SDRL - Seadrill Limited Announces First Quarter 2017 Results
Highlights · Revenue of $569 million · Operating income of $83 million · EBITDA of $291 million · 98% economic utilization · Reported net income of $57 million and diluted net income per share of $0.13 · Underlying net income, excluding non-recurring items and non-cash mark to market movements on derivatives, was $22 million and earnings per share was $0.06 · Cash and cash equivalents of $1.5 billion · Seadrill Limited order backlog of approximately $3.4 billion Commenting today, Per Wullf, CEO and President of Seadrill Management Ltd., said: "Tendering