Seadrill (SDRL -1.5%) opens lower after its Q3 profit surged on stronger revenue but results...

|About: Seadrill Limited (SDRL)|By:, SA News Editor

Seadrill (SDRL -1.5%) opens lower after its Q3 profit surged on stronger revenue but results missed Wall Street estimates. In its conference call, SDRL says operational performance so far in Q4, while still being impacted by subsea issues experienced in Q3, is trending back to normal, and it anticipates significant improvement in Q4 results.