SDRL earnings
Seadrill Limited (SDRL) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Seadrill Announces First Quarter 2026 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its first quarter 2026 results. Highlights Secured multiple contract awards across the U.S. Gulf, Brazil and Angola, adding over $860 million to Contract Backlog(1) since the February fleet status report. Contract Backlog now stands at $3.1 billion. West Capella and West Jupiter projects completed ahead of schedule and on budget. Reported a net loss of $7 million and Adjusted EBITDA(2) of $97 million. Increased full year 2026 Total operating revenues and Adjusted EBITDA(3) guidance ranges as follows: Total operating revenues range increased to $1.43 - $1.48 billion (previously $1.40 - $1.45 billion), ex
- Seadrill Schedules First Quarter 2026 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its first quarter 2026 results on Monday, May 11, prior to the NYSE opening for trading. The Company will host a conference call to discuss at 08:00 CT / 15:00 CET on the same day. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 2874047) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadri
- Seadrill Announces Fourth Quarter and Full Year 2025 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its fourth quarter and full year 2025 results. Quarterly Highlights Secured contract awards across seven rigs, adding $0.5 billion to Contract Backlog(1). West Capella received an award with PTTEP in Malaysia, adding over 14 months in firm term and enhancing earnings and Free Cash Flow(2) potential for 2026 and 2027. Reported full year 2025 net loss of $77 million and Adjusted EBITDA(3) of $353 million. Provides full year 2026 guidance ranges as follows: Total operating revenues of $1.40 billion to $1.45 billion, excluding $50 million of reimbursable revenues, Adjusted EBITDA(4) of $350 million to $400
- Seadrill Schedules Fourth Quarter 2025 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its fourth quarter 2025 results on Wednesday, February 25, after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, February 26, at 08:00 CT / 15:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 7275294) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and
- Seadrill Announces Third Quarter 2025 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its third quarter 2025 results. Quarterly Highlights Secured contract awards across five rigs, adding over $300 million to Order Backlog(1). West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola, extending the longevity of the Sonadrill joint venture. West Vela was awarded two contracts in the U.S. Gulf, adding over four months in firm term, securing the rig into the second half of 2026. Sevan Louisiana received an award in the U.S. Gulf, scheduled to commence in direct continuation of the current contract in November 2025. Reported a net loss o
- Seadrill Announces Third Quarter 2025 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its third quarter 2025 results on Wednesday, November 5 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, November 6 at 08:00 CT / 15:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advance
- Seadrill Announces Second Quarter 2025 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its second quarter 2025 results. Quarterly Highlights Reported a net loss of $42 million and Adjusted EBITDA(1) of $106 million Announced contract awards for West Vela and Sevan Louisiana in the U.S. Gulf Closed the second quarter with $419 million cash and net leverage(2) of 0.77 Financial Highlights Figures in USD million, unless otherwise indicated Three months ended June 30, 2025 Three months ended March 31, 2025 Total operating revenues 377 335 Contract revenues 288 248 Net loss (42 ) (
- Seadrill Announces Second Quarter 2025 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its second quarter 2025 results on Wednesday, August 6 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, August 7 at 08:00 CT / 15:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced
- Seadrill Announces First Quarter 2025 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its first quarter 2025 results. Quarterly Highlights Reported a net loss of $14 million and Adjusted EBITDA(1) of $73 million West Auriga and West Polaris commenced their respective contracts in December 2024 and February 2025 Maintains the previously issued 2025 guidance ranges Financial Highlights Figures in USD million, unless otherwise indicated Three months ended March 31, 2025 Three months ended December 31, 2024 Total operating revenues 335 289 Contract revenues 248 204 Net (loss)/income (14 ) 101 Adjusted EBITDA(1)
- Seadrill Announces First Quarter 2025 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will host a conference call to discuss its first quarter 2025 results on Monday, May 12 at 08:00 CT / 15:00 CET. The earnings release will be published before the NYSE opens for trading that morning. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, S
- Seadrill Announces Fourth Quarter and Full Year 2024 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its fourth quarter and full year 2024 results. Highlights Delivered net income of $446 million and Adjusted EBITDA(1) of $378 million in 2024 Secured long-term contracts for West Jupiter and West Tellus, adding $1 billion in backlog Exited benign jack-up market through divestment of West Prospero for $45 million in cash proceeds Finished the quarter with a cash balance of $505 million Repurchased $100 million of shares during the fourth quarter, increasing total share repurchases to $792 million, or 22%, of issued share count since initiating repurchase programs in September 2023 Financial Highlig
- Seadrill Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its fourth quarter 2024 results on Wednesday, February 26 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, February 27 at 09:00 CT / 16:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanc
- Seadrill Announces Third Quarter 2024 Results and Increases Full-Year GuidanceSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its third quarter 2024 results and revised 2024 guidance. Quarterly Highlights Delivered operating profit of $47 million and Adjusted EBITDA(1) of $93 million, achieving $350 million of Adjusted EBITDA(1) year-to-date Increased midpoint for full-year 2024 Adjusted EBITDA(1) guidance by 13% from $340 million to $385 million Repurchased 4.0 million shares during the third quarter for $183 million, bringing year-to-date repurchases to $427 million Financial Highlights Figures in USD million, unless otherwise indicated Three months ended September 30, 2024 Three months ended June 30, 2024
- Seadrill Announces Third Quarter 2024 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its third quarter 2024 results on Tuesday, November 12 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Wednesday, November 13 at 08:00 CT / 15:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced
