BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

SDRL: Deal Is Done, Now for the Free Cash Flow

SDRL: Aquadrill Numbers Ahead of Q1 Results

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>SDRL remains scheduled to report fourth quarter results on April 5, 2023, while awaiting final regulatory approval to close the Aquadrill acquisition</li>
<li>We continue to view the transaction as a gamechanger for SDRL as Aquadrill would further improve SDRL’s balance sheet while letting SDRL leverage its back office and scale for Aquadrill</li>
<li>SDRL’s registration statement included disclosures of SDRL making additional principal payments in first quarter of 2023.</li>
</ul>


SDRL remains scheduled to report fourth quarter results on April 5, 2023, while awaiting final regulatory approval to close the Aquadrill acquisition
We continue to view the transaction as a gamechanger for SDRL as Aquadrill would further improve SDRL’s balance sheet while letting SDRL leverage its back office and scale for Aquadrill
SDRL’s registration statement included disclosures of SDRL making additional principal payments in first quarter of 2023.


Seadrill

SDRL: Merger and Earnings