17 May 2022director interest notice● Neutral
Transocean Ltd. insider Frederico F. Curado received a stock option grant for 54,688 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
17 May 2022director interest notice● Neutral
Transocean Ltd. insider Frederik Wilhelm Mohn received 54,688 shares as an equity award and bought 2,000,000 shares on the open market.
17 May 2022director interest notice● Neutral
Transocean Ltd. insider Margareth Oevrum received a stock option grant for 54,688 shares.
17 May 2022director interest notice● Neutral
Transocean Ltd. insider Vanessa C L Chang received a stock option grant for 54,688 shares.
13 May 2022director interest notice● Neutral
Transocean Ltd. insider Vanessa C L Chang bought 10,000 shares on the open market.
4 May 2022agm notice● Neutral
Transocean urged shareholders to vote for Proposal 4, which would authorize issuing up to 150,848,756 new shares (about 20% of issued capital) through May 12, 2024. It cited its past at-the-market share sales and peers' broader authorizations.
3 May 2022quarterly activities report▼ Bad
Transocean Ltd. reported quarterly revenue of $586.0 million and a net loss of $175.0 million for the period ended 2022-03-31.
3 May 2022quarterly activities report▼ Bad
Transocean Ltd. reported quarterly revenue of $586.0 million and a net loss of $175.0 million for the period ended 2022-03-31.
25 Apr 2022production update● Neutral
Transocean published its routine April 25, 2022 fleet status report. Atlas's Beacon contract start has moved again, to Q4 2022 with the full sequence now running to Q4 2024, Development Driller III shows a Petrobras job in Colombia (Apr-22 to Jun-22) at 331,000, and KG1 shows Reliance at 215,000 from Mar-22 to Feb-23. Estimated average dayrates are $312,000 (ultra-deepwater) and $386,000 (harsh environment) for Q2 2022.
21 Apr 2022agm notice● Neutral
Transocean said its May 12, 2022 annual meeting would be held in person after all, reversing the earlier COVID-19 rule that limited shareholders to proxy voting. Shareholders could still vote by internet, phone or mail.
28 Mar 2022agm notice● Neutral
Transocean filed its proxy statement for the May 12, 2022 annual general meeting. It asked shareholders to vote on items including reelecting 11 directors, appointing Ernst & Young as auditor, and an advisory vote on executive pay.
28 Mar 2022agm notice● Neutral
Transocean Ltd. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
16 Mar 2022capital raising announcement● Neutral
On March 11, 2022 Transocean issued 26,067,616 new shares at par (CHF 2,606,761.60 total) to one of its own wholly-owned subsidiaries, raising issued share capital to 754,243,781 shares. This follows the 46 million shares issued to a subsidiary in April 2021; the filing does not state the purpose. Shares held by a subsidiary are not shown as sold to outside investors in this filing (the filing calls them 'Treasury Shares'), though whether they feed the $400m at-the-market programme or exchangeable bond settlement is an inference, not stated.
9 Mar 2022director interest notice● Neutral
Transocean Ltd. President & COO Keelan Adamson sold 349,418 shares at $5.00.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. CEO Jeremy D Thigpen exercised stock options for 793,160 shares and disposed of 316,505 shares.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. EVP & General Counsel Brady K Long exercised stock options for 219,716 shares and disposed of 87,679 shares.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. President & COO Keelan Adamson exercised stock options for 236,275 shares and disposed of 94,286 shares.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. EVP, CAO & CIO Howard E Davis exercised stock options for 236,194 shares and disposed of 94,254 shares.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. EVP & CFO Mark-anthony Lovell Mey exercised stock options for 296,616 shares and disposed of 118,366 shares.
3 Mar 2022director interest notice● Neutral
Transocean Ltd. SVP and Corporate Controller David A Tonnel exercised stock options for 147,209 shares and disposed of 58,746 shares.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. EVP & CFO Mark-anthony Lovell Mey acquired 494,588 shares and disposed of 41,297 in a set of related equity transactions.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. SVP and Corporate Controller David A Tonnel acquired 264,827 shares and disposed of 20,497 in a set of related equity transactions.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. Executive Vice President & COO Keelan Adamson acquired 474,234 shares and disposed of 27,532 in a set of related equity transactions.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. EVP & General Counsel Brady K Long acquired 392,637 shares and disposed of 30,591 in a set of related equity transactions.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. EVP, CAO & CIO Howard E Davis acquired 393,840 shares and disposed of 59,374 in a set of related equity transactions.
14 Feb 2022production update● Neutral
Transocean published its routine February 14, 2022 fleet status report. Atlas's Beacon contract start has slipped to Q4 2022 (from Q3 2022), Dhirubhai Deepwater KG2 and Development Driller III are now shown as idle since January 2022, and Inspiration shows a Hess contract to Aug-22 followed by EnVen Energy. Estimated average dayrates are $311,000 (ultra-deepwater) and $392,000 (harsh environment) for Q1 2022.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. director Edward R Muller received a stock option grant for 54,264 shares.
14 Feb 2022director interest notice● Neutral
Transocean Ltd. President & CEO Jeremy D Thigpen acquired 1,426,775 shares and disposed of 107,061 in a set of related equity transactions.
10 Feb 2022substantial holder notice● Neutral
The Vanguard Group reported a Transocean Ltd. shareholding of 51,597,016 shares (7.87% of votes) in a periodic institutional filing.
2 Nov 2021quarterly activities report▼ Bad
Transocean Ltd. reported quarterly revenue of $626.0 million and a net loss of $130.0 million for the period ended 2021-09-30.