Latest News on SDRL

Financial News Based On Company


Advertisement
Advertisement

Seadrill Ltd stock hits 52-week high at 43.67 USD

https://www.investing.com/news/company-news/seadrill-ltd-stock-hits-52week-high-at-4367-usd-93CH-4511308
Seadrill Ltd (SDRL) stock has reached a new 52-week high of $43.67, driven by strong performance including a 45.5% price return over six months. Despite its premium valuation and analysts forecasting negative earnings for fiscal year 2025, the company recently secured new drilling contracts worth $235 million, extending its backlog. BTIG also raised its price target for Seadrill from $33 to $40, maintaining a Buy rating.

Seadrill (NYSE:SDRL) Stock Rating Lowered by Zacks Research

https://www.marketbeat.com/instant-alerts/seadrill-nysesdrl-stock-rating-lowered-by-zacks-research-2026-02-18/
Zacks Research downgraded Seadrill (NYSE:SDRL) from a "hold" to a "strong sell" rating. While other firms have higher price targets and "buy" ratings, the overall analyst consensus on MarketBeat.com is a "Hold" with an average price target of $43.60. The offshore drilling company's stock opened at $42.48, with a market cap of $2.65 billion and a P/E of 92.35.

Elliott Investment Management LP Raises Share Stake In Seadrill Ltd

https://www.tradingview.com/news/reuters.com,2026:newsml_FWN3ZE0BP:0-elliott-investment-management-lp-raises-share-stake-in-seadrill-ltd/
Elliott Investment Management LP has increased its share stake in Seadrill Ltd. The news was reported by Refinitiv via TradingView. This brief update signals a notable investment move by Elliott Investment Management LP into the shipping company.

Seadrill (SDRL) Projected to Post Quarterly Earnings on Wednesday

https://www.marketbeat.com/instant-alerts/seadrill-sdrl-projected-to-post-quarterly-earnings-on-wednesday-2026-02-18/
Seadrill (SDRL) is projected to release its Q4 2025 earnings after market close on Wednesday, February 25th, with analysts expecting earnings of $0.07 per share and revenue of $335.3590 million. The company's stock opened at $42.48, and institutional investors have significantly increased their holdings. Wall Street analysts have issued mixed ratings, with an average "Hold" rating and a price target of $43.60.

Seadrill (SDRL) Is Up 7.5% After $114M West Saturn Contract Extension What’s Changed

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/seadrill-sdrl-is-up-75-after-114m-west-saturn-contract-exten
Seadrill (SDRL) shares increased by 7.5% following a $114 million contract extension for its West Saturn drillship with Equinor Brasil Energia, pushing its backlog through October 2027. This extension, while not radically altering the near-term picture, improves short-term visibility and eases concerns about contract coverage. Despite the positive news, the company faces margin pressure, recent net losses, and a valuation that already reflects significant optimism, making these the key factors for investors to consider.
Advertisement

Seadrill stock hits 52-week high at 40.22 USD By Investing.com

https://ng.investing.com/news/company-news/seadrill-stock-hits-52week-high-at-4022-usd-93CH-2329187
Seadrill Ltd's stock reached a 52-week high of $40.22, significantly increasing its value over the past year. This performance is supported by strong contract extensions, including a $114 million deal with Equinor Brasil Energia Ltda, and new contracts totaling $235 million for three drilling rigs. Analysts have varied price targets, with BTIG raising its target to $40 and maintaining a Buy rating, reflecting positive sentiment despite market complexities.

Seadrill stock hits 52-week high at 40.22 USD By Investing.com

https://in.investing.com/news/company-news/seadrill-stock-hits-52week-high-at-4022-usd-93CH-5227237
Seadrill Ltd's stock reached a new 52-week high of $40.22, marking a significant performance increase with a 9.47% rise over the last year and 28.34% over six months. This surge is supported by strong financial health, moderate debt, and recent contract extensions totaling $349 million for its offshore drilling rigs. Analysts have varied price targets, reflecting ongoing market complexities and the company's strategic position in the energy sector.

