July 29, 2019 / 10:07 PM / 23 days ago

BRIEF-Transocean Q2 Loss Per Share $0.34

July 29 (Reuters) - Transocean Ltd:

* Q2 LOSS PER SHARE $0.34

* QTRLY TOTAL ADJUSTED CONTRACT DRILLING REVENUES OF $805 MILLION

* CONTRACT BACKLOG WAS $11.4 BILLION AS OF JULY 2019 FLEET STATUS REPORT.

* QTRLY REVENUE EFFICIENCY WAS 97.8%, COMPARED WITH 97.9% IN PRIOR QUARTER

* TRANSOCEAN - Q2 HAD NON-CASH REVENUE REDUCTION OF $47 MILLION FROM CONTRACT INTANGIBLE AMORTIZATION ASSOCIATED WITH SONGA, OCEAN RIG DEALS

* DESPITE SOME CONTINUED UNCERTAINTY AROUND OIL PRICES, OFFSHORE PROJECT ECONOMICS REMAIN COMPELLING Source text for Eikon: [ID: nGNX2np054] Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below