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Stock impact report

Seadrill Announces Fourth Quarter and Full Year 2023 Results

Seadrill Limited Common Shares (SDRL) 
Last seadrill limited common shares earnings: 8/25 04:01 pm Check Earnings Report
US:NYSE Investor Relations: seadrill.com/investor-relations.aspx
Company Research Source: Business Wire
HAMILTON, Bermuda--(BUSINESS WIRE)--February 28, 2024 -- Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) today reported its fourth quarter and full year 2023 results.Quarterly highlightsDelivered full-year operating profit of $329 million and full-year Adjusted EBITDA(1) of $495 million, in line with guidanceReported fourth quarter Adjusted EBITDA(1) of $100 million, consistent with management expectationsSecured market-leading contracts in both Brazil and the U.S. Gulf of Mexico, representing some of the highest dayrates achieved so far in this market cycleAs of February 27, 2024, completed $342 million of share repurchases, representing 11% of its share capital, as part of its share repurchase program initiated in September 2023 and expanded in December 2023Financial highlights Three months endedFigures in USD million, unless otherwise indicatedDecember 31, 2023September 30, 2023Total Operating Revenues408414Contract Revenues315324Operating Profit52117Adjusted Show less Read more
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