Seadrill Ltd (SDRL)

On February 25, 2026, Seadrill Limited (NYSE:SDRL) announced $362 million in fourth-quarter operating revenue, a $10 million net loss, and $88 million in adjusted EBITDA.

On February 27, 2026, The New York Times reported that Germany's domestic oil and gas output had decreased by around 80% since 2000, meeting only about 5% of demand.

Operator: Thank you for standing by. My name is Rebecca, and I will be your conference operator today. At this time, I would like to welcome everyone to the Seadrill Fourth Quarter 2025 Earnings Call.

We came across a bullish thesis on Seadrill Limited on Undervalued and undercovered’s Substack by Hugo Navarro and Mihail Stoyanov.

Greenlight Capital, an investment management company, released its fourth-quarter 2025 investor letter. A copy of the letter can be downloaded here.

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.

Although global crude oil prices fell slightly last week, they posted modest gains on Monday after the U.S. Senate advanced a funding bill to end the longest government shutdown in history.

Operator: Ladies and gentlemen, thank you for standing by, and welcome to Seadrill's Third Quarter 2025 Earnings Conference Call.

We came across a bullish thesis on Seadrill Limited on Value Degen’s Substack’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on SDRL.