Seadrill Limited (SDRL) Q4 2024 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Kevin Smith - Vice President of Corporate Finance & Head of Investor Relations Simon Johnson - President & Chief Executive Officer Samir Ali - Executive Vice President & Chief Commercial Officer Grant Creed - Executive Vice President & Chief Financial Officer Conference Call Participants David Smith - Pickering Energy Partners Kurt Hallead - Benchmark Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Ben Nolan - Stifel Noel Parks - Tuohy Brothers Josh Jayne - Daniel Energy Partners Operator Good morning and thank you standing by. My name is Kelvin, and I'll be your conference operator today.
- 02/27/2025
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Seadrill (SDRL) Q4 Earnings Surpass Estimates
- Seadrill (SDRL) came out with quarterly earnings of $1.07 per share, beating the Zacks Consensus Estimate of a loss of $0.34 per share. This compares to earnings of $0.95 per share a year ago.
- 02/26/2025
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Seadrill Announces Fourth Quarter and Full Year 2024 Results
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Fourth Quarter and Full Year 2024 Results.
- 02/26/2025
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3 Stocks to Gain From the Rising Demand in Offshore Drilling
- President Trump's “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive order attempting to remove former President Biden's permanent offshore drilling ban over 625 million acres of federal waters.
- 02/11/2025
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Seadrill Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.
- 02/03/2025
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SDRL Bids Farewell to 2007-Built West Prospero, Optimizes Rig Fleet
- Seadrill's divestment of West Prospero aligns with the company's broader objective to withdraw from the benign jack-up market.
- 12/27/2024
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Seadrill Announces Sale of Jack-Up West Prospero
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Sale of Jack-Up West Prospero.
- 12/26/2024
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Seadrill Lands Two Drillship Contracts in Brazil, Boosts Order Backlog
- SDRL states that the new contracts add approximately $1 billion to its order backlog, potentially increasing its earnings and free cash flow in 2026.
- 12/26/2024
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Seadrill Announces Brazil Contract Award for West Tellus
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Brazil Contract Award for West Tellus.
- 12/17/2024
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Seadrill Announces Brazil Contract Award for West Jupiter
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Brazil Contract Award for West Jupiter.
- 12/17/2024
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SDRL's West Auriga & West Polaris Gear Up for New Assignment in Brazil
- Seadrill mentions that its contract with Petrobras has a total value of $1.1 billion, including mobilization fees and other additional services.
- 11/25/2024
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Seadrill Limited (SDRL) Q3 2024 Earnings Call Transcript
- Start Time: 09:00 January 1, 0000 9:43 AM ET Seadrill Limited (NYSE:SDRL ) Q3 2024 Earnings Call November 13, 2024, 09:00 AM ET Company Participants Simon Johnson - President and CEO Grant Creed - EVP and CFO Samir Ali - EVP and CCO Lydia Mabry - Director of IR Conference Call Participants David Smith - Pickering Energy Partners Kurt Hallead - Benchmark Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Josh Jayne - Daniel Energy Partners Noel Parks - Tuohy Brothers Investment Research Operator Hello, and welcome to the Seadrill Third Quarter 2024 Earnings Call. All lines have been placed on mute to prevent any background noise.
- 11/13/2024
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Seadrill (SDRL) Beats Q3 Earnings and Revenue Estimates
- Seadrill (SDRL) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $1.10 per share a year ago.
- 11/12/2024
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Seadrill Announces Third Quarter 2024 Results and Increases Full-Year Guidance
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill (NYSE: SDRL) today announced its third quarter 2024 results and revised 2024 guidance.
- 11/12/2024
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Earnings Preview: Seadrill (SDRL) Q3 Earnings Expected to Decline
- Seadrill (SDRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/05/2024
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Will Transocean and Seadrill Merge Amid Offshore Expansion?
- As offshore investment rebounds, RIG and SDRL eye a merger to leverage deepwater prospects and capitalize on the recent oil and gas discoveries.
- 10/28/2024
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Seadrill Stock Surges on Report of Transocean Merger Talks
- The two offshore oil drilling companies have discussed how to structure a potential merger, according to a report.
- 10/24/2024
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Seadrill stock jumps on report of talks with Transocean
- Shares of Seadrill rallied early Thursday after a report the offshore drilling company is in talks to merge with Transocean.
- 10/24/2024
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Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Announces Third Quarter 2024 Earnings Release and Conference Call.
