Wednesday, November 5, 2008

Transocean reports in

Transocean(NYSE:RIG)
Q3

Operating revenues 2,699 (MUSD)(+85%)

Costs& Expenses 1,808(MUSD)(+140%)

Operating Income 1,383(MUSD)(+83%)

EPS $3.44(-26%)

Average day rates for the entire fleet increased 1.5%. Total contract backlog at the end of the quarter was $41.4 billion.

Q3 report

The stock is currently down 2.2%.

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