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Seadrill Q3 Loss Widens, Revenue Rises; Lifts 2026 Guidance

Seadrill Q3 Loss Widens, Revenue Rises; Lifts 2026 Guidance

MT newswireMT newswire2026/11/03 21:36
05:36 PM EST, 11/03/2026 (MT Newswires) -- Seadrill (SDRL) reported a Q3 loss late Tuesday of $0.49 per diluted share, widening from a loss of $0.17 a year earlier. Analysts polled by FactSet expected a loss of $0.19. Total operating revenue for the quarter ended Sept. 30 was $428 million, up from $363 million a year earlier. Analysts expected $382.7 million. For 2026, the company raised its total operating revenue guidance to $1.56 billion to $1.58 billion from $1.50 billion to $1.55 billion previously. Analysts expect $1.56 billion.
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