Seadrill

SDRL

Market cap $2.74B

Seadrill Limited (SDRL) Q4 2025 Earnings Call Transcript

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill 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(.

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) today announced Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn. The exercised option adds $114 million to contract backlog and extends the original contract, which commenced in 2022, through October 2027. Seadrill's President and Chief Executive Officer, Simon Johnson, commented, “The continuation of the contract into a sixth consecuti.

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Schedules Fourth Quarter 2025 Earnings Release and Conference Call.

Seadrill (SDRL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Multiple Contract Awards.

SDRL adds new drillship contracts in the Gulf of America and a contract extension in Angola, boosting backlog and extending operations through 2027.

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Contract Awards in the U.S. Gulf and Angola .

Seadrill Limited reported disappointing third quarter results, with profitability impacted by unplanned downtime for rigs offshore Brazil and expenses in conjunction with an unfavorable litigation outcome. In addition, the company continues to face a number of ongoing legal challenges, which could result in substantial cash outflows. While 2027 should benefit from improved fleet utilization and full contributions from higher-margin contracts offshore Brazil, Seadrill's less-than-stellar execution and legal risks remain a cause for concern.

Seadrill Limited ( SDRL ) Q3 2025 Earnings Call November 6, 2025 9:00 AM EST Company Participants Kevin Smith - Vice President of Corporate Finance & Investor Relations Simon Johnson - President & CEO Samir Ali - Executive VP & Chief Commercial Officer Grant Creed - Executive VP & CFO Marcel Wieggers Conference Call Participants Edward Kim - Barclays Bank PLC, Research Division Fredrik Stene - Clarksons Platou Securities AS, Research Division Benjamin Sommers - BTIG, LLC, Research Division Doug Becker - Capital One Securities, Inc., Research Division Joshua Jayne - Daniel Energy Partners, LLC Noel Parks - Tuohy Brothers Investment Research, Inc. Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Seadrill's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I will now hand the call over to Kevin Smith, Vice President of Corporate Finance and Investor Relations.