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25.02.26 - 22:21
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Seadrill Announces Fourth Quarter and Full Year 2025 Results (Business Wire)
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HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited (“Seadrill” or the “Company”) (NYSE: SDRL) today announced its fourth quarter and full year 2025 results.
Quarterly Highlights
Secured contract awards across seven rigs, adding $0.5 billion to Contract Backlog(1).
West Capella received an award with PTTEP in Malaysia, adding over 14 months in firm term and enhancing earnings and Free Cash Flow(2) potential for 2026 and 2027.
Reported full year 2025 net loss of $77 million and Adjusted EBITDA(3) of $353 million.
Provides full year 2026 guidance ranges as follows: Total operating revenues of $1.40 billion to $1.45 billion, excluding $50 million of reimbursable revenues, Adjusted EBITDA(4) of $350 million to $400 million and Capital Expenditure and Long-Term Maintenance of $200 million to $240 million.
Financial Highlights
Figures in USD million, unless otherwise indicated
Three months ended
December 31, 2025
Three months ended
September 30, 2025
Total operating revenues
362
363
Contract reve...
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