Seadrill (NYSE:SDRL – Get Free Report) released its quarterly earnings results on Monday. The company added approximately $200 million of backlog since May, including a 12-month, roughly $161 million West Vela contract with Talos and a 75-day West Capella option extension. Major project outflows are largely complete, while higher-rate West Jupiter, West Capella, and West Tellus contracts should support second-half free cash flow. Seadrill Stock PerformanceShares of NYSE:SDRL opened at $45.75 on Tuesday. Seadrill Announces Second Quarter 2026 ResultsThe company increased its full-year 2026 revenue guidance to approximately , supporting expectations for stronger operating performance.