Seadrill Limited (SDRL): A Bull Case Theory

https://finviz.com/news/298573/seadrill-limited-sdrl-a-bull-case-theory
This article summarizes a bullish thesis on Seadrill Limited (SDRL), highlighting its modern fleet of ultra-deepwater drillships and strategic position in the offshore drillship market. The bull case is centered on the company's M&A optionality given its low implied per-rig valuation, making it an attractive acquisition target, and the potential for strong EBITDA leverage as day rates rise. Despite some litigation risks and regulatory complexities, analysts see an asymmetrical risk-reward profile, with significant upside potential even without a sale.

Seadrill announces West Saturn contract extension

https://cyprusshippingnews.com/2026/02/04/seadrill-announces-west-saturn-contract-extension/
Seadrill Limited announced that Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn, adding $114 million to its contract backlog. This extension prolongs the contract, which began in 2022, through October 2027. Seadrill's CEO, Simon Johnson, highlighted the continuation of their long-term collaboration with Equinor in Brazil.

How New Multi‑Year Rig Contracts Will Impact Seadrill (SDRL) Investors

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/how-new-multiyear-rig-contracts-will-impact-seadrill-sdrl-in
Seadrill Limited recently secured significant contract wins and extensions for its ultra-deepwater drillships, including a one-year, US$114 million option for the West Saturn. These awards, totaling US$349 million, extend Seadrill's backlog through 2027, improving asset utilization visibility in key offshore drilling regions. While these contracts support the company's investment narrative by locking in earnings and easing utilization concerns, key risks remain, such as a high earnings multiple, low current returns on equity, and reliance on concentrated offshore projects.
Advertisement

Greenlight Capital Sold Seadrill (SDRL) in Q4 as It Missed the Inflection

https://finviz.com/news/293228/greenlight-capital-sold-seadrill-sdrl-in-q4-as-it-missed-the-inflection
Greenlight Capital, an investment management company, sold its position in Seadrill Limited (SDRL) during the fourth quarter of 2025. The firm cited missing the inflection point in rising drilling rig day rates as the reason for exiting with a small loss, despite an initial correct thesis. Greenlight Capital's partnership returned 8.5% in Q4 2025, while Seadrill's stock gained 6.94% over the last 52 weeks but is not among the 30 most popular stocks among hedge funds.

Greenlight Capital Sold Seadrill (SDRL) in Q4 as It Missed the Inflection

https://finance.yahoo.com/news/greenlight-capital-sold-seadrill-sdrl-124242701.html
Greenlight Capital sold its position in Seadrill Limited (SDRL) in the fourth quarter of 2025, resulting in a small loss for the investment firm. The initial thesis for investing in Seadrill, based on rising day rates for drilling rigs, proved correct early on, but Greenlight Capital admitted to "overstaying their welcome" and missing the inflection point. Despite Seadrill's positive one-month and 52-week returns, Greenlight Capital believes certain AI stocks offer greater upside potential with less downside risk.

Seadrill Announces West Saturn Contract Extension

https://finance.yahoo.com/news/seadrill-announces-west-saturn-contract-110000539.html
Seadrill Limited announced that Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn. This extension adds $114 million to the contract backlog, prolonging the agreement through October 2027. The company emphasizes its commitment to safe and reliable offshore operations in Brazil with this continued collaboration.

Greenlight Capital Sold Seadrill (SDRL) in Q4 as It Missed the Inflection

https://sg.finance.yahoo.com/news/greenlight-capital-sold-seadrill-sdrl-124242701.html
Greenlight Capital exited its position in Seadrill Limited (SDRL) in Q4 2025 with a small loss, acknowledging that it overstayed its welcome and missed the inflection point despite an initially correct thesis based on rising drilling rig day rates. The investment management company stated this in its fourth-quarter 2025 investor letter, where it detailed its investment strategy and reported a 9.0% net return for 2025, compared to 17.9% for the S&P 500 index. While 38 hedge funds held SDRL at the end of Q3 2025, Greenlight now believes certain AI stocks offer greater upside potential with less risk.

Seadrill Announces West Saturn Contract Extension

https://www.euro-petrole.com/seadrill-announces-west-saturn-contract-extension-n-i-29617
Seadrill Limited announced that Equinor Brasil Energia Ltda has exercised a one-year priced option for the ultra-deepwater drillship West Saturn, adding $114 million to its contract backlog. This extension prolongs the contract, which began in 2022, through October 2027. Seadrill's CEO highlighted the continued collaboration with Equinor in Brazil, emphasizing a shared commitment to safe and reliable offshore operations.
Advertisement

Equinor extends Seadrill’s West Saturn drillship deal to 2027

https://www.stocktitan.net/news/SDRL/seadrill-announces-west-saturn-contract-hxnjtvr6gfb5.html
Seadrill Limited announced that Equinor Brasil Energia Ltda has exercised a one-year option for the ultra-deepwater drillship West Saturn. This extension adds $114 million to Seadrill's contract backlog and prolongs the agreement through October 2027, highlighting the continued collaboration between the two companies in Brazil. Seadrill's CEO emphasized the company's commitment to safe and reliable offshore operations in the region.

