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.
Seadrill (SDRL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Leading offshore driller Seadrill Limited reported better-than-expected results, with revenue and earnings per share coming in well ahead of expectations. Adjusted EBITDA of $144 million and Adjusted EBITDA margin of 32.1% represented new two-year highs for the company. To account for the better-than-expected quarter, management raised full-year guidance for revenue and Adjusted EBITDA.
Seadrill Limited (SDRL) Q2 2026 Earnings Call Transcript
Seadrill NYSE: SDRL raised its full-year 2026 revenue and EBITDA outlook after reporting second-quarter results that President and Chief Executive Officer Samir Ali said exceeded expectations, supported by higher operating activity, improved day rates and execution on major rig projects.
Seadrill (SDRL) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.29 per share. This compares to a loss of $0.68 per share a year ago.
Investors need to pay close attention to SDRL stock based on the movements in the options market lately.
Seadrill NYSE: SDRL reported first-quarter 2026 results that exceeded its expectations, citing early contract starts, strong operational execution and improved fleet utilization, while raising its full-year revenue and EBITDA guidance.
Seadrill Limited (SDRL) Q1 2026 Earnings Call Transcript
Seadrill (SDRL) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.1. This compares to a loss of $0.23 per share a year ago.
SDRL secures two U.S. Gulf drillship deals with LLOG, adding $260M to backlog, boosting revenue visibility and supporting future cash flow growth.