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Transocean Ltd. Reports Fourth Quarter and Full Year 2021 Results

Total contract drilling revenues were $621 million, compared to $626 million in the third quarter of 2021 ;Revenue efficiency was 94.5%, compared to 98.1% in the prior quarter;Operating. | February 22, 2022 ....

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Transocean Ltd. Reports First Quarter 2021 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Transocean Ltd. Reports First Quarter 2021 Results
Transocean Ltd.May 3, 2021 GMT
Total contract drilling revenues were $653 million (total adjusted contract drilling revenues of $709 million), compared with $690 million in the fourth quarter of 2020 (total adjusted contract drilling revenues of $747 million);
Revenue efficiency(1) was 97.4%, compared with 97.2% in the prior quarter;
Operating and maintenance expense was $435 million, compared with $465 million in the prior period;
Net loss attributable to controlling interest was $99 million, $0.16 per diluted share, compared with net loss attributable to controlling interest of $37 million, $0.06 per diluted share, in the fourth quarter of 2020; ....

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Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results

Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results
Total contract drilling revenues were $690 million (total adjusted contract drilling revenues of $747 million), compared with $773 million in the third quarter of 2020 (total adjusted contract drilling revenues of $830 million);
Revenue efficiency
Operating and maintenance expense was $465 million, compared with $470 million in the prior period;
Net loss attributable to controlling interest was $37 million, $0.06 per diluted share, compared with net income attributable to controlling interest of $359 million, $0.51 per diluted share, in the third quarter of 2020;
Adjusted net loss was $209 million, $0.34 per diluted share, excluding $172 million of net favorable items. This compares with adjusted net loss of $69 million, $0.11 per diluted share, in the previous quarter; ....

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Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results

Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results
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