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SDLP - Seadrill Partners LLC Announces Third Quarter 2018 Results

Nov 20, 2018 - Thomson Reuters ONE

- Operating revenue of $206.2 million.

- Operating income of $50.5 million.

- Net loss of $18.9 million.

- Adjusted EBITDA of $129.9 million.

- Cash and cash equivalents of $881.7 million.

- Economic utilization of 92%. Excluding downtime for planned maintenance, utilization was 98%.

- Order backlog of $1.1 billion as of November 20, 2018.

- 10 cent per common unit distribution for the third quarter of 2018.

Financial Results Overview

Total o...