SDRL Stock Recent News
SDRL LATEST HEADLINES
Seadrill Limited (NYSE:SDRL ) Q2 2023 Results Conference Call August 15, 2023 9:00 AM ET Company Participants Lydia Mabry - Director, IR Simon Johnson - President and CEO Grant Creed - EVP and CFO Samir Ali - EVP and Chief Commercial Officer Leif Nelson - Chief Operating and Technology Officer Conference Call Participants Greg Lewis - BTIG Ben Nolan - Stifel Fredrik Stene - Clarkson Securities David Smith - Pickering Energy Partners Eddie Kim - Barclays Hamed Khorsand - BWS Financial Lydia Mabry Welcome to Seadrill's Second Quarter 2023 Earnings Call. With me today are Simon Johnson, our President and Chief Executive Officer; Grant Creed, Executive Vice President and Chief Financial Officer; and Samir Ali, Executive Vice President and Chief Commercial Officer.
Seadrill Ltd (NYSE:SDRL) stock is set to start Tuesday's session on the front foot after the oil and gas contractor boasted strong quarterly results. The company, which in 2022 went through its second Chapter 11 bankruptcy process in two years, today told investors it had generated US$414 million of second quarter revenue and earnings (adjusted EBITDA) was reported at US$159mln.
Shareholders and creditors alike will watch keenly the outlook for oil and gas contractor Seadrill Ltd (NYSE:SDRL) as it reports on its second quarter on Tuesday. Having exited its latest Chapter 11 bankruptcy process in November 2022, for the second time in two years, the rig-and-crew service provider last week refinanced with a ne US$500mln loan (carrying 8.375% interest and maturity in 2030) along with US$225 million in revolving credit and a US$100 million accordion.
HAMILTON, Bermuda , July 20, 2023 /PRNewswire/ -- Seadrill Limited ("Seadrill" or the "Company") (NYSE: SDRL) (OSE: SDRL) will report earnings for the second quarter of 2023 on Tuesday, August 15, 2023. The Company will host a call to discuss its results that day at 09:00 EST / 14:00 BST / 15:00 CET.
BP acquires rights to develop two projects, representing 4 GW of the total capacity.
Fintel reports that Elliott Investment Management has filed a 13D/A form with the SEC disclosing ownership of 7.06MM shares of Seadrill Ltd.
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.