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SDRL / Seadrill Warns Of Near-Term Headwinds, But Long-Term Outlook Still Solid

Seadrill Warns Of Near-Term Headwinds, But Long-Term Outlook Still Solid
After marking a new 52-week high in early September, shares of leading offshore driller Seadrill Limited have retreated by almost 20% in recent weeks. The setback would have likely been much worse without the company aggressively buying back shares in the open market under its recently announced $250 million share repurchase program. In a recent presentation, the company warned of near-term headwinds from increased idle time, inflationary pressures, and heavy maintenance requirements. Read More
Posted: Nov 1 2023, 00:35
Author Name: Seeking Alpha
Views: 112276

SDRL News  

Seadrill (SDRL) Loses -10.06% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

By Zacks Investment Research
November 1, 2023

Seadrill (SDRL) Loses -10.06% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Seadrill (SDRL) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong more_horizontal

Seadrill Warns Of Near-Term Headwinds, But Long-Term Outlook Still Solid

By Seeking Alpha
November 1, 2023

Seadrill Warns Of Near-Term Headwinds, But Long-Term Outlook Still Solid

After marking a new 52-week high in early September, shares of leading offshore driller Seadrill Limited have retreated by almost 20% in recent weeks. more_horizontal

Seadrill Announces Third Quarter 2023 Earnings Release and Conference Call

By Business Wire
October 24, 2023

Seadrill Announces Third Quarter 2023 Earnings Release and Conference Call

HAMILTON, Bermuda--(BUSINESS WIRE)--October 24, 2023-- Seadrill Limited ("Seadrill” or the “Company") (NYSE & OSE: SDRL) will report third quarter more_horizontal

Down -8.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Seadrill (SDRL)

By Zacks Investment Research
October 23, 2023

Down -8.55% in 4 Weeks, Here's Why You Should You Buy the Dip in Seadrill (SDRL)

Seadrill (SDRL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among W more_horizontal

Seadrill Limited (SDRL) Q2 2023 Earnings Call Transcript

By Seeking Alpha
August 17, 2023

Seadrill Limited (SDRL) Q2 2023 Earnings Call Transcript

Seadrill Limited (NYSE:SDRL ) Q2 2023 Results Conference Call August 15, 2023 9:00 AM ET Company Participants Lydia Mabry - Director, IR Simon Johnson more_horizontal

Seadrill stock on the rise after strong quarter

By Proactive Investors
August 15, 2023

Seadrill stock on the rise after strong quarter

Seadrill Ltd (NYSE:SDRL) stock is set to start Tuesday's session on the front foot after the oil and gas contractor boasted strong quarterly results. more_horizontal

Has Seadrill overcome stormy financial waters, rig activity a focus ahead of quarterly results

By Proactive Investors
August 14, 2023

Has Seadrill overcome stormy financial waters, rig activity a focus ahead of quarterly results

Shareholders and creditors alike will watch keenly the outlook for oil and gas contractor Seadrill Ltd (NYSE:SDRL) as it reports on its second quarter more_horizontal

Seadrill Limited Announces Second Quarter 2023 Earnings Release Date

By PRNewsWire
July 20, 2023

Seadrill Limited Announces Second Quarter 2023 Earnings Release Date

HAMILTON, Bermuda , July 20, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) will report earnings for th more_horizontal


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