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Stock impact report

Seadrill Announces Second Quarter 2024 Results

Seadrill Limited Common Shares (SDRL) 
Last seadrill limited common shares earnings: 8/25 04:01 pm Check Earnings Report
US:NYSE Investor Relations: seadrill.com/investor-relations.aspx
Company Research Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) today reports its second quarter 2024 results.Quarterly HighlightsDelivered Operating Profit of $288 million and Adjusted EBITDA(1) of $133 million on $375 million of Total Operating Revenues for an Adjusted EBITDA Margin(1) of 35.5%Completed sale of three jack-up rigs and associated interest in the Gulfdrill joint venture, supporting fleet refinement and capital return programRepurchased total of $566 million of shares, or more than 15% of its issued share count, since initiating repurchase program in September 2023Financial Highlights Three months endedFigures in USD million, unless otherwise indicatedJune 30, 2024March 31, 2024Total Operating Revenues375 367 Contract Revenues267 275 Operating Profit288 80 Adjusted EBITDA (1)133 124 Adjusted EBITDA Margin (1)35.5 Show less Read more
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