|Bid||0.0000 x 1200|
|Ask||0.0000 x 1100|
|Day's Range||3.0300 - 3.3200|
|52 Week Range||3.0000 - 107.1079|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 20, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.10|
Norwegian energy sector union Safe on Friday said it planned to take 667 members on strike at floating offshore installations if state-sponsored wage mediation due on June 27 fails. Some Transocean, Seadrill and Odfjell Drilling rigbs could be affected by the potential strike, as well as Equinor's Statfjord C platform, the union said in a statement. Norway's largest oil workers' union Industri Energi on Thursday said it planned to take up to 937 members on strike if the mediation fails.
Hamilton, Bermuda, June 6, 2019 - Seadrill Limited (the "Company") advises that the 2019 Annual General Meeting of the Shareholders of the Company was held on June 5, 2019 at 11:00 a.m., at the Hamilton Princess and Beach Club, 76 Pitts Bay Road, Hamilton HM CX. The audited consolidated financial statements for the Company for the year ended December 31, 2018 were presented to the Meeting. 1) To increase the authorized share capital of the Company to US$13,888,000.
Hamilton, Bermuda, June 6, 2019 - Seadrill Limited ("Seadrill" or the "Company") is pleased to announce the appointment of Stuart Jackson as Chief Financial Officer, effective upon release from his current employment which is expected by the beginning of August. Stuart is an experienced finance executive with 20 years of experience in CFO roles at LSE, NASDAQ, OSE and AIM listed companies, including offshore and oil field services experience having served as CFO for Bibby Offshore, CEONA Pte and Acergy SA. Commenting, Anton Dibowitz, CEO, stated "Stuart has a breadth of experience, deep industry expertise and a strong track record of creating shareholder value through capital market transactions, mergers & acquisitions and driving efficiency.
Oil markets have found themselves torn once again between supply fears and an economic slowdown, with oil prices now having stabilized at a lower level
The offshore rig market recovery is “not happening fast enough” for Seadrill, Carnegie said in a note to clients on Monday. The investment bank cut its recommendation from a buy and lowered the target price to 25 kroner from 210 kroner. The rig company controlled by billionaire John Fredriksen emerged from bankruptcy protection in July after a protracted battle with creditors.
Offshore drilling contractor Seadrill is considering selling non-core assets, including its 15.7% stake in oil service firm Archer , to reduce its liabilities, the firm's outgoing chief financial officer said on Thursday. Seadrill, controlled by Norwegian billionaire John Fredriksen, emerged from U.S. Chapter 11 bankruptcy proceedings last year, and is betting on the offshore oil market's recovery to repay its remaining debts and liabilities. "Reducing leverage remains our priority," Mark Morris told a telephone conference.
NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Seadrill Ltd. (NYSE: SDRL ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 23, 2019 at 9:00 AM Eastern Time. ...
Highlights Revenue of $302 million Operating loss of $71 million Adjusted EBITDA of $72 million 93% economic utilization Reported net loss of $296 million and net loss per share of $2.95 Total cash ...
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Seadrill Limited ("Seadrill" or the "Company") refers to the announcement by Gulf International Services, which makes reference to Seadrill, made in connection with the award of 6 drilling contracts by Qatar Petroleum to Gulf Drilling International Ltd (GDI). Seadrill has an existing Strategic Cooperation Agreement (SCA) with GDI under which one rig is currently operating in Qatar. The Company is working with GDI to finalize an agreement to provide up to 5 additional Jack-up rigs under the terms of the SCA.
Hamilton, Bermuda, May 1, 2019 - Seadrill Limited is scheduled to release its first quarter 2019 results on Thursday May 23 rd , 2019. A conference call and webcast will be held at 09:00 a.m. EDT / 2:00 ...
Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters. The rig, which was boarded by four activists on ...
Hamilton, Bermuda, April 29, 2019 - Seadrill Limited ("Seadrill") announces today that it has scheduled its 2019 Annual Meeting. Notice is hereby given that the Annual General Meeting will be held ...
Greenpeace activists on Monday climbed aboard a Seadrill drilling rig commissioned by Equinor in protest against oil and gas drilling in the Norwegian Arctic, the group told Reuters. The rig is due to drill a well in the Equinor-operated production license 859 in the eastern part of the Barents Sea, some 435 kilometres (270 miles) northeast of the coast of continental Norway. The rig was due to begin its contract with Equinor in the coming days, and drilling operations were scheduled to start in early May, a company spokesman said, declining to give the precise start date or how that may be affected by the protest.
The tender offer expired at 11:59 p.m., New York City time, on April 8, 2019 (the "Expiration Time"). Approximately $757.1 million in aggregate principal amount of the Notes, or approximately 98.5% of the amount outstanding, were validly tendered and not validly withdrawn. Of this amount, $311.1 million in aggregate principal amount of the Notes will be purchased at a price of 107 plus accrued and unpaid interest up to, but not including, the settlement date, which is expected to be on or about April 10, 2019. Upon the settlement of the tender offer, the amendments to the indenture related to the Notes announced on March 11, 2019 will become effective and approximately $457.7 million in aggregate principal amount of Notes will remain outstanding and held by third parties.
Seadrill Limited ("Seadrill or the Company") announces that it has filed its annual report on Form 20-F for the year ended December 31, 2018 with the Securities and Exchange Commission in the U.S. The report can be accessed on the website of the U.S. Securities and Exchange Commission, www.sec.gov and at www.seadrill.com. This announcement is distributed by West Corporation on behalf of West Corporation clients.
The tender offer will expire at 11:59 p.m., New York City time, on April 8, 2019 (the "Expiration Time"). All holders who participate in the tender offer will have their notes accepted on a pro rata basis for purchase as set forth in the offer to purchase. Subject to applicable law and the terms and conditions of the offer to purchase, the Company may terminate the tender offer, waive any or all of the conditions of the tender offer prior to the Expiration Time, extend the Expiration Time or amend the terms of the tender offer.
Seadrill Limited (the "Company") announces the successful completion of the consent solicitation process to amend certain terms of the indenture and the escrow agreement related to its 12.0% Senior Secured Notes due 2025 (the "Notes"). The consent solicitation expired at 5:00 p.m., New York City time, on March 8, 2019. Approximately 89% in aggregate principal amount of the Notes consented to the proposed amendments and a consent fee totaling c.$1.7 million was paid to consenting noteholders. The company has entered into a supplemental indenture and amended escrow agreement related to the Notes. The amendments will become effective upon the successful completion of a c.$340 million tender offer for the Notes, if completed by April 30, 2019.
Seadrill's core earnings for the fourth quarter exceeded the company's own guidance, boosted by lower costs and one-off items, while the market outlook for drilling rigs was improving, the Oslo and New York-listed firm said on Tuesday. The company, controlled by Norwegian-born billionaire John Fredriksen, reported $73 million in quarterly adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), more than double the $35 million forecast it made in November. "The offshore drilling market continues to show signs of improvement with increased tendering activity and better contract economics," Chief Executive Anton Dibowitz said in a statement.