Seadrill is an offshore drilling contractor that owns and operates high-specification drillships, semi-submersibles and other rigs for oil and gas exploration and development. Its fleets serve major energy companies and national oil firms in deepwater and harsh environments worldwide. The business is capital-intensive and cycle-sensitive, with contracts typically priced on day rates and utilization of modern ultra-deepwater and harsh-environment assets.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 335 | — | -14 | — |
| Q2 2025 | 377 | — | -42 | — |
| Q3 2025 | 363 | — | -11 | — |
| Q4 2025 | 362 | — | -10 | — |
| Q1 2026 | 358 | 6.9% | -7 | — |
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