Seadrill: Seadrill Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2024

Seadrill Limited reported earnings results for the fourth quarter and full year ended December 31, 2024. For the fourth quarter, the company reported sales was USD 212 million compared to USD 326 million a year ago. Revenue was USD 289 million compared to USD 408 million a year ago. Net income was USD 101 million compared to USD 73 million a year ago. Basic earnings per share from continuing operations was USD 1.58 compared to USD 0.97 a year ago. Diluted earnings per share from continuing operations was USD 1.54 compared to USD 0.95 a year ago. For the full year, sales was USD 1,063 million compared to USD 1,187 million a year ago. Revenue was USD 1,385 million compared to USD 1,502 million a year ago. Net income was USD 446 million compared to USD 300 million a year ago. Basic earnings per share from continuing operations was USD 6.56 compared to USD 4.23 a year ago. Diluted earnings per share from continuing operations was USD 6.37 compared to USD 4.12 a year ago.