{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-036889","form_type":"8-K","ticker":"SDRL","cik":"0001737706","company_name":"Seadrill Ltd","filed_at":"2025-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.667608+00:00","generated_at":"2026-05-26T03:44:12.473736+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Seadrill Q4 net income $101M, revenue $289M; adds $1B backlog with Petrobras contracts","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-036889","json":"https://secwatch.observer/filing/0001193125-25-036889.json","markdown":"https://secwatch.observer/filing/0001193125-25-036889.md","text":"https://secwatch.observer/filing/0001193125-25-036889.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1737706/000119312525036889/0001193125-25-036889-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1737706/000119312525036889/d888272d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T03:44:12.473736+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}