Seadrill (SDRL) Is Up 8.5% After Raising 2026 Revenue Guidance And Narrowing Q1 Losses – Has The Bull Case Changed?
Seadrill (SDRL) saw its stock rise 8.5% after reporting first-quarter results with narrowed losses and increased 2026 revenue guidance to US$1.43 billion to US$1.48 billion. This updated guidance, driven by new contracts like the West Polaris extension, suggests operational momentum though risks like utilization and pricing pressure remain. While analysts are taking note, the company's projected 2029 revenue of US$1.7 billion and earnings of US$194.6 million still indicate a fair value of US$51.71, a 5% downside from its current price.
Seadrill (SDRL) director Jean Cahuzac converts 4,860 RSUs into common shares
Seadrill Ltd director Jean Cahuzac converted 4,860 restricted stock units (RSUs) into common shares on May 14, 2026, increasing his direct holdings to 7,269 common shares. The RSUs, granted on May 14, 2025, vested on their first anniversary and were converted at $0.00 per share as part of a compensation-related transaction, not an open-market purchase. Cahuzac had previously elected to defer the receipt of these shares.
Seadrill (SDRL) director Mark McCollum acquires 4,860 shares from RSU conversion
Seadrill Ltd. director Mark A. McCollum increased his direct ownership by 4,860 common shares through the vesting and conversion of restricted stock units (RSUs) on May 14, 2026. These RSUs were granted on May 14, 2025, and vested on their first anniversary, converting on a one-for-one basis at an exercise price of $0.00 per share. Following this transaction, McCollum now directly holds 7,269 common shares in Seadrill.
Seadrill (SDRL) director gains 4,860 shares as 2025 RSUs vest and convert
Seadrill Ltd director, Jonathan Swinney, acquired 4,860 common shares from the vesting of restricted stock units (RSUs) granted in 2025. This transaction, occurring on May 14, 2026, increased his direct holdings to 7,269 common shares. The RSU conversion was part of his compensation and not an open-market purchase or sale.
Seadrill stock hits 52-week high at 52.91 USD
Seadrill Ltd's stock reached a new 52-week high of $52.91, marking a 120.96% increase over the past year and reflecting strong investor confidence and a positive market outlook. The company's market capitalization is $3.3 billion, with year-to-date returns of 52%. This surge is supported by industry recovery, strategic business advancements, and a recent Q1 2026 earnings report that surpassed analyst expectations with an EPS of -$0.11 and revenues of $358 million.
Canyon Capital (SDRL) files for 1.26M Seadrill shares (2.02%)
Canyon Capital Advisors LLC, along with Joshua S. Friedman and Mitchell R. Julis, filed an Amendment No. 3 to Schedule 13G/A, disclosing beneficial ownership of 1,261,779 shares of Seadrill Ltd Common Stock (SDRL), representing 2.02% of the class. This filing indicates a passive investment and details the joint voting and dispositive power over these shares, managed through various Cayman and Delaware funds advised by Canyon Capital. The agreement for this joint filing was signed on May 15, 2026.
Seadrill stock hits 52-week high at 52.91 USD By Investing.com
Seadrill Ltd's stock has reached a new 52-week high of $52.91, indicating a significant upward trend for the offshore drilling contractor with a remarkable 120.96% increase over the past year. The company's market capitalization is now $3.3 billion, and it reported strong first-quarter 2026 earnings, surpassing analyst expectations for both EPS and revenue. This performance reflects strong operational efficiency and a positive market outlook, with analysts forecasting profitability for the current year.
Director at Seadrill (NYSE: SDRL) exercises 4,860 RSUs, now at 7,269 shares
Seadrill Ltd director Jan Kjaervik exercised 4,860 restricted stock units (RSUs), increasing his direct holdings to 7,269 Common Shares. These RSUs were granted on May 14, 2025, vested after one year, and convert to Common Shares on a one-for-one basis. Kjaervik elected to defer the receipt of these shares until either his separation from service or a change in control of Seadrill.
Seadrill (SDRL) director converts 6,075 RSUs into common shares
Seadrill Ltd. director Julie J. Robertson converted 6,075 restricted stock units (RSUs) into common shares on May 14, 2026, as part of her equity compensation. The RSUs converted on a one-for-one basis, and following this transaction, she directly holds 9,086 common shares of Seadrill. This was a compensation-related equity conversion rather than an open-market transaction.
Director at Seadrill (NYSE: SDRL) converts 4,860 RSUs to stock
Seadrill director Andrew Eliot Schultz converted 4,860 restricted stock units (RSUs) into common shares on May 14, 2026, consistent with the vesting of an equity award granted on May 14, 2025. Following this transaction, Schultz directly holds 7,269 common shares. He elected to defer the receipt of these common shares until either a separation from service or a change in control of the company.
