SDRL - Seadrill Limited Announces First Quarter 2017 Results
(Thomson Reuters ONE) -
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 activity continues to increase, especially in the North Sea, South-
East Asia and Middle-East segments. While competition remains fierce for
available work we are well positioned with our scale, young modern fleet and
highly skilled workforce.
We remain committed to keeping our units working in the short-term and have
successfully re-contracted a number of our available units.
Our priority continues to be to implement our restructuring plan with the right
structure and terms for our stakeholders."
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.
Seadrill 1Q 2017:
http://hugin.info/135817/R/2107304/800265.pdf
Seadrill Fleet Status 1Q 2017:
http://hugin.info/135817/R/2107304/800268.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Seadrill Limited via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 24.05.2017 - 08:03 Uhr
Sprache: Deutsch
News-ID 544279
Anzahl Zeichen: 2035
contact information:
Town:
Hamilton
Kategorie:
Business News
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