Seadrill Limited (SDRL)

NYSE: SDRL · Real-Time Price · USD
40.34
+0.24 (0.60%)
Nov 18, 2024, 4:00 PM EST - Market closed
0.60%
Market Cap 2.63B
Revenue (ttm) 1.47B
Net Income (ttm) 418.00M
Shares Out 65.27M
EPS (ttm) 5.72
PE Ratio 7.06
Forward PE 21.91
Dividend n/a
Ex-Dividend Date n/a
Volume 776,230
Open 40.55
Previous Close 40.10
Day's Range 39.68 - 40.81
52-Week Range 34.74 - 56.46
Beta 1.58
Analysts Strong Buy
Price Target 66.25 (+64.23%)
Earnings Date Nov 12, 2024

About SDRL

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. The company owns and operates drill ships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was formerly known as Seadrill 2021 Limited. The company was founded in 2005 and is based in Hamilton, Bermuda. [Read more]

Sector Energy
Founded 2005
Employees 2,505
Stock Exchange NYSE
Ticker Symbol SDRL
Full Company Profile

Financial Performance

In 2023, Seadrill's revenue was $1.47 billion, an increase of 50.46% compared to the previous year's $977.00 million. Earnings were $300.00 million, a decrease of -92.32%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for SDRL stock is "Strong Buy." The 12-month stock price forecast is $66.25, which is an increase of 64.23% from the latest price.

Price Target
$66.25
(64.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Seadrill Limited (SDRL) Q3 2024 Earnings Call Transcript

Start Time: 09:00 January 1, 0000 9:43 AM ET Seadrill Limited (NYSE:SDRL) Q3 2024 Earnings Call November 13, 2024, 09:00 AM ET Company Participants Simon Johnson - President and CEO Grant Creed - EVP...

5 days ago - Seeking Alpha

Seadrill Announces Third Quarter 2024 Results and Increases Full-Year Guidance

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill (NYSE: SDRL) today announced its third quarter 2024 results and revised 2024 guidance.

6 days ago - Business Wire

Seadrill Stock Surges on Report of Transocean Merger Talks

The two offshore oil drilling companies have discussed how to structure a potential merger, according to a report.

Other symbols: RIG
25 days ago - Barrons

Seadrill stock jumps on report of talks with Transocean

Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.

Other symbols: RIG
26 days ago - Market Watch

Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call.

4 weeks ago - Business Wire

Seadrill: Potential M&A, Industry Tailwinds Will Support Growth Acceleration

Initiating coverage on Seadrill Limited with a "Buy" rating and a 12-18 month investment horizon due to attractive valuation and positive industry tailwinds. Positive industry outlook driven by expect...

2 months ago - Seeking Alpha

Seadrill and Oil States Announce Strategic Collaboration to Enhance Offshore Managed Pressure Drilling (MPD) Operations

HOUSTON--(BUSINESS WIRE)--Seadrill Limited (“Seadrill”) (NYSE: SDRL), a global leader in oil and gas offshore drilling, and Oil States International, Inc. (“Oil States”) (NYSE: OIS), a global provider...

Other symbols: OIS
2 months ago - Business Wire

Seadrill Announces Completion of Delisting of Shares on Oslo Stock Exchange

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Completion of Delisting of Shares on Oslo Stock Exchange.

2 months ago - Business Wire

Seadrill Q2 2024: Mixed Results, Exacerbated By A Lowered Guidance, Reiterate Buy

Seadrill reporting mixed earnings results, coupled with a lowered guidance, put pressure on the stock price. Demand has not yet materialized into more contract awards. This is attributed to several re...

3 months ago - Seeking Alpha

Seadrill Announces Second Quarter 2024 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill announces second quarter earnings results.

3 months ago - Business Wire

Seadrill: Re-Contracting At Higher Dayrates Will Drive The Stock Price

Seadrill is an offshore drilling company focusing on the floater market, with its fleet primarily located in the Deepwater Golden Triangle. Demand for offshore rigs will remain robust due to high oil ...

4 months ago - Seeking Alpha

Seadrill Announces Second Quarter 2024 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL announces earnings results and call date.

4 months ago - Business Wire

Seadrill Initiates Extension of Share Repurchase Program

HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL announced that it has continued progress on its share repurchase program, as part of its ongoing commitment to deliver shareholder returns.

5 months ago - Business Wire

Seadrill Completes Divestment of Jack-Up Rigs

HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL completed the previously disclosed sale of three jack-up rigs and its 50% equity interest in the joint venture that operates them.

5 months ago - Business Wire

Seadrill Announces Voluntary Delisting from Oslo Stock Exchange, Following Oslo Bors Approval

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill will delist from Oslo Stock Exchange September 10, now that Oslo Bors has approved the Company's delisting.

5 months ago - Business Wire

Seadrill: Expect More Buybacks Following Qatar Jackup Fleet Sale - Buy

Last month, leading offshore driller Seadrill reported Q1/2024 results largely in line with expectations. In recent quarters, the company has repurchased 10.4 million common shares for aggregate consi...

5 months ago - Seeking Alpha

Seadrill Enters Agreement to Sell its Qatar Jack-Up Fleet and Expands Share Repurchase Program

HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL enters definitive agreement to sell three jack-up rigs. Concurrently, SDRL announces Board increased aggregate repurchase authorization.

6 months ago - Business Wire

Seadrill Limited (SDRL) Q1 2024 Earnings Call Transcript

Seadrill Limited (NYSE:SDRL) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Lydia Mabry - Director of Investor Relations Simon Johnson - President and Chief Executive ...

6 months ago - Seeking Alpha

Seadrill Announces First Quarter 2024 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill delivered operating profit of $80 million and Adjusted EBITDA of $124 million on $367 million of revenue, for an EBITDA Margin of 33.8%.

6 months ago - Business Wire

Seadrill Announces Two New Drillship Commitments

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill announced two new contract awards for its drillships, the West Capella and the West Neptune.

6 months ago - Business Wire

Seadrill Announces First Quarter 2024 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its first quarter 2024 results on Tuesday, May 14 after the NYSE closes for trading. T...

7 months ago - Business Wire

Seadrill Limited Files its 2023 Annual Report on Form 20-F

HAMILTON, Bermuda--(BUSINESS WIRE)--March 27, 2024 -- Seadrill Limited (“Seadrill” or the “Company”) (NYSE & OSE: SDRL) today announced that it has filed its annual report on Form 20-F for the year en...

8 months ago - Business Wire

Seadrill: Prepare For Earnings Inflection Next Year, Buy

Leading offshore driller Seadrill reported fourth quarter and full-year 2023 results in line with management's projections. While the company generated $92 million in free cash flow, margins were impa...

8 months ago - Seeking Alpha

Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript

Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

Seadrill Announces Fourth Quarter and Full Year 2023 Results

HAMILTON, Bermuda--(BUSINESS WIRE)--February 28, 2024 -- Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) today reported its fourth quarter and full year 2023 results. Quarterly highl...

9 months ago - Business Wire