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Jun 30, 2023
Transocean Q2 2023 Earnings Report
Reported a net loss attributable to controlling interest for the three months ended June 30, 2023.
Key Takeaways
Transocean Ltd. reported total contract drilling revenues of $729 million for Q2 2023, compared to $649 million in the first quarter of 2023. The net loss attributable to controlling interest was $165 million, or $0.22 per diluted share. Adjusted EBITDA was $237 million, compared to $217 million in the prior quarter.
Total contract drilling revenues were $729 million, compared to $649 million in the first quarter of 2023.
Revenue efficiency was 97.2%, compared to 97.8% in the prior quarter.
Operating and maintenance expense was $484 million, compared to $409 million in the prior quarter.
Adjusted EBITDA was $237 million, compared to $217 million in the prior quarter.
Revenue by Segment
Forward Guidance
The outlook for high-specification assets and services remains robust.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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