Seadrill Schedules Fourth Quarter 2025 Earnings Release and Conference Call

https://www.barchart.com/story/news/37258782/seadrill-schedules-fourth-quarter-2025-earnings-release-and-conference-call
Seadrill Limited (NYSE: SDRL) has announced it will release its fourth quarter 2025 results on Wednesday, February 25, after the close of the NYSE. The company will then host a conference call to discuss these results on Thursday, February 26, at 08:00 CT / 15:00 CET. Interested parties can join the call via a provided dial-in number or through a live webcast on Seadrill's Investor Relations website.

Seadrill sets late-Feb. dates for Q4 2025 earnings and call

https://www.stocktitan.net/news/SDRL/seadrill-schedules-fourth-quarter-2025-earnings-release-and-vl381cpl5me0.html
Seadrill Limited (NYSE: SDRL) has announced it will release its fourth quarter 2025 financial results on Wednesday, February 25, after the market closes. The company will host a conference call to discuss these results on Thursday, February 26, at 08:00 CT / 15:00 CET. Interested parties can join the call via phone or webcast on the Investor Relations section of Seadrill's website.

Why Seadrill (SDRL) Is Up 11.4% After Securing US$235 Million In New Offshore Contracts

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/why-seadrill-sdrl-is-up-114-after-securing-us235-million-in
Seadrill (SDRL) shares rose 11.4% after the company secured new offshore contracts for its West Capella, West Elara, and West Carina rigs, totaling approximately US$235 million in firm-term contract value. These contracts extend Seadrill's revenue visibility into 2026–2027 across three key offshore regions, supporting the thesis of continued offshore activity and improved contract coverage. Investors are weighing this against Seadrill's current thin profitability and premium earnings multiple.

Seadrill Ltd (SDRL) Trading 4.11% Higher on Jan 23

https://www.gurufocus.com/news/8547571/seadrill-ltd-sdrl-trading-411-higher-on-jan-23?mobile=true
Seadrill Ltd (SDRL) saw its shares surge 4.11% on January 23, reaching an intraday high of $39.68 before closing at $39.65. This price places SDRL near its 52-week high, with analysts forecasting an average target price of $41.13, indicating an "Outperform" status. GuruFocus estimates the fair value (GF Value) at $50.71, suggesting a potential upside of 27.91%.
Advertisement

BWS Financial Reaffirms Buy Rating for Seadrill (NYSE:SDRL)

https://www.marketbeat.com/instant-alerts/bws-financial-reaffirms-buy-rating-for-seadrill-nysesdrl-2026-01-23/
BWS Financial has reiterated its "buy" rating for Seadrill (NYSE:SDRL), setting an $80.00 price target, which suggests a significant upside of over 103% from its current share price. Despite mixed analyst opinions and a "Hold" consensus from MarketBeat with a $43.60 target, Seadrill recently traded around $39.24 after reporting Q3 EPS of ($0.17) (missing estimates) and revenue of $363M (beating estimates). The oil and gas company has a market capitalization of approximately $2.45 billion.

Seadrill stock hits 52-week high at $38.64 By Investing.com

https://ng.investing.com/news/company-news/seadrill-stock-hits-52week-high-at-3864-93CH-2301460
Seadrill Ltd (SDRL) stock reached a 52-week high of $38.64, driven by strong market interest and investor confidence, despite analysts forecasting negative earnings. The offshore drilling contractor has seen an 8.44% gain in the past week and a 29.71% return over six months. The company recently secured new drilling contracts worth approximately $235 million, including a significant program for the West Capella drillship in Malaysia, and received a raised price target from BTIG to $40.

