Seadrill (SDRL) Projected to Post Quarterly Earnings on Monday

Seadrill (NYSE:SDRL - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect Seadrill to post earnings of $0.25 per share and revenue of $325.69 million for the quarter.

Seadrill (NYSE:SDRL - Get Free Report) last announced its earnings results on Wednesday, February 26th. The oil and gas company reported $1.07 EPS for the quarter, beating the consensus estimate of ($0.34) by $1.41. Seadrill had a return on equity of 7.24% and a net margin of 27.79%. The business had revenue of $289.00 million for the quarter, compared to analysts' expectations of $299.50 million. On average, analysts expect Seadrill to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Seadrill Trading Down 0.7 %

Seadrill stock traded down $0.15 during mid-day trading on Wednesday, hitting $22.82. 788,858 shares of the stock were exchanged, compared to its average volume of 962,191. Seadrill has a 12 month low of $17.74 and a 12 month high of $56.46. The company has a quick ratio of 2.53, a current ratio of 2.53 and a debt-to-equity ratio of 0.21. The firm's fifty day simple moving average is $22.54 and its two-hundred day simple moving average is $32.02. The stock has a market capitalization of $1.42 billion, a price-to-earnings ratio of 3.98 and a beta of 1.48.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SDRL. BWS Financial reissued a "buy" rating and issued a $80.00 price objective on shares of Seadrill in a research report on Monday, March 3rd. Citigroup dropped their price target on Seadrill from $46.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, March 19th. Finally, BTIG Research set a $28.00 price objective on shares of Seadrill in a research report on Monday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, Seadrill has an average rating of "Buy" and an average target price of $55.20.

About Seadrill

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.