NYSE$RIG
Transocean LTD · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Transocean reported a net loss for Q4 2020.
Transocean Ltd. reported a net loss attributable to controlling interest of $37 million, or $0.06 per diluted share, for the three months ended December 31, 2020. Adjusted net loss was $209 million, or $0.34 per diluted share.
- Total contract drilling revenues were $690 million (total adjusted contract drilling revenues of $747 million).
- Revenue efficiency was 97.2%.
- Net loss attributable to controlling interest was $37 million, $0.06 per diluted share.
- Adjusted net loss was $209 million, $0.34 per diluted share, excluding $172 million of net favorable items.
Headline financials
Revenue & EPS history
Transocean · Revenue · Quarterly
$690M
Revenue by segment
Transocean · $690M total across 2 segments · Q4 2020
- Ultra-Deepwater Floaters$440M-12.4%63.8%
- Harsh Environment Floaters$250M-10.1%36.2%
Forward guidance
The company anticipates improving longer-term market fundamentals and an increasing list of opportunities will bode well for an improvement in contracting activity later this year and into next.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+1.0%
Avg return
Earnings day
+3.5%
Avg return
5 days after
+5.1%
Avg return
30 days after
44%
32 / 72 earnings
Positive
+36.8%
Q1 2020
Best reaction
-13.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.4% | -6.7% | -8.9% | |
| Q4 2025 | +2.5% | +0.8% | -2.2% | |
| Q3 2025 | +1.8% | +1.8% | +15.1% | |
| Q1 2025 | -4.8% | +2.6% | +12.6% | |
| Q4 2024 | +0.6% | -4.8% | -8.2% | |
| Q3 2024 | +10.7% | +12.5% | +12.2% | |
| Q2 2024 | -3.9% | -11.8% | -16.5% | |
| Q1 2024 | -11.1% | -5.1% | +1.2% | |
| Q4 2023 | -4.5% | -4.5% | +24.7% | |
| Q3 2023 | +1.1% | +4.4% | -4.6% | |
| Q2 2023 | -2.1% | -0.7% | -4.4% | |
| Q1 2023 | -2.9% | +4.4% | -3.1% | |
| Q4 2022 | -13.0% | -3.7% | -15.7% | |
| Q3 2022 | +13.7% | +16.4% | +14.5% | |
| Q2 2022 | +10.7% | +1.8% | +7.1% | |
| Q1 2022 | +6.1% | +9.6% | +9.8% | |
| Q4 2021 | +3.9% | -0.6% | +32.2% | |
| Q3 2021 | +4.5% | +1.4% | -17.3% | |
| Q2 2021 | -3.0% | -4.2% | -3.6% | |
| Q1 2021 | +6.2% | +24.2% | +37.6% | |
| Q4 2020 | -6.0% | -0.6% | -6.0% | |
| Q3 2020 | +29.8% | +49.3% | +211.9% | |
| Q2 2020 | +2.0% | +4.4% | -33.8% | |
| Q1 2020 | +36.8% | +30.9% | +41.5% | |
| Q4 2019 | -2.4% | -8.0% | -75.4% | |
| Q3 2019 | +8.7% | +9.4% | +6.8% | |
| Q2 2019 | +7.0% | -5.5% | -21.3% | |
| Q1 2019 | -10.7% | -11.8% | -23.3% | |
| Q4 2018 | -2.2% | -7.6% | +5.9% | |
| Q3 2018 | -1.4% | -0.7% | -12.6% | |
| Q2 2018 | -0.3% | +0.2% | -5.5% | |
| Q1 2018 | -3.1% | -2.7% | +1.2% | |
| Q4 2017 | -0.9% | +6.7% | +10.3% | |
| Q3 2017 | +1.1% | +7.0% | +3.1% | |
| Q2 2017 | +7.7% | +1.9% | -0.3% | |
| Q1 2017 | -0.8% | +6.9% | -13.3% | |
| Q4 2016 | +6.2% | +5.1% | -9.0% | |
| Q3 2016 | +2.9% | +1.5% | +39.2% | |
| Q2 2016 | +7.8% | +12.5% | -4.2% | |
| Q1 2016 | -3.5% | — | — | |
| Q4 2015 | -3.6% | — | — | |
| Q3 2015 | -8.0% | — | — | |
| Q2 2015 | +13.3% | — | — | |
| Q1 2015 | -3.5% | — | — | |
| Q4 2014 | -1.0% | — | — | |
| Q3 2014 | -1.4% | — | — | |
| Q2 2014 | -0.9% | — | — | |
| Q1 2014 | -3.7% | — | — | |
| Q4 2013 | -2.0% | — | — | |
| Q3 2013 | +8.8% | — | — | |
| Q2 2013 | +0.3% | — | — | |
| Q1 2013 | +0.3% | — | — | |
| Q4 2012 | -0.2% | — | — | |
| Q3 2012 | +7.1% | — | — | |
| Q2 2012 | +0.8% | — | — | |
| Q1 2012 | -4.0% | — | — | |
| Q4 2011 | +6.8% | — | — | |
| Q3 2011 | -10.5% | — | — | |
| Q2 2011 | -8.9% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q3 2010 | +1.0% | — | — | |
| Q2 2010 | +15.0% | — | — | |
| Q1 2009 | -4.2% | — | — | |
| Q1 2010 | +6.7% | — | — | |
| Q4 2009 | -6.2% | — | — | |
| Q4 2007 | -6.2% | — | — | |
| Q3 2008 | -0.1% | — | — | |
| Q3 2009 | -0.1% | — | — | |
| Q2 2008 | -6.4% | — | — | |
| Q2 2009 | -6.4% | — | — | |
| Q4 2008 | -6.4% | — | — |
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