Seadrill Limited (NYSE:SDRL ) Q1 2025 Earnings Conference Call May 12, 2025 9:00 AM ET Company Participants Kevin Smith - VP, Corporate Finance & IR Simon Johnson - President & CEO Samir Ali - Executive VP & Chief Commercial Officer Grant Creed - Executive VP & CFO Conference Call Participants David Smith - Pickering Energy Partners Fredrik Stene - Clarksons Securities Greg Lewis - BTIG Hamed Khorsand - BWS Financial Operator Thank you standing by. My name is Ian, and I'll be your conference operator today.
Seadrill Limited added $1 billion in backlogs and repurchased $100 million in shares, securing future revenues and rewarding shareholders. Despite market pessimism and legal issues, SDRL's strong contracts and young fleet position it well for future growth. SDRL's valuation is attractive, trading at 0.51x book value, with significant upside potential due to share buybacks and a solid balance sheet.
Seadrill Limited, despite being the smallest major deep-water driller, has a clean balance sheet, low net debt, and is generating 20X EBITDA from three years ago. Analysts rate Seadrill as a buy, with price targets between $42-$80, presenting a favorable risk/reward for risk-tolerant investors. Seadrill's strong EV/EBITDA ratio, high operating margins, and strategic fleet positioning in the Deep Water "Golden Triangle" support its buy thesis.
P4F P4F 31 Aug 2018 | Other | €0.33 Per Share |
P4F P4F 11 Jun 2018 | Other | €0.33 Per Share |
P4F P4F 26 Feb 2018 | Other | €0.33 Per Share |
P4F P4F 18 Dec 2017 | Other | €0.33 Per Share |
P4F P4F 25 Aug 2017 | Other | €0.33 Per Share |
6 Aug 2025 (In 1 week) Date | | 0.72 Cons. EPS | - EPS |
12 May 2025 Date | | 0.3 Cons. EPS | - EPS |
26 Feb 2025 Date | | - Cons. EPS | 1.33 EPS |
25 Nov 2024 Date | | 0.05 Cons. EPS | 0.54 EPS |
13 Aug 2024 Date | | 6.41 Cons. EPS | 7.56 EPS |
P4F P4F 31 Aug 2018 | Other | €0.33 Per Share |
P4F P4F 11 Jun 2018 | Other | €0.33 Per Share |
P4F P4F 26 Feb 2018 | Other | €0.33 Per Share |
P4F P4F 18 Dec 2017 | Other | €0.33 Per Share |
P4F P4F 25 Aug 2017 | Other | €0.33 Per Share |
6 Aug 2025 (In 1 week) Date | | 0.72 Cons. EPS | - EPS |
12 May 2025 Date | | 0.3 Cons. EPS | - EPS |
26 Feb 2025 Date | | - Cons. EPS | 1.33 EPS |
25 Nov 2024 Date | | 0.05 Cons. EPS | 0.54 EPS |
13 Aug 2024 Date | | 6.41 Cons. EPS | 7.56 EPS |
Oil & Gas Drilling Industry | Energy Sector | Simon William Johnson CEO | XSTU Exchange | BMG7997W1029 ISIN |
GB Country | 3,300 Employees | - Last Dividend | - Last Split | - IPO Date |
Seadrill Limited, headquartered in Hamilton, Bermuda, is a global leader in providing offshore contract drilling services to the oil and gas industry. The company was established in 2005, initially known as Seadrill 2021 Limited, and has since carved a niche for itself in the competitive offshore drilling sector. Seadrill Limited caters to a diverse range of clients, including oil super-majors, state-owned national oil companies, and independent oil and gas companies, showcasing its broad expertise and operational flexibility across various environments. With its focus on excellence and safety in operations, Seadrill Limited plays a crucial role in enabling the exploration and production of offshore oil and gas resources worldwide.
Seadrill Limited operates a fleet of advanced drill ships designed for efficient deep-water and ultra-deep-water drilling activities. These vessels are equipped with state-of-the-art technology to ensure safe, reliable, and high-performance drilling operations in offshore locations.
The company provides semi-submersible rigs that are ideally suited for drilling in challenging environments, including harsh weather conditions and deep-water settings. Semi-submersible rigs offer stability and versatility, making them an essential asset for complex drilling projects.
Seadrill Limited's jack-up rigs are designed for operations in shallower waters. These rigs are supported by legs that can be extended to the ocean floor, providing a stable platform for drilling activities in benign environments. Jack-up rigs are crucial for drilling exploratory wells and for the development of oil and gas fields in shallow water regions.