SDLP - Seadrill Partners LLC Announces Third Quarter 2018 Results
- 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