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Investing.com - Transocean reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Transocean announced earnings per share of $-0.060 on revenue of $730M. Analysts polled by Investing.com EPS of $-0.174 on revenue of $667.9M.
Transocean 's are up 18% and is trading at $4.130 , still down 25.36% from its 52 week high of $5.56 set on Tuesday, March 8, 2022.
Transocean follows other major Energy sector earnings this month
Transocean's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar