Seadrill Ltd

Seadrill Ltd. provides offshore drilling services. It owns and operates drillships, semi-submersibles and jack-ups. Its operating business segments include: Harsh Environment Rigs, Floaters and Jack-Up Rigs. The Harsh Environment Rigs segment operates both semi-submersibles and jack-ups that have a number of design modifications to be able to handle to weather conditions. The Floaters segment encompasses its drillships and benign environment semi-submersible rigs. The Jack-Up Rigs segment operates mobile, self-elevating drilling platforms equipped with legs that are lowered to the seabed. Seadrill was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

Earnings data Q4 2019

Earnings data Q1 2020

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Seadrill reports robust Q1 earnings, navigates market challenges strategically

Seadrill's Q1 2024 performance reflects a strong start with revenue and EBITDA growth. The company's focus on fleet integration, contract securing, and share repurchases align with market opportunities and challenges.

Seadrill adjusts full-year guidance amidst contracting challenges and market confidence

Seadrill navigates challenges in the contracting environment by focusing on operational performance and maintaining a strong balance sheet. Revised full-year EBITDA guidance reflects updated contract start date expectations and softer rig contracting outlook.

Seadrill exceeds Q3 expectations, navigates market challenges for growth

Seadrill's Q3 2024 earnings call showcased strong financial performance, operational efficiency, and strategic initiatives. Despite market challenges, the company is well-positioned to capitalize on growth opportunities. Continued focus on cost management and operational optimization will drive future success.

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Seadrill Ltd. engages in the provision of offshore drilling services. It owns and operates drillships, semi-submersibles and jack-ups. It operates through the following segments: Harsh Environment, Floaters, and Jack-Up Rigs. The Harsh Environment segment operates both semi-submersibles and jack-ups that have a number of design modifications to be able to handle harsh weather conditions. The Floaters segment encompasses its drillships and benign environment semi-submersible rigs. The Jack-Up Rigs segment operates mobile, self-elevating drilling platforms equipped with legs that are lowered to the seabed. The company was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

Seadrill recently reported an earnings beat largely based on one-time non-operational revenues. SDRL's painful history includes two bankruptcies since 2016.

Seadrill Limited Might Finally Be Investable

Seadrill Limited (NYSE:SDRL ) Q4 2022 Results Conference Call April 5, 2023 9:00 AM ET Company Participants David Warwick - IR Simon Johnson - President and CEO Grant Creed - EVP and CFO Leif Nelson - EVP and Chief Operating and Technology Officer Samir Ali - EVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Matt Polyak - Hummingbird Capital David Warwick Hello, everyone, and welcome to Seadrill's Q4 2022 earnings call and webcast. My name is David Warwick, and I'm the Director of Investor Relations for the company.

Seadrill Limited (SDRL) Q4 2022 Earnings Call Transcript

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The 7 Most Undervalued Energy Stocks to Buy in April 2023

HAMILTON, Bermuda , April 5, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL), a leader in offshore drilling, provides financial results for the three months ended December 31, 2022. Q4 2022 Highlights Seadrill relisted its common shares on the New York Stock Exchange ("NYSE") with trading commencing on October 14, 2022, and following the NYSE relisting Seadrill's status on the Euronext Expand changed from a primary listing to a secondary listing.

Seadrill Limited (SDRL) - Fourth Quarter 2022

HAMILTON, Bermuda , April 3, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill") (NYSE: SDRL) (OSE: SDRL) today announces that it has completed its acquisition of Aquadrill LLC ("Aquadrill"; and together with Seadrill, the "Company"). As a result of the transaction, Aquadrill became a wholly owned subsidiary of Seadrill.

Seadrill completes Aquadrill LLC acquisition

HAMILTON, Bermuda , March 31, 2023 /PRNewswire/ -- Reference is made to the previous stock exchange announcements published by Seadrill Limited (NYSE: SDRL) (OSE: SDRL) ("Seadrill" or the "Company") regarding the proposed all-stock acquisition of Aquadrill LLC ("Aquadrill") (the "Transaction"). Pursuant to and in accordance with Article 1 (5) (f) of Regulation (EU) 2017/1129 and the European Commission's delegated regulation (EU) 2021/528 of December 16, 2020, Seadrill has prepared an exempted document describing key features of the Transaction (the "Exempted Document").

