Capital One Initiates Seadrill at Overweight With $55 Price Target
Capital One has initiated coverage on Seadrill (NYSE: SDRL) with an "Overweight" rating and set a price target of $55. This indicates a positive outlook from the firm regarding Seadrill's stock performance.
[8-K] SEADRILL Ltd Reports Material Event
Seadrill Ltd, through its subsidiary Seadrill Finance Limited, issued $700 million of 6.750% Senior Notes due 2034. The proceeds were primarily used to redeem its existing 8.375% Senior Secured Second Lien Notes due 2030, totaling approximately $575 million. Additionally, Seadrill amended its Senior Secured Revolving Credit Agreement, increasing the revolving commitments from $225 million to $300 million, which remain undrawn.
Seadrill Prices $700 Million 6.75% Notes, Redeems 2030 Bonds and Ups Revolver to $300 Million
Seadrill has issued $700 million in 6.750% Senior Notes due 2034, strengthening its balance sheet and liquidity. The company used part of the proceeds to redeem its 8.375% Senior Secured Second Lien Notes due 2030 and amended its revolving credit facility to increase commitments to $300 million. These actions aim to extend maturities, simplify debt structure, and enhance financial flexibility.
Seadrill Ltd Announces $700 Million 6.750% Senior Notes Due 2034 Offering and Indenture Agreement
Seadrill Limited has announced the issuance of $700 million in 6.750% Senior Notes due 2034 through its subsidiary, Seadrill Finance Limited. This significant debt offering involves detailed redemption features, change of control provisions, and restrictive covenants impacting the company's financial structure and operational flexibility. Shareholders are advised to monitor the implications of increased leverage and potential equity dilution.
Implied Volatility Surging for Seadrill Stock Options
Implied volatility for Seadrill Limited (SDRL) stock options, particularly the Dec. 18, 2026 $17.50 Call, is surging, indicating that the market anticipates a significant price movement. Despite this, Seadrill currently holds a Zacks Rank #4 (Sell), with analysts revising earnings estimates downwards, suggesting a potential trading opportunity for those looking to sell premium on high implied volatility.
What Seadrill (SDRL)'s Buyback Extension and Larger Credit Line Means For Shareholders
Seadrill Limited (SDRL) has extended its share repurchase plan and increased its senior secured revolving credit facility, aiming to maintain financial flexibility while returning capital to shareholders. This move supports the company's growing contract backlog and improved liquidity amidst an offshore market that is still challenging. The extended credit line provides working capital and bridges potential idle-time gaps for rigs, which is crucial given analyst warnings about competitive pressure and softer utilization.
Seadrill Ltd (Hamilton) (SDRL) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Seadrill Ltd (Hamilton) (SDRL), detailing its current price momentum score, support and resistance levels, and signals from various technical indicators and moving averages. As of June 24, 2026, the stock has a price momentum score of 6.60 and is trading between a resistance level of 45.20 and a support level of 33.75, with most indicators and moving averages signaling "Sell".
Seadrill (NYSE: SDRL) extends $500M share repurchase program to end-2026
Seadrill Limited (NYSE: SDRL) has extended its $500 million share repurchase program until December 31, 2026. As of June 19, 2026, approximately $208 million remained available under the program. The company emphasizes that repurchases are discretionary and depend on market conditions, financial position, and other factors, and can be executed through various methods.
Seadrill keeps $500M buyback open until Dec. 31, 2026
Seadrill Limited announced an extension of its previously authorized $500 million share repurchase program through December 31, 2026. As of June 19, 2026, approximately $208 million remained available under the program. The company emphasizes its ongoing commitment to delivering shareholder returns, with flexibility in how shares are repurchased.
Seadrill - Board Authorizes $500 Mln Share Re
Seadrill's Board of Directors has approved a share repurchase program of up to $500 million.
Seadrill extends $500M buyback program through Dec. 31, 2026 with ~$208M remaining
Seadrill has extended its $500 million share repurchase program until December 31, 2026. As of June 19, 2026, approximately $208 million of the authorized amount remains available. The company has flexibility in the methods of repurchase and notes that the program can be modified or discontinued based on various factors.
Seadrill extends share buyback program through year-end
Seadrill Limited announced its board of directors has extended the company’s $500 million share repurchase program through December 31, 2026. This move comes as the stock has recently declined and is considered undervalued. The company also recently reported better-than-expected Q1 2026 earnings and plans a $600 million unsecured notes offering to redeem existing debt.
