SDRL Stock Recent News

The sale allows Seadrill (SDRL) to unlock value, generate substantial cash proceeds and concentrate on high-grading its portfolio.

Seadrill Limited (NYSE:SDRL ) Q1 2023 Earnings Conference Call May 23, 2023 9:00 AM ET Company Participants Simon Johnson - President and CEO Grant Creed - EVP and CFO Samir Ali - EVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Konstantin Chinarov - Aptior Capital LLP Simon Johnson Welcome all to our Second Quarterly Earnings Call this calendar year and the first call of the 2023 Financial Period. On the line today, Grant and I are joined by Leif Nelson, our Chief Operating and Technology Officer; and Samir Ali, our Chief Commercial Officer.

Seadrill recently reported an earnings beat largely based on one-time non-operational revenues. SDRL's painful history includes two bankruptcies since 2016.

Seadrill Limited (NYSE:SDRL ) Q4 2022 Results Conference Call April 5, 2023 9:00 AM ET Company Participants David Warwick - IR Simon Johnson - President and CEO Grant Creed - EVP and CFO Leif Nelson - EVP and Chief Operating and Technology Officer Samir Ali - EVP and Chief Commercial Officer Conference Call Participants Greg Lewis - BTIG Fredrik Stene - Clarksons Securities Hamed Khorsand - BWS Financial Matt Polyak - Hummingbird Capital David Warwick Hello, everyone, and welcome to Seadrill's Q4 2022 earnings call and webcast. My name is David Warwick, and I'm the Director of Investor Relations for the company.

Company to acquire the remains of its former Seadrill Partners subsidiary in an all-stock deal valued at close to $1 billion. Transaction will add important exposure to the U.S. Gulf of Mexico and significantly improve Seadrill's earnings and cash flow generation potential.