Seadrill Limited (SDRL)

NYSE: SDRL · IEX Real-Time Price · USD
55.06
-0.28 (-0.51%)
Jul 26, 2024, 4:00 PM EDT - Market closed
-0.51%
Market Cap 3.77B
Revenue (ttm) 1.60B
Net Income (ttm) 317.00M
Shares Out 68.44M
EPS (ttm) 4.03
PE Ratio 13.45
Forward PE 18.45
Dividend n/a
Ex-Dividend Date n/a
Volume 689,738
Open 55.86
Previous Close 55.34
Day's Range 54.84 - 56.46
52-Week Range 38.60 - 56.42
Beta 1.63
Analysts Strong Buy
Price Target 66.60 (+20.96%)
Earnings Date Aug 5, 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 $66.6, which is an increase of 20.96% from the latest price.

Price Target
$66.6
(20.96% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Seadrill Announces Second Quarter 2024 Earnings Release and Conference Call

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

14 days 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.

4 weeks 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.

4 weeks 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.

7 weeks ago - Business Wire

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.

2 months ago - Business Wire

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%.

2 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.

2 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...

3 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...

4 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months 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...

6 months 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 ...

6 months 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...

7 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...

8 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...

8 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...

8 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
8 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...

9 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...

9 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
9 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...

9 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.

10 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.

11 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...

11 months ago - PRNewsWire