Seadrill Extends Share Repurchase Program
Seadrill Limited has announced an extension of its share repurchase program through December 31, 2026. The program, initially authorized for $500 million, had approximately $208 million remaining as of June 19, 2026, and is part of the company's commitment to delivering shareholder returns. The company stated that the manner, timing, and amount of repurchases will depend on various factors including market conditions and financial position.
Seadrill (NYSE: SDRL) boosts credit facility to $300M and extends maturity to 2031
Seadrill Limited has amended its senior secured revolving credit facility, increasing commitments from $225 million to $300 million and extending the maturity date from 2028 to 2031. The amendment also removes certain immaterial subsidiaries and stacked vessels as guarantors and collateral, adjusts commitment fees, and relaxes some restrictive covenants, providing greater operational and financial flexibility. This change is expected to become effective on June 30, 2026, subject to certain conditions.
Seadrill Extends Share Repurchase Program
Seadrill Limited (NYSE: SDRL) has extended its share repurchase program through December 31, 2026. This extension is part of the company's commitment to delivering shareholder returns, with approximately $208 million of the original $500 million authorization still remaining as of June 19, 2026. The program allows for various repurchase methods and may be modified or discontinued at any time.
Seadrill Ltd (Hamilton) (SDRL) Shareholder Structure: Major Shareholders & Institutional Holdings
This article details the shareholder structure of Seadrill Ltd (Hamilton) (SDRL), listing its major shareholders and institutional holdings. It provides a breakdown of shareholder types, institutional shareholding over several quarters, and recent shareholder activities including changes in holdings by key investors. The data highlights significant stakes held by investment advisors, hedge funds, and specific entities like Elliott Management Corporation and BlackRock.
Seadrill Announces Private Offering of $600 Million Senior Notes
Seadrill Limited announced that its subsidiary, Seadrill Finance Limited, plans to offer $600 million in senior unsecured notes due 2034. The proceeds, along with cash on hand, will be used to redeem all outstanding 8.375% Senior Secured Second Lien Notes due 2030. This private offering targets qualified institutional buyers and persons outside the United States.
Seadrill Ltd (Hamilton) (SDRL) Revenue Breakdown: Business Segments, Regional Revenue & Profit Contribution
This article provides a detailed revenue breakdown for Seadrill Ltd (Hamilton) (SDRL) by region, current as of April 6. The company generated significant revenue from Brazil (42.52%), the United States (25.61%), and Angola (23.03%). Data for business segments and future fiscal years (FY2025) have not yet been disclosed by the company.
Seadrill Ltd (Hamilton) (SDRL) Earnings Forecast: Future EPS & Revenue Growth Estimates
This article provides an earnings forecast for Seadrill Ltd (Hamilton) (SDRL), indicating a current earnings forecast score of 8.20 and a ranking of 22 out of 100 in its industry. Analysts have set an average price target of $36.50, with a consensus "Buy" rating based on the opinions of 10 analysts. The company's expected revenue for the next quarter is $376.22 million, and the expected EPS is $0.21.
Seadrill unit plans $600M note sale to redeem 8.375% 2030 debt
Seadrill Finance Limited, a wholly owned subsidiary of Seadrill, plans to offer $600 million in senior unsecured notes due 2034. The net proceeds, along with cash on hand, will be used to redeem all outstanding 8.375% Senior Secured Second Lien Notes due 2030. This offering, to be made under Rule 144A and Regulation S, is conditional upon raising at least $600 million in gross proceeds.
Seadrill Limited (SDRL) Raises 2026 Outlook Following Earnings Beat and New Contract Wins
Seadrill Limited (SDRL) reported a strong first quarter of 2026, beating earnings and revenue expectations. The company subsequently raised its full-year 2026 outlook for operational revenues and EBITDA, reflecting improved project management and efficiency. This positive performance is further supported by new contract awards, including a significant deployment for its West Capella rig in Malaysia.
Seadrill Limited (SDRL) Raises 2026 Outlook Following Earnings Beat and New Contract Wins
Seadrill Limited (SDRL) reported better-than-expected earnings for Q1 2026, surpassing EPS and revenue forecasts. The company subsequently raised its full-year 2026 outlook, projecting operational revenues between $1.43 billion and $1.48 billion and EBITDA from $370 million to $420 million. This positive adjustment follows new contract wins, including a significant deployment for West Capella in Malaysia.
