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Bullish Case: Improving industry dynamics and substantial contract backlog offer robust revenue visibility, potentially enhancing RIG's future financial performance.


Bearish Case: Persisting high debt levels and industry volatility, combined with operational risks, could negatively impact RIG's profitability and investor confidence.


Potential Outcomes:

1. Revenue boost from backlog (60%);

2. Debt pressures financials (30%);

3. Industry upswing improves outlook (50%);

4. Volatility impacts from tech advances in subsea communications (20%).


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April 11, 2024


Transocean Forecast

RIG        Transocean
Price Forecast: NEUTRAL    Price Action: RANDOM (?)











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