Date | Price Target | Rating | Analyst |
---|---|---|---|
9/12/2024 | Neutral → Buy | Citigroup | |
9/9/2024 | Outperform | Pickering Energy Partners | |
12/6/2023 | $72.00 | Buy | Stifel |
7/5/2023 | $48.10 | Neutral | Citigroup |
3/17/2023 | $50.00 | Buy | BTIG Research |
SC 13G/A - Seadrill Ltd (0001737706) (Subject)
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Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its third quarter 2024 results and revised 2024 guidance. Quarterly Highlights Delivered operating profit of $47 million and Adjusted EBITDA(1) of $93 million, achieving $350 million of Adjusted EBITDA(1) year-to-date Increased midpoint for full-year 2024 Adjusted EBITDA(1) guidance by 13% from $340 million to $385 million Repurchased 4.0 million shares during the third quarter for $183 million, bringing year-to-date repurchases to $427 million Financial Highlights Figures in USD million, unless otherwise indicated Three months ended September 30, 2024 Three months ended June 30, 2024
Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its third quarter 2024 results on Tuesday, November 12 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Wednesday, November 13 at 08:00 CT / 15:00 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 live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced
Collaboration Aims to Transform Offshore Drilling Efficiency and Safety, Bringing MPD into Mainstream Operations 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 Integrated Riser Joint (IRJ) system with Seadrill's high-spec fleet of floating drilling vessels to enhance safety
Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) announced today that it has completed the delisting of its shares on the Oslo Stock Exchange. The Company's shares will remain listed on the New York Stock Exchange under the symbol "SDRL". Additional information about the delisting can be found on the investor relations portion of the Company's website, www.seadrill.com. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further information, visit
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reports its second quarter 2024 results. Quarterly Highlights Delivered Operating Profit of $288 million and Adjusted EBITDA(1) of $133 million on $375 million of Total Operating Revenues for an Adjusted EBITDA Margin(1) of 35.5% Completed sale of three jack-up rigs and associated interest in the Gulfdrill joint venture, supporting fleet refinement and capital return program Repurchased total of $566 million of shares, or more than 15% of its issued share count, since initiating repurchase program in September 2023 Financial Highlights Three months ended Figures in USD million, unless
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its second quarter 2024 results on Monday, August 5 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Tuesday, August 6 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 live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clie
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that it has continued progress on its share repurchase program, as part of its ongoing commitment to deliver shareholder returns. The Company completed the $250 million share repurchase program initiated in December 2023 and will cancel the acquired shares. As previously announced, the Company's Board of Directors authorized a new $500 million share repurchase program that will run for a period of two years from the completion of the 2023 program. As an initial step under the new repurchase program, the Board has authorized the Company to purchase up to $200 million of the Company's common shares (the "First T
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that it has completed the previously disclosed sale of three jack-up rigs—the West Castor, the West Telesto, and the West Tucana—and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill's joint venture partner Gulf Drilling International for cash proceeds of $338 million. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced technologies, Seadrill safely, efficiently, and responsibly unlocks oil and gas resources for national, integrated, and independent oil companies. For further
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that Oslo Bors has approved the Company's delisting from the Oslo Stock Exchange (OSE), following an affirmative shareholder vote at the Company's Annual General Meeting in April 2024. Seadrill shares will be delisted from the OSE on September 10, 2024, and the last day of trading will be September 9, 2024. The Company will maintain a single listing on the New York Stock Exchange, consistent with efforts to simplify its business. "Seadrill has a long legacy in Norway, and the OSE was instrumental in our reemergence to public markets in 2022," remarked President and Chief Executive Officer, Simon Johnson. "Wh
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West Tucana (the "Qatar Jack-Up Fleet")—and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill's joint venture partner Gulf Drilling International ("GDI") for cash proceeds of $338 million (the "Transaction"). The Transaction is subject to certain conditions, including approval or non-objection of the Qatar Financial Centre Authority and approval of the shareholders of GDI's parent company, and is expected to close early in the third quarter of 202
Throughout the last three months, 4 analysts have evaluated Seadrill (NYSE:SDRL), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 0 0 0 0 Last 30D 1 0 0 0 0 1M Ago 2 0 0 0 0 2M Ago 1 0 0 0 0 3M Ago 0 0 0 0 0 Analysts have recently evaluated Seadrill and provided 12-month price targets. The average target is $73.25, accompanied by a high estimate of $80.00 and a low estimate of $60.00. This upward trend is apparen
Benchmark analyst Kurt Hallead initiates coverage on Seadrill (NYSE:SDRL) with a Buy rating and announces Price Target of $60.
