Summary
Seadrill Limited (SDRL) Q3 2025 Earnings Call Transcript
Seadrill Limited ( SDRL ) Q3 2025 Earnings Call November 6, 2025 9:00 AM EST Company Participants Kevin Smith - Vice President of Corporate Finance & Investor Relations Simon Johnson - President & CEO Samir Ali - Executive VP & Chief Commercial Officer Grant Creed - Executive VP & CFO Marcel Wieggers Conference Call Participants Edward Kim - Barclays Bank PLC, Research Division Fredrik Stene - Clarksons Platou Securities AS, Research Division Benjamin Sommers - BTIG, LLC, Research Division Doug Becker - Capital One Securities, Inc., Research Division Joshua Jayne - Daniel Energy Partners, LLC Noel Parks - Tuohy Brothers Investment Research, Inc. Presentation Operator Ladies and gentlemen, thank you for standing by, and welcome to Seadrill's Third Quarter 2025 Earnings Conference Call. [Operator Instructions] I will now hand the call over to Kevin Smith, Vice President of Corporate Finance and Investor Relations.
Seadrill (SDRL) Reports Q3 Loss, Beats Revenue Estimates
Seadrill (SDRL) came out with a quarterly loss of $0.17 per share versus the Zacks Consensus Estimate of $0.26. This compares to earnings of $0.49 per share a year ago.
Seadrill's Drillships Secure Key Contracts in the Gulf of America
SDRL secures new Gulf of America contracts for West Vela and Sevan Louisiana, boosting its $2.5B order backlog.
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Seadrill Limited Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Simon William Johnson CEO | NYSE Exchange | BMG7997W1029 ISIN |
| GB Country | 3,300 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Seadrill Limited, headquartered in Hamilton, Bermuda, is a global leader in providing offshore contract drilling services to the oil and gas industry. The company was established in 2005, initially known as Seadrill 2021 Limited, and has since carved a niche for itself in the competitive offshore drilling sector. Seadrill Limited caters to a diverse range of clients, including oil super-majors, state-owned national oil companies, and independent oil and gas companies, showcasing its broad expertise and operational flexibility across various environments. With its focus on excellence and safety in operations, Seadrill Limited plays a crucial role in enabling the exploration and production of offshore oil and gas resources worldwide.
Products and Services
- Drill Ships
Seadrill Limited operates a fleet of advanced drill ships designed for efficient deep-water and ultra-deep-water drilling activities. These vessels are equipped with state-of-the-art technology to ensure safe, reliable, and high-performance drilling operations in offshore locations.
- Semi-Submersible Rigs
The company provides semi-submersible rigs that are ideally suited for drilling in challenging environments, including harsh weather conditions and deep-water settings. Semi-submersible rigs offer stability and versatility, making them an essential asset for complex drilling projects.
- Jack-Up Rigs
Seadrill Limited's jack-up rigs are designed for operations in shallower waters. These rigs are supported by legs that can be extended to the ocean floor, providing a stable platform for drilling activities in benign environments. Jack-up rigs are crucial for drilling exploratory wells and for the development of oil and gas fields in shallow water regions.
Contact Information