- Seadrill Announces Second Quarter 2024 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reports its second quarter 2024 results. Quarterly Highlights Delivered Operating Profit of $288 million and Adjusted EBITDA(1) of $133 million on $375 million of Total Operating Revenues for an Adjusted EBITDA Margin(1) of 35.5% Completed sale of three jack-up rigs and associated interest in the Gulfdrill joint venture, supporting fleet refinement and capital return program Repurchased total of $566 million of shares, or more than 15% of its issued share count, since initiating repurchase program in September 2023 Financial Highlights Three months ended Figures in USD million, unless
- Seadrill Announces Second Quarter 2024 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its second quarter 2024 results on Monday, August 5 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Tuesday, August 6 at 09:00 CT / 16:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clie
- Seadrill Announces First Quarter 2024 ResultsSeadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reported its first quarter 2024 results. Quarterly highlights Delivered operating profit of $80 million and Adjusted EBITDA(1) of $124 million on $367 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 33.8% Secured highest dayrate in the current cycle with a clean dayrate of $545,000 for a one-well contract Repurchased 9.9 million shares, or 12.4% of issued share count, since initiating its share repurchase program in September 2023 Reaffirmed full-year guidance of $1.47 to $1.52 billion in revenue, $400 to $450 million in Adjusted EBITDA(1), and $400 to $450 million in capital expenditures
- Seadrill Announces First Quarter 2024 Earnings Release and Conference CallSeadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its first quarter 2024 results on Tuesday, May 14 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Wednesday, May 15 at 09:00 CT / 16:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for client
- Seadrill Announces Fourth Quarter and Full Year 2023 ResultsFebruary 28, 2024 -- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reported its fourth quarter and full year 2023 results. Quarterly highlights Delivered full-year operating profit of $329 million and full-year Adjusted EBITDA(1) of $495 million, in line with guidance Reported fourth quarter Adjusted EBITDA(1) of $100 million, consistent with management expectations Secured market-leading contracts in both Brazil and the U.S. Gulf of Mexico, representing some of the highest dayrates achieved so far in this market cycle As of February 27, 2024, completed $342 million of share repurchases, representing 11% of its share capital, as part of its share repu
- Seadrill Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference CallFebruary 5, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its fourth quarter and full year 2023 results on Wednesday, February 28, 2024 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, February 29, 2024 at 09:00 CST / 16:00 CET. Interested participants may join the call by dialing +1 (888) 660-6819 (Passcode: 7310670) at least 15 minutes prior to the scheduled start time. The Company will also webcast the call live on its website, www.seadrill.com/investors, where a replay will be available afterwards. About Seadrill Limited Seadrill is a leading offshore drilling contractor utilizing
- Seadrill Announces Third Quarter 2023 Results and Additional $250 Million Share Repurchase AuthorizationDelivered $151 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 36.5%, and net income of $90 million, or $1.10 per diluted share. Successfully refinanced its secured debt, issuing $575 million of 8.375% senior secured second lien notes and establishing a new $225 million revolving credit facility with an accordion feature of up to an additional $100 million. Initiated $250 million shareholder return program and completed share repurchases totaling $213 million as of November 24, 2023. Increased share repurchase authorization by an additional $250 million, taking aggregate authorization to $500 million. Updated full year
- Seadrill Announces Third Quarter 2023 Earnings Release and Conference CallOctober 24, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report third quarter 2023 results on Monday, November 27 after the NYSE closes for trading. The Company will hold a conference call to discuss its results on Tuesday, November 28 at 9:00 CST / 15:00 GMT / 16:00 CET. Interested participants may join the call by dialing +1 (888) 660-6819 (Passcode: 7310670) at least 15 minutes prior to the scheduled start time. The Company will also webcast the call live on its website, www.seadrill.com/investors, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oi
- Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase AuthorizationDelivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted shareClosed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12After the quarter, successfully issued $575 million of 8.375% senior secured second lien notes due 2030 and executed a new $225 million revolving credit facility with an accordion feature of up to $100 millionOn July 28, completed the sale of three tender-assist units for approximately $85 million, as the Company focuses on deepwaterInitiated shareholder return program with share repurchase authorization of u
- Seadrill Limited (SDRL) Provides Notice of 1Q23 Earnings Release and PresentationHAMILTON, Bermuda, May 11, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces that its 1Q23 earnings will be published on Tuesday, May 23, 2023. Seadrill's executive management team will host a virtual presentation on the same day (Tuesday, May 23, 2023) at 09:00 EST / 14:00 BST / 15:00 CET. Subsequent to the presentation, a Q&A session will be held exclusively for sell-side and industry analysts. To tune into the live virtual presentation, you may do so using the provided conference call and webcast details listed below. Please note that participation in the Q&A session will only be available to analysts dialled into the meeting via conference c
- Seadrill announces Notice of 4Q22 Earnings Release and PresentationHAMILTON, Bermuda, March 30, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) (OSE: SDRL) announces that its 4Q22 earnings will be published on Wednesday April 05, 2023.Seadrill's executive management team will host a virtual presentation on the same day (Wednesday April 05, 2023) at 9:00am EST / 2:00pm BST / 3:00pm CET. Subsequent to the presentation, a Q&A session will be held exclusively for sell-side and industry analysts.To tune into the live virtual presentation, you may do so using the provided conference call and webcast details listed below. Please note that participation in the Q&A session will only be available to analysts dialled into the meeting vi