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today announced that Oslo Bors has approved the Company's delisting from the Oslo Stock Exchange (OSE), following an affirmative shareholder vote at the Company's Annual General Meeting in April 2024. Seadrill shares will be delisted from the OSE on September 10, 2024, and the last day of trading will be September 9, 2024. The Company will maintain a single listing on the New York Stock Exchange, consistent with efforts to simplify its business.
BWS Financial analyst Hamed Khorsand maintains Seadrill (NYSE:SDRL) with a Buy and maintains $80 price target.
Seadrill has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West Tucana—and its 50% equity interest in the joint venture that operates these rigs offshore Qatar to Seadrill's joint venture partner Gulf Drilling International for cash proceeds of $338 million.
Stifel analyst Benjamin Nolan maintains Seadrill (NYSE:SDRL) with a Buy and maintains $73 price target.
6-K - Seadrill Ltd (0001737706) (Filer)
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6-K - Seadrill Ltd (0001737706) (Filer)
6-K - Seadrill Ltd (0001737706) (Filer)
Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) today announced its third quarter 2024 results and revised 2024 guidance. Quarterly Highlights Delivered operating profit of $47 million and Adjusted EBITDA(1) of $93 million, achieving $350 million of Adjusted EBITDA(1) year-to-date Increased midpoint for full-year 2024 Adjusted EBITDA(1) guidance by 13% from $340 million to $385 million Repurchased 4.0 million shares during the third quarter for $183 million, bringing year-to-date repurchases to $427 million Financial Highlights Figures in USD million, unless otherwise indicated Three months ended September 30, 2024 Three months ended June 30, 2024
Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) will report its third quarter 2024 results on Tuesday, November 12 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Wednesday, November 13 at 08:00 CT / 15:00 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 live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is setting the standard in deepwater oil and gas drilling. With its modern fleet, experienced crews, and advanced
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reports its second quarter 2024 results. Quarterly Highlights Delivered Operating Profit of $288 million and Adjusted EBITDA(1) of $133 million on $375 million of Total Operating Revenues for an Adjusted EBITDA Margin(1) of 35.5% Completed sale of three jack-up rigs and associated interest in the Gulfdrill joint venture, supporting fleet refinement and capital return program Repurchased total of $566 million of shares, or more than 15% of its issued share count, since initiating repurchase program in September 2023 Financial Highlights Three months ended Figures in USD million, unless
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) will report its second quarter 2024 results on Monday, August 5 after the NYSE closes for trading. The Company will host a conference call to discuss its results on Tuesday, August 6 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 live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for clie
Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) today reported its first quarter 2024 results. Quarterly highlights Delivered operating profit of $80 million and Adjusted EBITDA(1) of $124 million on $367 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 33.8% Secured highest dayrate in the current cycle with a clean dayrate of $545,000 for a one-well contract Repurchased 9.9 million shares, or 12.4% of issued share count, since initiating its share repurchase program in September 2023 Reaffirmed full-year guidance of $1.47 to $1.52 billion in revenue, $400 to $450 million in Adjusted EBITDA(1), and $400 to $450 million in capital expenditures
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 live on the Investor Relations section of its website, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oil and gas resources for client
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. Gulf of Mexico, representing some of the highest dayrates achieved so far in this market cycle As of February 27, 2024, completed $342 million of share repurchases, representing 11% of its share capital, as part of its share repu
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 scheduled start time. The Company will also webcast the call live on its website, www.seadrill.com/investors, where a replay will be available afterwards. About Seadrill Limited Seadrill is a leading offshore drilling contractor utilizing
Delivered $151 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 36.5%, and net income of $90 million, or $1.10 per diluted share. Successfully refinanced its secured debt, issuing $575 million of 8.375% senior secured second lien notes and establishing a new $225 million revolving credit facility with an accordion feature of up to an additional $100 million. Initiated $250 million shareholder return program and completed share repurchases totaling $213 million as of November 24, 2023. Increased share repurchase authorization by an additional $250 million, taking aggregate authorization to $500 million. Updated full year
