Transocean Ltd. logo RIG - Transocean Ltd.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 25
HOLD 25
SELL 14
STRONG
SELL
0
| PRICE TARGET: $6.50 DETAILS
HIGH: $7.00
LOW: $6.00
MEDIAN: $6.50
CONSENSUS: $6.50
UPSIDE: 30.26%

Stock News

Nestle: Better RIG, But The Recovery Still Falls Short

Nestle: Better RIG, But The Recovery Still Falls Short

Nestle S.A. (NSRGY) remains a hold as volume recovery, while improving, is not yet robust enough to offset margin and developed market risks. Q2 2026 showed positive RIG across all major categories, but developed markets—especially North America and Europe—still lag in volume growth. H1 2026 margin of 16.4% was supported by a one-off pension benefit, and sustainable margin expansion remains uncertain amid FX, tariff, and marketing headwinds.

Jul 28, 2026 06:29 AM seekingalpha.com
NEVADA KING RECEIVES BLM APPROVAL FOR 482 ADDITIONAL DRILL SITES, ADDS THIRD DRILL RIG TO ACCELERATE FULLY FUNDED 40,000M DRILL PROGRAM

NEVADA KING RECEIVES BLM APPROVAL FOR 482 ADDITIONAL DRILL SITES, ADDS THIRD DRILL RIG TO ACCELERATE FULLY FUNDED 40,000M DRILL PROGRAM

VANCOUVER, BC, July 16, 2026 /PRNewswire/ -- Nevada King Gold Corp. (TSXV: NKG) (OTCQX: NKGFF) ("Nevada King" or the "Company") is pleased to announce that it has received approval from the Bureau of Land Management ("BLM") for the fifth and most extensive modification to its Plan of Operations ("PoO Mod 5") at its 100% owned 130km2 Atlanta Gold Mine Project ("Atlanta") in eastern Nevada. Highlights: PoO Mod 5 Approval: The modification approves 78 additional reverse circulation ("RC") drill sites and 404 rotary air blast ("RAB") drill sites, enabling the Company to aggressively follow up on key mineralized targets and test extensions across the property.

Jul 16, 2026 02:30 AM prnewswire.com
Transocean's $1 Billion Win Justifies A Move Higher

Transocean's $1 Billion Win Justifies A Move Higher

Transocean Ltd. secures a $1B+ contract with Equinor, reinforcing robust backlog growth and operational momentum despite recent share price weakness. Transocean's merger with Valaris Limited, valued at $5.8 billion, is expected to reduce leverage, unlock up to $200 million in annual synergies, and enhance scale and backlog. Industry fundamentals are improving, with rising rig utilization and daily rates driving higher revenue and cash flows for RIG.

Jul 01, 2026 02:21 PM seekingalpha.com
Transocean Ltd. Announces Agreement with Equinor Valued at Over $1 Billion

Transocean Ltd. Announces Agreement with Equinor Valued at Over $1 Billion

STEINHAUSEN, Switzerland, June 30, 2026 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced its entry into an agreement with Equinor, conditional to license approvals, for the use of three of its harsh environment semisubmersible rigs on the Norwegian shelf. In aggregate, this agreement is worth over $1 billion in contract backlog over seven rig years, excluding additional services. The base day rate of $399,000 per day excludes adjustment provisions that will be effective prior to commencement and result in an effective day rate exceeding $400,000 per day at commencement.

Jun 30, 2026 12:22 PM globenewswire.com
Valaris Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Valaris Limited - VAL

Valaris Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Valaris Limited - VAL

NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Valaris Limited (NYSE: VAL) to Transocean Ltd. (NYSE: RIG). Under the terms of the proposed transaction, shareholders of Valaris will receive 15.235 shares of Transocean stock for each share of Valaris that they own. KSF is seeking to determine whether this consideration and the process that le.

Jun 11, 2026 08:09 AM businesswire.com (Hide legal announcements)
Transocean: Backlog, Valaris And 2027 Tightness Can Drive The Next Leg

Transocean: Backlog, Valaris And 2027 Tightness Can Drive The Next Leg

Transocean Ltd. is rated a Buy, with operational momentum, a strong backlog, and the pending Valaris acquisition driving the investment thesis. RIG's $7B backlog, high contract coverage into 2027, and improving utilization underpin forward cash flow visibility and deleveraging. The Valaris deal, if closed, could add $5B in backlog, $200M+ in synergies, and accelerate leverage reduction to 1.5x EBITDA within 24 months.

May 26, 2026 12:49 AM seekingalpha.com

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