Seadrill Limited
SDRLSeadrill Limited is a global provider of offshore drilling services to the oil and gas industry. The company specializes in the operation of offshore drilling rigs, including drillships and semi-submersible platforms, serving major energy companies worldwide. Seadrill focuses on delivering advanced drilling technology and flexible solutions to support exploration and production activities in deepwater and ultra-deepwater areas.
Company News
Dallas-based Canyon Capital Advisors reduced its stake in Noble by 158,607 shares in Q3, leaving a 1.3 million share position worth $36.9 million. Despite a $7 billion backlog and steady cash flow, Noble's stock remains significantly below 2023 levels.
The article identifies three undervalued companies that could offer strong upside potential once markets stabilize after a recent selloff: Impinj Inc, Northern Technologies, and Seadrill.
SFL Corporation Ltd. has won a legal case against Seadrill Ltd., with the Oslo District Court ordering Seadrill subsidiaries to pay SFL approximately $48 million in compensation for breach of contract. The ruling is subject to appeal by both sides.
Seadrill (SDRL) concludes the sale of the West Castor, the West Telesto and the West Tucana jackup rigs operating offshore Qatar, for cash proceeds of $338 million.
Throughout the last three months, 4 analysts have evaluated Seadrill (NYSE:SDRL), offering a diverse set of opinions from bullish to bearish. The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Ind...