Seadrill announces private offering of $600 million senior notes
Seadrill Finance Limited, a wholly owned subsidiary of Seadrill, plans to offer $600 million in senior unsecured notes due 2034. The net proceeds, along with cash on hand, will be used to redeem all outstanding 8.375% Senior Secured Second Lien Notes due 2030, totaling approximately $575 million as of March 31, 2026. This offering is subject to market conditions and is made to eligible purchasers under specific securities regulations.
Seadrill raises $700M in new notes, plans to redeem 2030 debt
Seadrill Finance Limited, a subsidiary of Seadrill, has priced an upsized private offering of $700 million in 6.750% Senior Notes due 2034. The company intends to use a portion of the net proceeds to redeem its outstanding 8.375% Senior Secured Second Lien Notes due 2030 and for general corporate purposes. The offering is expected to close on June 30, 2026.
Seadrill Announces Pricing of Upsized Private Offering of $700 Million Senior Notes due 2034
Seadrill Limited announced its subsidiary, Seadrill Finance Limited, has priced an upsized private offering of $700 million in 6.750% Senior Notes due 2034. The offering was increased from an original size of $600 million and is expected to close on June 30, 2026. Proceeds will be used to redeem existing 8.375% Senior Secured Second Lien Notes due 2030 and for general corporate purposes.
Seadrill Announces Pricing of Upsized Private Offering of $700 Million Senior Notes due 2034
Seadrill Finance Limited, a subsidiary of Seadrill, has priced an upsized private offering of $700 million in 6.750% Senior Notes due 2034. The offering was increased from an initial $600 million and is expected to close on June 30, 2026. Proceeds will be used to redeem existing 8.375% Senior Secured Second Lien Notes due 2030, cover offering expenses, and for general corporate purposes.
Seadrill (SDRL) Plans $600 Million Senior Note Offering
Seadrill (SDRL) announced plans to offer up to $600 million in senior unsecured notes due in 2034, aiming to redeem existing 8.375% Senior Secured Second Lien Notes due in 2030. The company, an offshore drilling contractor, has a moderate GF Score of 59/100 and a low profitability rank, with recent insider selling. Investors are advised to proceed with caution given these financial metrics and insider activity.
Seadrill to privately offer $600M 2034 senior notes to redeem 2030 second-lien paper
Seadrill plans to offer $600 million in senior unsecured notes due 2034 through a private offering. The proceeds, combined with cash on hand, will be used to redeem all outstanding 8.375% second-lien 2030 notes, which currently amount to approximately $575 million. This financial maneuver is contingent on the offering generating at least $600 million in gross proceeds, and the company also aims to extend its revolving credit facility.
Seadrill EVP Torsten Sauer-Petersen sells $1.9m in common shares
Torsten Sauer-Petersen, EVP, Chief Technology & Sustainability Officer at SEADRILL Ltd, sold 42,625 common shares for approximately $1.9 million on June 10, 2026. This sale resulted in him holding no common shares directly in the company. The insider transaction occurred after Seadrill's stock saw significant gains, although InvestingPro analysis suggests the stock might still be undervalued with a bullish outlook from analysts.
Seadrill senior VP Wieggers sells $605,566 in company stock
Marcel Wieggers, Senior Vice President of Operations at SEADRILL Ltd (NASDAQ:SDRL), sold 13,475 common shares for $605,566 on June 11, 2026. Following these transactions, Wieggers no longer holds direct shares in the company. This sale comes after SDRL delivered a 55.92% return over the past year and recently surpassed Q1 2026 earnings and revenue expectations.
SEADRILL (SDRL) CFO Creed Grant R sells 34,147 common shares in market trades
SEADRILL Ltd's Executive Vice President & CFO, Creed Grant R, sold a total of 34,147 common shares in two open-market transactions on June 11, 2026. The sales were executed at weighted average prices of $44.92 for 27,952 shares and $44.20 for 6,195 shares, amounting to a net sell of approximately $1.53 million. These transactions were reported via a Form 4 filing with the SEC, detailing the price ranges for the individual trades.
