February 20, 2018 / 9:27 PM / 3 months ago

BRIEF-Transocean Ltd Reports Q4 Adjusted FFO Per Share $0.14

Feb 20 (Reuters) - Transocean Ltd:

* Q4 LOSS PER SHARE $0.28

* Q4 EARNINGS PER SHARE VIEW $-0.28 — THOMSON REUTERS I/B/E/S

* CONTRACT BACKLOG WAS $12.8 BILLION AS OF FEBRUARY 2018 FLEET STATUS REPORT

* TRANSOCEAN - ‍IN Q4 INCOME TAX EXPENSE INCLUDED $66 MILLION CHARGE WITH RE-MEASUREMENT OF DEFERRED TAX ASSETS & LIABILITIES RELATED TO TAX REFORM

* QTRLY RIG UTILIZATION OF 53% VERSUS 46% REPORTED LAST YEAR

* QTRLY TOTAL REVENUES $629 MILLION VERSUS $974 MILLION

* Q4 REVENUE VIEW $622.5 MILLION — THOMSON REUTERS I/B/E/S Source text for Eikon: Further company coverage:

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