Seadrill (SDRL) Fell This Week. Here is Why

The share price of Seadrill Limited (NYSE:SDRL) fell by 10.58% between November 3 and November 10, 2025, putting it among the Energy Stocks that Lost the Most This Week.

Seadrill (SDRL) Fell This Week. Here is Why

Seadrill Limited (NYSE:SDRL) provides offshore contract drilling services to the oil and gas industry worldwide.

Seadrill Limited (NYSE:SDRL) reported mixed results for its Q3 2025 on November 5, with the company’s adjusted EPS of -$0.14 falling below forecasts by a significant $0.48. However, Seadrill generated $363 million in revenue during the quarter, surpassing expectations by over $19 million. Overall, the company reported a net loss of $11 million, primarily due to more idle rigs than expected.

That said, Seadrill Limited (NYSE:SDRL) revealed that it has secured $300 million in new contract awards across five rigs, including a major joint venture in Angola, which reaffirms its position as a leading operator in the region.

Following the third-quarter reports, Barclays lowered its price target on Seadrill Limited (NYSE:SDRL) from $33 to $32 on November 10, but maintained an ‘Equal Weight’ rating on the company’s shares.

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Disclosure: None.