Replies to post #4082 on Transocean Ltd. (RIG)

[Mother Lode]

a lot of short interest (129.5 million. Approximately 18%)

[eastunder]

Things that make you think ...WTH is happening? LOL

RIG 5.27 down .545 (-9.36%) on below ave volume 8:36 am MT on Earnings...

Transocean Swings to Q1 Earnings, Revenue Increases
05:12 AM EDT, 04/30/2024 (MT Newswires) -- Transocean (RIG) reported Q1 earnings of $0.11 per share, swinging from a loss of $0.64 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.17.

Contract drilling revenue for the quarter ended March 31 was $763 million, up from $649 million a year earlier.

Analysts surveyed by Capital IQ expected $779.9 million.