Seadrill (NYSE:SDRL – Get Free Report)‘s stock had its “buy” rating reaffirmed by investment analysts at BWS Financial in a note issued to investors on Tuesday,Benzinga reports. They presently have a $80.00 target price on the oil and gas company’s stock. BWS Financial’s price target indicates a potential upside of 69.79% from the stock’s current price.
Other equities research analysts have also recently issued research reports about the company. Fearnley Fonds raised Seadrill from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, May 12th. Capital One Financial set a $55.00 price target on shares of Seadrill and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Citigroup increased their price target on shares of Seadrill from $46.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Seadrill in a research note on Tuesday, June 30th. Finally, BTIG Research raised their price target on Seadrill from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Three research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $55.00.
Get Our Latest Research Report on SDRL
Seadrill Stock Up 0.8%
Seadrill (NYSE:SDRL – Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The oil and gas company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.18. The business had revenue of $430.00 million during the quarter, compared to analysts’ expectations of $388.46 million. Seadrill had a negative return on equity of 1.84% and a negative net margin of 4.79%. On average, equities analysts expect that Seadrill will post 0.37 earnings per share for the current year.
Institutional Trading of Seadrill
A number of hedge funds have recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Seadrill during the 2nd quarter valued at about $207,509,000. Elliott Investment Management L.P. boosted its stake in Seadrill by 3.5% in the 1st quarter. Elliott Investment Management L.P. now owns 4,719,085 shares of the oil and gas company’s stock worth $214,718,000 after purchasing an additional 160,327 shares in the last quarter. Vanguard Group Inc. grew its position in Seadrill by 0.6% during the 4th quarter. Vanguard Group Inc. now owns 3,807,933 shares of the oil and gas company’s stock valued at $131,754,000 after purchasing an additional 23,672 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Seadrill by 10.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,553,281 shares of the oil and gas company’s stock valued at $161,671,000 after purchasing an additional 326,835 shares during the last quarter. Finally, Adage Capital Partners GP L.L.C. increased its stake in Seadrill by 12.0% during the 4th quarter. Adage Capital Partners GP L.L.C. now owns 3,484,940 shares of the oil and gas company’s stock valued at $120,579,000 after purchasing an additional 373,176 shares in the last quarter. 95.67% of the stock is owned by hedge funds and other institutional investors.
Key Seadrill News
Here are the key news stories impacting Seadrill this week:
- Positive Sentiment: Seadrill reported second-quarter adjusted earnings of $0.47 per share, well above the $0.29 analyst consensus and sharply improved from a $0.68-per-share loss in the prior-year quarter. Revenue reached $430 million, exceeding expectations of $388.46 million. Seadrill Q2 Earnings and Revenues Beat Estimates
- Positive Sentiment: Management increased full-year 2026 revenue guidance to approximately $1.5 billion-$1.6 billion, with the low end matching the current consensus estimate. The improved outlook reinforces expectations for an offshore-drilling recovery and supported the initial share-price gap higher. Seadrill Announces Second Quarter 2026 Results
- Positive Sentiment: Management’s earnings call was characterized as signaling a strong turnaround, with the return to quarterly profitability and higher guidance offering investors evidence of improving operating performance. Seadrill Limited Earnings Call Signals Strong Turnaround
- Neutral Sentiment: The stock opened substantially above its previous close following the results, but subsequent trading was less aggressive, suggesting some profit-taking or investor caution after the initial earnings-driven move. Seadrill Shares Gap Up After Better-Than-Expected Earnings
- Negative Sentiment: Despite the earnings beat, Seadrill still reported a negative net margin of 4.79% and negative return on equity, indicating that the turnaround is not yet fully established. Investors may continue to watch whether improved earnings translate into sustained profitability and cash flow.
Seadrill Company Profile
Seadrill Limited, trading on the New York Stock Exchange under the symbol SDRL, is a leading provider of offshore drilling services to the global oil and gas industry. The company specializes in the design, construction, deployment and operation of mobile offshore drilling units, serving major exploration and production companies with turnkey drilling solutions.
Seadrill’s fleet comprises ultra-deepwater drillships, semi-submersible rigs and high-specification jack-up units capable of operating in some of the world’s most challenging offshore environments.
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