How often does Seadrill move more than the options market prices?

0 of the last 6 reports moved at least as far as the implied move.

SDRLNYSEDrilling Oil & Gas Wells

Seadrill Ltd (SDRL) earnings date, market-implied expected move, and options open interest by expiry

46.36

−1.37 · −2.87%

post 48.38 +4.35%

After hours16:15 ETdelayed

Open48.00Volume813,050Mkt cap$3.0BP/E2985.10

Day46.36 – 48.38100%52-wk28.10 – 55.4774%

SDRL

Seadrill Ltd

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Feb 24

after close · in 113 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 3

after close

confirmedNov 2 closethin chain

Implied vs realized

Linked news

1hTALO · customerTalos Energy posts Q3 production 68.5 MBo/d, 91.5 MBoe/d; raises FY2026 guidance
5dPBR · customerPetrobras confirms oil discovery in Morpho well in ultra-deep waters off Amapá

News

Largest filed tie

13F top-10 QoQ

−2.03%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

237 managers

Top fund weight

0.08%

SDRL weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Seadrill (SDRL) is expected to report on Feb 24 after close (estimated date).

Implied vs realized

7 reports

0 of 6≥ implied

avg implied: ±8.4%
avg realized: ±4.5%

Feb 26 '25Feb 26 '25confirmed±11.0%▼−5.56%×0.51

May 12 '25May 12 '25confirmed±5.5%▲+2.47%×0.45

Aug 6 '25Aug 6 '25confirmed±5.7%▼−4.96%×0.87

Q3 FY25Nov 5 '25confirmed±11.3%▼−6.05%×0.53

Q1 FY26Feb 25 '26confirmed±10.0%▼−4.33%×0.43

May 11 '26May 11 '26confirmed±7.1%▲+3.39%×0.48

Q2 FY26Aug 10 '26confirmed—▲+8.14%—

quarterimplied−15%0+15%realized×

Q2 FY26—▲+8.14%—

May '26±7.1%+3.39%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 30 close

0.27OI · 3 expiries · Oct 30 closeP/C open interest · Nov 20 · nearest expiry

PUTS · chgexpiry · days · P/CCALLS · chgP/C

480%Nov 2017d176+1%

66+2%Dec 1845d0.16419+7%0.16

70+1%Jan 1573d0.49144+8%0.49

ExpiryPutsCallsP/C

Nov 2017d480%176+1%0.27

Dec 1845d66+2%419+7%0.16

Jan 1573d70+1%144+8%0.49

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ2 FY26

6.46%as filednet margin · revenue +25.42% QoQ · +19.10% YoY

Revenue

$449M+25.42% QoQ

Gross profit

$215M+28.74% QoQ

47.88% margin

Operating income

$72M+200.00% QoQ

16.04% margin

Pre-tax income

$41M+156.25% QoQ

Net income

$29M+514.29% QoQ

6.46% margin

Cost of revenue

$234M+22.51% QoQ

Operating expenses

$143M0.00% QoQ

Depreciation $72M

Other operating $42M

SG&A $29M

Other expense

$31M

Tax

$12M−47.83% QoQ

Revenue$449M+25.42%

Gross profit

$215M+28.74%

47.88% margin

Operating income

$72M+200.00%

16.04% margin

Pre-tax income

$41M+156.25%

Net income

$29M+514.29%

6.46% margin

Cost of revenue

$234M+22.51%

Operating expenses

$143M0.00%

Depreciation $72M

Other operating $42M

SG&A $29M

Other expense

$31M

Tax$12M−47.83%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:15 ET

Intraday

Event sensitivity

NFP ×1.49· ±3.0% vs ±2.0% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.0%5 of 10×1.49

CPIconsumer prices±1.7%6 of 11×0.83

GDPgross domestic product±1.6%8 of 20×0.80

FOMCrate decision±1.5%9 of 24×0.77

PCEpersonal income & outlays±1.4%8 of 20×0.71

PPIproducer prices±1.2%5 of 11×0.60

CPROFcorporate profits±1.1%5 of 12×0.54

Bar = avg |move| to ±3% · tick = ±2.0% avg day · ×base = |move| ÷ ±2.0% · min 6 releases

Earnings history

EPS 0.47 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 10 '26 · confirmed	0.47	—
Q1 FY26	Feb 25 '26 · confirmed	-0.11	—
Q3 FY25	Nov 5 '25 · confirmed	-0.17	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod