Transocean announces second quarter 2026 earnings release date
The earnings and fleet status report will be released on August 5, 2026, followed by a teleconference on August 6.
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Offshore drilling contractor
deepwater.comLast updated
In short: Transocean secured US antitrust clearance for its Valaris acquisition, added contract backlog, and posted Q2 2026 results.
The earnings and fleet status report will be released on August 5, 2026, followed by a teleconference on August 6.
The deal covers three harsh environment rigs for use on the Norwegian shelf, adding over $1 billion in backlog.
The contracts cover five wells for Harbour Energy in Norway and two wells for Santos in Australia, adding backlog.
Contract drilling revenues were $1.08 billion, net income $71 million, and adjusted EBITDA $440 million.
Transocean stock jumped by 9% after the company announced a major contract for its Ultra-Deepwater drillship, signaling that its business was seeing substantial traction. RIG...
Offshore drilling comes into focus as RIG holds a green daily close, with XOM and OXY as energy peers in view.
Transocean and Valaris received US antitrust approval as the US Department of Justice notified the companies that the agency closed its investigation into the $5.8...
Transocean Ltd (Switzerland) stocks have been trading up by 7.71 percent amid bullish sentiment on offshore drilling demand. Key Takeaways Transocean secured a two-year, approximately...
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