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4-Traders Homepage  >  Equities  >  Nyse  >  Transocean LTD    RIG   CH0048265513

TRANSOCEAN LTD (RIG)
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Transocean Ltd. Announces Second Quarter 2018 Earnings Release Date

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07/12/2018 | 10:16pm CEST

STEINHAUSEN, Switzerland, July 12, 2018 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE:RIG) announced today that it will report earnings for the second quarter of 2018, on Monday, July 30, 2018, following the close of trading on the NYSE.

The company will conduct a teleconference starting at 9 a.m. EDT, 3 p.m. CEST, on Tuesday, July 31, 2018, to discuss the results. Individuals who wish to participate should dial +1 334-323-0522 and refer to conference code 3966625 approximately 10 minutes prior to the scheduled start time.

The teleconference will also be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts.

A replay of the conference call will be available after 12 p.m. EDT, 6 p.m. CEST, on July 31, 2018. The replay, which will be archived for approximately 30 days, can be accessed at +1 719-457-0820, passcode 3966625 and PIN 7706. The replay also will be available on the company's website.

About Transocean

Transocean is a leading international provider of offshore contract drilling services for oil and gas wells. The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates one of the most versatile offshore drilling fleets in the world.

Transocean owns or has partial ownership interests in, and operates a fleet of 43 mobile offshore drilling units consisting of 24 ultra-deepwater floaters, 12 harsh environment floaters, two deepwater floaters and five midwater floaters. In addition, Transocean is constructing two ultra-deepwater drillships; and one harsh environment semisubmersible that the company has a one-third interest. The company also operates one high-specification jackup that was under a drilling contract when the rig was sold, and the company will continue to operate the jackup until completion or novation of the drilling contract.

For more information about Transocean, please visit: www.deepwater.com.

Analyst Contacts:
Bradley Alexander
+1 713-232-7515

Diane Vento
+1 713-232-8015

Media Contact:
Pam Easton
+1 713-232-7647

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© GlobeNewswire 2018
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Financials ($)
Sales 2018 2 911 M
EBIT 2018 250 M
Net income 2018 -413 M
Debt 2018 6 669 M
Yield 2018 -
P/E ratio 2018 -
P/E ratio 2019
EV / Sales 2018 4,43x
EV / Sales 2019 4,25x
Capitalization 6 218 M
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Mean consensus HOLD
Number of Analysts 30
Average target price 12,9 $
Spread / Average Target -4,3%
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Managers
NameTitle
Jeremy D. Thigpen President, CEO & Executive Director
Merrill A. Miller Chairman
Keelan I. Adamson Senior Vice President-Operations
Mey Lovell Mark-Anthony Chief Financial Officer & Executive Vice President
Howard E. Davis Chief Administrative & Information Officer, EVP
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