Deepwater Driller Transocean Loss Higher as Maintenance Costs Grow

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services reported worse than expected second quarter results Monday with a larger than expected loss, lower revenue and higher expenses. Transocean Ltd (NYSE: $RIG) Reported Earnings After Close Monday ($0.34) Missed $(0.33) EPS AND $758 Million Missed $766.5 Million Revenue Forecast Earnings Transocean reported second quarter earnings on Monday with an adjusted loss per share was 34 cents comparing to 33 cents expected by analysts. Revenue fell … Continue reading “Deepwater Driller Transocean Loss Higher as Maintenance Costs Grow”

Deepwater Driller Transocean Reports Smaller Loss on Higher Revenue

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services reported better than expected first quarter results Monday with a smaller than expected loss and more revenue.

Offshore Driller Transocean Reports Larger Loss on Higher Revenue

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services reported better than expected third quarter results Monday delivering a profit, rather than an expected loss.

Diamond Offshore Drilling Losses Continue More Than Expected

Deep Sea Driller Diamond Offshore Drilling reported worse than expected fourth quarter earnings before the market Monday. Revenue continues to be impacted as day rates for deep water drilling rigs fall. The world’s largest offshore drilling company Transocean $RIG report next week.  

Diamond Offshore Losses Continue as Drilling Revenue Plunges

Deep Sea Driller Diamond Offshore Drilling reported third quarter earnings before the market Monday. Revenue continues to be impacted as day rates for deep water drilling rigs fall. The world’s largest offshore drilling company Transocean $RIG reported stronger than expected earnings last week.

Offshore Driller Transocean Reports Smaller Loss With Higher Revenue Efficiency

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services released a smaller than expected loss in second quarter results Monday. Competitor Diamond Offshore Drilling $DO reported reported earlier.

Offshore Driller Transocean Announces Bigger Loss Than Expected

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services released worse than expected first quarter results Wednesday. Competitor Diamond Offshore Drilling $DO reported an adjusted net loss of $0.16 per share earlier in the day.