Transocean Ltd (Switzerland) (RIG) Q1 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day everyone and welcome to the Q1 2025 Transocean Earnings Call. At this time, all participants are in a listen-only mode. Later, there will be a question and answer session. You may queue for a question at any time by pressing the star key followed by the number 1 on your telephone keypad. You may remove yourself from the queue by pressing star 2. Please be advised that today's call is being recorded. Should you require operator assistance, please press star 0. I'd like to turn the floor over to the Director of Investor Relations, Alison Johnson. Please go ahead. Thank you, Jamie. Good morning, and welcome to TransOcean's first quarter of 2025 earnings conference call. A copy of our press release covering financial results, along with supporting statements and schedules, including reconciliations and disclosures regarding non-GAAP financial measures, are posted on our website at deepwater.com. Joining me on this morning's call are Jeremy Thigpen, Chief Executive Officer of Keelan Adamson, President and Chief Operating Officer, Thad Beda, Executive Vice President and Chief Financial Officer, and Roddy McKenzie, Executive Vice President and Chief Commercial Officer. During the course of this call, Transocean Management may make certain forward-looking statements regarding various matters related to our business and company that are not historical facts. Such statements are based upon current expectations and certain assumptions and therefore are subject to certain risks and uncertainties. Many factors could cause actual results to differ materially. Please refer to our SEC filings for our forward-looking statements and for more information regarding certain risks and uncertainties that could impact our future results. Also, please note that the company undertake...