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Jun 30, 2020
Transocean Q2 2020 Earnings Report
Transocean experienced a net loss but demonstrated strong revenue efficiency and adjusted EBITDA.
Key Takeaways
Transocean Ltd. reported a net loss attributable to controlling interest of $497 million, or $0.81 per diluted share. Total contract drilling revenues were $930 million and revenue efficiency was 97.2%. Adjusted EBITDA was $418 million.
Total contract drilling revenues were $930 million (total adjusted contract drilling revenues of $983 million).
Revenue efficiency was 97.2%.
Net loss attributable to controlling interest was $497 million, $0.81 per diluted share.
Adjusted EBITDA was $418 million.
Transocean
Transocean
Transocean Revenue by Segment
Forward Guidance
Transocean does not provide specific forward guidance in this earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income