By the Top Tier Newswire AI Desk · August 10, 2026 at 9:34 AM ET · reviewed against 4 wire stories
SEADRILL 2021 LTD (SDRL) is up +5.61% in the latest session. Our newswire has captured 4 stories on SDRL across 4 sources in the last 36 hours, with AI sentiment reading bullish (avg 67/100).
Why SDRL stock is up today
SDRL stock rose 6.13% to $45.97 in the session, driven by Seadrill’s Q2 2026 earnings report that exceeded estimates and raised full-year guidance. The offshore drilling provider reported adjusted EBITDA of $144 million and boosted its FY2026 revenue outlook to $1.50 billion to $1.55 billion. The company also announced an extended stock buyback program through December 31, 2026, with $208 million remaining available for repurchases.
What Happened
Seadrill’s Q2 2026 results showed GAAP earnings per share of $0.47, surpassing the consensus estimate of $0.21. Revenue reached $449 million, beating expectations by $65.36 million. The company attributed the strong performance to higher dayrates and improved economic utilization. Seadrill also raised its full-year 2026 total operating revenue guidance, excluding $50 million in reimbursable revenue, and extended its buyback program. The results were disclosed in an SEC Form 8-K filing on August 10, 2026.
Recent insider transactions show three senior executives, SVP of Operations, the CFO, and SVP and General Counsel, sold shares between June 10 and June 12. Over the past 90 days, insiders have sold a total of $5.4 million in shares with no buy transactions recorded.
What The Data Shows
The stock opened with a 7.8% gap up at $46.61, reaching a high of $47.01 before settling at $46.00. Volume was light at 0.0 million shares, representing 0.1 times the 3-month average. The stock is currently trading within its 52-week range of $27.60 to $55.47. Despite the recent gains, Seadrill remains unprofitable with a trailing twelve-month EPS of -1.13 and a net margin of -5.0%.
What To Watch
The company’s improved guidance and buyback extension suggest continued focus on shareholder returns. Investors may look to future updates on contract backlog and operational performance as the year progresses.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.