
SDRL raises 2026 guidance for a third straight time as its $3.3 billion backlog boosts 2027 visibility; management prioritizes cash flow over day rates.
Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry globally. The company is headquartered in Hamilton, Bermuda.
| Revenue (TTM) | $1.53B |
| Gross Profit (TTM) | $554.00M |
| EBITDA | $449.00M |
| Operating Margin | 10.90% |
| Return on Equity | -0.63% |
| Return on Assets | 2.43% |
| Revenue/Share (TTM) | $24.64 |
| Book Value | $45.79 |
| Price-to-Book | 0.90 |
| Price-to-Sales (TTM) | 1.70 |
| EV/Revenue | 1.756 |
| EV/EBITDA | 7.83 |
| Quarterly Earnings Growth (YoY) | 63.10% |
| Quarterly Revenue Growth (YoY) | 14.80% |
| Shares Outstanding | $61.50M |
| Float | $61.22M |
| % Insiders | 0.64% |
| % Institutions | 100.40% |
Volatility is currently expanding

SDRL raises 2026 guidance for a third straight time as its $3.3 billion backlog boosts 2027 visibility; management prioritizes cash flow over day rates.

Seadrill Limited ( SDRL ) Q3 2026 Earnings Call November 4, 2026 9:00 AM EST Company Participants Kevin Smith - Vice President of Corporate Finance & Investor Relations Samir Ali - CEO & President Jacob Taylor - Vice President of Commercial Grant Creed - Executive VP & CFO Conference Call Participants Keith Beckmann - Pickering Energy Partners LP Edward Kim - Barclays Bank PLC, Research Division Scott Gruber - Citigroup Inc., Research Division Fredrik Stene - Clarksons Platou Securities AS, Research Division Gregory Lewis - BTIG, LLC, Research Division Doug Becker - Capital One Securities, Inc., Research Division Hamed Khorsand - BWS Financial Inc. Joshua Jayne - Daniel Energy Partners, LLC Presentation Operator Hello, everyone. Welcome, and thank you for joining us to the Seadrill Third Quarter 2026 Earnings Call.

Seadrill raised 2026 revenue and EBITDA guidance, higher dayrates and $2.9B backlog signal stronger cash flow ahead, though rising costs pose challenges.

Seadrill shares rose 14.8% in a month as higher dayrates, strong utilization and a $2.9B backlog boost prospects, but premium valuation raises caution.

SDRL's Q3 earnings are expected to benefit from rising offshore drilling activity and a strong backlog, but higher operating costs could pressure profits.

HAMILTON, Bermuda--(BUSINESS WIRE)---- $SDRL #Seadrill--Seadrill Announces Contract Awards and Extensions in Indonesia, Malaysia, Angola, and the U.S. Gulf.

HAMILTON, Bermuda--(BUSINESS WIRE)---- $SDRL #Seadrill--Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) will report its third quarter 2026 results on Tuesday, November 3, after the NYSE closes for trading. The Company will host a conference call to discuss on Wednesday, November 4, at 08:00 CT / 15:00 CET. Interested participants may join the call by dialing +1 (833) 461-5787 (Conference ID: 184 972 661) at least 15 minutes prior to the scheduled start time. The Company will webcast the call live on th.

Here is how Seadrill (SDRL) and SunCoke Energy (SXC) have performed compared to their sector so far this year.

Investors need to pay close attention to SDRL stock based on the movements in the options market lately.

BFH, SDRL and RS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 25th, 2026.
Tiblio connects your broker and runs your put-and-call-writing strategy for you — on SDRL and any ticker you trade — then tracks every position and per-strategy win rate.