{"schema_version":"secwatch.filing_event.v1","accession":"0001451505-23-000124","form_type":"8-K","ticker":"RIG","cik":"0001451505","company_name":"Transocean Ltd.","filed_at":"2023-10-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.113665+00:00","generated_at":"2026-06-09T04:30:59.245093+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Transocean posts Q3 net loss of $220M, revenue down 2% sequentially; backlog reaches $9.4B","bullets":["Net loss attributable to controlling interest of $220M ($0.28/diluted share), vs. $165M ($0.22) in Q2 2023.","Adjusted net loss was $280M ($0.36/diluted share) after net favorable items of $60M.","Contract drilling revenues $713M, down from $729M sequentially; adjusted EBITDA $162M vs. $237M.","Backlog grew to $9.4B as of October 2023, marking sixth consecutive quarterly increase.","CEO cites early-stage multi-year upcycle; secured three-year contract for Deepwater Aquila in Brazil."],"urls":{"canonical":"https://secwatch.observer/filing/0001451505-23-000124","json":"https://secwatch.observer/filing/0001451505-23-000124.json","markdown":"https://secwatch.observer/filing/0001451505-23-000124.md","text":"https://secwatch.observer/filing/0001451505-23-000124.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000124/0001451505-23-000124-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000124/rig-20231030x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T04:30:59.245093+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27790fcaa07c2a23915deafb6ef4ee20e90a6652","claim":"Transocean Ltd. reported third quarter 2023 results: revenue $713 million, net income Net loss attributable to controlling interest was $220 million, $0.28 per diluted share, EPS $0.28 per diluted share.","evidence_excerpt":"to this report, is incorporated by reference herein. --- EX-99.1 (EX-99.1) --- ​ TRANSOCEAN LTD. REPORTS THIRD QUARTER 2023 RESULTS ​ ● Total contract drilling revenues were $713 million, compared to $729 million in the second quarter of 2023 (total adjusted contract drilling revenues of $721 million, compared to $748 million in the second quarter of 2023); ●","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1451505/000145150523000124/0001451505-23-000124-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"$713 million"},{"label":"Net income","value":"Net loss attributable to controlling interest was $220 million, $0.28 per diluted share"},{"label":"EPS","value":"$0.28 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}