Seadrill Limited - Publication of Exempted Document in relation to the proposed Aquadrill LLC acquisition

HAMILTON, Bermuda , March 30, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announces that its 4Q22 earnings will be published on Wednesday April 05, 2023. Seadrill's executive management team will host a virtual presentation on the same day (Wednesday April 05, 2023) at 9:00am EST / 2:00pm BST / 3:00pm CET.

Seadrill announces Notice of 4Q22 Earnings Release and Presentation

HAMILTON, Bermuda , March 22, 2023 /PRNewswire/ -- Seadrill Limited (NYSE: SDRL) (OSE: SDRL) ("Seadrill" or the "Company") announces that the 2022 Annual General Meeting of the Shareholders of the Company was held on March 21, 2023 at 10:00a.m., at the Rosewood Hotel, Bermuda.

Seadrill Limited - Results of the 2022 Annual General Meeting of Shareholders

HAMILTON, Bermuda , March 13, 2023 /PRNewswire/ -- Attached is a copy of a letter from Seadrill Limited (NYSE: SDRL) (OSE: SDRL) ("Seadrill" or the "Company") to its shareholders in response to proxy advisory service recommendations in connection with the upcoming Annual General Meeting of the Company to be held on March 21, 2023. This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Seadrill Limited - Letter to Shareholders

HAMILTON, Bermuda , March 7, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announces that the West Neptune has executed approximately six months of term extensions with LLOG Exploration Offshore, L.L.C ("LLOG") in the US Gulf of Mexico. The extensions will commence in direct continuation of the existing term, and will keep the rig busy until Q3 2024, furthering Seadrill and LLOG's long-term association.

Seadrill announces West Neptune extension

HAMILTON, Bermuda , Feb. 28, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) announces that it has filed a registration statement on Form F-4 that includes a prospectus of Seadrill (the "Registration Statement") with the U.S. Securities and Exchange Commission ("SEC") in connection with the issuance of common shares to certain Aquadrill LLC ("Aquadrill") unitholders and equity award holders in regard to the proposed all-stock acquisition of Aquadrill (the "Transaction") originally announced on December 22, 2022. The Registration Statement has not been declared effective by the SEC.

Seadrill provides update on proposed Aquadrill LLC acquisition

HAMILTON, Bermuda , Feb. 17, 2023 /PRNewswire/ -- Seadrill Limited (NYSE: SDRL) (OSE: SDRL) ("Seadrill" or the "Company"), further to its first announcement on 27 December 2022, announces that the 2022 Annual General Meeting of the shareholders of Seadrill will be held in Bermuda on March 21, 2023, and that copies of the 2022 Notice of Annual General Meeting and Proxy Statement can be found on our website at www.seadrill.com and are each attached to this press release. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clients across harsh and benign locations around the globe.

SDRL - Notice of 2022 Annual General Meeting

HAMILTON, Bermuda , Jan. 25, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (OSE: SDRL) is pleased to announce the appointment of Ana Zambelli as a new board director. Ms. Zambelli brings significant industry experience to the Company, with more than 20 years' experience in the energy services sector in operational, commercial and finance roles.

SDRL - Change to Board of Directors

HAMILTON, Bermuda , Dec. 27, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (OSE: SDRL) announces today that, in accordance with its bye-laws, it has scheduled its Annual General Meeting of Shareholders in respect of the 2022 calendar year. The 2022 Annual General Meeting shall be held in Bermuda on 21 March 2023.

SDRL: 2022 Annual General Meeting of Shareholders

Company to acquire the remains of its former Seadrill Partners subsidiary in an all-stock deal valued at close to $1 billion. Transaction will add important exposure to the U.S. Gulf of Mexico and significantly improve Seadrill's earnings and cash flow generation potential.

Seadrill To Acquire Former Subsidiary Aquadrill - Good Strategic Move At A Reasonable Price

HAMILTON, Bermuda , Dec. 23, 2022 /PRNewswire/ -- Seadrill Limited (NYSE: SDRL) (OSE: SDRL) ("Seadrill") and Aquadrill LLC ("Aquadrill"; and together with Seadrill, the "Company") today announced that they have entered into a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. Upon completion of the transaction Seadrill shareholders and Aquadrill unitholders will own 62% and 38%, respectively, of the outstanding common shares in the Company.