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 Company will also webcast the call live on its website, www.seadrill.com/investors, where a replay will be available afterwards. About Seadrill Seadrill is a leading offshore drilling contractor utilizing advanced technology to unlock oi
LONDON, UK / ACCESSWIRE / November 27, 2023 / Horizonte Minerals Plc (AIM:HZM)(TSX:HZM) ("Horizonte" or the "Company") the nickel development company, announces the following changes to its board of directors (the "Board") and senior leadership team. These changes have been made as the Company advances discussions for a financing solution for its flagship Araguaia Nickel Project ("Araguaia" or "the Project") and the completion of construction of the Project.Jeremy Martin, Co-Founder and Chief Executive Officer of the Company ("CEO") will step down as CEO and as a member of the Company's Board alongside Simon Retter, Chief Financial Officer of the Company who will step down as CFO and as a me
November 17, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) announces that the 2023 Annual General Meeting of the Shareholders of the Company was held on November 17, 2023 at 09:00, at the Rosewood Hotel, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2022 were laid before the Meeting. In addition, the following resolutions were passed by shareholders: To determine that the number of Directors comprising the Board be set at up to nine (9) Directors until the next annual general meeting of shareholders of the Company, or until such number is changed in accordance with the Bye-laws of the Company. To re-
TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the "Company") (CSE:BNKR, OTCQB:BHLL) is pleased to announce that Paul Smith has been appointed to its Board of Directors and as Chair of its new Growth Committee. Richard Williams, Executive Chairman, commented: "I am excited and very proud to welcome Paul Smith to the Board of Directors of Bunker Hill and to his role as Chair of our new Growth Committee. As the former head of strategy for Glencore, and a highly respected M&A professional and financier, his technical expertise, extensive professional network, and track record will add essential strategic capabilities to our Board as we look to create growth and value be
HAMILTON, Bermuda, May 23, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE:SDRL) (OSE: SDRL), a leader in offshore drilling, provides financial results for the three months ended March 31, 2023. Q1 2023 Highlights Seadrill added approximately $39 million of Order Backlog[1] during the quarter, bringing the total as of March 31, 2023, to approximately $2.2 billion. The addition related to the West Neptune drillship securing a three-month extension with LLOG Exploration Offshore, L.L.C ("LLOG") in the U.S. Gulf of Mexico in direct continuation of the existing term.Total Adjusted EBITDA[2] was $85 million in Q1 2023, a significant increase compared to Q4 2022 primaril
HAMILTON, Bermuda, March 22, 2023 /PRNewswire/ -- Seadrill Limited (NYSE:SDRL) (OSE: SDRL) ("Seadrill" or the "Company") announces that the 2022 Annual General Meeting of the Shareholders of the Company was held on March 21, 2023 at 10:00a.m., at the Rosewood Hotel, Bermuda. The audited consolidated financial statements for the Company for the year ended December 31, 2021 were laid before the Meeting. In addition, the following resolutions were passed by shareholders: To re-elect, by way of separate resolutions, Julie Robertson, Jean Cahuzac, Jan Kjaervik, Mark McCollum, Andrew Schultz, Paul Smith and Ana Zambelli as Directors of the Company to serve until the next annual general meeting or
HAMILTON, Bermuda, Jan. 25, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (NYSE:SDRL) (OSE: SDRL) is pleased to announce the appointment of Ana Zambelli as a new board director. Ms. Zambelli brings significant industry experience to the Company, with more than 20 years' experience in the energy services sector in operational, commercial and finance roles. Ms. Zambelli served as Chief Commercial Officer at Maersk Drilling, Managing Director at Transocean, and President of the Brazilian division of Schlumberger. Last, she served as a Managing Director in Brookfield's Private Equity Group, responsible for business operations in Brazil, where she also provided operational a
Citigroup upgraded Seadrill Ltd from Neutral to Buy
Pickering Energy Partners initiated coverage of Seadrill Ltd with a rating of Outperform
Stifel initiated coverage of Seadrill Ltd with a rating of Buy and set a new price target of $72.00
Citigroup initiated coverage of Seadrill Ltd with a rating of Neutral and set a new price target of $48.10
BTIG Research initiated coverage of Seadrill Ltd with a rating of Buy and set a new price target of $50.00