SDRL - Seadrill Limited Announces Second Quarter 2017 Results
Highlights · Revenue of $577 million · Operating loss of $100 million · EBITDA of $264 million · 97% economic utilization · Reported net loss of $158 million and diluted net loss per share of $0.28 · Underlying net loss, excluding non-recurring items and non-cash mark to market movements on derivatives, was $15 million and net loss per share was $0.00 · Cash and cash equivalents of $1.3 billion · Seadrill Limited order backlog of approximately $3.1 billion Commenting today, Anton Dibowitz, CEO and President of Seadrill Management Ltd.,