Professional
Added to YB: 2025-04-28
Pitch date: 2025-04-12
SDRL [neutral]
Seadrill Limited
+58.21%
current return
Author Info
No bio for this author
Company Info
Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company owns and operates drill ships and semi-submersible rigs for operations in shallow and ultra-deep water in benign and harsh environments.
Market Cap
$1.9B
Pitch Price
$20.22
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.15
P/E
54.83
EV/Sales
1.61
Sector
Energy Equipment and Services
Category
turnaround
Patient Capital Management Portfolio Holding: Seadrill Limited
SDRL (holding update): 4th largest deepwater drilling specialist with net cash post-Feb 2022 bankruptcy. 50% industry rig scrapping + consolidation created rational market. Positioned for rebound as onshore production limits hit, offshore demand rises. Specialized fleet + minimal debt = consolidation candidate or acquisition target.
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