Seadrill Limited (SDRL)
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]
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 StatementsAnalyst 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.
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...
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.
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.
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.
Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call.
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...
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...
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.
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...
Seadrill Announces Second Quarter 2024 Results
HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill announces second quarter earnings results.
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 ...
Seadrill Announces Second Quarter 2024 Earnings Release and Conference Call
HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL announces earnings results and call date.
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.
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.
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.
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...
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.
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 ...
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%.
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.
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...
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...
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...
Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript
Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript
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...