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SDRLF - Seadrill GAAP EPS of -$0.18 revenue of $556M
Seadrill
Seadrill press release (OTCPK:SDRLF): 2H GAAP EPS of -$0.18. Revenue of $556M (+20.6% Y/Y). Adjusted EBITDA increased to $118M, representing 21.2% EBITDA margin. Cash and cash equivalents as at December 31, 2021 of $535M of which $312M was unrestricted cash. Backlog of $2.2bn, with over 8 years of term added in Brazil.