- 10/18/2024
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Seadrill: Potential M&A, Industry Tailwinds Will Support Growth Acceleration
- Initiating coverage on Seadrill Limited with a "Buy" rating and a 12-18 month investment horizon due to attractive valuation and positive industry tailwinds. Positive industry outlook driven by expected higher oil prices, expansionary monetary policies, and increasing investments in deepwater drilling projects. Strong fundamentals with high financial flexibility, low leverage, and significant cash flow visibility support potential acquisitions and organic growth.
- 09/23/2024
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Seadrill and Oil States Announce Strategic Collaboration to Enhance Offshore Managed Pressure Drilling (MPD) Operations
- HOUSTON--(BUSINESS WIRE)--Seadrill Limited (“Seadrill”) (NYSE: SDRL), a global leader in oil and gas offshore drilling, and Oil States International, Inc. (“Oil States”) (NYSE: OIS), a global provider of manufactured products and services to customers in the energy, industrial and military sectors, announced today a non-exclusive collaborative relationship aimed at increasing the safety and efficiency of offshore MPD operations. This strategic initiative combines Oil States' award-winning MPD I.
- 09/17/2024
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Seadrill Q2 2024: Mixed Results, Exacerbated By A Lowered Guidance, Reiterate Buy
- Seadrill reporting mixed earnings results, coupled with a lowered guidance, put pressure on the stock price. Demand has not yet materialized into more contract awards. This is attributed to several reasons, including a supply chain issue. These headwinds are likely to resolve in 2H25. Market fundamentals remain supportive of day rates. Benign floater marketed utilization rate was at 86% despite reactivations. We believe incremental demand will be sufficient to absorb stranded capacity.
- 08/21/2024
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Seadrill (SDRL) Surpasses Q2 Earnings and Revenue Estimates
- Seadrill (SDRL) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $1.16 per share a year ago.
- 08/05/2024
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The 3 Most Sold Stocks by Activist Hedge Funds for July
- When trying to make money in the stock market, knowledge is power, and often larger institutional funds have a grasp of the most pertinent data and information to make trades from. One way to search for this information is by keeping an eye on the activity of these investing institutions which include investment banks, classical hedge funds and activist hedge funds.
- 07/29/2024
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Seadrill: Re-Contracting At Higher Dayrates Will Drive The Stock Price
- Seadrill is an offshore drilling company focusing on the floater market, with its fleet primarily located in the Deepwater Golden Triangle. Demand for offshore rigs will remain robust due to high oil prices thanks to extended OPEC+ cuts, the growing petrochemical sector, and EV hiccups. Offshore projects will be highly demanded given improved economics. The market will remain undersupplied as newbuilding prices and reactivation cost a fortune.
- 07/29/2024
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3 Oil & Gas Drilling Companies With Optimistic Prospects
- Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like SAPMF, SDRL and NBR.
- 07/17/2024
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Seadrill (SDRL) Divests Three Jack-up Rigs and JV Interest
- Seadrill (SDRL) concludes the sale of the West Castor, the West Telesto and the West Tucana jackup rigs operating offshore Qatar, for cash proceeds of $338 million.
- 06/26/2024
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Seadrill Initiates Extension of Share Repurchase Program
- HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL announced that it has continued progress on its share repurchase program, as part of its ongoing commitment to deliver shareholder returns.
- 06/25/2024
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Seadrill Completes Divestment of Jack-Up Rigs
- HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL completed the previously disclosed sale of three jack-up rigs and its 50% equity interest in the joint venture that operates them.
- 06/25/2024
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Seadrill Announces Voluntary Delisting from Oslo Stock Exchange, Following Oslo Bors Approval
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill will delist from Oslo Stock Exchange September 10, now that Oslo Bors has approved the Company's delisting.
- 06/07/2024
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Seadrill (SDRL) Initiates Qatar Jack-Up Fleet Sale for $338M
- Seadrill (SDRL) mentions that the divestiture aligns with its overall strategy to simplify its business and concentrate only on its core operations.
- 05/20/2024
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Wall Street Analysts Believe Seadrill (SDRL) Could Rally 29.98%: Here's is How to Trade
- The mean of analysts' price targets for Seadrill (SDRL) points to a 30% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 05/17/2024
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Seadrill Enters Agreement to Sell its Qatar Jack-Up Fleet and Expands Share Repurchase Program
- HAMILTON, Bermuda--(BUSINESS WIRE)--SDRL enters definitive agreement to sell three jack-up rigs. Concurrently, SDRL announces Board increased aggregate repurchase authorization.
