Seadrill to consider asset acquisitions, potential M&A, CEO says Sep. 11, 2024 12:54 PM ET By: Carl Surran , SA News Editor [Seeking Alpha]
Seadrill Limited Common Shares (SDRL)
Last seadrill limited common shares earnings: 8/25 04:01 pm
Check Earnings Report
US:NYSE Investor Relations:
seadrill.com/investor-relations.aspx
Company Research
Source: Seeking Alpha
"We are not going to do anything crazy, we've proven our discipline," Johnson said at an investor conference in Norway, but the amount of cash Seadrill ( SDRL ) has on its balance sheet, "which some consider inefficient, gives us both a defensive buffer and a basis for offense" through purchases of distressed assets or players with "distressed balance sheets." Debt restructurings following oil market crashes in 2014 and 2020 led to a wave of consolidation in the sector, which left fewer players with fewer rigs, resulting in higher drilling rates, and "we haven't seen the end of consolidation" in the offshore drilling market, Johnson also said. The CEO declined to say whether Seadrill ( SDRL ) was involved in any negotiations on a possible merger, but while looking to add drilling rigs in order to grow to 20-25 units, "we will be open to being a junior partner in an integration provided that we get the premium that reflects the quality of our assets." Also at the conference, Tra
Show less
Read more
Impact Snapshot
Event Time:
SDRL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SDRL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SDRL alerts
High impacting Seadrill Limited Common Shares news events
Weekly update
A roundup of the hottest topics
SDRL
News
- Seadrill Ltd (SDRL) Q3 2024 Earnings Call Highlights: Strong EBITDA Performance and Strategic ... [Yahoo! Finance]Yahoo! Finance
- Seadrill Announces Third Quarter 2024 Results and Increases Full-Year GuidanceBusiness Wire
- Earnings Preview: Seadrill (SDRL) Q3 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- MOWI: Ole-Eirik Lerøy to step down as Chairman [Yahoo! Finance]Yahoo! Finance
- Transocean Discussing Merger With Rival Seadrill as Offshore Downturn Eases [Yahoo! Finance]Yahoo! Finance