Seadrill (SDRL) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $0.47
- Estimate
- $0.28
- Surprise
- +68.3%
- Revenue (period 2026-06-30)
- $355.0M
- Score at report (before → after)
- 5.8 → 6.4/10
Revenue source: xbrl.
How the report landed
Seadrill (SDRL) beat the $0.28 estimate with adjusted EPS of $0.47 — a large 68.3% upside surprise. TrendMatrix's engine moved from Sell (5.8/10) to Hold at 6.4/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates SDRL Sell at 6.0/10.
2 of the last 4 quarters beat the estimate; this quarter's +68.3% surprise compares with a -71.2% four-quarter average. Next scheduled report: 2026-11-04.
What supports the rating
- Sector modifier (Energy): +1.2
- Attractive valuation
What argues against it
- Analyst target reached - limited upside remaining
- V7 low-quality RISK_OFF penalty: -0.5 (Q=5.0)
- Consecutive earnings misses (2)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $47.06
- Price target
- $50.06
- Stop
- $44.45
- Upside to target
- +6.4%
The stock trades at 1547.7× trailing but 13.8× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-24 — shown for context, not personalized investment advice.
SDRL at TrendMatrix's latest read
Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.
- Industry
- Oil & Gas Drilling
- Market cap
- $2.90B
- P/E (fwd)
- 13.8
- P/E (ttm)
- 1547.7
- 52-week range
- $28.10–$55.47
- Off 52-week high
- 15.2%
- RSI (14)
- 37
- Volume vs avg
- 0.05×
- Score today
- 6.0/10