Seadrill stock hits 52-week high at $38.64

https://www.investing.com/news/company-news/seadrill-stock-hits-52week-high-at-3864-93CH-4460659
Seadrill (SDRL) stock reached a 52-week high of $38.64, demonstrating significant investor confidence. The offshore drilling contractor has shown strong momentum with an 8.44% gain in the past week and a 29.71% return over six months. This positive sentiment is further supported by recent drilling contracts valued at approximately $235 million and a raised price target from BTIG to $40.

Seadrill secures $235 million in new drilling contracts By Investing.com

https://ng.investing.com/news/company-news/seadrill-secures-235-million-in-new-drilling-contracts-93CH-2298272
Seadrill Limited (NYSE:SDRL) has secured new drilling contracts totaling approximately $235 million for three of its rigs. This includes a $157 million contract for the West Capella in Malaysia, expected to start in Q2 2026, and a $78 million accommodation contract for the West Elara with Equinor AS in Norway, starting in Q3 2026. Additionally, the West Carina's contract in Brazil has been extended through April 2026, reflecting increased demand in the offshore drilling sector.

Seadrill (SDRL) Surges 8.9%: Is This an Indication of Further Gains?

https://sg.finance.yahoo.com/news/seadrill-sdrl-surges-8-9-083900917.html
Seadrill (SDRL) shares surged 8.9% following the announcement of new offshore drilling contracts valued at approximately $235 million. These contracts enhance the company's revenue backlog and improve earnings visibility into 2026-2027, driven by strong demand for high-specification rigs. While Seadrill is expected to post quarterly earnings of $0.07 per share and revenues of $332 million, its Zacks Rank of #3 (Hold) suggests investors should monitor earnings estimate revisions for sustained strength.
Advertisement

Seadrill secures $235 million in new drilling contracts By Investing.com

https://in.investing.com/news/company-news/seadrill-secures-235-million-in-new-drilling-contracts-93CH-5196469
Seadrill Limited has announced new drilling contracts totaling approximately $235 million for three of its rigs. The contracts include the West Capella drillship in Malaysia, the West Elara accommodation contract with Equinor in Norway, and an extension for the West Carina in Brazil. These agreements highlight increased demand in the offshore drilling sector, with Seadrill showing strong recent performance and a positive outlook from analysts.

Seadrill Lands $235 Million Contract In New Rig Work

https://www.benzinga.com/news/contracts/26/01/50033041/seadrill-lands-235-million-contract-in-new-rig-work
Seadrill (NYSE: SDRL) announced new rig contracts across Malaysia, Norway, and Brazil, leading to a premarket stock rise. The contracts include a $157 million deal for the West Capella in Malaysia, a $78 million agreement for the West Elara in Norway, and an extension for the West Carina in Brazil, significantly improving the company's earnings outlook.

Seadrill secures $235 million in new drilling contracts

https://www.investing.com/news/company-news/seadrill-secures-235-million-in-new-drilling-contracts-93CH-4457154
Seadrill Limited has secured new drilling contracts worth approximately $235 million for three rigs, demonstrating strong momentum in the offshore drilling sector. These contracts include a $157 million deal for the West Capella in Malaysia, a $78 million accommodation contract for the West Elara with Equinor in Norway, and an extension for the West Carina in Brazil. The company's stock has seen a 25% return over the past six months, and BTIG recently raised its price target for Seadrill from $33 to $40.

Malaysia, Norway, Brazil deals keep Seadrill rigs working into 2027

https://www.stocktitan.net/news/SDRL/seadrill-announces-multiple-contract-x546zdfc9tbx.html
Seadrill Limited announced new and extended contracts for its drilling rigs in Malaysia, Norway, and Brazil. The West Capella drillship secured a $157 million contract in Malaysia, the West Elara will perform an accommodation contract for Equinor in Norway worth $78 million, and the West Carina's contract in Brazil has been extended through April 2026. These contracts, which span into 2027, enhance Seadrill's earnings potential and reaffirm its relationships with long-standing customers.

