Transocean LTD. (RIG)
Transocean Ltd. (RIG) is a global offshore drilling contractor providing drilling services to the oil and gas industry. The company specializes in deepwater, harsh environment, and/completion and production drilling, operating a fleet of technologically advanced drilling rigs around the world. Established in 1953, Transocean is known for its expertise in managing complex and high-specification drilling operations in challenging environments.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 23, 2015 | $0.15 | 2015-08-21 | 2015-08-25 |
| June 17, 2015 | $0.15 | 2015-05-27 | 2015-05-29 |
| March 18, 2015 | $0.75 | 2015-02-18 | 2015-02-20 |
| December 17, 2014 | $0.75 | 2014-11-12 | 2014-11-14 |
| September 17, 2014 | $0.75 | 2014-08-20 | 2014-08-22 |
Dividends Summary
- Transocean LTD. has issued 14 dividend payments over the past 4 years
- The most recent dividend was paid 3650 days ago, on September 23, 2015
- The highest dividend payed out to investors during this period was $0.79 per share
- The average dividend paid during this period was $0.62 per share.
Company News
With geopolitical tensions affecting oil markets, particularly around Russian oil restrictions, investors are advised to consider energy sector stocks that demonstrate earnings potential and resilience.
Transocean reported Q2 2025 earnings with revenue of $988 million, beating analyst expectations. The company saw improved rig utilization and positive free cash flow, despite a significant net loss due to asset impairment charges.
Several mid-cap stocks, primarily in the energy sector, saw significant gains last week due to rising oil prices driven by Middle East conflict. Oklo, Quantum Computing, and Transocean were among the top performers, with Oklo surging after winning a defense energy award and raising funds, and Quantum Computing and Transocean benefiting from the broader energy market momentum.
Transocean Ltd. announced its plans to report earnings for the first quarter of 2025 and its CEO succession plan. The company also reported its fourth quarter and full year 2024 results.
Transocean Ltd. has begun its first drilling assignment with Petrobras S.A. offshore Brazil. Transocean's newbuild ultra-deepwater drillship, Deepwater Aquila, has won a three-year contract with Petrobras starting in June 2024.
