Seadrill is a Bermuda company that has a number of subsidiaries and affiliates in various jurisdictions. We are not currently required to pay income taxes in Bermuda on ordinary income or capital gains because we qualify as an exempted company. We have received written assurance from the Minister of Finance in Bermuda that we will be exempt from taxation until March 2035. Certain of our subsidiaries operate in other jurisdictions where income taxes are imposed. Consequently, income taxes have been recorded in these jurisdictions as appropriate. Our income tax expense is based on our income, statutory tax rates and various deductions & credits available to us in the
Company profile
Ticker
SDRL
Exchange
Website
CEO
Anton Dibowitz
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NEW SDRL LTD.
SEC CIK
SDRL stock data
Latest filings (excl ownership)
6-K
Current report (foreign)
17 Apr 24
6-K
Current report (foreign)
15 Apr 24
6-K
Current report (foreign)
8 Apr 24
6-K
Current report (foreign)
1 Apr 24
6-K
Current report (foreign)
26 Mar 24
6-K
Current report (foreign)
25 Mar 24
6-K
SDRL Provides Notice of Annual General Meeting and Proxy Statement
21 Mar 24
6-K
Current report (foreign)
18 Mar 24
6-K
Current report (foreign)
11 Mar 24
6-K
Current report (foreign)
4 Mar 24
Latest ownership filings
SC 13G
CANYON CAPITAL ADVISORS LLC
14 Feb 24
SC 13G
PRICE T ROWE ASSOCIATES INC /MD/
14 Feb 24
SC 13G/A
Sculptor Capital LP
14 Feb 24
SC 13G/A
GOLDENTREE ASSET MANAGEMENT LP
13 Feb 24
SC 13G/A
Polus Capital Management Ltd
12 Feb 24
SC 13D/A
Elliott Investment Management L.P.
26 Jan 24
SC 13G/A
Korea Trade Insurance Corp
22 Jan 24
SC 13G/A
EXPORT IMPORT BANK OF KOREA
2 Jan 24
SC 13D/A
Elliott Investment Management L.P.
4 Dec 23
SC 13G/A
Polus Capital Management Ltd
10 Aug 23
Financial summary
Quarter (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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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 | 119.48 mm | n/a | 25.97 mm | n/a |
Cash remaining | n/a | n/a | 478.52 mm | n/a | 572.03 mm | n/a |
Runway (months of cash) | n/a | n/a | 62.4 | n/a | 343.2 | n/a |
Institutional ownership, Q3 2023
97.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 144 |
Opened positions | 53 |
Closed positions | 15 |
Increased positions | 50 |
Reduced positions | 26 |
13F shares | Current |
---|---|
Total value | 2.63 tn |
Total shares | 71.10 mm |
Total puts | 42.40 k |
Total calls | 12.10 k |
Total put/call ratio | 3.5 |
Largest owners | Shares | Value |
---|---|---|
Elliott Investment Management | 7.06 mm | $316.09 bn |
Canyon Capital Advisors | 5.01 mm | $224.19 bn |
Sculptor Capital | 4.07 mm | $182.22 bn |
Export Import Bank Of Korea | 3.81 mm | $0.00 |
T. Rowe Price | 3.68 mm | $165.04 bn |
Wellington Management | 3.64 mm | $162.93 bn |
Korea Trade Insurance | 3.59 mm | $0.00 |
BLK Blackrock | 2.51 mm | $112.47 bn |
DNBBY DNB Bank ASA | 2.43 mm | $0.00 |
BCS Barclays | 2.32 mm | $103.70 mm |
News
BWS Financial Maintains Buy on Seadrill, Raises Price Target to $80
16 Apr 24
Stifel Maintains Buy on Seadrill, Lowers Price Target to $73
1 Mar 24
Overview Of Value Stocks In The Energy Sector
29 Feb 24
Seadrill Says It Has Long Anticipated 2024 Will Be A Year Of Transition
28 Feb 24
Seadrill Q4 EPS $0.95 Beats $0.66 Estimate, Sales $408.00M Beat $383.16M Estimate
28 Feb 24
Press releases
Seadrill Limited Files its 2023 Annual Report on Form 20-F
27 Mar 24
Seadrill Announces Fourth Quarter and Full Year 2023 Results
28 Feb 24
Seadrill Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
5 Feb 24
Seadrill Provides Commercial Updates on West Vela, West Capella, and West Auriga
29 Jan 24
Seadrill 2024 Annual General Meeting of Shareholders
23 Jan 24