Transocean (RIG) Misses Q3 EPS by 4c
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Transocean Ltd. Reports Third Quarter 2021 Results
November 1, 2021 4:39 PM EDTTotal contract drilling revenues were $626 million, compared to $656 million in the second quarter of 2021 (total adjusted contract drilling revenues of $683 million, compared to $713 million in the second quarter of 2021);Revenue efficiency(1) was 98.1%, compared to 98.0% in the prior quarter;Operating and maintenance expense was $398 million, compared to $434 million in the prior quarter;Net loss attributable to controlling interest was $130 million, $0.20 per diluted share, compared to $103 million, $0.17 per diluted share, in the second quarter of 2021;Adjusted EBITDA was $245 million, compared to... More
