SDLP - Seadrill Partners LLC Announces Fourth Quarter 2019 Results
Highlights · Operating revenue of $183.0 million. · Operating loss of $2.3 million. · Net loss of $42.9 million · Adjusted EBITDA of $76.8 million. · Cash and cash equivalents of $560.0 million. · Economic utilization of 95%. · Order backlog of $367 million as of February 27, 2020. Subsequent EventsGunnar Winther Eliassen will join the Seadrill Partners Board as an Appointed Director effective February 27, 2020. Gunnar is employed by the Seatankers Group, an affiliate of Hemen Holding Limited. Prior to joining Seatankers, Gunnar was a partner at Pareto