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Seadrill Limited ( (SDRL) ) has issued an update.
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Seadrill Limited announced that its ultra-deepwater drillship, West Jupiter, has secured a significant 1,095-day contract with Petrobras in Brazil, contributing approximately $493 million to the company’s order backlog. This contract highlights Seadrill’s strong positioning in the resilient deepwater market and its strategic relationship with Petrobras, reinforcing its future earnings visibility and industry leadership.
More about Seadrill Limited
Seadrill Limited is a leading company in the deepwater oil and gas drilling industry, known for its modern fleet, experienced crews, and advanced technologies. The company provides safe, efficient, and responsible extraction of oil and gas resources for national, integrated, and independent oil companies.
YTD Price Performance: -21.09%
Average Trading Volume: 1,013,842
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.56B
For detailed information about SDRL stock, go to TipRanks’ Stock Analysis page.