Seadrill EVP Torsten Sauer-Petersen sells $1.9m in common shares
Torsten Sauer-Petersen, EVP, Chief Technology & Sustainability Officer at SEADRILL Ltd, sold 42,625 common shares worth approximately $1.9 million. Following these transactions, Mr. Sauer-Petersen no longer holds any direct common shares in the company. This sale occurs after Seadrill stock has shown significant gains and the company recently reported strong Q1 2026 financial results, exceeding analyst expectations for both EPS and revenue.
Seadrill (NYSE: SDRL) SVP Marcel Wieggers sells 13,475 common shares
Seadrill's Senior VP of Operations, Marcel Wieggers, reported selling 13,475 common shares in open-market transactions on June 11, 2026. The sales occurred at prices around the mid-$40s per share, specifically between $44.92 and $45.21, totaling approximately $605,566. This insider trading activity is classified as a net-sell transaction and detailed in a Form 4 SEC filing.
Seadrill (SDRL) officer sells 42,625 shares, exits direct stake
Torsten Sauer-Petersen, an officer at Seadrill (SDRL), sold 42,625 common shares on June 10, 2026, at a weighted average price of $44.68 per share. This transaction, totaling approximately $1.9 million, resulted in him no longer holding any direct common shares in the company. The sale was executed in multiple trades ranging from $44.505 to $44.895 per share.
SEADRILL (SDRL) SVP & General Counsel sells 31,409 shares, exits direct stake
Todd D. Strickler, SVP and General Counsel of SEADRILL Ltd (SDRL), sold 31,409 common shares in an open-market transaction at a weighted average price of $44.69 per share. Following this sale, Strickler no longer directly owns any common shares in the company. The transaction, detailed in a Form 4 SEC filing, amounted to approximately $1.40 million.
Seadrill EVP & CFO Grant R. Creed sells $1.5m in company shares
Grant R. Creed, EVP and CFO of Seadrill Ltd (NASDAQ:SDRL), sold 34,147 shares totaling $1.5 million on June 11, 2026. This insider sale follows strong stock performance for Seadrill, which has seen a 56% increase over the past year. The company recently reported better-than-expected Q1 2026 earnings and revenue, despite Creed's share sale.
Does Seadrill’s (SDRL) New ESOP Shelf Registration Hint At A Deeper Capital Allocation Shift?
Seadrill Limited recently filed a shelf registration for an Employee Share Ownership Plan (ESOP) worth approximately US$63.94 million, which is considered modest compared to the company's overall size. This development comes as Seadrill operates within a geopolitically sensitive offshore drilling sector, with investors weighing the potential impact of Middle Eastern tensions against the company's recent strong Q1 revenue growth and increased 2026 revenue guidance. The article suggests that while the ESOP filing itself is not a major catalyst, it adds to the complex investment narrative surrounding Seadrill amidst current market conditions and future growth projections.
Does Seadrill’s (SDRL) New ESOP Shelf Registration Hint At A Deeper Capital Allocation Shift?
Seadrill recently filed a shelf registration for an Employee Share Ownership Plan (ESOP) worth approximately US$63.94 million, which is considered modest compared to its overall size. This development comes while the offshore drilling sector faces geopolitical tensions in the Middle East and energy stock pressures. Despite recent positive guidance and contract awards, investors remain watchful of the geopolitical risks and their impact on the company’s stock price.
2,618 RSUs granted to Seadrill (SDRL) director Harry Quarls
Seadrill (SDRL) Director Harry Quarls has been granted 2,618 restricted stock units (RSUs) as compensation, effective June 3, 2026. Each RSU represents a contingent right to receive one Seadrill common share. The RSUs will vest either on the date of Seadrill's 2027 Annual General Meeting, if it occurs at least 50 weeks after the grant date, or on the first anniversary of the grant date, and will be settled in cash or common shares at the discretion of the Joint Nomination and Remuneration Committee.
Seadrill (NYSE: SDRL) director receives 2,618 restricted stock units award
Seadrill (NYSE: SDRL) director Paul Norman Smith was granted 2,618 restricted stock units on June 3, 2026. Each unit represents a contingent right to one common share and will vest either at the 2027 Annual General Meeting or on the first anniversary of the grant, subject to specific conditions. The settlement of these units will be in cash or common shares at the discretion of the Joint Nomination and Remuneration Committee.