Seadrill (SDRL) director Harry Quarls converts 4,860 RSUs into common shares
Seadrill Ltd. director Harry Quarls converted 4,860 restricted stock units (RSUs) into common shares. These RSUs were granted on May 14, 2025, vested on their first anniversary, and converted on a one-for-one basis. Quarls now directly holds 16,269 common shares, though he opted to defer receipt of the shares until his separation from the company or a change in control, classifying this as a compensation-related, non-market transaction.
Director at Seadrill (NYSE: SDRL) receives 4,860 shares from RSU vesting
Seadrill Ltd director Paul Norman Smith received 4,860 common shares from the vesting of restricted stock units (RSUs), increasing his direct holdings to 7,269 common shares. The RSUs were granted on May 14, 2025, vested on their first anniversary, and converted on a one-for-one basis at a stated price of $0.00 per share. This transaction, categorized as an equity compensation, was detailed in a Form 4 SEC filing.
Seadrill Limited 2026 Q1 - Results - Earnings Call Presentation (NYSE:SDRL) 2026-05-15
Seadrill Limited (NYSE: SDRL) published its Q1 2026 earnings call presentation on May 15, 2026. The company reported an EPS of -$0.08, surpassing expectations by $0.19, and revenue of $358.00M, which was up 6.87% year-over-year and beat estimates by $32.47M. This presentation accompanies the earnings call that took place on May 15, 2026, at 7:35 PM ET.
Seadrill Limited Common Shares (NY: SDRL)
This article provides recent news headlines and stock performance for Seadrill Limited (NYSE: SDRL). It highlights the latest stock price, a collection of news articles related to Seadrill and the broader energy and drilling sectors, covering topics like earnings reports, analyst ratings, and industry contracts. The compilation of articles dates from late 2022 through mid-2023, offering a historical perspective on company and sector news.
Seadrill Limited (NYSE:SDRL) Released Earnings Last Week And Analysts Lifted Their Price Target To US$56.43
Seadrill Limited (NYSE:SDRL) recently released its quarterly results, exceeding revenue and loss per share expectations. Analysts have adjusted their forecasts, upping revenue numbers for 2026 to US$1.47 billion but lowering earnings per share expectations to US$0.36. Despite the mixed opinions on earnings, analysts increased Seadrill's price target by 9.1% to US$56.43, suggesting higher revenue is expected to offset the anticipated decline in earnings.
Petrobras extends offshore drilling deals with Valaris and Seadrill
This article reports that Petrobras has extended its offshore drilling contracts with Valaris and Seadrill. The extensions are for their drillships, the Valaris DS-4 and the West Tellus, confirming continued operations for these vessels in Brazil. Specific financial details or durations of the extensions are not provided in this snippet.
Seadrill Limited (NYSE:SDRL) Released Earnings Last Week And Analysts Lifted Their Price Target To US$56.43
Seadrill Limited (NYSE:SDRL) recently released its quarterly results, exceeding revenue and loss per share estimates. Analysts have increased Seadrill's price target to US$56.43, suggesting that higher expected revenue will offset a forecast decline in earnings per share. While revenue forecasts were upped, earnings per share expectations were lowered, indicating mixed sentiment among analysts.
Adage reports 3.94% stake in Seadrill (NYSE: SDRL) via 2.46M shares
Adage Capital Management, L.P., along with Robert Atchinson and Phillip Gross, has disclosed a shared beneficial ownership of 2,463,436 common shares in Seadrill (NYSE: SDRL). This represents a 3.94% stake in Seadrill, calculated based on 62,449,447 outstanding common shares as of February 20, 2026. The Schedule 13G/A filing indicates shared voting and dispositive power over these shares, held through Adage Capital Partners, L.P., and clarifies the reporting persons' organizational roles and addresses.
Seadrill Limited (NYSE:SDRL) Q1 2026 Earnings Call Transcript
Seadrill Limited (NYSE: SDRL) held its Q1 2026 earnings call, reporting strong financial and operational performance, including EBITDA of $97 million. The company updated its full-year revenue guidance to $1.43 billion to $1.48 billion and EBITDA to $370 million to $420 million, attributing the success to early contract commencements and high economic utilization. Seadrill emphasized its focus on safe operations, free cash flow generation, and capitalizing on an improving deepwater drilling market driven by increasing exploration and energy security concerns, with significant free cash flow generation expected in the second half of 2026.
