Transocean (RIG) Misses Q2 EPS by 1c

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Go back to Transocean (RIG) Misses Q2 EPS by 1c

Transocean Ltd. Reports Second Quarter 2021 Results

August 2, 2021 4:45 PM EDT

Total contract drilling revenues were $656 million (total adjusted contract drilling revenues of $713 million), compared with $653 million in the first quarter of 2021 (total adjusted contract drilling revenues of $709 million);Revenue efficiency(1) was 98.0%, compared with 97.4% in the prior quarter;Operating and maintenance expense was $434 million, compared with $435 million in the prior period;Net loss attributable to controlling interest was $103 million, $0.17 per diluted share, compared with net loss attributable to controlling interest of $99 million, $0.16 per diluted share, in the first quarter of 2021;Adjusted... More