Seadrill Q1 Loss Narrows, Operating Revenue Rises; 2026 Operating Revenue Outlook Raised
11 maj, 09:32
03:32 AM EDT, 05/11/2026 (MT Newswires) -- Seadrill (SDRL) reported a Q1 loss Monday of $0.11 per share, narrowing from a loss of $0.23 a year earlier.
Two analysts polled by FactSet expected a loss of $0.23.
Operating revenue for the quarter ended March 31 was $358 million, up from $335 million a year earlier.
Analysts surveyed by FactSet expected $327.2 million.
Seadrill said it now expects 2026 operating revenue to be in the range of $1.43 billion to $1.48 billion, up from its prior range of $1.40 billion to $1.45 billion, excluding $50 million of reimbursable revenue.
Analysts polled by FactSet expect $1.45 billion.
Shares of the company were up 8% in premarket trade Monday.
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Seadrill Q1 Loss Narrows, Operating Revenue Rises; 2026 Operating Revenue Outlook Raised
11 maj, 09:32
03:32 AM EDT, 05/11/2026 (MT Newswires) -- Seadrill (SDRL) reported a Q1 loss Monday of $0.11 per share, narrowing from a loss of $0.23 a year earlier.
Two analysts polled by FactSet expected a loss of $0.23.
Operating revenue for the quarter ended March 31 was $358 million, up from $335 million a year earlier.
Analysts surveyed by FactSet expected $327.2 million.
Seadrill said it now expects 2026 operating revenue to be in the range of $1.43 billion to $1.48 billion, up from its prior range of $1.40 billion to $1.45 billion, excluding $50 million of reimbursable revenue.
Analysts polled by FactSet expect $1.45 billion.
Shares of the company were up 8% in premarket trade Monday.
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