Seadrill Limited Announces Agreement to Acquire Aquadrill LLC in All-Stock Transaction

HAMILTON, Bermuda , Nov. 30, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL), a leader in offshore drilling, provides financial results for the three months ended September 30, 2022. 3Q 2022 Highlights Strong operational performance in 3Q 2022, resulting in 98% technical utilization.

Seadrill Limited (SDRL) - Third Quarter 2022 Results

HAMILTON, Bermuda , Nov. 17, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (OSE: SDRL) announces that it has successfully uplisted from Euronext Expand to the main list of the Oslo Stock Exchange ("OSE"). The first day of trading of Seadrill's common shares at the OSE is today, 17 November 2022.

Seadrill Limited commences trading on the Oslo Stock Exchange

HAMILTON, Bermuda , Nov. 16, 2022 /PRNewswire/ -- Reference is made to the stock exchange announcement published by Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (OSE: SDRL) on 27 April 2022 regarding the approval and publication of a prospectus prepared in connection with the listing of the Company's shares on Euronext Expand and the contemplated subsequent transfer to, and listing on, the Oslo Stock Exchange (the "Prospectus"). The Financial Supervisory Authority of Norway (Nw.

Seadrill Limited announces approval and publication of a prospectus supplement, and admission to trading on the Oslo Stock Exchange

HAMILTON, Bermuda , Nov. 3, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (XOAS: SDRL) is pleased to announce a new extension has been secured by Sonadrill Holding Ltd ("Sonadrill"), Seadrill's 50:50 joint venture with an affiliate of Sonangol E.P. ("Sonangol").

Seadrill Limited Announces New Contract in Angola for Seadrill Joint Venture

HAMILTON, Bermuda , Nov. 1, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE: SDRL) (XOAS: SDRL) announces that its 3Q22 earnings will be published on Wednesday November 30, 2022. Seadrill's executive management team will host a virtual presentation on the same day (Wednesday November 30, 2022) at 9:00am EST / 2:00pm BST / 3:00pm CET.

Seadrill announces Notice of 3Q22 Earnings Release and Presentation

HAMILTON, Bermuda , Oct. 21, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (XOAS: SDRL) announces today that it has entered into binding Share Purchase Agreements ("SPAs") under which it will sell its entire 35% shareholding in Paratus Energy Services Limited (formerly Seadrill New Finance Limited) and certain other interests ("Sale").  Paratus Energy Services Limited is the entity through which investments in SeaMex Group, Seabras Sapura and Archer Ltd are held.

Seadrill Limited announces sale of shareholding in Paratus Energy Services Limited

HAMILTON, Bermuda, Jan. 20, 2022 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTCPK: SDRLF) and the Issuer today announce that the Issuer has emerged from chapter 11 after successfully completing its pre-packaged restructuring pursuant to its chapter 11 plan of reorganization (the "Plan").  As previously announced, the Plan was confirmed by the United States Bankruptcy Court for the Southern District of Texas on January 12, 2022.

Seadrill New Finance Limited (to be renamed Paratus Energy Services Ltd.) (the "Issuer") Announces Emergence from Chapter 11

HAMILTON, Bermuda, July 2, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL) (OTCPK: SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on June 18, 2021, the Issuer and certain of its subsidiaries have today agreed key commercial terms for a comprehensive restructuring of the Issuer and entered into a restructuring support agreement ("RSA") with approximately 79 per cent. in value of the holders of the Issuer's 12.0% senior secured notes due 2025 (the "Notes") pursuant to which the parties thereto have agreed to the terms of the restructuring.

Seadrill New Finance Limited (the "Issuer") - Update on Restructuring Discussions and Proposed Consent Solicitation Launch

HAMILTON, Bermuda, June 18, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce that, further to the announcement made by Seadrill and the Issuer on June 11, 2021, the Issuer is in advanced discussions with certain holders of the Issuer's 12.0% senior secured notes due 2025 (the "Notes") around a proposed restructuring of the Notes.  Further to the announcement on June 11, 2021, this announcement also provides an update on the provisional liquidation process in respect of SeaMex Ltd.

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