Added to YB: 2026-09-24
Pitch date: 2026-09-20
SDRL [bullish]
Seadrill Limited
-2.17%
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 floaters, such as drillships and semi-submersible rigs for operations in shallow and ultra-deep water in benign and harsh environments.
Market Cap
$3.0B
Pitch Price
$47.46
Price Target
55.47 (+18%)
Dividend
N/A
EV/EBITDA
8.47
P/E
2.9K
EV/Sales
2.29
Sector
Energy Equipment and Services
Category
turnaround
The Index Is Fine. 70% of Its Stocks Are Not. - Trade of the Week: $SDRL
SDRL: Seadrill offers a lagging rig trade supported by scarce rigs and a raised outlook: Q2 revenue was $449M, adjusted EBITDA was $144M and fleet utilization was 95.5%, while the 2026 EBITDA outlook rose to $420-$450M. Buy in halves at $47.16 and $45.90, targeting $51.08-$55.47 with a close below $45 as the stop; a ceasefire and oil returning to $80 would undermine the trade.
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