- 05/16/2024
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Seadrill Limited (SDRL) Q1 2024 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Lydia Mabry - Director of Investor Relations Simon Johnson - President and Chief Executive Officer Grant Creed - Executive Vice President and Chief Financial Officer Samir Ali - Executive Vice President, Chief Commercial Officer Marcel Wieggers - Senior Vice President of Operations Conference Call Participants Ben Nolan - Stifel Greg Lewis - BTIG Kurt Hallead - Benchmark Josh Jayne - Daniel Energy Partners Doug Becker - Capital One Hamed Khorsand - BWS Financial Noel Parks - Tuohy Brothers Fredrik Stene - Clarksons Securities Operator Thank you for standing by. My name is Kathleen, and I will be your conference operator today.
- 05/15/2024
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Seadrill (SDRL) Surpasses Q1 Earnings and Revenue Estimates
- Seadrill (SDRL) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.83 per share a year ago.
- 05/14/2024
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Seadrill Announces First Quarter 2024 Results
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill delivered operating profit of $80 million and Adjusted EBITDA of $124 million on $367 million of revenue, for an EBITDA Margin of 33.8%.
- 05/14/2024
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Seadrill (SDRL) Announces New Contracts for Two Drillships
- Seadrill's (SDRL) West Capella drillship wins a one-well contract in South Korea and West Neptune drillship secures a contract extension in the U.S. Gulf of Mexico.
- 05/10/2024
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Seadrill Announces Two New Drillship Commitments
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill announced two new contract awards for its drillships, the West Capella and the West Neptune.
- 05/07/2024
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Seadrill Announces First Quarter 2024 Earnings Release and Conference Call
- HAMILTON, Bermuda--(BUSINESS WIRE)--Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its first quarter 2024 results on Tuesday, May 14 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Wednesday, May 15 at 09:00 CT / 16:00 CET. Interested participants may join the call by dialing +1 (800) 715-9871 (Conference ID: 5348977) at least 15 minutes prior to the scheduled start time. The Company will webcast the call li.
- 04/23/2024
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Seadrill Limited Files its 2023 Annual Report on Form 20-F
- HAMILTON, Bermuda--(BUSINESS WIRE)--March 27, 2024 -- Seadrill Limited (“Seadrill” or the “Company”) (NYSE & OSE: SDRL) today announced that it has filed its annual report on Form 20-F for the year ended December 31, 2023 (the “Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”). The Annual Report can be accessed on the website of the SEC, www.sec.gov, and is also available on the investor portion of the Company's website, www.seadrill.com. Shareholders may request.
- 03/27/2024
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Seadrill: Prepare For Earnings Inflection Next Year, Buy
- Leading offshore driller Seadrill reported fourth quarter and full-year 2023 results in line with management's projections. While the company generated $92 million in free cash flow, margins were impacted by a material increase in operating expenses. Seadrill authorized a new $250 million share buyback program and expects a year of transition in 2024 with elevated out-of-service time and reduced profitability.
- 03/26/2024
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3 Under-$50 Stocks That Will Double Quicker Than the S&P 500
- Most investors are happy chasing the returns from the S&P 500. The time-tested method repeatedly for investors.
- 03/24/2024
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Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript
- Seadrill Limited (SDRL) Q4 2023 Earnings Call Transcript
- 02/29/2024
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Seadrill Announces Fourth Quarter and Full Year 2023 Results
- HAMILTON, Bermuda--(BUSINESS WIRE)--February 28, 2024 -- Seadrill Limited (“Seadrill” or the "Company") (NYSE & OSE: SDRL) today reported its fourth quarter and full year 2023 results. Quarterly highlights Delivered full-year operating profit of $329 million and full-year Adjusted EBITDA(1) of $495 million, in line with guidance Reported fourth quarter Adjusted EBITDA(1) of $100 million, consistent with management expectations Secured market-leading contracts in both Brazil and the U.S. Gul.
- 02/28/2024
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Seadrill Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
- HAMILTON, Bermuda--(BUSINESS WIRE)--February 5, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its fourth quarter and full year 2023 results on Wednesday, February 28, 2024 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Thursday, February 29, 2024 at 09:00 CST / 16:00 CET. Interested participants may join the call by dialing +1 (888) 660-6819 (Passcode: 7310670) at least 15 minutes prior to the sched.
- 02/05/2024
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Seadrill (SDRL) Secures New Contracts Worth $97.5 Million
- Seadrill (SDRL) secures new contracts and a contract extension for its West Vela and West Capella drillships, while also providing an update for the West Auriga drillship.
