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0 -8.84955752212292E-05 -0.0176991150442478 -0.0707964601769912 -0.088495575221239 -0.115044247787611 -0.088495575221239 -0.0707964601769912
Stock impact report

Transocean Ltd. Reports First Quarter 2020 Results

Transocean Ltd (Switzerland) (RIG) 
Last transocean ltd (switzerland) earnings: 4/29 04:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.deepwater.com
Company Research Source: GlobeNewswire
Total contract drilling revenues were $759 million (total adjusted contract drilling revenues of $807 million), compared with $792 million in the fourth quarter of 2019 (total adjusted contract drilling revenues of $839 million);Revenue efficiency(1) was 94.4%, compared with 96.2% in the prior quarter;Operating and maintenance expense was $540 million, compared with $575 million in the prior period;Net loss attributable to controlling interest was $392 million, $0.64 per diluted share, compared with net loss attributable to controlling interest of $51 million, $0.08 per diluted share, in the fourth quarter of 2019;Adjusted net loss was $187 million, $0.30 per diluted share, excluding $205 million of net unfavorable items. This compares with adjusted net loss of $263 million, $0.43 per diluted share, in the previous quarter;Adjusted EBITDA was $235 million, compared with adjusted EBITDA of $223 million in the prior quarter; andContract backlog was $9.6 billion as of the April 2020 Flee Show less Read more
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