with associated assets. Valued at $195 million and $147 million, respectively, these transactions are part of RIG's ongoing strategy to streamline its portfolio and dispose of non-strategic assets, totaling $342 million. This move is expected to have substantial financial implications and highlights the company's commitment to improving its financial ...

STEINHAUSEN, Switzerland, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced that Reliance Industries Limited awarded a binding Letter of Award for the Dhirubhai Deepwater KG1 for six wells offshore India. The estimated 300-day program is expected to commence in the second quarter of 2026 and is estimated to contribute approximately $123 million in backlog, excluding additional services and a mobilization fee. The award also includes multiple options. If all option ...

Transocean Ltd. (RIG) reported second-quarter 2024 adjusted net loss of 15 cents per share, wider than the Zacks Consensus Estimate of a loss of 8 cents. However, the bottom line remained flat year over year.Switzerland-based offshore drilling powerhouse’s total adjusted revenues of $861 million missed the Zacks Consensus Estimate of $866 million. This was due to lower-than-expected revenues from Ultra-deepwater floaters. The metric totaled $606 million, which missed the consensus mark of $617 million. Howe ...

Jeremy Poland On Wednesday, July 31, 2024, offshore drilling rig owner Transocean Ltd. (NYSE:RIG) announced its second-quarter 2024 earnings results. At first glance, these results were very disappointing, as the company missed the expectations of its analysts on both a top-line revenue and a bottom-line earnings basis: Seeking Alpha The company's revenues did come in stronger than last year, though, which makes this look a bit better. The company's adjusted EBITDA was likewise stronger than what was seen i ...