- 02/02/2024
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3 Promising Oil & Gas Drilling Stocks Amid Industry Tumult
- Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and SDRL.
- 02/02/2024
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Seadrill Provides Commercial Updates on West Vela, West Capella, and West Auriga
- HAMILTON, Bermuda--(BUSINESS WIRE)--January 29, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces multiple contract awards totalling approximately $97.5 million in value, in addition to an update on the West Auriga. Talos Production Inc. has awarded the West Vela a contract with an estimated duration of 150 days in the U.S. Gulf of Mexico. The contract is expected to commence in the third quarter of 2024 and represents a total contract value of approximately.
- 01/29/2024
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Seadrill 2024 Annual General Meeting of Shareholders
- HAMILTON, Bermuda--(BUSINESS WIRE)--January 23, 2024-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces today that, in accordance with its bye-laws, the Board has confirmed the date of the Annual General Meeting of Shareholders in respect of the 2024 calendar year. The 2024 Annual General Meeting shall be held in Bermuda on April 17, 2024. A copy of the Notice of Annual General Meeting and Proxy Statement will be distributed closer to the meeting date. About Seadr.
- 01/23/2024
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Optimistic Outlook for Offshore Drilling as E&P Capex Surge
- The expected uptick in offshore oil and gas exploration spending presents opportunities for companies such as SLB (SLB), Seadrill (SDRL) and Transocean (RIG).
- 01/17/2024
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Seadrill: Buy On Major Contract Awards And Material Share Repurchase Activity
- Seadrill Limited secured two major contract awards with Petrobras offshore Brazil for drillships "West Auriga" and "West Polaris" with an aggregate value of $1.1 billion thus increasing backlog by 40%. Adjusted for mobilization fees and required additional services, "clean" dayrates are estimated at $450,000 (West Auriga) and $400,000 (West Polaris) which still represent decent numbers for Brazil. Reducing 2024 expectations to account for anticipated idle time and upgrade requirements ahead of contract commencement in November but increasing 2025 projections.
- 01/04/2024
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Seadrill Announces Contracts for West Auriga and West Polaris in Brazil
- HAMILTON, Bermuda--(BUSINESS WIRE)--December 22, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris following a competitive bidding process. The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1.1 billion, inclusive of additional services and mobilization fees. The West Auriga and.
- 12/22/2023
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7 Overlooked Growth Stocks Gearing Up for 10X Gains
- After a rocky 2022, there are finally signs that growth stocks are rebounding in 2023. While many investors got burned last year when high-flying tech names crashed, now could be the perfect time to look at promising, overlooked growth stocks with upside potential.
- 12/20/2023
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3 Stocks to Consider After Massive Earnings Beats
- Quite a few companies are standing out after blowing away their quarterly earnings expectations this week and alluding to the possibility of more upside in their stocks.
- 11/29/2023
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Seadrill Limited (SDRL) Q3 2023 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q3 2023 Earnings Conference Call November 28, 2023 10:00 AM ET Company Participants Benjamin Wiseman - Corporate Finance Manager & Investor Relations Simon Johnson - President & Chief Executive Officer Samir Ali - Executive Vice President & Chief Commercial Officer Grant Creed - Executive Vice President & Chief Financial Officer Leif Nelson - Executive Vice President & Chief Operating and Technology Officer Conference Call Participants Greg Lewis - BTIG Eddie Kim - Barclays Fredrik Stene - Clarkson Securities Vahid Khorsand - BWS Financial Truls Olsen - Fearnley Securities Operator Good morning, and welcome to Seadrill's Third Quarter 2023 Earnings Call. All participants are in a listen-only mode.
- 11/28/2023
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Seadrill share rise on third-quarter boost and guidance upgrade
- Seadrill Ltd (NYSE:SDRL) shares traded higher in Tuesday's premarket deals, up 4.53% changing hands at $44.50, after the offshore oil and gas contractor confirmed a robust third quarter performance. The driller reported $151 million of earnings (Adjusted EBITDA) or $1.10 per share, on $414 million of revenue – exceeding Wall Street forecasts for 83 cents and $396.25 million respectively.
- 11/28/2023
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David Einhorn's Greenlight Capital snaps up gold as it cuts stake in top two holdings
- David Einhorn's Greenlight Capital cut its stakes in its top two holdings, U.S. housebuilder Green Brick Partners and Pennsylvania coal miner Consol Energy , and instead plowed millions into gold in the third quarter, the New York hedge fund's 13-F filings show.
