Transocean (RIG) Misses Q4 EPS by 6c

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. SPY
9. XYZ
10. FISV

Go back to Transocean (RIG) Misses Q4 EPS by 6c

Transocean Ltd. Reports Fourth Quarter and Full Year 2021 Results

February 22, 2022 4:16 PM EST

Total contract drilling revenues were $621 million, compared to $626 million in the third quarter of 2021 (total adjusted contract drilling revenues of $671 million, compared to $683 million in the third quarter of 2021);Revenue efficiency(1) was 94.5%, compared to 98.1% in the prior quarter;Operating and maintenance expense was $430 million, compared to $398 million in the prior quarter;Net loss attributable to controlling interest was $260 million, $0.40 per diluted share, compared to $130 million, $0.20 per diluted share, in the third quarter of 2021;Adjusted EBITDA was $250 million, compared to $245 million in the prior quarter;... More