The earnings call highlighted strong financial performance and successful contract acquisitions, alongside technological advancements and a positive market outlook. However, these were balanced with challenges such as legal expenses, softer utilization, and an idle rig outlook in the U.S. Gulf.

Company Guidance -

Q3 2025

During Seadrill's Second Quarter 2025 earnings call, the company provided guidance highlighting an adjusted EBITDA of $106 million with an adjusted EBITDA margin of 29%, excluding reimbursables. The company successfully converted previous customer dialogues into new contracts with West Vela securing a 90-day contract with Talos Energy and Sevan Louisiana beginning a contract with Murphy Oil. For the full year, Seadrill maintained its adjusted EBITDA guidance range of $320 million to $380 million, with total operating revenues expected to be between $1.32 billion and $1.38 billion. The company also discussed a market recovery expected in late 2026, driven by increased exploration and investment in offshore projects, with Wood Mackenzie forecasting a rise in FIDs from $91 billion in 2025 to $164 billion in 2026. Seadrill is actively pursuing opportunities to fill its order book for 2025 while focusing on securing contracts for 2026 and 2027.

Positive Contracting Updates

Successfully converted two active customer dialogues into new contracts: West Vela secured a two-well contract with Talos Energy and Sevan Louisiana commenced a well intervention contract with Murphy Oil.

Operational Excellence in Angola

Celebrated 15 years of operation for the West Gemini in Angola with TotalEnergies, achieving 97% uptime and a TRIR of 0.13 over the last decade.

Technological Advancements

Established the West Minerva real-time operations center in Houston, enhancing situational awareness and communication across offshore drilling operations.

Strong Financial Performance

Reported adjusted EBITDA of $106 million with a margin of 29.5%, and operating revenues of $377 million, a sequential increase of $42 million.

Positive Market Outlook

Anticipates market recovery in late 2026 with increased exploration commitments from major companies like BP and TotalEnergies.

Seadrill Limited (SDRL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

SDRL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 05, 2025	2025 (Q3)	0.32 / -	0.49	―	―	―
Aug 06, 2025	2025 (Q2)	0.65 / -0.68	3.49	-119.48% (-4.17)
May 12, 2025	2025 (Q1)	0.40 / -0.23	0.81	-128.40% (-1.04)
Feb 26, 2025	2024 (Q4)	-0.29 / 1.54	0.95	62.11% (+0.59)
Nov 12, 2024	2024 (Q3)	0.10 / 0.49	1.1	-55.45% (-0.61)
Aug 05, 2024	2024 (Q2)	0.61 / 3.49	1.16	200.86% (+2.33)
May 14, 2024	2024 (Q1)	0.67 / 0.81	0.83	-2.41% (-0.02)
Feb 28, 2024	2023 (Q4)	0.71 / 0.95	-0.38	350.00% (+1.33)
Nov 27, 2023	2023 (Q3)	0.83 / 1.10	-0.36	405.56% (+1.46)	―
Aug 15, 2023	2023 (Q2)	0.80 / 1.16	-0.32	462.50% (+1.48)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

SDRL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	$29.64	$28.17	-4.96%
May 12, 2025	$23.93	$24.52	+2.47%
Feb 26, 2025	$27.54	$26.01	-5.56%
Nov 12, 2024	$39.17	$39.64	+1.20%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Seadrill Limited (SDRL) report earnings?

Seadrill Limited (SDRL) is schdueled to report earning on Nov 05, 2025, Before Open (Confirmed).

What is Seadrill Limited (SDRL) earnings time?

Seadrill Limited (SDRL) earnings time is at Nov 05, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is SDRL EPS forecast?

SDRL EPS forecast for the fiscal quarter 2025 (Q3) is 0.32.

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