SDRL · SEADRILL Ltd
$46.26
-0.23 (-0.49%)
At close · Aug 19
Market Cap
$2.94B
Shares
62.54M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$46.26
Open$46.67
Day$46.11–47.51
52W close$28.40–54.80
Avg vol 30d703K
Short int4.6M · 7.4% float · 6.8d
Short vol38%
Last earningsAug 10, 2026
DataOct 2022–Aug 2026
Filing10-Q · Aug 10
Up next
Next earnings call
Nov 9, 2026
Est · unconfirmed
· in 12 wks
FQ3-26 quarter ends
~Sep 30, 2026
Est
filed Aug 10, 2026
AI Brief
TL;DR.
Bullish
Bearish
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Ask ALVIS about this →Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Buy
Momentum
Strong
Sentiment
Neutral
Fundamentals
Strong
Quant / Vol
Moderate
Market backdrop
VIX 14.9 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+13%
above
Price vs 50-day avg
+9%
above
RSI (14)
57
neutral
MACD trend
Positive
52-week position
68%
mid-range
Momentum
relative strength
1-month return
+3%
trailing
6-month return
+7%
trailing
YTD return
+34%
this year
Relative strength
−5%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $42 › 200d $41 — 50d above 200d
Institutional flow
Distributing
-4% holders QoQ · +34 funds added
Insider flow
Distributing
Net -$5.4M over 90 days · 100% sells
Short interest
Falling
7.37% of float · ▼ -4.7% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
238 holders — mid 3-yr range
Squeeze score
68
elevated · 0–100
Fundamentals
Revenue growth
+4%
Y/Y
EPS growth
+55%
Y/Y
Buyback
$500.0M
authorized
Balance sheet
$274.0M
net debt
Quant / Vol
risk profile
Volatility
42%
annualized · 1-yr
Max drawdown
−31%
past year
ATR
3.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 10, 2026
Total operating revenues
· full year 2026
Initiated
$1.5B – $1.55B
prior FY $1.44B
midpoint +6.1% Y/Y
Adjusted EBITDA
· full year 2026
Non-GAAP
Initiated
$420M – $450M
Capital Expenditure and Long-Term Maintenance
· full year 2026
Initiated
$200M – $240M
Prior guidance
period ended
· from the 8-K filed Nov 5, 2025
Total operating revenue
· Full year 2025
$1.36B – $1.39B
Adjusted EBITDA
· Full year 2025
$330M – $360M
Guided vs delivered
· last 3 settled
Total operating revenue
Full year 2025
guided $1.36B – $1.39B
$1.44B
Beat +4.5%
Total operating revenues
full year 2024
guided $1.47B – $1.52B
$1.39B
Miss −7.4%
Total revenues
full-year 2023
guided $1.5B – $1.52B
$1.5B
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+13%
Bullish
Price vs 50-day avg
+9%
Bullish
RSI (14)
57
Neutral
MACD trend
Positive
Bullish
52-week position
68%
Neutral
Market signals — smart money & positioning
Bearish · 2 of 6
Trend (MA cross)
No cross
50d $42 › 200d $41 — 50d above 200d
Institutional flow
Distributing
-4% holders QoQ · +34 funds added
Insider flow
Distributing
Net -$5.4M over 90 days · 100% sells
Short interest
Falling
7.37% of float · ▼ -4.7% MoM · 6.8 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Steady
238 holders — mid 3-yr range
Price context
position in its 52-week range
Range low $28
Now $46 · 68%
Range high $55
vs 200-day avg +13%
vs 50-day avg +9%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA non-GAAP | $144M | Three months ended June 30, 2026 | — |
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| Adjusted EBITDA excluding Reimbursables non-GAAP | $144M | Three months ended June 30, 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Adjusted EBITDA $144M
-$19M Reimbursable revenues
+$19M Reimbursable expenses
= Adjusted EBITDA excluding Reimbursables $144M
|
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| Adjusted EBITDA margin non-GAAP | 32.1% | Three months ended June 30, 2026 | — |
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| Adjusted EBITDA margin excluding Reimbursables non-GAAP | 33.5% | Three months ended June 30, 2026 | — |
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| Average contractual dayrates | $360K | Three months ended June 30, 2026 | — |
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| Average number of rigs on contract | 10 | Three months ended June 30, 2026 | — |
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| Contract Backlog | 2.9B | As of August 10, 2026 | — |
| Economic utilization | 96% | Three months ended June 30, 2026 | — |
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| Free Cash Flow non-GAAP | -$43M | Three months ended June 30, 2026 | — |
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GAAP → non-GAAP reconciliationGAAP Net cash used in operating activities -$18M
-$25M Additions to drilling units and equipment
= Free Cash Flow -$43M
|
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| Contract backlog added from West Capella award | $152M | Q4 2025 | — |
| Contract backlog added from West Neptune award | $48M | Q4 2025 | — |
| Contract backlog added from West Saturn extension | $114M | Q4 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Oil & Gas Drilling — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
SDRL
this stock
SEADRILL Ltd
|
$2.94B | +33.7% | +3.8% | — | 7.4% |
|
NE
Noble Corp plc
|
$7.21B | +62.4% | +7.4% | 48.6 | 9.4% |
|
RIG
Transocean Ltd.
|
$6.53B | +41.4% | -28.6% | — | 22.8% |
|
VAL
Valaris Ltd
|
$6.00B | +72.5% | +0.3% | 6.5 | 8.4% |
|
PTEN
Patterson Uti Energy Inc
|
$4.60B | +97.4% | -10.3% | — | 7.9% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Earnings & Events
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| SDRL | -1.0% | +3.2% | +6.9% | +3.2% | +33.7% |
| SPY | -0.4% | +2.9% | +11.6% | +3.0% | +12.8% |
| vs SPY | -0.5% | +0.3% | -4.6% | +0.2% | +20.9% |
Capital returns
Buyback program
· as of Jun 22, 2026
Authorized
$500.00M
Spent (derived)
—
Remaining
—
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1737706
CUSIP
G7997W102
13F (30d)
227 filings
218 filers
Visit website
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