Simply Wall St.3d agobearish
Transocean Backlog And Uptime Progress Contrast With EPS MissTransocean (NYSE:RIG) reports robust operational performance in its latest quarter, with higher daily revenue, improved rig uptime, and multiple new contract wins across different regions. The company expands margins on the back of this operational progress, even though adjusted EPS comes in below analyst expectations. Management highlights confidence in offshore drilling demand and points to a growing contract backlog that extends through 2027. Transocean is a major offshore drilling...