SDRL: Pacing Out the Year
SDRL's management repeated commentary that had been shared by peers about contract activity having slowed. For SDRL, this means there is limited...
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Seadrill Ltd (SDRL) - Sunday, Mar 31, 2024
Seadrill is a $3.4 billion offshore drilling company headquartered in Houston, TX. The company is expected to generate significant EBITDA and free...
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SDRL: Drilling for Cash Flow
Day rates have continued to move higher, and we expect contract activity to pick up in the second half of the year. SDRL announced the sale of its...
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SDRL: Tighter Outlook, PT to $80
Our price target is now $80 from $62 to reflect our 2025 adjusted EBITDA outlook. We are basing our forecast on tighter supply expecting drill...
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SDRL: Navigating Thru Maintenance
SDRL has several vessels undergoing maintenance this year before their next contracts eroding the possibility of adjusted EBITDA growth. We do not...
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