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Seadrill Limited (SDRL)
NYSE:SDRL
Earnings Data
Report Date
May 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.61Last Year’s EPS
0.81Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -7.52%
|Next Earnings Date:May 21, 2025
Earnings Call Sentiment|Neutral
The call highlights Seadrill Limited's strong share repurchase program, incremental backlog growth, and notable operational achievements while facing regulatory challenges in Brazil, litigation risks with Petrobras, and a softening market. Although significant achievements were noted, the uncertainty in market conditions and regulatory hurdles present challenges for 2025.Company Guidance
During the earnings call, Seadrill Limited provided guidance for the fiscal year 2025, projecting total operating revenues between $1.3 billion and $1.36 billion, excluding reimbursable revenues of $35 million. Adjusted EBITDA is expected to range from $320 million to $380 million, with capital expenditures anticipated between $250 million and $300 million. The company highlighted its strong balance sheet, with gross principal debt at $625 million and $505 million in cash, resulting in a net debt position of $120 million. The company also emphasized its recent achievements, including a $3 billion durable contract cover extending through 2028, and a share repurchase program that returned $792 million to shareholders, reducing the issued share count by 22% since September 2023.Strong Share Repurchase Program
Seadrill Limited repurchased $100 million of shares in the fourth quarter and reduced its issued share count by 22% since the commencement of the program in September 2023. A total of $792 million has been returned to shareholders.
Incremental Backlog Growth
Seadrill Limited secured approximately 65% of the global backlog awarded to the four largest publicly traded offshore drillers, despite representing only 18% of the drillship fleet.
New Contracts and Revenue Generation
Seadrill Limited announced long-term contract awards in Brazil commencing in 2026, adding $1 billion in backlog, and secured additional work for rigs in the US Gulf and Brazil.
Exceptional Operational Performance
The West Vela achieved drilling ahead of schedule, securing additional work at a strong rate, and the West Jupiter was awarded the 2024 Rig of the Year within the fleet.
Safety Performance Improvement
Seadrill Limited ended 2024 with a total recordable incident frequency rate nearly 20% below the IADC average, with safety performance trending favorably in 2025.
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SDRL Earnings History
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
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SDRL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $27.54 | $26.01 | -5.56% |
| Nov 12, 2024 | $39.17 | $39.64 | +1.20% |
| Aug 05, 2024 | $46.96 | $44.37 | -5.52% |
| May 14, 2024 | $51.62 | $50.99 | -1.22% |
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.
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FAQ
When does Seadrill Limited (SDRL) report earnings?
Seadrill Limited (SDRL) is schdueled to report earning on May 21, 2025, TBA Not Confirmed.
What is Seadrill Limited (SDRL) earnings time?
Seadrill Limited (SDRL) earnings time is at May 21, 2025, TBA Not 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 (Q1) is 0.61.
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