SDRLF News and Press, Seadrill

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Seadrill press release (OTCPK:SDRLF): Q1 Operating profit of $42M Revenue of $293M (-3.9% Y/Y). Adj EBITDA of $78M, representing 26.6% EBITDA margin. Cash and cash equivalents of $553 million as at March 31, 2022 of which $393 million was unrestricted cash. Order Backlog of $2.4 bil...

SFL Corporation's results show signs that the shipping industry is recovering from the effects of the pandemic. The company managed to secure a new contract for several of its container ships which significantly increases contract backlog and revenue visibility. The company sold a...

Sonadrill Holding Ltd secures a new contract for Seadrill's (OTCPK:SDRLF) 50:50 joint venture with an affiliate of Sonangol E.P. The ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship with firm portion total value expected to be ~...

Murphy (MUR) posted in an investor presentation last week that the Company's cutthroat prospect in Brazil could hold up to 1b barrels of oil; Monday it was reported that the Exxon-drilled (XOM) prospect "failed to verify the presence of hydrocarbons" according to Offshore. Exxon (XOM) is the ...

Seadrill Limited (OTCPK:SDRLF) has appointed Simon Johnson as President and Chief Executive Officer. Mr. Johnson will succeed outgoing CEO and President Stuart Jackson, effective immediately. Simon has significant experience in the offshore drilling industry and has served as C...

SDRL - Ex. right to shares in Seadrill today PR Newswire OSLO, Norway , Feb. 23, 2022 /PRNewswire/ -- Issuer name: Seadrill Limited Ex. date: 23 February 2022 Type of corporate action: Right to shares in the new parent company for the Seadrill gro...

Seadrill press release (OTCPK:SDRLF): 2H GAAP EPS of -$0.18. Revenue of $556M (+20.6% Y/Y). Adjusted EBITDA increased to $118M, representing 21.2% EBITDA margin. Cash and cash equivalents as at December 31, 2021 of $535M of which $312M was unrestricted cash. Backlog of $2.2bn, with over ...

Seadrill New Finance Limited (the "Issuer") Announces Confirmation of Pre-Packaged Financial Restructuring PR Newswire HAMILTON, Bermuda , Jan. 12, 2022 /PRNewswire/ -- Seadrill Limited (" Seadrill " or the " Company ") (OSE: SDRL) (OTCPK: SDRLF) &#x...

Seadrill New Finance Limited (the "Issuer") Announces Seabras JV Fleet Status Report PR Newswire HAMILTON, Bermuda , Nov. 30, 2021 /PRNewswire/ -- Seadrill Limited ("Seadrill" or "the Company") (OSE: SDRL, OTCPK: SDRLF) and the Issuer announce the publication of ...