NYSE:SDRL

Seadrill (SDRL) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$52.31
$53.12
50-Day Range
$0.51
$0.51
52-Week Range
$0.28
$5.00
Volume
541,960 shs
Average Volume
555,737 shs
Market Capitalization
$3.86 billion
P/E Ratio
13.03
Dividend Yield
N/A
Price Target
$68.25

Seadrill MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
30.0% Upside
$68.25 Price Target
Short Interest
Bearish
5.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Seadrill in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
116.03%
From $2.87 to $6.20 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.46 out of 5 stars

Oils/Energy Sector

158th out of 247 stocks

Drilling Oil & Gas Wells Industry

7th out of 12 stocks

SDRL stock logo

About Seadrill Stock (NYSE:SDRL)

Seadrill Ltd. engages in the provision of offshore drilling services to the oil and gas industry. It operates through the following segments: Floaters, Jack-up rigs, and Other. The Floaters segment encompasses drilling, completion, and maintenance of offshore exploration and production wells. the Jack-up Rigs segment includes drilling contracts relate to jack-up rigs for operations in harsh and benign environments in shallow water. The Other segment represents management services to third parties and related parties. The company was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

SDRL Stock News Headlines

Seadrill Announces First Quarter 2024 Results
Seadrill Announces Two New Drillship Commitments
SDRL Apr 2024 55.000 call
SDRL Jul 2024 70.000 call
SDRL Apr 2024 22.500 call
Seadrill 2024 Annual General Meeting of Shareholders
Seadrill Limited Common Shares (SDRL)
See More Headlines
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Company Calendar

Last Earnings
5/14/2024
Today
5/17/2024
Next Earnings (Estimated)
8/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
2,505
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$68.25
High Stock Price Target
$80.00
Low Stock Price Target
$60.00
Potential Upside/Downside
+30.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$300 million
Pretax Margin
21.40%

Debt

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$6.39 per share
Book Value
$39.71 per share

Miscellaneous

Free Float
N/A
Market Cap
$3.87 billion
Optionable
Optionable
Beta
1.54
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SDRL Stock Analysis - Frequently Asked Questions

Should I buy or sell Seadrill stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Seadrill in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" SDRL shares.
View SDRL analyst ratings
or view top-rated stocks.

What is Seadrill's stock price target for 2024?

4 Wall Street analysts have issued 1-year price objectives for Seadrill's shares. Their SDRL share price targets range from $60.00 to $80.00. On average, they predict the company's stock price to reach $68.25 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price.
View analysts price targets for SDRL
or view top-rated stocks among Wall Street analysts.

When is Seadrill's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 20th 2024.
View our SDRL earnings forecast
.

How were Seadrill's earnings last quarter?

Seadrill Limited (NYSE:SDRL) posted its quarterly earnings results on Tuesday, May, 14th. The oil and gas company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.13. The oil and gas company earned $367 million during the quarter, compared to the consensus estimate of $367.41 million. Seadrill had a trailing twelve-month return on equity of 10.48% and a net margin of 19.77%. The business's quarterly revenue was up 38.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.83 earnings per share.

What ETFs hold Seadrill's stock?

ETFs with the largest weight of Seadrill (NYSE:SDRL) stock in their portfolio include Global X MSCI Norway ETF (NORW).iShares MSCI Norway ETF (ENOR).

What guidance has Seadrill issued on next quarter's earnings?

Seadrill updated its FY 2024 earnings guidance on Tuesday, May, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.5 billion-$1.5 billion, compared to the consensus revenue estimate of $1.5 billion.

What other stocks do shareholders of Seadrill own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Seadrill investors own include Transocean (RIG), Bank of America (BAC), General Electric (GE), Seadrill Partners (SDLP), Chesapeake Energy (CHKAQ), Exxon Mobil (XOM), Bristol-Myers Squibb (BMY), OPKO Health (OPK), AT&T (T) and Philip Morris International (PM).

Who are Seadrill's major shareholders?

Seadrill's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (6.27%), Condire Management LP (3.13%), Vanguard Group Inc. (2.64%), Invesco Senior Secured Management Inc. ADV (1.31%), Folketrygdfondet (0.86%) and Assenagon Asset Management S.A. (0.85%).

This page (NYSE:SDRL) was last updated on 5/17/2024 by MarketBeat.com Staff

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