- 11/15/2023
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Is There an Opportunity in These Oil & Gas Drilling Stocks?
- Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like HP, PTEN and SDRL.
- 11/10/2023
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Seadrill (SDRL) Loses -10.06% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
- Seadrill (SDRL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
- 11/01/2023
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Seadrill Warns Of Near-Term Headwinds, But Long-Term Outlook Still Solid
- After marking a new 52-week high in early September, shares of leading offshore driller Seadrill Limited have retreated by almost 20% in recent weeks. The setback would have likely been much worse without the company aggressively buying back shares in the open market under its recently announced $250 million share repurchase program. In a recent presentation, the company warned of near-term headwinds from increased idle time, inflationary pressures, and heavy maintenance requirements.
- 11/01/2023
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Seadrill Announces Third Quarter 2023 Earnings Release and Conference Call
- HAMILTON, Bermuda--(BUSINESS WIRE)--October 24, 2023-- Seadrill Limited ("Seadrill” or the “Company") (NYSE & OSE: SDRL) will report third quarter 2023 results on Monday, November 27 after the NYSE closes for trading. The Company will hold a conference call to discuss its results on Tuesday, November 28 at 9:00 CST / 15:00 GMT / 16:00 CET. Interested participants may join the call by dialing +1 (888) 660-6819 (Passcode: 7310670) at least 15 minutes prior to the scheduled start time. The Com.
- 10/24/2023
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Down -8.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Seadrill (SDRL)
- Seadrill (SDRL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
- 10/23/2023
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Seadrill Limited (SDRL) Q2 2023 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q2 2023 Results Conference Call August 15, 2023 9:00 AM ET Company Participants Lydia Mabry - Director, IR Simon Johnson - President and CEO Grant Creed - EVP and CFO Samir Ali - EVP and Chief Commercial Officer Leif Nelson - Chief Operating and Technology Officer Conference Call Participants Greg Lewis - BTIG Ben Nolan - Stifel Fredrik Stene - Clarkson Securities David Smith - Pickering Energy Partners Eddie Kim - Barclays Hamed Khorsand - BWS Financial Lydia Mabry Welcome to Seadrill's Second Quarter 2023 Earnings Call. With me today are Simon Johnson, our President and Chief Executive Officer; Grant Creed, Executive Vice President and Chief Financial Officer; and Samir Ali, Executive Vice President and Chief Commercial Officer.
- 08/17/2023
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Seadrill stock on the rise after strong quarter
- Seadrill Ltd (NYSE:SDRL) stock is set to start Tuesday's session on the front foot after the oil and gas contractor boasted strong quarterly results. The company, which in 2022 went through its second Chapter 11 bankruptcy process in two years, today told investors it had generated US$414 million of second quarter revenue and earnings (adjusted EBITDA) was reported at US$159mln.
- 08/15/2023
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Has Seadrill overcome stormy financial waters, rig activity a focus ahead of quarterly results
- Shareholders and creditors alike will watch keenly the outlook for oil and gas contractor Seadrill Ltd (NYSE:SDRL) as it reports on its second quarter on Tuesday. Having exited its latest Chapter 11 bankruptcy process in November 2022, for the second time in two years, the rig-and-crew service provider last week refinanced with a ne US$500mln loan (carrying 8.375% interest and maturity in 2030) along with US$225 million in revolving credit and a US$100 million accordion.
- 08/14/2023
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3 Stocks for Higher Return as New Analysts Initiate Coverage
- The recent surge in analyst coverage for stocks such as Southside Bancshares (SBSI), Beazer Homes (BZH) and Seadrill (SDRL) indicates the potential for significant price appreciation in the near term.
- 07/31/2023
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Seadrill Limited Announces Second Quarter 2023 Earnings Release Date
- HAMILTON, Bermuda , July 20, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) will report earnings for the second quarter of 2023 on Tuesday, August 15, 2023. The Company will host a call to discuss its results that day at 09:00 EST / 14:00 BST / 15:00 CET.
- 07/20/2023
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BP Makes Foray Into Continental Europe's Offshore Wind Market
- BP acquires rights to develop two projects, representing 4 GW of the total capacity.
- 07/13/2023
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Elliott Investment Management Now Owns 8.80% of Seadrill (SDRL)
- Fintel reports that Elliott Investment Management has filed a 13D/A form with the SEC disclosing ownership of 7.06MM shares of Seadrill Ltd.
