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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Shares of Seadrill (NYSE:SDRL) fell 13% in pre-market trading after the company reported Q1 results.

Seadrill: Q1 Earnings Insights

Diamond Offshore Drilling Inc

Noble Corp PLC

Transocean

Valaris Ltd

Almost all of the publicly traded companies in it are at risk of bankruptcy this year.

The Oil Stock Subsector That Turned $10,000 Into $77

Borr Drilling Ltd

Why Offshore Drilling Stocks Are Sinking Again

Just simply avoid any investment in this company until the second restructuring is completed.

Seadrill: How Long It Will Take This Time

Oceaneering

W&T Offshore

The escalations just intensified in the global crude oil price war, with another OPEC heavyweight announcing big output increases to come soon.

Offshore Oil Stocks Are Sinking Again as Crude Price War Escalates

Nabors Industries

The market seems firmly convinced that more pain is coming.

Offshore Oil Stocks Being Sunk as Crude Hits a Multiyear Low

Seadrill Limited (SDRL) CEO Anton Dibowitz on Q4 2019 Results - Earnings Call Transcript

Another bad day for crude oil has investors betting that oil drilling contractors will have a tough go of it.

Oil Driller Stocks Are Getting Crushed by Crude Oil Sell-Off

The major speculative upside move in shares appears to be fundamentally unwarranted.

Seadrill Shares Will Likely Fade From Current Levels

Seadrill (SDRL) news for Tuesday about an extension to some of its contracts in the Middle East have SDRL stock heading higher.

Seadrill News: SDRL Stock Surges 7% on Contract Extensions

Hamilton, Bermuda, December 30, 2019 - Seadrill Limited (“Seadrill”) has secured a three year contract  for each of the AOD II and AOD III in the Middle East, in direct continuation of their current contracts. Total contract value is expected to be approximately $98 million and $101 million respectively.

SDRL – Seadrill Limited Announces Contract Extension for AOD II and AOD III

Hamilton, Bermuda, December 20, 2019 - Seadrill Limited (“Seadrill”) has secured a multiple well contract with Vår Energy AS for the West Phoenix for work on the Balder re-development project in Norway. Total contract value for the firm portion of the contract is expected to be approximately $302 million with commencement expected at the end of 2Q 2021 and running through 3Q 2023. In addition to the base rate a well based performance bonus mechanism is included in the award giving potential for incremental revenue.  The contract is subject to authority approval of the Balder Future plan for development and operations (PDO). 

SDRL – Seadrill Limited Announces Contract Award for the West Phoenix

Seadrill Limited (SDRL) CEO Anton Dibowitz on Q3 2019 Results - Earnings Call Transcript

SDRL - Seadrill Limited Announces Third Quarter 2019 Results

Hamilton, Bermuda, November 21, 2019 - Seadrill Limited ("Seadrill" or the "Company") is pleased to announce that Glen Ole Rødland has been selected to succeed John Fredriksen as Chairman of Seadrill effective from November 21, 2019.

SDRL – Change to Board of Directors

Hamilton, Bermuda, November 4,  2019 - Seadrill Limited (“Seadrill”) has secured a two year contract with Petroleo Brasileiro S.A. (“Petrobras”) for the West Tellus in Brazil.  Total contract value is expected to be approximately $170 million, inclusive of managed pressure drilling and ancillary services, with commencement expected in 4Q 2019, in direct continuation of its current contract with Petrobras.

SDRL - Seadrill Limited Announces Contract Award for the West Tellus

Rising oil prices and optimism about the global economy have investors piling back into the offshore market today.

Here's Why Offshore Drilling Stocks Are Surging Friday

The offshore-drilling specialist's stock falls on a no-news day.

Seadrill Stock Down 11% Thursday: Here's What's You Need to Know

Another day removed from the attacks on one of the world's largest oil-processing facilities, yesterday's buyers have become sellers.

Here's Why Offshore Drilling Stocks Are Sinking Today (After Surging Yesterday)

Higher oil prices resulting from a prolonged outage from one of the world's biggest sources improve the prospects for offshore oil. At least that's what Mr.

Offshore Drilling Stocks Surge After Saudi Oil Facility Attack: Here's What You Need to Know

Hamilton, Bermuda, September 4, 2019 – Sonadrill Holding Ltd (“Sonadrill”), Seadrill Limited’s (“Seadrill”) 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”), has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship. The estimated total contract value is $101 million with commencement expected late Q3 2019 and running to early 2021.

SDRL – Sonadrill Joint Venture Contract Award

Hamilton, Bermuda, September 2, 2019 - Seadrill Limited (“Seadrill”) has secured a one year contract with LLOG Exploration Offshore, L.L.C., (“LLOG”) for the West Neptune operating in the US Gulf of Mexico.  Total contract value is expected to be approximately $74 million with commencement in December 2019, in direct continuation of the existing contract with LLOG. 

Seadrill Limited Announces Contract Award for the West Neptune

Hamilton, Bermuda, August 26, 2019 - Seadrill Limited ("Seadrill" or the "Company") announces that 308,371 Restricted Stock Units ("RSUs”) were awarded on August 23, 2019 to primary insiders.

SDRL - Issuance of restricted stock units to primary insiders

Seadrill (SDRL) CEO, Anton Dibowitz on Q2 2019 Results - Earnings Call Transcript

Seadrill (NYSE: SDRL) shares are trading higher after the company reported better-than-expected second-quarter EPS and sales results.

News for Seadrill Ltd Stock (SDRL)