Seadrill (NYSE: SDRL) backs directors, pay and incentive plan
Seadrill Limited shareholders approved all proposals at their 2026 Annual General Meeting on June 3, 2026. Key approvals included re-electing all nine director nominees, ratifying director remuneration, and giving advisory approval for 2025 executive compensation. Additionally, shareholders approved Amendment No. 1 to the 2022 Management Incentive Plan and appointed PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
Seadrill (SDRL) director Jean Cahuzac granted 2,618 restricted stock units as equity award
Seadrill director Jean Cahuzac was granted 2,618 restricted stock units (RSUs) as an equity award. These RSUs will vest based on the timing of the company's 2027 Annual General Meeting or the first anniversary of the grant date, and can be settled in either cash or common shares. This transaction aligns the director's interests with long-term shareholder value.
Seadrill (NYSE: SDRL) grants 2,618 RSUs to board member Ana Zambelli
Seadrill (NYSE: SDRL) has granted 2,618 restricted stock units (RSUs) to board member Ana Zambelli as part of her equity-based compensation. These units are contingent rights to receive common shares or cash, vesting at the 2027 Annual General Meeting or on the first anniversary of the June 3, 2026 grant date. The grant aligns her interests with the company's performance, with settlement in cash or shares determined by the Board's Joint Nomination and Remuneration Committee.
Seadrill (SDRL) director Mark McCollum awarded 2,618 restricted stock units
Seadrill's director Mark A. McCollum was granted 2,618 restricted stock units (RSUs) on June 3, 2026, as compensation. These RSUs will vest based on the timing of the company's 2027 Annual General Meeting or the first anniversary of the grant date and can be settled in cash or common shares. This RSU grant is a routine equity award aimed at aligning director incentives with shareholder interests, rather than an open-market transaction.
Seadrill (SDRL) director Jan Kjaervik awarded 2,618 restricted stock units
Seadrill (SDRL) director Jan Kjaervik was granted 2,618 restricted stock units (RSUs) on June 3, 2026. Each RSU represents a contingent right to receive one common share of Seadrill Limited. The RSUs will vest either on the date of the company's 2027 Annual General Meeting of Shareholders if it occurs at least 50 weeks after the grant date, or on the first anniversary of the grant date otherwise, and will be settled in cash or common shares at the discretion of the Joint Nomination and Remuneration Committee.
Seadrill (SDRL) director Julie Robertson awarded 3,272 restricted stock units
Seadrill director Julie J. Robertson was granted 3,272 restricted stock units (RSUs) on June 3, 2026, as part of her equity-based compensation. These RSUs represent a contingent right to receive one common share of Seadrill Limited each, vesting either at the 2027 Annual General Meeting or the first anniversary of the grant date, and will be settled in cash or shares at the committee's discretion. Following this award, Robertson directly holds 3,272 RSUs.
Seadrill Limited Approves Amendment to 2022 Management Incentive Plan and Reports 2026 Annual Shareholder Meeting Results
Seadrill Limited announced the results of its 2026 Annual General Meeting, highlighting shareholder approval for an amendment to the 2022 Management Incentive Plan, increasing shares by 1,400,000. Other key decisions included re-election of directors, reappointment of PwC US as auditor, and approval of director and executive remuneration. Investors should consider the potential dilutive effect of the increased incentive plan shares against the company's stated goal of retaining and incentivizing key talent.
Does Singer’s Backing And Backlog Strength Change The Bull Case For Seadrill (SDRL)?
Seadrill (SDRL) recently highlighted its offshore drilling position and significant US$2.50 billion contract backlog, which provides multi-year revenue visibility. This, combined with prominent investor Paul Singer's backing, reinforces attention on the company's execution and its ability to secure new contracts at solid dayrates. While these factors strengthen the bull case by ensuring revenue visibility and improving guidance, investors still need to consider the cyclical nature of the offshore drilling industry and potential pricing pressures.
Nine Seadrill directors return as shareholders sign off on pay and auditor
Seadrill Limited announced the results of its 2026 Annual General Meeting where shareholders re-elected all nine directors, approved the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm, and ratified director and executive compensation. They also approved an amendment to the 2022 Management Incentive Plan. These decisions uphold the company's governance structure and financial oversight for the upcoming year.
Seadrill Limited Shareholders Approve All Proposals at 2026 Annual General Meeting
Seadrill Limited shareholders have approved all proposals presented at the company's 2026 Annual General Meeting, held on June 3. The resolutions included the re-election of board members and the authorization for the board to determine their remuneration, as well as the ratification of PricewaterhouseCoopers LLP as the independent auditor. All items on the agenda received the necessary support to pass.
