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
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.