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Transocean Ltd (RIG)

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3.490 +0.210    +6.40%
15:59:59 - Closed. Currency in USD ( Disclaimer )
After Hours
3.500
+0.010
+0.287%
18:43:02 - Real-time Data
Type:  Equity
Market:  United States
ISIN:  CH0048265513 
CUSIP:  H8817H100
  • Volume: 19,532,110
  • Bid/Ask: 3.490 / 3.500
  • Day's Range: 3.290 - 3.510
Transocean 3.490 +0.210 +6.40%

For the three months ended 31 March 2022, Transocean LTD revenues decreased 10% to $586M. Net loss increased 77% to $175M. Revenues reflect Rest of the world segment decrease of 31% to $125M, Norway segment decrease of 4% to $193M. Higher net loss reflects Other, net decrease of 89% to $1M (income), General and administrative increase of 8% to $42M (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -$0.16 to -$0.26.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

RIG Income Statement

Gross margin TTM 32.74%
Operating margin TTM -3.82%
Net Profit margin TTM -26.84%
Return on Investment TTM -3.42%
 Total Revenue  Net Income
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Revenue 586 621 626 656
Gross Profit 174 191 228 222
Operating Income -50 -43 0 -2
Net Income -175 -260 -130 -103

RIG Balance Sheet

Quick Ratio MRQ 1.4
Current Ratio MRQ 1.69
LT Debt to Equity MRQ 57.28%
Total Debt to Equity MRQ 62.99%
 Total Assets  Total Liabilities
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Total Assets 20363 20681 20976 21198
Total Liabilities 9233 9476 9713 9890
Total Equity 11130 11205 11263 11308

RIG Cash Flow Statement

Cash Flow/Share TTM 0.41
Revenue/Share TTM 3.84
Operating Cash Flow  -0.07%
 Cash  Net Change in Cash
Period Ending: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021
Period Length: 3 Months 12 Months 9 Months 6 Months
Cash From Operating Activities -1 575 390 249
Cash From Investing Activities -120 -233 -162 -126
Cash From Financing Activities -65 -490 -312 -193
Net Change in Cash -186 -148 -84 -70
* In Millions of USD (except for per share items)
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RIG Comments

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joe rubens
joe rubens Jun 22, 2022 12:43PM ET
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3.5
Kiss László
Kiss László Jun 16, 2022 2:31PM ET
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Rig $2.76 short
Pongrácz Csaba
Pongrácz Csaba Jun 08, 2022 6:47AM ET
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Boom soon...!
Jeff Bailey
JeffB Jun 03, 2022 5:56PM ET
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RIG $4.21 +1.94% @ Friday Close! OIH $302.76 +2.17%
Jeff Bailey
JeffB May 27, 2022 12:48AM ET
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RIG ... Please cancel my order to buy @ $3.01 (4/22/22) Thank you.
Jeff Bailey
JeffB May 27, 2022 12:42AM ET
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RIG $4.20 +1.45%, OIH $295.57 +3.01% @ Close!
The Music Plug
The Music Plug May 22, 2022 12:54PM ET
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$10 Next Big Stop 🏁 #Hold
Jeff Bailey
JeffB May 18, 2022 5:09PM ET
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RIG $3.97 -3.17% @ Close! OIH $266.87 -3.55%
joe rubens
joe rubens May 09, 2022 2:38PM ET
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3.58
Ryan He
Ryan He May 05, 2022 12:02PM ET
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Great buying opportunity. Even if Nasdaq drops 15% from here, it won't ******the tight oil and rig market.
Krisztina Krisztina
Krisztina Krisztina May 05, 2022 12:02PM ET
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The thing is, nobody is interested in drilling at the moment.
Ryan He
Ryan He May 05, 2022 12:02PM ET
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There are not many available rigs, and "the west" will have to drill like crazy for the next 10 years to try and become indepenent from russian oil and gas. Just imagine how many dry wells they have to drill, before they find one average producing well. The prodblem for RIG is increasing costs and increasing interest rate. And right now, the knives are falling everywhere.
Jeff Bailey
JeffB May 05, 2022 12:02PM ET
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So low odds of success and high cost to drill/explore. Having worked for a multinational, when prices were down that was the time to explore. Offshore exploration looks to be a long way off and with no dividend, there are better opportunites.
 
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