RIG
Transocean Ltd.
September 15, 2026 · intraday
- Rarity
- 1.53
- Peak move
- +8.80%
- Float cap
- $5.2B
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. It owns or operates mobile offshore drilling units, including ultra-deepwater drillships and harsh-environment semisubmersibles, and contracts rigs, related equipment, and work crews to customers drilling oil and gas wells worldwide. The company focuses on technically demanding offshore regions, particularly ultra-deepwater and harsh-environment drilling.
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What we found
4 events · 1 from SEC or newswire · 0 timed with the movemajor_contractTransocean's ultra-deepwater drillship Deepwater Conqueror was awarded a two-well contract in Equatorial Guinea with an undisclosed operator, an estimated 170-day campaign starting in 2027 that adds about $80 million to backlog, excluding mobilization/demobilization compensation, and follows its current U.S. Gulf contract.
reg_fd_disclosureTransocean filed an 8-K under Item 7.01 Regulation FD Disclosure attaching the press release for the Deepwater Conqueror's two-well Equatorial Guinea fixture, signed by Debra Kupferman and dated September 15, 2026.
analyst_ratingBank of America raised its Transocean price target to $4.75 from $4.00 while maintaining an Underperform rating on RIG, after refreshing its oilfield services models following the company's Q2 results.
institutional_flowEngineers Gate Manager LP cut its Transocean stake by 32.5% in Q2, selling 360,946 shares and retaining 750,415 shares worth about $3.67 million, per its latest 13F filing.