SEADRILL Ltd
Seadrill is an offshore drilling contractor that provides services worldwide to oil and gas companies, including oil super-majors, state-owned national oil companies and independent companies. It owns and operates drillships, semi-submersible rigs and jackup rigs for offshore drilling in environments ranging from benign to harsh and in water depths from shallow to ultra-deep. As of December 31, 2025, Seadrill owned 15 drilling units and managed two units owned by Sonangol. Seadrill earns money by contracting drilling units to customers for fixed terms or well completion, generally at an agreed dayrate. It may also receive fees for mobilizing or demobilizing equipment and personnel, capital additions and upgrades. The company also provides management services to certain affiliated entities. Seadrill is headquartered in Hamilton.
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See all $SDRL insider activity →Barclays kept Seadrill's rating at Overweight and increased its price target to $61 from $59, suggesting a 44.5% upside from the Nov 6 close of $42.20.
Seadrill (SDRL) announced new contracts extending operations for several rigs, including the Sonangol Libongos in Angola until 2030 and the West Capella in Malaysia until 2028. The West Carina will begin a two-and-a-half-year contract in Indonesia in 2027. The company expects demand in West Africa and Asia to draw excess capacity from the U.S. Gulf in 2027. Seadrill is marketing the West Gemini, West Aquarius, and West Phoenix rigs for potential contracts.
Seadrill reported third-quarter 2026 results, including $22 million in net loss and $30 million in adjusted EBITDA. The company secured $800 million in new contracts and extended existing ones in Indonesia, Malaysia, Angola, and the U.S. Gulf. It also repurchased $179 million in shares. Full-year guidance for total operating revenues and adjusted EBITDA was increased, while capital expenditure guidance was narrowed.
Over the past 7 days, AlphAI's AI scored 2 news stories mentioning SDRL (SEADRILL Ltd). Coverage has skewed bullish: 2 bullish, 0 neutral, and 0 bearish.
Recent SDRL coverage spans financial news, earnings and market movers.
Analyst upgrade may lift Seadrill shares as investors price in higher valuation.
The new contracts extend Seadrill's revenue stream into 2027‑2028 and add a sizable mobilization fee, likely supporting cash flow.
Seadrill reported third-quarter 2026 results, including $22 million in net loss and $30 million in adjusted EBITDA. The company secured $800 million in new contracts and extended existing ones in Indonesia, Malaysia, Angola, and the U.S. Gulf. It also repurchased $179 million in shares. Full-year guidance for total operating revenues and adjusted EBITDA was increased, while capital expenditure guidance was narrowed.
Positive pressure from sizable new contracts and extensions.
The contract extends the backlog to 2028‑2030, improving revenue visibility and likely boosting the stock.
AlphAI scores every news story that mentions SDRL with an AI model for sentiment and relevance, and aggregates insider trades from SEADRILL Ltd's SEC EDGAR Form 4 filings. Figures refresh continuously.
Barclays kept Seadrill's rating at Overweight and increased its price target to $61 from $59, suggesting a 44.5% upside from the Nov 6 close of $42.20.
Seadrill (SDRL) announced new contracts extending operations for several rigs, including the Sonangol Libongos in Angola until 2030 and the West Capella in Malaysia until 2028. The West Carina will begin a two-and-a-half-year contract in Indonesia in 2027. The company expects demand in West Africa and Asia to draw excess capacity from the U.S. Gulf in 2027. Seadrill is marketing the West Gemini, West Aquarius, and West Phoenix rigs for potential contracts.
Seadrill reported third-quarter 2026 results, including $22 million in net loss and $30 million in adjusted EBITDA. The company secured $800 million in new contracts and extended existing ones in Indonesia, Malaysia, Angola, and the U.S. Gulf. It also repurchased $179 million in shares. Full-year guidance for total operating revenues and adjusted EBITDA was increased, while capital expenditure guidance was narrowed.
Valaris secured contracts totaling $220M, including deals with PETRONAS Suriname and INEOS, and sold 2 rigs. NABEP added rigs in Venezuela, aiming to boost production. Noble won contracts offshore Ghana and Norway. Seadrill announced deals in Indonesia, Malaysia, Angola, and the US Gulf.
Seadrill Limited (SDRL) stock rose 7.75% following the announcement of multi-year offshore drilling contracts. The company reported strong revenue growth (3Y +88.7%) and solid EBITDA margins (27.7%), with a low debt-to-equity ratio (0.26). Analysts highlight aggressive institutional buying and a positive outlook for cash generation and earnings.
Seadrill must pay $55 million after a Norwegian court upheld a ruling that it breached a contract by improperly returning the Hercules rig to SFL Corporation's subsidiary. The amount includes compensation, interest, and legal costs, with SFL awarded full legal fees. Either party can appeal to Norway's Supreme Court with limited chances of approval.
Mixed or offshore upstream E&P stocks reported strong Q2 earnings, with revenues beating estimates by 7.6%. Clean Energy Fuels (CLNE) reported $106.4M revenue, up 3.7% YoY, but its stock fell 19.3%. Granite Ridge Resources (GRNT) saw $149.3M revenue, up 36.7%, and its stock rose 8%. Peabody Energy (BTU) reported $1B revenue, up 12.7%, with a stock gain of 3%. Seadrill (SDRL) and Solaris Energy Infrastructure (SEI) also reported strong earnings and stock gains.
BWS Financial reaffirmed a Buy rating on Seadrill with an $80 price target, suggesting a 63.3% upside from the Oct 13 close. The firm cited strong contract wins and long-term contract extensions as key positive factors for the company.
SFL Corporation (SFL) won a NOK 525M judgment against Seadrill in a contract dispute over the Hercules rig redelivery, including compensation, interest, and legal costs. Either party can appeal, subject to approval.
Seadrill announced a $420M contract for its West Carina drillship in Indonesia, with an 880-day firm duration and options for extension. The company also extended work in Malaysia and Angola.
