Seadrill announces Q2FY26 earnings release date

0 min read     Updated on 15 Jul 2026, 03:37 AM
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Shriram SScanX News Team
AI Summary

Seadrill Limited will announce its Q2FY26 results on August 10 before the NYSE opens. A conference call is scheduled for 08:00 CT to discuss the earnings. The event will be webcast live, with a replay available on the company's website.

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Seadrill Limited will report its second quarter 2026 results on Monday, August 10, prior to the NYSE opening for trading. The company will host a conference call to discuss the financial performance at 08:00 CT / 15:00 CET on the same day.

Conference Call Details

Interested participants may join the call by dialing +1 (833) 461-5787 (Conference ID: 296 907 442) at least 15 minutes prior to the scheduled start time. Seadrill will webcast the call live on the Investor Relations section of its website, where a replay will be available afterwards.

Event Time (CT) Time (CET) Access
Q2FY26 Earnings Release Pre-market Pre-market NYSE Website
Conference Call 08:00 15:00 +1 (833) 461-5787

About Seadrill

Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies.

How will Seadrill's Q2 2026 results reflect the current demand trends in deepwater drilling?

What impact could fluctuating oil prices have on Seadrill's future contract negotiations?

Will Seadrill announce any new fleet expansions or technological upgrades during the call?

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Seadrill extends $500 million buyback program to December 31, 2026

1 min read     Updated on 23 Jun 2026, 02:15 AM
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Reviewed by
Suketu GScanX News Team
AI Summary

Seadrill Limited extended its $500 million share repurchase program to December 31, 2026, following Board authorization on June 22, 2026. The program, originally set to end on June 25, 2026, had approximately $208 million remaining available as of June 19, 2026. Repurchases may be executed via various methods, including open market and block trades, subject to market conditions and regulatory requirements.

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Seadrill Limited has extended its share repurchase program to December 31, 2026, to continue delivering shareholder returns. The Board of Directors authorized the extension on June 22, 2026, pushing the deadline from the previous termination date of June 25, 2026. As of June 19, 2026, approximately $208 million of the $500 million authorized amount remained available under the Repurchase Program.

The program allows the company to repurchase shares through open market purchases, privately negotiated purchases, block trades, tender offers, accelerated share repurchase transactions, or derivative transactions. Seadrill is under no obligation to purchase any specific number of shares, and the timing, pricing, and volume of repurchases will depend on market conditions, financial position, and capital requirements.

Repurchase Program Details

Detail Information
Total Authorized Amount $500 million
Remaining Available (June 19, 2026) $208 million
Previous Termination Date June 25, 2026
New Termination Date December 31, 2026

While the program has a fixed expiration date, it may be modified, suspended, or discontinued at any time. Repurchase activities may be influenced by statutory solvency requirements, debt agreement restrictions, and competing uses for cash. Seadrill provides deepwater oil and gas drilling services to national, integrated, and independent oil companies.

How will Seadrill prioritize the remaining $208 million in share repurchases against potential capital investments in new drilling rigs?

What impact will current market conditions in the deepwater drilling sector have on the timing and volume of the repurchases?

Could Seadrill face any debt agreement restrictions that might limit its ability to execute the full remaining repurchase authorization?

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