{"filings":[{"id":869716,"accession_number":"0001193125-26-258288","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2026-06-05T10:01:29+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Seadrill AGM approves 1.4M share addition to management incentive plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment No. 1 to 2022 Management Incentive Plan approved; share reserve increased by 1,400,000 to 4,310,053.","All nine director nominees re-elected; Andrew Schultz received 11.96M against votes (highest opposition).","PwC US ratified as independent auditor for FY2026 with 47.22M votes in favor.","Advisory vote to approve 2025 named executive officer compensation passed with 41.03M for, 2.31M against.","Board size set at up to nine directors; 43.18M votes for, 0.17M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":95090,"accession_number":"0001737706-26-000013","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2026-05-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill Q1 net loss $7M, raises FY2026 revenue and EBITDA guidance; adds $860M backlog","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $7M ($0.11 diluted loss per share); Adjusted EBITDA $97M vs $88M in Q4 2025.","Total operating revenues $358M, down slightly from $362M in prior quarter.","Raised FY2026 guidance: revenues $1.43-$1.48B (prev. $1.40-$1.45B), EBITDA $370-$420M (prev. $350-$400M); capex unchanged at $200-$240M.","Contract backlog $3.1B; added ~$860M including West Polaris Petrobras extension ($480M) and LLOG contracts ($260M).","West Capella and West Jupiter projects completed ahead of schedule, expected to boost H2 2026 cash flow."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":358000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107908,"accession_number":"0001193125-26-113974","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2026-03-18T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Seadrill appoints Samir Ali as President and CEO, replacing Simon Johnson","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Samir Ali, age 40, formerly EVP Chief Commercial Officer, becomes CEO effective March 12, 2026.","Annual base salary increased to $750,000; target bonus set at 110% of base, max 2x target.","LTI award of $3.5M: 60% performance-vested RSUs, 40% time-vested RSUs with negative TSR cap.","Severance enhanced: 24 months base/COBRA without cause/good reason; 3x lump sum within 24 months post-CIC.","Ali previously at Diamond Offshore, Bain Capital, and Simmons & Company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107907,"accession_number":"0001737706-26-000006","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2026-02-25T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill Q4 net loss $10M; FY25 net loss $77M, adj EBITDA $353M; provides 2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 total operating revenues $362M, net loss $10M ($0.16 diluted loss per share); Adj EBITDA $88M.","Full year 2025 net loss $77M, Adjusted EBITDA $353M; contract backlog $2.5B at Feb 25, 2026.","Secured $0.5B in contract awards across seven rigs; West Capella adds $152M, West Saturn $114M.","2026 guidance: total operating revenues $1.40-1.45B (excl. $50M reimbursable), Adj EBITDA $350-400M, capex $200-240M.","Balance sheet: gross debt $625M, cash $365M, net debt $260M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":1437000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":124323,"accession_number":"0001737706-25-000015","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill reports Q3 net loss $11M, adjusted EBITDA $86M; awards >$300M in new contracts","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $11M, diluted loss per share $0.17; total operating revenue $363M, down 4% from Q2.","Adjusted EBITDA $86M (24.4% margin ex-reimbursables); full-year guidance narrowed to $330-360M.","Secured over $300M in firm contract backlog across five rigs; total backlog ~$2.5B.","Sonadrill JV rigs (West Gemini, Sonangol Libongos, Sonangol Quenguela) awarded ~1,000 days in Angola.","West Vela and Sevan Louisiana win contracts in U.S. Gulf extending coverage into H2 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.08,"consensus_revenue_estimate":null,"consensus_revenue_actual":1075000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140995,"accession_number":"0001193125-25-194979","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-09-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Seadrill approves salary increases for 4 NEOs; Sauer-Petersen named CTO & Sustainability Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Grant Creed base salary set at $465,000, effective Sept 15, 2025.","CCO Samir Ali base salary set at $440,000; same effective date.","EVP/CTO Torsten Sauer-Petersen base salary set at $440,000 (increase due to role change).","SVP and General Counsel Todd Strickler base salary set at $425,000.","Sauer-Petersen's appointment as EVP, Chief Technology & Sustainability Officer