Seadrill Reports Q3 Revenue of $428M, Down From Q2
Q3 revenue fell to $428 million from $449 million in Q2, while adjusted EBITDA declined to $121 million from $144 million. Free cash flow was $179 million, and subsequent contract awards and extensions totaled approximately $800 million.
Story updates
09:28:34 PM UTC
SquawkNews
Seadrill reported third-quarter 2026 revenue of $428 million and a net loss of $30 million, including a legal provision. Adjusted EBITDA was $121 million, while free cash flow was $179 million. The company raised its full-year revenue and Adjusted EBITDA guidance.Financial HighlightsBusiness Highli…
Q3 revenue fell to $428M from $449M in Q2, and adjusted EBITDA declined to $121M from $144M. Free cash flow was $179M; no prior-quarter comparison was provided. Subsequent contract awards and extensions totaled approximately $800M.Material DetailsContext by AI AnalystThis quarterly update reports s…