Seadrill

Seadrill reported Q2 2026 earnings of $0.47 per share on revenue of $449 million, both well above consensus estimates, and adjusted EBITDA of $144 million. Operating utilization was 96%, several major projects were completed on schedule and day rates improved, prompting management to issue a second upward revision to its 2026 guidance. Seadrill raised revenue guidance to $1.5–1.55 billion and adjusted EBITDA to $420–450 million, and expects significant free cash flow in H2 2026; the stock rose about 6.4% in premarket trading. » Altro su de.investing.com

Seadrill reported Q1 results better than expected with EPS of -$0.11 (forecast -$0.2758) and revenue of $358 million (expected $326.75 million). EBITDA rose to $97 million and the premarket share price gained 5.53%. The company raised its full-year guidance and now expects operating revenues of $1.43–1.48 billion and EBITDA of $370–420 million. Seadrill anticipates increasing cash flow in the second half of the year, supported by early contract starts and operational discipline. » Altro su de.investing.com

Seadrill has signed two contracts with LLOG Exploration, a subsidiary of Harbour Energy, increasing its order backlog by about $260 million. The ultra-deepwater drillship West Neptune received a 365-day extension from September, and West Vela was awarded a 270-day program starting in August. Management says the contracts strengthen the long-standing relationship with LLOG, improve revenue visibility and help generate free cash flow, while positioning both units for availability in 2027. Analysts expect Seadrill to return to profitability in 2026 despite past losses; the stock rose about 130% over the past year. » Altro su de.investing.com