Why Transocean Stock Is Sinking Tuesday
Why Transocean Stock Is Sinking Tuesday
Transocean Ltd (NYSE:RIG) shares are trading lower Tuesday in the wake of the company's first-quarter financial results. Here's a rundown of the report.
越洋有限公司（紐約證券交易所代碼：RIG）公佈第一季度財務業績後，週二股價走低。以下是報告的摘要。
What To Know: Transocean reported first-quarter revenue of $763 million, which missed the consensus estimate of $787.043 million, according to Benzinga Pro. The company reported an adjusted earnings loss of 3 cents per share, which beat estimates for a loss of 14 cents per share.
須知：根據Benzinga Pro的數據，越洋公佈的第一季度收入爲7.63億美元，未達到市場普遍預期的7.87043億美元。該公司報告調整後的每股收益虧損3美分，超過預期的每股虧損14美分。
"Over the first months of 2024, Transocean has achieved some fairly significant milestones. First, we secured a 365-day extension on Deepwater Asgard at a rate of $505,000 per day, once again demonstrating the sustained tightness in the high-specification floater market as well as Transocean's ability to command industry-leading dayrates," said Jeremy Thigpen, CEO of Transocean.
“在2024年的前幾個月，越洋已經實現了一些相當重要的里程碑。首先，我們確保了365天的延期 深水阿斯加德 Transocean首席執行官傑里米·蒂格彭說，價格爲每天50.5萬美元，這再次表明了高規格浮動市場的持續緊張局面，也表明了越洋擁有行業領先的日間費率的能力。
"Additionally, earlier this month we finalized a $1.8 billion debt refinancing transaction, enabling us to improve near-term liquidity and start the process of simplifying our balance sheet."
“此外，本月早些時候，我們完成了18億美元的債務再融資交易，這使我們能夠改善短期流動性並開始簡化資產負債表的進程。”
Operating and maintenance expenses totaled $523 million, compared with $569 million in the prior quarter. Transocean said the sequential decrease was primarily due to cost savings on rigs that were idle in the first quarter, reduced contract preparation expenses and lower in-service maintenance costs.
運營和維護費用總額爲5.23億美元，而上一季度爲5.69億美元。Transocean表示，連續下降的主要原因是第一季度閒置的鑽機節省了成本，減少了合同準備費用，降低了在役維護成本。
"Looking ahead, we remain encouraged by the demand outlook and expect to see numerous long-term contracts awarded over the next several months," Thigpen added.
蒂格彭補充說：“展望未來，需求前景仍然令我們感到鼓舞，預計未來幾個月將簽訂大量長期合同。”
Following the print, Benchmark analyst Kurt Hallead reiterated Transocean with a Buy rating and maintained a price target of $8.
公佈後，基準分析師庫爾特·哈利德重申了越洋的買入評級，並將目標股價維持在8美元。
RIG Price Action: Transocean shares were down 11.4% at $5.16 at the time of publication, according to Benzinga Pro.
鑽機價格走勢：根據Benzinga Pro的數據，在發佈時，越洋股價下跌11.4％，至5.16美元。
Photo: nattapon supanawan/Shutterstock.
照片：nattapon Supanawan/Shutterstock。
譯文內容由第三人軟體翻譯。