Transocean's (RIG) revenues from Ultra-deepwater and Harsh Environment floaters totaled $440 million and $250 million, respectively, in fourth-quarter 2020, with revenue efficiency of 97.2%.
At this time, I would like to turn the conference over to Lexington May, manager of investor relations. Joining me on this morning's call are Jeremy Thigpen, president and chief executive officer; Mark Mey, executive vice president and chief financial officer; and Roddie Mackenzie, senior vice president of marketing, innovation, and industry relations.
Shares of offshore energy services company Transocean (NYSE: RIG) fell 10% in the first half hour of trading on Feb. 23. The big news, however, came after the close on Feb. 22, when Transocean reported earnings. The headline number for Wall Street was Transocean's adjusted loss of $0.34 per share in the fourth quarter of 2020.