secwatch.observer — SEC 8-K summary
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Issuer:     Transocean Ltd. (RIG)
CIK:        0001451505
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0001451505-24-000138
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Transocean Q3 net loss $494M on $617M impairment; adjusted net income $64M
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- Revenue $948M (+$87M QoQ, +$235M YoY); adjusted EBITDA $342M (36% margin).
- Backlog $9.3B; 97% of active fleet contracted in 2025.
- Free cash flow $136M; capex $58M mainly for Deepwater Aquila.
- Loss on impairment of assets $617M ($0.64/diluted share).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451505/000145150524000138/0001451505-24-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451505/000145150524000138/rig-20241030x8k.htm
  HTML page:      https://secwatch.observer/filing/0001451505-24-000138

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer