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Stock impact report

Transocean Ltd. Reports Fourth Quarter, Full Year 2017 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
Contract drilling revenues were $589 million, compared with $699 million in the third quarter of 2017;Other revenues were $40 million, compared with $109 million in the previous quarter;Revenue efficiency(1) was 92.4 percent, compared with 97.1 percent in the prior quarter;Operating and maintenance expense was $389 million, compared with $323 million in the previous quarter;Net loss attributable to controlling interest was $111 million, $0.28 per diluted share, compared with net loss attributable to controlling interest of $1.42 billion, $3.62 per diluted share, in the third quarter of 2017;Adjusted net loss was $93 million, $0.24 per diluted share, excluding $18 million of net unfavorable items. This compares with adjusted net income of $64 million, $0.16 per diluted share, in the prior quarter, excluding $1.48 billion of net unfavorable items primarily related to the retirement of six floaters;Cash flows from operating activities were $257 million, down from $384 million in the prio Show less Read more
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