tiprankstipranks
Company Announcements

Transocean Releases 2024 Financial Statements

Story Highlights
Transocean Releases 2024 Financial Statements

Discover the Best Stocks and Maximize Your Portfolio:

The latest update is out from Transocean ( (RIG) ).

On February 18, 2025, Transocean Ltd. presented its audited consolidated financial statements for the years ending December 31, 2024, and December 31, 2023, confirming alignment with U.S. GAAP and Swiss law. The audit revealed the complexity of the company’s multinational tax provisions, highlighting the need for meticulous evaluation due to varied jurisdictional tax laws, impacting the completeness of deferred tax provisions.

More about Transocean

Transocean Ltd. operates in the offshore drilling industry, providing services essential to the exploration and production of oil and gas. The company is known for its advanced technology and expertise in managing complex drilling operations across multiple jurisdictions.

YTD Price Performance: -10.63%

Average Trading Volume: 23,523,314

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.09B

See more data about RIG stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1