Recent 8-K filings for SDRL
Highest-materiality recent filing
Seadrill Q2 net income $29M, revenue $449M; raises FY2026 EBITDA guidance to $420-450M
- Q2 2026 revenue $449M (vs $358M prior qtr); net income $29M vs -$7M loss; diluted EPS $0.47 vs -$0.11.
- Adjusted EBITDA $144M (vs $97M); margin ex-reimbursables 33.5% vs 27.9%; 96% economic utilization.
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Seadrill Q2 net income $29M, revenue $449M; raises FY2026 EBITDA guidance to $420-450M
Q2 2026 revenue $449M (vs $358M prior qtr); net income $29M vs -$7M loss; diluted EPS $0.47 vs -$0.11.
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Seadrill issues $700M 6.750% Senior Notes due 2034, redeems 2030 notes
Issued $700M 6.750% Senior Notes due 2034; interest semi-annual from Jan 15, 2027.
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Seadrill extends share repurchase program through Dec 31, 2026
Board extended $500M share repurchase program to run through December 31, 2026 (previously ending June 25, 2026).
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Seadrill upsizes revolving credit facility to $300M, extends maturity to 2031
Revolving commitments increased from $225M to $300M; maturity extended from 2028 to 2031.
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Seadrill Finance offers $600M in 8.375% Senior Secured Second Lien Notes due 2030 redemption.
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Seadrill AGM approves 1.4M share addition to management incentive plan
Amendment No. 1 to 2022 Management Incentive Plan approved; share reserve increased by 1,400,000 to 4,310,053.
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Seadrill Q1 net loss $7M, raises FY2026 revenue and EBITDA guidance; adds $860M backlog
Net loss $7M ($0.11 diluted loss per share); Adjusted EBITDA $97M vs $88M in Q4 2025.
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Seadrill appoints Samir Ali as President and CEO, replacing Simon Johnson
Samir Ali, age 40, formerly EVP Chief Commercial Officer, becomes CEO effective March 12, 2026.
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Seadrill Q4 net loss $10M; FY25 net loss $77M, adj EBITDA $353M; provides 2026 guidance
Q4 total operating revenues $362M, net loss $10M ($0.16 diluted loss per share); Adj EBITDA $88M.
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Seadrill reports Q3 net loss $11M, adjusted EBITDA $86M; awards >$300M in new contracts
Net loss of $11M, diluted loss per share $0.17; total operating revenue $363M, down 4% from Q2.
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Seadrill approves salary increases for 4 NEOs; Sauer-Petersen named CTO & Sustainability Officer
CFO Grant Creed base salary set at $465,000, effective Sept 15, 2025.
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Seadrill Q2 net loss widens to $42M; Adj. EBITDA rises to $106M; wins two Gulf contracts
Net loss of $42M ($0.68 diluted loss per share) vs $14M loss in prior quarter; Adjusted EBITDA $106M vs $73M.
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Seadrill loses UK High Court case; estimates liability up to $53M over Angola JV dispute
High Court of England and Wales ruled against Seadrill in breach of contract/unjust enrichment suit related to Sonadrill JV formation; Seadrill evaluating appeal.
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Seadrill AGM re-elects all directors; say-on-pay frequency set to 1 year
All 9 director nominees re-elected; Andrew Schultz received 9.1M votes against (23.6% of votes cast).
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Seadrill reports Q1 2025 net loss of $14M, Adjusted EBITDA of $73M
Net loss of $14M (diluted EPS -$0.23) vs. prior quarter net income of $101M (diluted EPS $1.54).
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Audit committee approved dismissal of PwC UK and appointment of PwC US as independent auditor for FY 2025.
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Seadrill Q4 net income $101M, revenue $289M; adds $1B backlog with Petrobras contracts
Q4 net income $101M, revenue $289M; Adjusted EBITDA $28M vs $93M in Q3.
Earnings & guidance
Materiality & sentiment trend
Max materiality 0.80 · Median 0.65 · Most common event earnings