Transocean Ltd. is celebrating its centennial by acquiring Valaris in a $5.8 billion all-stock deal, enhancing its leadership in deepwater offshore drilling and securing nearly 47% ownership for Valaris shareholders in a combined entity valued at $17 billion. Recent financial reports reflect a strong performance, including a one-year total shareholder return of over 100% and quarterly revenues reaching $1 billion, while the company projects $1.02 billion to $1.05 billion in contract drilling revenues for the first quarter of 2026, supported by a $7 billion backlog.
“Transocean Ltd. · has volume · 4,345,214 · 4,345,214”
“Transocean · is marking · its 100th year · a leader in deepwater offshore drilling”
“Transocean · is operating · one of the highest-spec fleets · in the world”
“safety, discipline, and first-hand rig experience · shape · Transocean’s culture and performance”
“Transocean · agreed to acquire · Valaris · in an all-stock transaction valued at roughly $5.8 billion”
“Valaris shareholders · will receive · 15.235 shares of Transocean for each VAL share · resulting in approximately 47% ownership of a combined $17 billion enterprise”
“Transocean · has a one-month return of · about 31% · 31%”
“Transocean · has a three-month return of · about 49% · 49%”
“Transocean · has a one-year total return of · a little above 100% · 100%”
“Transocean · share price is at · US$6.41 · $6.41”
“Transocean · has a one-month share price return of · 30.6% · 30.6%”
“Transocean · has a year-to-date share price return of · 51.2% · 51.2%”
