Shares of Seadrill (SDRL) have gained 7.3% over the past four weeks to close the last trading session at $52.51, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $68.25 indicates a potential upside of 30%.The average comprises four short-term price targets ranging from a low of $60 to a high of $80, with a standard deviation of $9.95. While the lowest estimate indicates an increa ...

Seadrill Limited (NYSE:SDRL) Q1 2024 Earnings Conference Call May 15, 2024 10:00 AM ET Company Participants Lydia Mabry - Director of Investor Relations Simon Johnson - President and Chief Executive Officer Grant Creed - Executive Vice President and Chief Financial Officer Samir Ali - Executive Vice President, Chief Commercial Officer Marcel Wieggers - Senior Vice President of Operations Conference Call Participants Ben Nolan - Stifel Greg Lewis - BTIG Kurt Hallead - Benchmark Josh Jayne - Daniel Energy Par ...

Seadrill (SDRL) came out with quarterly earnings of $0.81 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.12%. A quarter ago, it was expected that this offshore drilling services provider would post earnings of $0.65 per share when it actually produced earnings of $0.95, delivering a surprise of 46.15%.Over the last four q ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________________ FORM 6-K ____________________________ REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Commission File Number: 001-39327 ____________________________ SEADRILL LIMITED (Exact name of Registrant as specified in its Charter) ____________________________ Park Place 55 Par-la-Ville Road Hamilton HM 11 Bermuda ...

Core Insights - Seadrill Limited has announced new contract awards for its drillships, West Capella and West Neptune, indicating a positive outlook for the company's operations in the offshore drilling sector [1][2]. Contract Awards - The West Capella drillship has secured a one-well contract in South Korea, valued at approximately $32 million, with an estimated duration of 40 days starting in December 2024 [1]. - The West Neptune drillship has received a contract extension in the U.S. Gulf of Mexico, valued at approximately $86 million, extending its operations by six months starting in the September quarter of 2025 [2]. Technical Specifications - West Capella is a sixth-generation ultra-deepwater drillship with a maximum drilling depth of 37,500 feet and operational capabilities in water depths of 10,000 feet. It can accommodate 180 personnel [2][3]. - West Neptune is a seventh-generation ultra-deepwater drillship with similar maximum drilling depth capabilities and can operate in water depths of 12,000 feet [3]. Upgrades and Innovations - Seadrill plans to enhance the West Neptune drillship with managed pressure drilling (MPD) capabilities during scheduled out-of-service periods, making it the tenth rig in the fleet with such technology [3]. Industry Context - The energy sector shows promising opportunities with companies like SM Energy and Hess Corp. demonstrating strong production outlooks and significant resource discoveries, respectively [4]. - Eni, a global integrated energy company, is focusing on liquefied natural gas, which is expected to play a crucial role in the energy transition due to its lower carbon footprint [5].

Exhibit 99.1 UNAUDITED PRO FORMA CONDENSED COMBINED FINANCIAL INFORMATION The unaudited pro forma condensed combined financial statements of Seadrill Limited (“Seadrill” or the “Company”) and the accompanying explanatory notes (the “Pro Forma Financial Information”) have been prepared to illustrate the following transactions that have been completed since January 1, 2023, but have not been included in the results of operations for the entire period presented for the pro forma condensed combined statement of ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of ...

Seadrill Limited (NYSE:SDRL) Q4 2023 Results Conference Call February 29, 2024 10:00 AM ET Company Participants Lydia Mabry - Director of Investor Relations Simon Johnson - President and Chief Executive Officer Grant Creed - Executive Vice President and Chief Financial Officer Samir Ali - Executive Vice President and Chief Commercial Officer Marcel Wieggers - Senior Vice President of Operations Conference Call Participants Frank Galanti - Stifel Greg Lewis - BTIG Fredrik Stene - Clarkson Securities Hamed Kh ...

HAMILTON, Bermuda--(BUSINESS WIRE)--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 Mexic ...

HAMILTON, Bermuda--(BUSINESS WIRE)--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. ...