Seadrill Limited (SDRL)

NYSE: SDRL · IEX Real-Time Price · USD
43.07
+0.03 (0.07%)
At close: Feb 27, 2024, 4:00 PM
43.09
+0.02 (0.05%)
After-hours: Feb 27, 2024, 7:01 PM EST
0.07%
Market Cap 3.09B
Revenue (ttm) 1.32B
Net Income (ttm) 476.00M
Shares Out 74.05M
EPS (ttm) 7.93
PE Ratio 0.70
Forward PE 15.77
Dividend n/a
Ex-Dividend Date n/a
Volume 504,627
Open 43.19
Previous Close 43.04
Day's Range 42.28 - 43.23
52-Week Range 33.78 - 50.73
Beta n/a
Analysts Strong Buy
Price Target 64.00 (+48.6%)
Earnings Date Feb 28, 2024

About SDRL

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. 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 incorporated in 2005 and ... [Read more]

Sector Energy
Founded 2005
Employees 2,600
Stock Exchange NYSE
Ticker Symbol SDRL
Full Company Profile

Financial Performance

In 2021, Seadrill's revenue was $907.00 million, a decrease of -5.62% compared to the previous year's $961.00 million. Losses were -$587.00 million, -87.40% less than in 2020.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SDRL stock is "Strong Buy." The 12-month stock price forecast is $64.0, which is an increase of 48.60% from the latest price.

Price Target
$64.0
(48.60% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Seadrill Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--February 5, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its fourth quarter and full year 2023 results on Wednesday, Februar...

23 days ago - Business Wire

Seadrill Provides Commercial Updates on West Vela, West Capella, and West Auriga

HAMILTON, Bermuda--(BUSINESS WIRE)--January 29, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces multiple contract awards totalling approximately $97.5 million in val...

4 weeks ago - Business Wire

Seadrill 2024 Annual General Meeting of Shareholders

HAMILTON, Bermuda--(BUSINESS WIRE)--January 23, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces today that, in accordance with its bye-laws, the Board has confirmed ...

5 weeks ago - Business Wire

Seadrill Announces Contracts for West Auriga and West Polaris in Brazil

HAMILTON, Bermuda--(BUSINESS WIRE)--December 22, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that Petrobras has awarded 1,064-day fixed-term contracts to e...

2 months ago - Business Wire

Seadrill Limited Announces Organizational Change

HAMILTON, Bermuda--(BUSINESS WIRE)--December 14, 2023-- As previously announced, Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) has decided to close its London, England office and c...

2 months ago - Business Wire

Seadrill Limited Initiates New Share Buy-back Program

HAMILTON, Bermuda--(BUSINESS WIRE)--December 14, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) recently completed its $250 million share repurchase program which was announc...

2 months ago - Business Wire

Seadrill Announces Third Quarter 2023 Results and Additional $250 Million Share Repurchase Authorization

HAMILTON, Bermuda--(BUSINESS WIRE)--November 27, 2023 -- Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) today reported its third quarter 2023 results, which reflect strong performan...

3 months ago - Business Wire

Horizonte Minerals PLC Announces BOARD AND MANAGEMENT CHANGES

LONDON, UK / ACCESSWIRE / November 27, 2023 / Horizonte Minerals Plc (AIM:HZM)(TSX:HZM) ("Horizonte" or the "Company") the nickel development company, announces the following changes to its board of d...

Other symbols: IAG
3 months ago - Accesswire

Seadrill Limited – Results of the 2023 Annual General Meeting of Shareholders

HAMILTON, Bermuda--(BUSINESS WIRE)--November 17, 2023-- Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) announces that the 2023 Annual General Meeting of the Shareholders of the Comp...

3 months ago - Business Wire

David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings

David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in t...

3 months ago - Market Watch

Top 4 Energy Stocks That Are Set To Fly This Month - Chevron (NYSE:CVX), Dawson Geophysical (NASDAQ:DWSN)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: CVXDWSNWKC
4 months ago - Benzinga

Seadrill Announces Third Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--October 24, 2023-- Seadrill Limited ("Seadrill” or the “Company") (NYSE & OSE: SDRL) will report third quarter 2023 results on Monday, November 27 after the NYSE cl...

4 months ago - Business Wire

Seadrill Announces Approval of Restated Management Incentive Plan and New Incentive Awards

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Approval of Restated Management Incentive Plan and New Incentive Awards.

5 months ago - Business Wire

Seadrill Announces Update to 2023 Annual General Meeting of Shareholders

HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill has changed the date of its Annual General Meeting of Shareholders from November 16, 2023, as previously announced, to November 17, 2023.

5 months ago - Business Wire

Seadrill Limited Initiates Previously Announced Share Repurchase Program

HAMILTON, Bermuda , Sept. 12, 2023 /PRNewswire/ -- As previously announced, the Board of Directors of Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) authorized a share repurch...

6 months ago - PRNewsWire

Seadrill 2023 Annual General Meeting of Shareholders

HAMILTON, Bermuda , Aug. 25, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announces today that, in accordance with its bye-laws, the Board has confirmed...

6 months ago - PRNewsWire

Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization

Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill ...

7 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Closing of $500 Million Senior Secured Second Lien Notes and Concurrent Availability of New Revolving Credit Facility

HAMILTON, Bermuda , July 27, 2023 /PRNewswire/ -- On July 27, 2023, Seadrill Limited (the "Company") (NYSE & OSE: SDRL) and its wholly owned subsidiary, Seadrill Finance Limited ("Seadrill Finance" or...

7 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Pricing of Additional $75 Million 144A / Reg S Offering of 8.375% Senior Secured Second Lien Notes Due 2030

HAMILTON, Bermuda , July 25, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) and its wholly owned subsidiary, Seadrill Finance Limited ("Seadrill Finance")...

7 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Offering of Additional $75 Million 8.375% Senior Secured Second Lien Notes Due 2030

HAMILTON, Bermuda , July 25, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announced today that, subject to market conditions, it intends to offer (the "...

7 months ago - PRNewsWire

Seadrill Limited Announces Second Quarter 2023 Earnings Release Date

HAMILTON, Bermuda , July 20, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) will report earnings for the second quarter of 2023 on Tuesday, August 15, 202...

7 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Pricing of $500 Million Upsized 144A / Reg S Offering of 8.375% Senior Secured Second Lien Notes Due 2030

HAMILTON, Bermuda , July 13, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) and its wholly owned subsidiary, Seadrill Finance Limited ("Seadrill Finance")...

8 months ago - PRNewsWire

Seadrill Limited (SDRL) Provides Further Information Regarding New Revolving Credit Facility and Certain Other Information Regarding Offering of Senior Secured Second Lien Notes

HAMILTON, Bermuda , July 11, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) provides further information regarding the Revolving Credit Facility (as defin...

8 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Offering of $450 Million Senior Secured Second Lien Notes and Concurrent Entry into New Revolving Credit Facility

HAMILTON, Bermuda , July 11, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announced today that, subject to market conditions, it intends to offer (the "...

8 months ago - PRNewsWire

Seadrill Limited (SDRL) Announces Potential Sale of Qatar Jack-Up Fleet

HAMILTON, Bermuda , June 26, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) today announces that it is in active discussions to sell (i) the jack-up rigs ...

8 months ago - PRNewsWire