Headquartered in Houston, TX·Fiscal year ends December·NYSE: SDRL·seadrill.com
About Seadrill
Seadrill Limited is a deepwater oil and gas drilling contractor listed on the NYSE. The company operates a modern fleet of drillships and semi-submersible rigs, providing drilling services to national, integrated, and independent oil companies across major deepwater basins including the U.S. Gulf of Mexico, Brazil, and West Africa (Angola). Seadrill generates revenue through direct contract operations at negotiated dayrates, management contracts for rigs operated on behalf of joint ventures (such as Sonadrill), and bareboat charter leasing arrangements. The company also manages rigs for related parties. As of Q1 2026, Seadrill had an average of 9 rigs on contract with an average contractual dayrate of approximately $343,000 and economic utilization of 94.6%. The company's contract backlog stood at approximately $3.1 billion, providing multi-year revenue visibility. Seadrill is incorporated in Bermuda. Updated
Pre-Market Stock Futures: Futures are trading lower after a solid risk-on Wednesday, when all major indices finished higher. Reports that filtered out of the media that Iran had backchannelled the CIA, looking…
The overbought markets, along with political and geopolitical uncertainties and the rising concerns about a sizable market correction, prompted some short sellers into action in the first two weeks of this month.
Judging by the most shorted stocks traded on the New York Stock Exchange, overall short sellers seemed to be watching and waiting in late March. However, Ford bucked that trend.
With the major markets retreating from all-time highs, it began to look like the Trump rally was spent. Judging by the most shorted stocks traded on the New York Stock Exchange, overall…
Seadrill Limited is a deepwater oil and gas drilling contractor listed on the NYSE. The company operates a modern fleet of drillships and semi-submersible rigs, providing drilling services to national, integrated, and independent oil companies across major deepwater basins including the U.S.
What is the SDRL stock price target?
24/7 Wall St.'s 12-month price target for SDRL is $56.99, rated Buy. The Wall Street consensus target is $54.00. SDRL price prediction →