|Bid||12.00 x N/A|
|Ask||12.09 x N/A|
|Day's Range||11.80 - 12.38|
|52 Week Range||11.80 - 142.10|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||27.60|
Hamilton, Bermuda, November 14, 2019 - Seadrill Limited is scheduled to release its third quarter 2019 results on Thursday 21st November 2019. A conference call and webcast.
The red zone of an oil rig’s drill floor — where humans and moving equipment interact, sometimes with horrifying consequences — is among the most dangerous workplaces on earth. In 2017, the US Bureau of Safety and Environmental Enforcement issued an alert to rig operators in the Gulf of Mexico about the correct management of these hazardous zones, one week after a worker was crushed to death in a red zone on the Petrobras 10,000 Drillship, a mobile rig. Although deepwater drilling contractor Seadrill was not involved in any way, the incident prompted it to look again at its own red zones.
Hamilton, Bermuda, November 4, 2019 - Seadrill Limited (“Seadrill”) has secured a two year contract with Petroleo Brasileiro S.A. (“Petrobras”) for the West Tellus in Brazil. Total contract value is expected to be approximately $170 million, inclusive of managed pressure drilling and ancillary services, with commencement expected in 4Q 2019, in direct continuation of its current contract with Petrobras. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts.
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In 2018, an offshore drilling company emerged from the largest oil field services bankruptcy since the start of the 2015 downturn. Now, the CEO believes his industry is entering a growth phase.
Following an “absolutely horrible year,” analysts are cautiously optimistic about the offshore drilling sector, though investors still aren’t buying in
Hamilton, Bermuda, September 4, 2019 – Sonadrill Holding Ltd (“Sonadrill”), Seadrill Limited’s (“Seadrill”) 50:50 joint venture with an affiliate of Sonangol E.P. (“Sonangol”), has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship. The estimated total contract value is $101 million with commencement expected late Q3 2019 and running to early 2021. The Libongos is the first of two Sonangol owned drillships to be bareboat chartered into Sonadrill along with two Seadrill-owned or managed units.
Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts. When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F (File No. 333-224459).
This Hamilton, Bermuda, August 26, 2019 - Seadrill Limited ("Seadrill" or the "Company") announces that 308,371 Restricted Stock Units ("RSUs”) were awarded on August 23, 2019....
Seadrill's core earnings for the second quarter exceeded the company's own guidance, and are set to rise in the third, the Oslo and New York-listed oil drilling rig operator said on Tuesday. The company, controlled by Norwegian-born billionaire John Fredriksen, reported $69 million in quarterly adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), beating the $55 million forecast it made in May. "From a market perspective we continue to see increased tendering activity and a favorable shift in contract terms," Chief Executive Anton Dibowitz said in a statement.
Since the end of the second quarter, Seadrill and GDI entered into a 50:50 joint venture, Gulfdrill, which will initially manage and operate five premium jack-ups in Qatar with Qatar Petroleum. The total contract value is expected to be $656 million (including mobilization fees). The contracts have options which could add up to $700 million in additional total contract value.
Seadrill and Gulf Drilling International (GDI) have formed a jointly owned rig firm to conduct exploration on behalf of Qatar Petroleum from 2020 to 2024, Seadrill said late on Thursday. GulfDrill, a 50-50 joint venture between Seadrill and GDI, will initially operate five so-called jackup rigs on a $656 million contract with Qatar Petroleum. The GulfDrill venture will charter two of its rigs from Oslo- and New York-listed Seadrill and three more from an unnamed shipyard.
Hamilton, Bermuda, August 15, 2019 - “Seadrill Limited ("Seadrill" or the “Company) refers to the announcements made on May 1, 2019 in connection with the award of drilling contracts by Qatar Petroleum to Gulf Drilling International (“GDI”). Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020. The total contract value is expected to be $656 million (including mobilization fees).
Hamilton, Bermuda, August 9, 2019 - Seadrill Limited is scheduled to release its second quarter 2019 results on Tuesday 20th August, 2019. A conference call and webcast will be.
Hamilton, Bermuda, July 17, 2019 - Seadrill Limited ("Seadrill" or "the Company") has secured a nine well contract with three options, each for two wells, for the West Gemini in West Africa. Total contract value for the firm portion of the contract is expected to be approximately $84 million with commencement expected in early Q4 2019 and running through Q4 2020. Such statements are generally not historical in nature, and specifically include statements about the Company's plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts.
Hamilton, Bermuda, July 3, 2019 – Seadrill Limited (the “Company”) has received approval from the required majority of shareholders for the written resolutions distributed on June 21, 2019. As a result, the Board of Directors has been increased back to seven seats after it was reduced to six on July 2, 2019 and the newly created seat may be filled by the Directors. The Board of Directors reappointed Scott Vogel on July 2, 2019 and his term runs until the next Annual General meeting.
Hamilton, Bermuda, June 21, 2019 - Seadrill Limited (the "Company") has distributed written resolutions to its shareholders to increase the Board of Directors back to seven seats after it falls to six on July 2, 2019 and for the Directors to fill the newly created seat. The request is being made to shareholders of record on June 13, 2019. Such statements are generally not historical in nature, and specifically include statements about the Company`s plans, strategies, business prospects, changes and trends in its business, the markets in which it operates and its restructuring efforts.
Hamilton, Bermuda, June 6, 2019 - Seadrill Limited (the "Company") advises that the 2019 Annual General Meeting of the Shareholders of the Company was held on June 5, 2019 at 11:00 a.m., at the Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HM CX. The audited consolidated financial statements for the Company for the year ended December 31, 2018 were presented to the Meeting. 1) To increase the authorized share capital of the Company to US$13,888,000.
Hamilton, Bermuda, June 6, 2019 - Seadrill Limited ("Seadrill" or the "Company") is pleased to announce the appointment of Stuart Jackson as Chief Financial Officer, effective upon release from his current employment which is expected by the beginning of August. Stuart is an experienced finance executive with 20 years of experience in CFO roles at LSE, NASDAQ, OSE and AIM listed companies, including offshore and oil field services experience having served as CFO for Bibby Offshore, CEONA Pte and Acergy SA. Commenting, Anton Dibowitz, CEO, stated "Stuart has a breadth of experience, deep industry expertise and a strong track record of creating shareholder value through capital market transactions, mergers & acquisitions and driving efficiency.