Assessing Seadrill’s Valuation After Citigroup Downgrade To Sell

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/assessing-seadrills-valuation-after-citigroup-downgrade-to-s
Citigroup downgraded Seadrill (SDRL) from Neutral to Sell, citing a lower valuation view, which has drawn attention to the offshore driller's risk profile. While Seadrill's stock has shown recent momentum, its current P/E ratio of 64.6x is higher than the industry average, suggesting potential overvaluation despite a narrative that points to the stock being 19.1% undervalued based on future contract assumptions. However, potential challenges like softer utilization and legal issues could impact this optimistic outlook.
Advertisement

Packer & Co Ltd Acquires New Position in Seadrill Limited $SDRL

https://www.marketbeat.com/instant-alerts/filing-packer-co-ltd-acquires-new-position-in-seadrill-limited-sdrl-2026-01-15/
Packer & Co Ltd has acquired a new position in Seadrill Limited (NYSE: SDRL), purchasing 450,080 shares valued at approximately $13.6 million, making it their 7th largest holding. This move comes as institutional ownership in Seadrill is high at 95.67%, with other major funds also increasing their stakes. Despite Seadrill missing recent EPS estimates, revenue exceeded expectations, and analysts maintain a "Hold" consensus rating with a target price of $43.40.

Seadrill Limited (NYSE:SDRL) Given Consensus Recommendation of "Hold" by Brokerages

https://www.marketbeat.com/instant-alerts/seadrill-limited-nysesdrl-given-consensus-recommendation-of-hold-by-brokerages-2026-01-15/
Seadrill Limited (NYSE:SDRL) has received a consensus "Hold" recommendation from eight brokerage firms, with an average 1-year price target of $43.40. Analyst ratings range from "strong sell" to "strong buy," reflecting mixed views on the oil and gas company. Institutional investors have significantly increased their stakes in Seadrill, which recently reported an earnings miss but exceeded revenue estimates.

Seadrill Ltd (SDRL) Shares Up 3.75% on Jan 13

https://www.gurufocus.com/news/4108824/seadrill-ltd-sdrl-shares-up-375-on-jan-13
Shares of Seadrill Ltd (SDRL) increased by 3.75% to $34.90 on January 13, trading at 10.60% below its 52-week high. Wall Street analysts have an average one-year price target of $41.38, indicating an 18.55% upside, with an "Outperform" consensus recommendation. GuruFocus estimates a fair value of $51.06, suggesting a potential 46.3% upside for the stock.

Seadrill Limited stock jumps 7% as oil rally blunts Citi downgrade

https://ts2.tech/en/seadrill-limited-stock-jumps-7-as-oil-rally-blunts-citi-downgrade/
Seadrill Limited (SDRL) stock surged 7% to $36.01, reaching $36.03, despite a recent "Sell" downgrade from Citi and a price target reduction to $32. The rebound was primarily driven by a rally in crude oil prices, with Brent hitting $65.75 and U.S. WTI reaching $61.29, fueled by concerns over Iranian export disruptions. Rivals like Valaris and Transocean also saw gains, as investors focused on the positive impact of rising oil prices on offshore drilling despite lingering concerns about rig downtime and day rates.

Seadrill cut to Sell at Citi, expecting disappointing 2026 EBITDA guidance (SDRL:NYSE)

https://seekingalpha.com/news/4538563-seadrill-cut-to-sell-at-citi-expecting-disappointing-2026-ebitda-guidance
Citi downgraded Seadrill (SDRL) to Sell from Neutral, setting a $32 price target, down from $35. The downgrade is based on expectations of disappointing 2026 EBITDA guidance, leading to a 5.3% drop in Seadrill's stock on Monday.
Advertisement

Seadrill stock price target raised to $40 from $33 at BTIG on dayrate resilience

https://www.investing.com/news/analyst-ratings/seadrill-stock-price-target-raised-to-40-from-33-at-btig-on-dayrate-resilience-93CH-4439070
BTIG has increased its price target for Seadrill Ltd. (NYSE:SDRL) to $40 from $33, while maintaining a Buy rating, citing the resilience of dayrates despite prevailing market conditions. This new target suggests a 14% upside from the current price, with InvestingPro data indicating potential undervaluation and a higher fair value. The firm anticipates strengthening dayrates later in 2026 due to increasing activity and a lack of competitive stacked rigs, despite expecting the first half of the year to remain challenging.

Seadrill stock price target raised to $40 from $33 at BTIG on dayrate resilience

https://ng.investing.com/news/analyst-ratings/seadrill-stock-price-target-raised-to-40-from-33-at-btig-on-dayrate-resilience-93CH-2282166
BTIG has increased its price target for Seadrill Ltd. (NYSE:SDRL) to $40 from $33, while maintaining a Buy rating, citing the resilience of dayrates despite market conditions. The firm notes that while floater activity has decreased from 2024 peaks, current utilization rates are close to levels that previously supported higher dayrates. Seadrill also recently secured three new contracts valuing $48 million, further strengthening its operational outlook and backlog.