- 07/12/2023
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Seadrill (SDRL) to Get $85M by Selling 3 Tender-Assist Rigs
- The sale allows Seadrill (SDRL) to unlock value, generate substantial cash proceeds and concentrate on high-grading its portfolio.
- 06/26/2023
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3 Stocks to Gain From Higher Offshore Exploration Activity
- The expected uptick in offshore oil and gas exploration spending presents opportunities for companies such as SLB (SLB), Seadrill (SDRL) and Transocean (RIG).
- 06/22/2023
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Why Investors Should Consider Retaining MPLX Stock for Now
- Apart from gauging low-carbon opportunities, MPLX is banking on several organic growth projects.
- 06/21/2023
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Oil Prices May Have Found a Floor: 3 Top-Ranked Oil and Gas Stocks for the Next Rally
- While the price of oil has fallen significantly since its high of $120 last summer, it still has several bullish catalysts that can ignite another bull run.
- 06/06/2023
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3 Well-Positioned Stocks in the Oil & Gas Drilling Industry
- With the outlook for energy activity holding up despite some concerns, the Zacks Oil and Gas - Drilling companies like SDRL, PTEN and PDS are worth considering.
- 05/31/2023
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Seadrill Limited (SDRL) Q1 2023 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q1 2023 Earnings Conference Call May 23, 2023 9:00 AM ET Company Participants Simon Johnson - President and CEO Grant Creed - EVP and CFO Samir Ali - EVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Konstantin Chinarov - Aptior Capital LLP Simon Johnson Welcome all to our Second Quarterly Earnings Call this calendar year and the first call of the 2023 Financial Period. On the line today, Grant and I are joined by Leif Nelson, our Chief Operating and Technology Officer; and Samir Ali, our Chief Commercial Officer.
- 05/26/2023
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Seadrill Limited Might Finally Be Investable
- Seadrill recently reported an earnings beat largely based on one-time non-operational revenues. SDRL's painful history includes two bankruptcies since 2016.
- 04/09/2023
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Seadrill Limited (SDRL) Q4 2022 Earnings Call Transcript
- Seadrill Limited (NYSE:SDRL ) Q4 2022 Results Conference Call April 5, 2023 9:00 AM ET Company Participants David Warwick - IR Simon Johnson - President and CEO Grant Creed - EVP and CFO Leif Nelson - EVP and Chief Operating and Technology Officer Samir Ali - EVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Matt Polyak - Hummingbird Capital David Warwick Hello, everyone, and welcome to Seadrill's Q4 2022 earnings call and webcast. My name is David Warwick, and I'm the Director of Investor Relations for the company.
- 04/06/2023
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The 7 Most Undervalued Energy Stocks to Buy in April 2023
- While many undervalued energy stocks to buy struggled with sustaining robust momentum this year, a recent catalyst might change everything. As I stated for InvestorPlace, at the start of this week, “the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and non-member oil-producing nations — known as OPEC+ — imposed shock production cuts on Sunday.
- 04/05/2023
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Seadrill To Acquire Former Subsidiary Aquadrill - Good Strategic Move At A Reasonable Price
- Company to acquire the remains of its former Seadrill Partners subsidiary in an all-stock deal valued at close to $1 billion. Transaction will add important exposure to the U.S. Gulf of Mexico and significantly improve Seadrill's earnings and cash flow generation potential.
- 12/25/2022
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Seadrill New Finance Limited (the "Issuer") - Update on SeaMex restructuring
- HAMILTON, Bermuda, Aug. 31, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE: SDRL, OTCPK:SDRLF) and the Issuer announce, further to the announcement made by Seadrill and the Issuer on July 2, 2021 (the "2 July Announcement"), the entry into a restructuring implementation deed (the "RID") by, among others, the joint provisional liquidators of SeaMex Ltd. (in provisional liquidation) ("SeaMex"), and the refinancing of the SeaMex senior secured bank debt by the issuance of new senior secured notes (the "New SeaMex Notes").
- 08/31/2021
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SDRL - Seadrill Announces Forbearance Agreements
- HAMILTON, Bermuda, Feb. 3, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that it has entered into a forbearance agreement with certain creditors in respect of nine out of the group's twelve senior secured credit facility agreements....
- 02/03/2021
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Why SFL Shares Sank 15% Today
- The company's 84 maritime vessels are all back operating, but a dividend cut scared investors.
- 11/12/2020
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