Seadrill Ltd Files Q1 2025 10-Q
Ticker: SDRL · Form: 10-Q · Filed: May 12, 2025 · CIK: 1737706
Sentiment: neutral
Topics: 10-Q, financials, oil and gas, drilling
TL;DR
Seadrill's Q1 2025 10-Q is in. Check financials for fleet performance.
AI Summary
Seadrill Limited filed its 10-Q for the quarter ended March 31, 2025, reporting on its financial performance. The filing details revenues and expenses related to its offshore drilling operations, including specific figures for its fleet of rigs and vessels. The company's financial statements provide a snapshot of its assets, liabilities, and equity as of March 31, 2025, and comparative periods.
Why It Matters
This filing provides investors and analysts with the latest financial performance data for Seadrill, crucial for understanding the company's operational health and market position in the offshore drilling sector.
Risk Assessment
Risk Level: medium — The offshore drilling industry is subject to significant volatility due to commodity prices, geopolitical events, and capital expenditure cycles.
Key Numbers
- 2025 Q1 — Reporting Period (First quarter of 2025)
- 2024-03-31 — Comparative Period (First quarter of 2024)
Key Players & Entities
- Seadrill Ltd (company) — Filer of the 10-Q
- 20250331 (date) — End of the reporting period
- 20250512 (date) — Filing date
- DRILLING OIL & GAS WELLS [1381] (industry) — Standard Industrial Classification
FAQ
What were Seadrill's total revenues for the first quarter of 2025?
The filing does not explicitly state total revenues in the provided snippet, but it indicates reporting for the period 2025-01-01 to 2025-03-31.
What is Seadrill's Standard Industrial Classification code?
Seadrill's Standard Industrial Classification code is DRILLING OIL & GAS WELLS [1381].
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted on 20250512.
What is the reporting period for this 10-Q?
The conformed period of report is 20250331, indicating the first quarter of 2025.
What is the company's primary business activity according to its SIC code?
According to its SIC code, the company's primary business activity is DRILLING OIL & GAS WELLS.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 12, 2025 regarding Seadrill Ltd (SDRL).