Seadrill stock price target raised to $40 from $33 at BTIG on dayrate resilience

https://m.investing.com/news/analyst-ratings/seadrill-stock-price-target-raised-to-40-from-33-at-btig-on-dayrate-resilience-93CH-4439070?ampMode=1
BTIG has raised its price target for Seadrill Ltd. (NYSE:SDRL) to $40.00 from $33.00, maintaining a Buy rating, due to resilient dayrates despite current market conditions. The firm noted that floater utilization is approaching levels seen when dayrates exceeded $500,000, and cited a recent contract for the Mykonos drillship as evidence of strong rates. Seadrill also secured three new contracts totaling $48 million for other rigs, further enhancing its operational outlook and backlog.

Seadrill (NYSE:SDRL) Given New $40.00 Price Target at BTIG Research

https://www.marketbeat.com/instant-alerts/seadrill-nysesdrl-given-new-4000-price-target-at-btig-research-2026-01-09/
BTIG Research has increased its price target for Seadrill (NYSE: SDRL) to $40.00 from $33.00, reiterating a "buy" rating for the oil and gas company's stock. This new target suggests a potential upside of 14.22% from its previous close. While analyst opinions are mixed, with a consensus "Hold" rating and an average price target of $44.00, Seadrill's recent performance includes an EPS miss and a current market capitalization of $2.18 billion.

Seadrill stock price target raised to $40 from $33 at BTIG on dayrate resilience

https://in.investing.com/news/analyst-ratings/seadrill-stock-price-target-raised-to-40-from-33-at-btig-on-dayrate-resilience-93CH-5180384
BTIG has raised its price target for Seadrill Ltd. (NYSE:SDRL) to $40 from $33, maintaining a Buy rating due to resilient dayrates in the offshore drilling market. Despite a slight decrease in floater activity and working floater count, utilization rates remain strong, nearing levels where leading edge dayrates exceeded $500,000. Seadrill's recent contract wins, including the Mykonos drillship contract, underscore its financial health and operational strength.
Advertisement

Seadrill (NYSE:SDRL) Rating Increased to Hold at Zacks Research

https://www.marketbeat.com/instant-alerts/seadrill-nysesdrl-rating-increased-to-hold-at-zacks-research-2026-01-03/
Zacks Research has upgraded Seadrill (NYSE:SDRL) from a "strong sell" to a "hold" rating. This comes amidst mixed analyst opinions, with a consensus "Hold" rating and a target price of $41.60. Seadrill reported an EPS loss of $0.17 for the quarter but exceeded revenue expectations at $363 million.

Seadrill (NYSE:SDRL) Stock Price Crosses Above Two Hundred Day Moving Average - Here's What Happened

https://www.marketbeat.com/instant-alerts/seadrill-nysesdrl-stock-price-crosses-above-two-hundred-day-moving-average-heres-what-happened-2025-12-30/
Seadrill (NYSE:SDRL) stock price has crossed above its two hundred day moving average, trading as high as $33.85. The company recently reported Q3 EPS of ($0.17), missing estimates, but revenue of $363.0M beat expectations. Analysts currently have an average "Hold" rating on the stock with a consensus price target of $41.60.

Seadrill (SDRL) Is Up 7.9% After New Gulf and Angola Contracts Extend Rig Visibility – Has The Bull Case Changed?

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/seadrill-sdrl-is-up-79-after-new-gulf-and-angola-contracts-e
Seadrill (SDRL) recently secured new contracts for its West Neptune and Sevan Louisiana rigs in the U.S. Gulf and extended operations for the Sonangol Quenguela in Angola through February 2027, adding approximately US$48 million to its backlog. These developments improve near-term utilization and rig visibility, particularly the Sonangol Quenguela extension which mitigates risks of idle time in Angola. While these contracts strengthen the company's position to navigate a softer cycle, potential legal and regulatory challenges, along with day rate pressures, remain key considerations for investors.

Seadrill (SDRL) Is Up 7.9% After New Gulf and Angola Contracts Extend Rig Visibility – Has The Bull Case Changed?

