Seadrill Announces Third Quarter 2024 Results and Increases Full-Year Guidance
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
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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: SDRL) today announced its third quarter 2024 results and revised 2024 guidance.Quarterly HighlightsDelivered operating profit of $47 million and Adjusted EBITDA(1) of $93 million, achieving $350 million of Adjusted EBITDA(1) year-to-dateIncreased midpoint for full-year 2024 Adjusted EBITDA(1) guidance by 13% from $340 million to $385 millionRepurchased 4.0 million shares during the third quarter for $183 million, bringing year-to-date repurchases to $427 millionFinancial HighlightsFigures in USD million, unless otherwise indicatedThree months endedSeptember 30, 2024 Three months endedJune 30, 2024Total Operating Revenues354 375 Contract Revenues263 267 Operating Profit47 288 Adjusted EBITDA(1)93 133
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