Seadrill Limited Raises Full-Year Outlook After Earnings Beat and New Contract Awards
Seadrill Limited (SDRL) reported better-than-expected Q1 earnings for 2026, with an EPS of -$0.11 versus a forecasted -$0.2758, alongside revenue exceeding estimates by $358 million. The company raised its full-year outlook to operational revenues between $1.43 billion and $1.48 billion and EBITDA guidance from $370 million to $420 million due to improved efficiency.
Tickers: $SDRL
Topics: contract awards financial performance offshore drilling oil and gas