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/seadrill-sdrl-is-up-79-after-new-gulf-and-angola-contracts-e/amp
Seadrill Limited secured new contracts for drilling rigs in the U.S. Gulf and an extension for operations in Angola, adding approximately US$48 million to its backlog. These developments enhance near-term utilization and rig visibility, particularly the Angola extension which addresses political and administrative delay risks. However, the company still faces challenges from softer day rates through 2026 and potential legal setbacks, which investors must consider alongside the improved contract visibility.

Seadrill Limited (NYSE:SDRL) Receives Consensus Recommendation of "Hold" from Analysts

https://www.marketbeat.com/instant-alerts/seadrill-limited-nysesdrl-receives-consensus-recommendation-of-hold-from-analysts-2025-12-21/
Seadrill Limited (NYSE:SDRL) has received a consensus "Hold" rating from analysts, with an average 12-month target price of $41.60. The company recently reported an EPS miss of ($0.17) against expectations of $0.26, though revenue exceeded estimates at $363.0M. Institutional investors hold a significant 95.67% stake in the offshore drilling services provider.
Advertisement

Do Seadrill’s (SDRL) New Gulf and Angola Deals Quietly Recast Its Offshore Risk Profile?

https://www.sahmcapital.com/news/content/do-seadrills-sdrl-new-gulf-and-angola-deals-quietly-recast-its-offshore-risk-profile-2025-12-17
Seadrill Limited recently announced new contract awards for rigs in the U.S. Gulf of Mexico and an extension in Angola, securing work into February 2027 and adding $48 million to its backlog. While these deals support near-term utilization and backlog, they do not fundamentally alter the key near-term catalyst or risks related to day rates and margin pressure. The Angola extension is particularly relevant as it addresses idle time risk in a challenging region, reducing revenue volatility for that specific rig.

Seadrill Expands Backlog With New Rig Contracts in US Gulf & Angola

https://www.tradingview.com/news/zacks:6d3f8cfb7094b:0-seadrill-expands-backlog-with-new-rig-contracts-in-us-gulf-angola/
Seadrill Limited has secured multiple drillship contracts, expanding its backlog and strengthening customer relationships. These include contracts for the West Neptune and Sevan Louisiana drillships in the US Gulf of Mexico and an extension for the Sonangol Quenguela drillship in Angola, extending its operations until February 2027. The contracts help Seadrill avoid idle periods and ensure revenue visibility well into 2027.

Do Seadrill’s (SDRL) New Gulf and Angola Deals Quietly Recast Its Offshore Risk Profile?

https://simplywall.st/stocks/us/energy/nyse-sdrl/seadrill/news/do-seadrills-sdrl-new-gulf-and-angola-deals-quietly-recast-i/amp
Seadrill Limited recently announced new contract awards for the West Neptune and Sevan Louisiana in the U.S. Gulf of Mexico, and an extension for the Sonangol Quenguela in Angola, adding significant backlog and extending rig utilization into February 2027. These deals, particularly the Angola extension, appear to reduce near-term revenue volatility and improve backlog visibility for Seadrill, addressing some investment risks despite ongoing concerns about pricing power and recent net losses. The article explores how these contracts impact Seadrill's investment narrative and risk profile, especially in light of varying fair value estimates from the Simply Wall St Community.

Seadrill wins trio of contracts in US Gulf and Africa

https://www.upstreamonline.com/rigs-and-vessels/seadrill-wins-trio-of-contracts-in-us-gulf-and-africa/2-1-1917850
Seadrill has secured three new contracts, including a drillship contract awarded by LLOG Exploration in the US Gulf. Additionally, a five-well option has been exercised, extending drillship operations in Angola. The article highlights Seadrill's continued success in securing drilling contracts across key regions.

Seadrill Announces Contract Awards in the U.S. Gulf and Angola

https://www.euro-petrole.com/seadrill-announces-contract-awards-in-the-u-s-gulf-and-angola-n-i-29414
Seadrill Limited announced new contract awards for its rigs in the U.S. Gulf and Angola. The West Neptune secured a four-month extension with LLOG Exploration, adding $48 million to its backlog. The Sevan Louisiana will undertake a two-month program for an undisclosed operator, featuring the maiden deployment of Trendsetter well-intervention equipment. Additionally, a five-well option was exercised for the Sonangol Quenguela in Angola, extending its operations until February 2027.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement