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Seadrill Q2 Earnings Call Highlights
['Mon', 'August', 'At Pm Gmt', 'Min Read']
Yahoo Finance
Seadrill now expects 2026 operating revenue of $1.5 billion to $1.55 billion, excluding $50 million of reimbursable revenue, and EBITDA of $420 million to $450 million.
The offshore drilling contractor reported second-quarter operating revenue of $449 million and adjusted EBITDA of $144 million.
Seadrill expects to collect a $40 million mobilization payment from Petrobras for the West Tellus in the third quarter.
In West Africa, the Sonadrill joint venture's three rigs delivered technical uptime above 99% in the second quarter, according to Ali.
The article "Seadrill Q2 Earnings Call Highlights" was originally published by MarketBeat.