Transocean (RIG) Tops Q2 EPS by 3c

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Go back to Transocean (RIG) Tops Q2 EPS by 3c

Transocean Ltd. Reports Second Quarter 2022 Results

August 1, 2022 4:50 PM EDT

Total contract drilling revenues were $692 million, compared to $586 million in the first quarter of 2022 (total adjusted contract drilling revenues of $722 million, compared to $615 million in the first quarter of 2022);Revenue efficiency(1) was 97.8%, compared to 94.9% in the prior quarter;Operating and maintenance expense was $433 million, compared to $412 million in the prior period;Net loss attributable to controlling interest was $68 million, $0.10 per diluted share, compared to $175 million, $0.26 per diluted... More