ET 06:27

Seadrill (SDRL) to report Q1 results May 14 as analysts expect flat revenue

IMP4.0
SNT0.0
CONF40%
Earnings

Seadrill (NYSE: SDRL) is scheduled to report first-quarter results before the market opens on May 14, 2026, with analysts expecting revenue to be roughly flat from a year earlier. The offshore drilling contractor reported $362 million in revenue in the prior quarter, up 25.3% year over year, and beat EBITDA estimates. Analysts have largely left estimates unchanged over the past 30 days, though Seadrill has missed Wall Street revenue forecasts several times over the past two years. Peer results have been positive: Solaris Energy Infrastructure posted 55.3% revenue growth and beat estimates by 6.8%, while Centrus Energy revenue rose 4.9% and topped expectations by 3%. Seadrill shares are up 3.4% over the past month, compared with flat performance across the peer group, and trade near $49 versus an average analyst price target of $54.29.

EditorTan Wei Jie