How Raised 2026 Revenue Guidance and New Contracts At Seadrill (SDRL) Has Changed Its Investment Story
Seadrill Limited reported strong Q1 2026 results, including a narrowed net loss and raised full-year 2026 revenue guidance to US$1.43 billion–US$1.48 billion, alongside new contract awards totaling over US$860 million. These developments, particularly the multi-year West Polaris extension, strengthen the company's contract backlog and operational execution in a tightening deepwater rig market, reinforcing its investment narrative despite existing risks. The article highlights that while these updates provide near-term catalysts, investors should remain aware of unresolved legal claims and aging assets.
Earnings call transcript: Seadrill Ltd beats Q1 2026 forecasts, shares rise By Investing.com
Seadrill Ltd (SDRL) reported strong first-quarter 2026 results, surpassing revenue and EPS forecasts. The company's stock rose significantly on the news, reflecting positive investor sentiment and an updated full-year guidance with higher projected revenues and EBITDA. Management highlighted operational discipline, early contract commencements, and a strong deepwater exploration market as key drivers for their performance and future cash flow generation.
Seadrill Limited (SDRL) Lifts Revenue Forecast as Contract Backlog Hits $3.1 Billion
Seadrill Limited (SDRL) has raised its 2026 revenue forecast and reported its contract backlog has grown to over $3.1 billion following new contract wins in Brazil, Angola, and the Gulf of Mexico. Despite a slight dip in Q1 operating revenue, adjusted EBITDA increased, and the company's net loss narrowed, contributing to a 3.05% rise in its share price. The strengthened financial outlook and extended revenue certainty reflect improving rig market conditions.
Seadrill Limited (SDRL) Stock: Q1 EBITDA Rises as Backlog Tops $3.1 Billion
Seadrill Limited reported a strong first quarter with rising adjusted EBITDA and a narrowed net loss, leading to increased 2026 guidance. The company's contract backlog surged past $3.1 billion due to significant new rig contracts in Brazil, Angola, and the U.S. Gulf. Despite an early pullback, SDRL stock saw gains, reflecting improved offshore rig demand and enhanced revenue visibility into future years.
Seadrill (NYSE: SDRL) lifts revenue, grows backlog and holds $482M liquidity
Seadrill Limited reported increased operating revenues of $358 million in Q1 2026, up from $335 million the previous year, driven by higher contract revenues, improved economic utilization, and stronger dayrates. Despite an operating profit of $24 million, the company posted a net loss of $7 million due to higher income tax expenses. Seadrill also grew its contract backlog to $2.48 billion and maintained $482 million in available liquidity, consisting of cash and an undrawn revolving credit facility.
Earnings call transcript: Seadrill Ltd beats Q1 2026 forecasts, shares rise
Seadrill Ltd (SDRL) reported strong Q1 2026 results, surpassing analyst expectations with an EPS of -$0.11 against a forecasted -$0.2758 and revenues of $358 million against a projected $326.75 million. The company's stock rose by 5.53% in pre-market trading, reflecting investor optimism driven by strong operational execution and an updated full-year guidance with higher revenue and EBITDA projections. Management emphasized a focus on free cash flow generation and cautiously optimistic views on future market conditions, particularly in deepwater exploration.
Seadrill reports Q1 2026: $358M revenue, $97M adjusted EBITDA, $7M net loss
Seadrill reported Q1 2026 results, showing $358 million in revenue and $97 million in Adjusted EBITDA, despite a net loss of $7 million. The company raised its full-year 2026 revenue and Adjusted EBITDA guidance, and its contract backlog increased to approximately $3.1 billion due to new awards. Key highlights include significant contract extensions and improved operational metrics, with an average contractual dayrate of $343k and economic utilization at 94.6%.
Seadrill: Q1 Earnings Snapshot
Seadrill Ltd. (SDRL) reported a first-quarter loss of $7 million, translating to 11 cents per share. The offshore drilling services provider generated $358 million in revenue for the period and projects full-year revenue between $1.43 billion and $1.48 billion.
Offshore driller Seadrill snags $860M in new work, raises 2026 guidance
Seadrill announced its first-quarter 2026 results, securing over $860 million in new contract awards across the U.S. Gulf, Brazil, and Angola, bringing its total contract backlog to $3.1 billion. Despite reporting a net loss of $7 million, the company increased its full-year 2026 guidance for total operating revenues and Adjusted EBITDA, citing strong demand for deepwater rigs. The report highlighted the successful completion of two major projects ahead of schedule and outlined new contract extensions for its rigs, indicating positive momentum into 2027.
