Transocean Secures $111M Contract Extension From Reliance Industries [Yahoo! Finance]
Transocean Ltd (Switzerland) (RIG)
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm
Check Earnings Report
US:NYSE Investor Relations:
investor.deepwater.com
Company Research
Source: Yahoo! Finance
Transocean Ltd. RIG recently announced its $111 million contract extension with India-based Reliance Industries Limited, secured for its deepwater drillship, Dhirubhai Deepwater KG1. The contract lays down a 270-day program that will commence immediately after the existing contract. The immediate continuation of drillship services after the existing contract will minimize the idle time of the rig, enhance operational efficiency, optimize the rig's utilization and strengthen Transocean's foothold in the Asia-Pacific region. An Insight Into RIG's Original Contract The original six-well contract between Transocean and Reliance was announced in September this year. The estimated duration of the original contract was 300 days, with operations expected to begin in the second quarter of 2026 and will contribute approximately $123 million to the company's backlog, excluding additional services. Long-Term Growth and Stability Transocean secures operational stability through 2029 via R
Show less
Read more
Impact Snapshot
Event Time:
RIG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RIG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RIG alerts
High impacting Transocean Ltd (Switzerland) news events
Weekly update
A roundup of the hottest topics
RIG
News
- Transocean Ltd. (NYSE: RIG) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $4.50 price target on the stock.MarketBeat
- Transocean announces $111M ultra-deepwater drillship contract [Seeking Alpha]Seeking Alpha
- Transocean Ltd. Announces $111 Million Ultra-Deepwater Drillship ContractGlobeNewswire
- Transocean Ltd. (NYSE: RIG) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating. They now have a $5.00 price target on the stock.MarketBeat
- Transocean Ltd. (NYSE: RIG) had its "hold" rating re-affirmed by analysts at Benchmark Co..MarketBeat
RIG
Earnings
- 10/30/24 - Miss
RIG
Sec Filings
- 12/17/24 - Form 8-K
- 12/13/24 - Form 4
- 12/12/24 - Form 144
- RIG's page on the SEC website