effective Aug 27, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140994,"accession_number":"0001737706-25-000006","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill Q2 net loss widens to $42M; Adj. EBITDA rises to $106M; wins two Gulf contracts","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $42M ($0.68 diluted loss per share) vs $14M loss in prior quarter; Adjusted EBITDA $106M vs $73M.","Total operating revenues $377M, up 12% sequentially; contract revenues $288M driven by higher utilization and West Polaris/Neptune days.","West Vela awarded two-well contract by Talos Energy in U.S. Gulf (mid-Nov 2025); Sevan Louisiana three-well contract by Murphy Oil (started Aug 2025).","Cash $419M, net debt $206M; order backlog ~$2.5B as of Aug 6, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":712000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140993,"accession_number":"0001193125-25-161204","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-07-18T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Seadrill loses UK High Court case; estimates liability up to $53M over Angola JV dispute","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["High Court of England and Wales ruled against Seadrill in breach of contract/unjust enrichment suit related to Sonadrill JV formation; Seadrill evaluating appeal.","Liability estimated not to exceed $53M, excluding potential legal fee award; claimant originally sought ~$72M.","FY2025 Adjusted EBITDA impact estimated at approximately $10M.","Dispute stems from late 2018/early 2019 negotiations for Angola JV (Sonadrill).","Parties still finalizing quantum of damages with court."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158766,"accession_number":"0001193125-25-122467","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-05-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Seadrill AGM re-elects all directors; say-on-pay frequency set to 1 year","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 9 director nominees re-elected; Andrew Schultz received 9.1M votes against (23.6% of votes cast).","Advisory vote to approve executive compensation passed with 37.5M for vs 2.4M against.","Frequency of future advisory votes on executive compensation: 1 year (38.5M votes) chosen over 2 or 3 years.","PwC US ratified as auditor for FY2025 with 48.8M votes for and 1.1M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":158765,"accession_number":"0001628280-25-024424","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-05-12T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill reports Q1 2025 net loss of $14M, Adjusted EBITDA of $73M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $14M (diluted EPS -$0.23) vs. prior quarter net income of $101M (diluted EPS $1.54).","Total operating revenues of $335M, up 16% sequentially from $289M; contract revenues $248M.","Adjusted EBITDA of $73M, up from $28M in Q4 2024; margin 21.8% vs. 9.7%.","Free cash flow negative $72M; cash and equivalents $430M, gross debt $625M.","Full-year 2025 guidance reaffirmed: revenues $1.3B-$1.36B, Adj. EBITDA $320M-$380M, capex $250M-$300M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":335000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177170,"accession_number":"0001193125-25-047186","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Seadrill dismisses PwC UK, appoints PwC US as auditor after transition to U.S. domestic reporting status","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Audit committee approved dismissal of PwC UK and appointment of PwC US as independent auditor for FY 2025.","Auditor change follows Seadrill's transition from foreign private issuer to U.S. domestic reporting status effective Jan 1, 2025.","PwC UK's audit reports for FY 2024 and 2023 were unqualified; no disagreements or reportable events.","Shareholder approval required at 2025 AGM to formalize appointment of PwC US for Bermuda Companies Act purposes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":177169,"accession_number":"0001193125-25-036889","cik":1737706,"company_name":"Seadrill Ltd","ticker":"SDRL","form_type":"8-K","filed_at":"2025-02-26T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Seadrill Q4 net income $101M, revenue $289M; adds $1B backlog with Petrobras contracts","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $101M, revenue $289M; Adjusted EBITDA $28M vs $93M in Q3.","Secured long-term Petrobras contracts for West Jupiter and West Tellus, adding $1B backlog.","Sold cold-stacked West Prospero for $45M cash; repurchased $100M shares in Q4.","Total share repurchases $792M since Sep 2023, reducing issued shares by 22%.","Free Cash Flow negative $31M; cash $505M, net debt $120M; backlog $3.0B."],"consensus_eps_estimate":null,"consensus_eps_actual":6.37,"consensus_revenue_estimate":null,"consensus_revenue_actual":1385000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":2981926441.139735,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}