Seadrill Ltd (SDRL) Form 10-Q — May 11, 2026
Seadrill Limited reported total operating revenues of $358 million for the three months ended March 31, 2026, a 7% increase from $335 million in the same period of 2025. This increase was driven by higher contract revenues and improved economic utilization, despite a decrease in reimbursable revenues. The company's net loss for the quarter was $7 million, a 50% improvement from the $14 million net loss reported in the same period of 2025. The improvement in net loss was primarily due to better operating results and reduced disbursements to suppliers, partially offset by the impact of timing of receipts from customers and increased mobilization costs.
Key figures
- Eps Beat
- 0
- Revenue
- 358
- Total Debt
- 614
- Debt Amount
- 625
- Revenue Yoy
- 7
- Total Assets
- 3992
- Cash Position
- 304
- Deal Value Usd
- 0
- Interest Rate
- 2.75
- Maturity Date
- August 2030
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 62449447
- Contract Backlog
- 2481
- Economic Utilization
- 95
- Average Contractual Dayrate
- 343
Price after filing
Close on the filing date to close N calendar days later (from $49.96). Historical, not a forecast.
AI analysis
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