SDLP - Seadrill Partners LLC Announces Third Quarter 2019 Results
Highlights · Operating revenue of $184.8 million · Operating income of $13.0 million · Net loss of $54.2 million · Adjusted EBITDA of $91.9 million · Cash and cash equivalents of $653.6 million · Economic utilization of 95% · Order backlog of $512 million as of November 21, 2019 · 1 cent per common unit distribution for the third quarter of 2019 Financial Results OverviewTotal operating revenues for the third quarter were $184.8 million (2Q19: $178.5 million). The increase was primarily due to a full quarter of operations for the West Aquarius and West