Seadrill Limited

Australian investment manager Packer & Co Ltd purchased 366,000 additional shares of Seadrill (SDRL), valued at approximately $14.94 million, increasing its stake to 10.43% of the fund's reportable assets. Seadrill shares have surged 103.8% over the past year, outperforming the S&P 500 by 77 percentage points, driven by strong quarterly results a...

Hartree Partners sold 254,101 shares of Teekay Tankers (worth $14.27 million) during Q4, reducing its stake to 2.87% of AUM. Despite the sale, Teekay Tankers stock has surged 80% over the past year, outperforming the S&P 500 by 68.55 percentage points. The company reported strong Q4 results with net income jumping to $120.5 million from $82.1 mil...

DME Capital Management fully exited its position in Seadrill by selling all 1,588,828 shares it held, which represented approximately 1.9% of the fund's assets under management. The sale proved poorly timed, as Seadrill's stock has rebounded strongly in 2026, gaining 21.7% through March 12, significantly outperforming the S&P 500's 2.3% decline.

Transocean announced a $5.8 billion all-stock acquisition of Valaris, creating one of the world's largest deepwater drilling fleets. The deal, combined with new contract awards adding $184 million to backlog, drove Transocean shares up 0.50% on elevated trading volume. Analyst sentiment remains mixed, with BTIG raising its price target citing sca...

Transocean announced an all-stock acquisition of Valaris for $5.8 billion, expanding its offshore drilling fleet significantly. Transocean shares rose 5.94% on the news, while Valaris stock spiked 34%. The combined company expects $200 million in synergies and will have a $10 billion backlog, creating a well-rounded drilling enterprise with diver...