Seadrill Partners LLC Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2019; Provides Earnings Guidance for the Second Quarter Ending June 30, 2019
May 24, 2019 at 01:38 am IST
Seadrill Partners LLC reported unaudited consolidated earnings results for the first quarter ended March 31, 2019. For the quarter, the company reported total operating revenues of $203.7 million compared to $194.3 million reported in the same period last year. Operating income was $34.9 million against $18.2 million reported last year. Net loss was $51.3 million against $16.3 million reported last year.
For the second quarter ending June 30, 2019, the company expects operating income of $3.3 million.