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Seadrill Limited (SDRL)

Company Profile

Company profile

Ticker

SDRL

Exchange

Website

www.seadrill.com

CEO

Mr. Simon William Johnson

Incorporated

Location

Fiscal year end

Sector

Mining, Quarrying, and Oil and Gas Extraction > Drilling Oil and Gas Wells

Industry (SIC)

Drilling Oil & Gas Wells

Valaris Limited • Transocean • Noble • Nabors Industries • Helmerich & Payne • Noble • Patterson-UTI Energy • Vantage Drilling International • Borr Drilling Limited • Pacific Drilling ...

Former names

NEW SDRL LTD.

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

SDRL stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$65.00

Low target

$50.00

High target

$80.00

Latest filings (excl ownership)

View all

Current report (foreign)

Current report (foreign)

6-K Seadrill Interim Report 3Q24

6-K Seadrill Earnings Press Release 3Q24

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Current report (foreign)

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

View all

Marcel Wieggers

MARK A MCCOLLUM

Jonathan Swinney

Torsten Sauer-Petersen

Paul Norman Smith

JULIE J ROBERTSON

Financial summary

Financial statements Chart SDRL financial data

Quarter (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	598.00 mm	598.00 mm	598.00 mm	598.00 mm	598.00 mm	598.00 mm
Cash burn (monthly)	(no burn)	(no burn)	7.67 mm	(no burn)	1.67 mm	(no burn)
Cash used (since last report)	n/a	n/a	191.60 mm	n/a	41.65 mm	n/a
Cash remaining	n/a	n/a	406.40 mm	n/a	556.35 mm	n/a
Runway (months of cash)	n/a	n/a	53.0	n/a	333.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

SDRL institutional ownership history Ownership history

86.0% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	197	193	+2.1%
Opened positions	52	52	–
Closed positions	48	34	+41.2%
Increased positions	65	69	-5.8%
Reduced positions	54	47	+14.9%

13F shares	Current	Prev Q	Change
Total value	2.13 tn	2.51 tn	-15.1%
Total shares	59.20 mm	58.29 mm	+1.6%
Total puts	157.50 k	197.70 k	-20.3%
Total calls	178.60 k	196.40 k	-9.1%
Total put/call ratio	0.9	1.0	-12.4%

Largest owners	Shares	Value	Change
Canyon Capital Advisors	4.90 mm	$194.63 bn	0.0%
BlackRock	3.80 mm	$151.08 bn	NEW
Elliott Investment Management	3.70 mm	$147.19 bn	-8.6%
Wellington Management	3.54 mm	$140.86 bn	+0.8%
Adage Capital Partners GP, L.L.C.	3.11 mm	$123.54 bn	+129.2%
Dimensional Fund Advisors	3.08 mm	$122.21 bn	NEW
Condire Management	2.57 mm	$102.21 bn	+11.6%
DNB Bank ASA	2.43 mm	$0.00	0.0%
UBS UBS	2.07 mm	$82.42 bn	+9.0%
T. Rowe Price	1.42 mm	$56.38 mm	-63.8%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	0.00	-3.89 mm	EXIT
BlackRock	3.80 mm	+3.80 mm	NEW
Dimensional Fund Advisors	3.08 mm	+3.08 mm	NEW
T. Rowe Price	1.42 mm	-2.50 mm	-63.8%
Adage Capital Partners GP, L.L.C.	3.11 mm	+1.75 mm	+129.2%
Vanguard	524.63 k	-1.60 mm	-75.3%
Balyasny Asset Management	1.15 mm	+975.89 k	+574.7%
Cooper Creek Partners Management	63.20 k	-950.55 k	-93.8%
Wishbone Management	923.31 k	+923.31 k	NEW
Webs Creek Capital Management	730.18 k	+730.18 k	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Where Seadrill Stands With Analysts

BWS Financial Maintains Buy on Seadrill, Maintains $80 Price Target

BWS Financial analyst Hamed Khorsand maintains Seadrill (NYSE:SDRL) with a Buy and maintains $80 price target.

Seadrill Secures Brazil Contract Award From Petrobras For West Tellus; Contract To Contribute $498M To Order Backlog

The program is expected to commence in the first quarter of 2026 and includes an optional period of up to 305 additional days. Petrobras holds a 65.7% stake in the shared Atapu field, a 55.3% stake in the shared Sépia

Seadrill Secures Contract Award For West Jupiter From Petrobras; Contract To Contribute $493M To Order Backlog

In-Depth Examination Of 4 Analyst Recommendations For Seadrill

Press releases

From Benzinga Pro

Seadrill Announces Sale of Jack-Up West Prospero

Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced that it has completed the sale of the jack-up rig West Prospero for cash proceeds of $45 million. "With the sale of the West

Seadrill Announces Brazil Contract Award for West Tellus

Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced the ultra-deepwater drillship, West Tellus, was awarded a 1,095-day contract for the Sépia and Atapu fields in the Santos Basin,

Seadrill Announces Brazil Contract Award for West Jupiter

Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced the ultra-deepwater drillship, West Jupiter, was awarded a 1,095-day contract in Brazil following a competitive tender process.

Seadrill Announces Third Quarter 2024 Results and Increases Full-Year Guidance

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