Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Transocean reported adjusted EBITDA of $199 million on $767 million of adjusted contract drilling revenues for the first quarter, achieving an adjusted EBITDA margin of approximately 26%.</li><li>Despite a slowdown in contract awards compared to last year, demand for high-specification ultra-deepwater drillships and harsh environment semisubmersibles remains robust, with improving day rates and longer contract terms.</li><li>The company announced a 365-day contract extension for the Deepwater Asgard in the U.S. Gulf of Mexico, valued at approximately $195 million, and a contract for additional wells on the Deepwater Atlas at a day rate of $505,000.</li></ul>

Transocean reported adjusted EBITDA of $199 million on $767 million of adjusted contract drilling revenues for the first quarter, achieving an adjusted EBITDA margin of approximately 26%.Despite a slowdown in contract awards compared to last year, demand for high-specification ultra-deepwater drillships and harsh environment semisubmersibles remains robust, with improving day rates and longer contract terms.The company announced a 365-day contract extension for the Deepwater Asgard in the U.S. Gulf of Mexico, valued at approximately $195 million, and a contract for additional wells on the Deepwater Atlas at a day rate of $505,000.

Transocean Ltd.: Demand for High-Specification Ultra-Deepwater Drillships & 3 Critical Factors Impacting Its Performance! - Financial Forecasts