Free Trial
Notice: This company has been marked as potentially delisted and may not be actively trading.
NYSE:SDRL

Seadrill (SDRL) Stock Price, News & Analysis

Seadrill logo

About Seadrill Stock (NYSE:SDRL)

Key Stats

Today's Range
$40.20
$41.80
50-Day Range
$0.51
$0.51
52-Week Range
$0.28
$5.00
Volume
1.34 million shs
Average Volume
1.21 million shs
Market Capitalization
$3.07 billion
P/E Ratio
7.25
Dividend Yield
N/A
Price Target
$66.25
Consensus Rating
Buy

Company Overview

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. The Other segment represents management services to third parties and related parties. The company was founded on May 10, 2005 and is headquartered in Hamilton, Bermuda.

Seadrill Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
68th Percentile Overall Score

SDRL MarketRank™: 

Seadrill scored higher than 68% of companies evaluated by MarketBeat, and ranked 104th out of 266 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Seadrill has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Seadrill has only been the subject of 3 research reports in the past 90 days.

  • Read more about Seadrill's stock forecast and price target.
  • Earnings Growth

    Earnings for Seadrill are expected to grow by 199.21% in the coming year, from $1.26 to $3.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Seadrill is 7.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.86.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Seadrill is 7.25, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.67.

  • Price to Book Value per Share Ratio

    Seadrill has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Seadrill's valuation and earnings.
  • Percentage of Shares Shorted

    6.41% of the float of Seadrill has been sold short.
  • Short Interest Ratio / Days to Cover

    Seadrill has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Seadrill has recently increased by 1.95%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Seadrill does not currently pay a dividend.

  • Dividend Growth

    Seadrill does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    6.41% of the float of Seadrill has been sold short.
  • Short Interest Ratio / Days to Cover

    Seadrill has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Seadrill has recently increased by 1.95%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Seadrill this week, compared to 1 article on an average week.
  • Search Interest

    Only 2 people have searched for SDRL on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Seadrill to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Seadrill insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    95.67% of the stock of Seadrill is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Seadrill's insider trading history.
Receive SDRL Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Seadrill and its competitors with MarketBeat's FREE daily newsletter.

SDRL Stock News Headlines

Seadrill Boosts 2024 Guidance Amid Strong Q3 Results
“This Changes Everything” - Trump Hands Millions Massive IRS Gift
Now it's your time to return the favor by taking advantage of this tax "revenge loophole." Because even as we wait for Trump's agenda to kick in…
Seadrill reports Q3 EPS 49c with items, consensus 7c
Seadrill price target lowered to $50 from $60 at BTIG
Stifel says possible sale could mean material upside to Seadrill shares
See More Headlines

SDRL Stock Analysis - Frequently Asked Questions

Seadrill Limited (NYSE:SDRL) issued its quarterly earnings results on Tuesday, November, 12th. The oil and gas company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.44. The company's revenue for the quarter was down 14.5% compared to the same quarter last year.

Top institutional shareholders of Seadrill include Fiera Capital Corp (0.35%), Thompson Siegel & Walmsley LLC (0.24%), Charles Schwab Investment Management Inc. (0.22%) and De Lisle Partners LLP (0.14%).

Based on aggregate information from My MarketBeat watchlists, some other companies that Seadrill investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), General Electric (GE), Broadcom (AVGO), Arista Networks (ANET) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
11/12/2024
Today
11/14/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/26/2025

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
2,505
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$66.25
High Stock Price Target
$80.00
Low Stock Price Target
$52.00
Potential Upside/Downside
+67.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$300 million
Pretax Margin
31.46%

Debt

Sales & Book Value

Annual Sales
$1.50 billion
Cash Flow
$6.27 per share
Book Value
$40.47 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.92 billion
Optionable
Optionable
Beta
1.43
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

This page (NYSE:SDRL) was last updated on 11/14/2024 by MarketBeat.com Staff
From Our Partners