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 Limited provides offshore contract drilling services to the oil and gas industry worldwide.
Seadrill Limited 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 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 from $33 to $32 on November 10, but maintained an ‘Equal Weight’ rating on the company’s shares.
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