SDRL News and Press, Seadrill Limited From 12/16/23

2023-12-16 09:49:48 ET Summary Last month, leading shallow water driller Borr Drilling reported Q3/2023 results in line with management's most recent projections and reaffirmed guidance for both 2023 and 2024. Despite the somewhat disappointing terms of the recent debt refinancing...

2023-12-14 11:57:56 ET More on Seadrill Seadrill: Decent Quarter, But Near-Term Prospects Remain Muted Seadrill: Investment Case Remains Compelling Seadrill Q3 2023 Earnings Call Transcript Seadrill surges with a new $250M share buyback program Seadri...

December 14, 2023-- As previously announced, Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) has decided to close its London, England office and consolidate its corporate office in Houston, Texas. The Company announced today that its Executive Vice President and Chief Operat...

December 14, 2023-- Seadrill Limited ("Seadrill" or the "Company") (NYSE & OSE: SDRL) recently completed its $250 million share repurchase program which was announced in September 2023. As announced on November 27, 2023, the Board of Directors of the Company authorized additional sha...

2023-12-10 02:39:05 ET Summary For the second time in a row, Tidewater's quarterly earnings per share missed consensus expectations by a wide margin. The underperformance was mostly a result of analyst models not yet reflecting higher depreciation expense as a result of the recent...

2023-12-08 06:24:37 ET Summary Transocean's stock value has decreased by about 35% from its high in August, reflecting the weakness in the oil market. The company's balance sheet shows high debt and liabilities, which is a concern for investors. Despite challenges, Transocean ...

2023-12-07 22:08:36 ET Summary Greenlight Capital's 13F portfolio value decreased by 17% to $1.76 billion in Q3 2023. New stakes were established in DHT Holdings and Herc Holdings. Stake disposals include Black Knight Inc. and Capri Holdings, among others. This artic...

2023-12-04 17:15:25 ET Summary Leading offshore driller Seadrill Limited reports better-than-expected third-quarter results, with strong profitability and decent free cash flow generation. Over the past two months, the company has spent more than $200 million to repurchase approxi...

2023-12-01 16:49:03 ET Summary The company's total consolidated Charter Hire revenues were $214 million in 3Q23, and the total operating revenues were $204.89 million, up from $166.89 million last year. Consolidated adjusted EBITDA increased from $125.58 million reported in the sa...

2023-11-30 07:00:31 ET Summary Seadrill receives a buy rating due to attractive market fundamentals, compelling valuation, and high capital returns. Q3 results exceed expectations, with strong revenue and EBITDA performance. Seadrill announced additional share buybacks and rei...