Seadrill (NYSE: SDRL) narrows Q1 2026 loss and lifts full-year outlook
Seadrill Limited reported its first quarter 2026 results, showing a narrowed net loss of $7 million from $14 million a year ago, with total operating revenues slightly increasing to $358 million. The company secured over $860 million in new contracts, bringing its total Contract Backlog to $3.1 billion, and subsequently raised its full-year 2026 revenue and Adjusted EBITDA guidance. Despite a negative free cash flow for the quarter, Seadrill maintained a contained net debt position and highlighted improved operational performance with higher average contractual dayrates and economic utilization.
Barclays Maintains Seadrill(SDRL.US) With Buy Rating, Maintains Target Price $59
Barclays has reiterated its Buy rating for Seadrill (SDRL.US) and maintained its target price at $59. This indicates a continued positive outlook from the firm regarding Seadrill's stock performance.
Seadrill Ltd expected to post a loss of 24 cents a share - Earnings Preview
Seadrill Ltd (SDRL) is projected to report a loss of 24 cents per share. This information comes from an earnings preview and was provided by Refinitiv. The article is a short news brief regarding the company's upcoming financial disclosure.
Seadrill earnings loom: Can new CEO turn around cash flow?
Seadrill is set to report its first-quarter results, with investors keenly watching to see if new CEO Samir Ali can improve cash flow amidst a challenging offshore drilling market. Analysts anticipate a loss of 28 cents per share on lower revenue compared to the previous quarter, though EPS estimates have risen recently. The company faces near-term headwinds but secured new contracts and is exploring potential consolidation, with expectations high as the stock trades near its 52-week high.
SDRL - Seadrill Ltd Stock Price and Quote
This article provides detailed stock information for Seadrill Ltd (SDRL), an offshore drilling services company based in Bermuda. It includes the latest stock price, financial metrics, analyst ratings, and a chronological list of recent news and earnings reports. Key data points cover market capitalization, P/E ratio, sales, and various performance indicators.
Seadrill earnings loom: Can new CEO turn around cash flow? By Investing.com
Seadrill Ltd. is set to report its first-quarter results, with analysts expecting a loss of 28 cents per share on $326.75 million in revenue, a sequential decline. Investors will be watching for updates on the company's free cash flow generation, under new CEO Samir Ali, and the impact of fleet rationalization and cost savings initiatives. The report will assess whether Ali's early strategic moves are steering the company towards improved financial performance amidst near-term market headwinds and an anticipated recovery.
Seadrill earnings loom: Can new CEO turn around cash flow?
Seadrill Ltd. is set to report first-quarter earnings, with investors keen to see how new CEO Samir Ali plans to address cash flow challenges amid a softening market, despite an expected long-term recovery in offshore drilling. Analysts project a loss of 28 cents per share on revenue of $326.75 million, and positive free cash flow is not anticipated until next year. The company's strategy, including fleet rationalization, contract backlog updates, and potential industry consolidation, will be key areas of focus.
Seadrill (NYSE:SDRL) Rating Increased to Overweight at Barclays
Barclays upgraded Seadrill (NYSE:SDRL) from "equal weight" to "overweight" and set a $59 price target, indicating a 22% upside. Analyst coverage for Seadrill is mixed but leans positive, with a consensus rating of "Moderate Buy" and a $55 target price. Despite beating recent earnings and revenue estimates, the company still reports a negative net margin and return on equity.
EDGAR Filing Documents for 0001140361-26-015486
This document is an EDGAR filing (Form DEF 14A) for Seadrill Ltd, with an SEC Accession No. 0001140361-26-015486 and a filing date of April 20, 2026. It includes various interactive data documents, graphic files, and XBRL taxonomy extensions. The filing provides details about the company's proxy statements and related financial reporting.
LLOG awards Seadrill US Gulf drilling contracts
Seadrill Ltd. has secured two new offshore drilling contracts from LLOG Exploration Co. LLC for operations in the U.S. Gulf, adding approximately $260 million to Seadrill's contract backlog. The contracts involve extensions for the drillship West Neptune and a new program for the drillship West Vela, both scheduled to commence in August and September 2026, respectively. Seadrill's president and CEO noted that the deals build on a decade of collaboration with LLOG and enhance revenue visibility.
Seadrill (SDRL) Projected to Post Earnings on Monday
Seadrill (NYSE:SDRL) is expected to announce its Q1 2026 earnings before market open on Monday, May 11th, with analysts projecting an EPS of ($0.2730) and revenue of $326.75 million. Despite beating estimates in the prior quarter, the company reported negative net margin and return on equity. Institutional investors hold a significant portion of the stock, while analyst ratings are mixed with a consensus "Hold" and a target price of $51.40.
