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Seadrill Ltd. - SDRL STOCK NEWS

Welcome to our dedicated news page for Seadrill Ltd. (Ticker: SDRL), a resource for investors and traders seeking the latest updates and insights on Seadrill Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Seadrill Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Seadrill Ltd.'s position in the market.

News
Seadrill Announces First Quarter 2024 Earnings Release and Conference Call
Rhea-AI Summary
Seadrill (SDRL) is set to release its first-quarter 2024 earnings on May 14, followed by a conference call on May 15 to discuss the results. Interested participants can join the call by dialing +1 (800) 715-9871.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.11%
Tags
earnings
-
News
Seadrill Limited Files its 2023 Annual Report on Form 20-F
Rhea-AI Summary
Seadrill (NYSE & OSE: SDRL) files its annual report on Form 20-F for the year ended December 31, 2023, with the SEC. Shareholders can access the report on the SEC website or the company's investor section online.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
-
News
Seadrill Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Seadrill Limited (SDRL) reported fourth quarter and full year 2023 results, with an operating profit of $329 million and Adjusted EBITDA of $495 million for the full year. The company secured market-leading contracts in Brazil and the U.S. Gulf of Mexico, completed $342 million of share repurchases, and achieved consistent financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
earnings
News
Seadrill Announces Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
Seadrill Limited (SDRL) will report its Q4 and full year 2023 results on February 28, 2024, after the NYSE closes. A conference call will be held on February 29, 2024, to discuss the results. Interested participants can join the call or watch the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.12%
Tags
earnings
-
News
Seadrill Provides Commercial Updates on West Vela, West Capella, and West Auriga
Rhea-AI Summary
Seadrill Limited (SDRL) announces multiple contract awards totalling approximately $97.5 million in value, along with 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, representing a total contract value of approximately $73.5 million. The operator of the West Capella has extended its operations by approximately two months, with a total contract value of approximately $24.0 million. Seadrill will resume management of the West Auriga in the first quarter of 2024, accelerating preparation for its previously-announced contract in Brazil beginning in the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
none
-
News
Seadrill 2024 Annual General Meeting of Shareholders
Rhea-AI Summary
Seadrill Limited (NYSE & OSE: SDRL) has announced the date of the Annual General Meeting of Shareholders for the 2024 calendar year, which will be held in Bermuda on April 17, 2024. The Board has confirmed this date in accordance with the company's bye-laws. A copy of the Notice of Annual General Meeting and Proxy Statement will be distributed closer to the meeting date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.87%
Tags
none
News
Seadrill Announces Contracts for West Auriga and West Polaris in Brazil
Rhea-AI Summary
Seadrill Limited (SDRL) has been awarded 1,064-day fixed-term contracts for the West Auriga and the West Polaris by Petrobras, with a total contract value of approximately $1.1 billion. The contracts are expected to commence in the fourth quarter of 2024 and represent a significant expansion of Seadrill's rig count in Brazil, strengthening their long-term relationship with Petrobras.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
Tags
none
-
News
Seadrill Limited Announces Organizational Change
Rhea-AI Summary
Seadrill Limited (SDRL) has announced the closure of its London office and the consolidation of its corporate office in Houston, Texas. The Executive Vice President and Chief Operating & Technology Officer, Leif Nelson, will not relocate to Houston and will be departing Seadrill. Marcel Wieggers has been promoted to Senior Vice President - Operations, reporting directly to Simon Johnson, President and Chief Executive Officer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.1%
Tags
none
-
News
Seadrill Limited Initiates New Share Buy-back Program
Rhea-AI Summary
Seadrill Limited (SDRL) has completed a $250 million share repurchase program and authorized an additional $250 million share repurchase, with no set time limit. The company has entered into an agreement with Fearnley Securities for open market transactions on the OSE and the NYSE. The purpose of the repurchase program is to reduce the number of outstanding common shares and provide a return to shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.1%
Tags
none
News
Seadrill Announces Third Quarter 2023 Results and Additional $250 Million Share Repurchase Authorization
Rhea-AI Summary
Seadrill Limited (SDRL) reported Q3 2023 results, delivering $151M Adjusted EBITDA on $414M revenue, with a 36.5% Adjusted EBITDA Margin and net income of $90M. The company refinanced secured debt, initiated a $250M shareholder return program, and increased share repurchase authorization to $500M. Contracted for West Neptune and West Vela in the U.S. Gulf of Mexico. Full year 2023 Adjusted EBITDA guidance raised to $485M - $505M.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.64%
Tags
buyback earnings
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Seadrill Ltd.

NYSE:SDRL

SDRL Rankings

#1424 Ranked by Market Cap
#723 Ranked by Stock Gains
N/A Ranked by Dividends

SDRL Stock Data

3.66B
62.33M
3.08%
99.97%
5.82%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
Bermuda
Hamilton