Tuesday, February 17, 2009

Transocean Q4

Operating revenues $3270 mllion (+57%)

Operating income $1084 million(-6%)

Operating margin 33%

EPS $2.50 (-40%)

Balance Sheet

Assets
Current $5.3 billion
Total $35 billion (goodwill $8.2 billion)

Liabilities
Current $2.7 billion
Total $18.6 billion

P/E 4.3, P/B 1.1(2.2 ex-goodwill, since that GW consists of the premium paid for GSF jackups(& other rigs) I would imagine that there are plenty write-downs ahead )
Link:
Transocean Ltd. Reports Fourth Quarter and Full-Year 2008 Results

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