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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