Seadrill Limited $SDRL Shares Sold by UBS Group AG
UBS Group AG reduced its stake in Seadrill Limited ($SDRL) by 4.4% in the fourth quarter, selling 136,372 shares and retaining roughly 4.77% of the company. Despite Seadrill beating Q4 earnings and revenue expectations, it reported negative net margins and a negative PE ratio. Analysts currently hold a consensus "Hold" rating for the stock with a target price of $51.40.
SDRL SEC Filings - Seadrill 10-K, 10-Q, 8-K Forms
This page provides a comprehensive resource for investors to access Seadrill's (SDRL) official regulatory documents, including 10-K annual reports, 10-Q quarterly earnings, and 8-K material events. It details how the offshore drilling contractor reports its financial condition, risk factors, and material events, with AI-powered tools summarizing key information. The page also lists recent insider trading activities and other SEC filings for SDRL.
Seadrill (SDRL) executive exercises RSUs and withholds 3,130 shares for tax
Torsten Sauer-Petersen, an executive at Seadrill (SDRL), exercised 7,954 restricted stock units (RSUs) and had 3,130 common shares withheld at $48.10 per share to cover tax obligations. These transactions resulted in him directly owning 42,625 common shares and holding 15,910 remaining RSUs. The disposition was for tax purposes, not an open-market sale.
Vanguard holds 3.15M Seadrill shares (SDRL) in Schedule 13G filing
Vanguard Capital Management has reported a passive beneficial ownership of 3,150,314 shares of Seadrill Ltd (SDRL), representing 5.04% of the class. This disclosure was made in a Schedule 13G filing with the SEC, dated April 28, 2026, for the period ending March 31, 2026. The filing indicates Vanguard's sole voting power over 459,845 shares and sole dispositive power over all 3,150,314 shares, consistent with institutional custody and fund management
Seadrill (NYSE: SDRL) SVP exercises RSUs and withholds shares for taxes
Seadrill's Senior VP of Operations, Marcel Wieggers, recently exercised 7,954 restricted stock units (RSUs) which converted into common shares. To cover tax obligations, 1,937 of these shares were withheld at a price of $48.10 per share. Following these transactions, Wieggers directly holds 13,475 common shares in Seadrill.
Seadrill (SDRL) SVP & General Counsel exercises RSUs and withholds shares for tax
Seadrill Ltd's SVP & General Counsel, Todd D. Strickler, exercised 7,954 restricted stock units (RSUs) on April 25, 2026. Subsequently, 3,130 common shares were disposed of on April 27, 2026, at $48.10 per share to cover tax obligations. Following these transactions, Strickler directly holds 31,409 Seadrill common shares.
Seadrill (SDRL) CEO nets 4,824 shares after RSU vesting and tax withholding
Seadrill Ltd's President & CEO, Ali Samir H, exercised 7,954 restricted stock units (RSUs) into common shares. Following this, 3,130 shares were withheld to cover tax obligations at $48.10 per share, resulting in a net gain of 4,824 shares. After these transactions, his direct common share holdings increased to 44,764 shares, while he still holds 15,910 RSUs.
Seadrill (SDRL) CFO converts 12,238 RSUs and withholds 4,816 shares for tax
Seadrill's CFO, Creed R. Grant, converted 12,238 restricted stock units (RSUs) into common shares. Subsequently, 4,816 of these shares were withheld to cover tax obligations at a price of $48.10 per share, a transaction not considered an open-market sale. After these actions, Mr. Grant directly holds 57,211 common shares of Seadrill.
Seadrill stock hits 52-week high at 49.04 USD
Seadrill (SDRL) stock reached a new 52-week high of $49.04, reflecting strong investor confidence and a 1-year total return of 133%. The company, which is predicted to turn profitable this year, secured significant contract extensions and awards totaling over $700 million. BTIG raised its price target to $55.00, maintaining a Buy rating.
Seadrill announces US Gulf contract awards for West Neptune and West Vela
Seadrill Limited secured two new contracts with LLOG Exploration Company in the U.S. Gulf, adding approximately $260 million to its contract backlog. The ultra-deepwater drillship West Neptune received a 365-day extension starting September 2026, while the West Vela was awarded a 270-day program beginning August 2026. These awards strengthen Seadrill's revenue visibility and cash flow, positioning its drillships favorably for improved global floater utilization in 2027.
Seadrill Wins New Drillship Contracts, Drives Backlog Growth
Seadrill Limited has secured two new drillship contracts from LLOG Exploration Company, adding $260 million to its backlog. The West Vela will begin a 270-day assignment in August 2026, and the West Neptune received a 365-day contract extension starting September 2026. These contracts aim to enhance Seadrill's revenue visibility and free cash flow.
