Seadrill (SDRL) Projected to Post Earnings on Monday

Seadrill (NYSE:SDRL) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Monday, May 12th. Analysts expect Seadrill to post earnings of $0.25 per share and revenue of $325.69 million for the quarter.

Seadrill (NYSE:SDRL) last announced its quarterly earnings data on Wednesday, February 26th. The oil and gas company reported $1.07 earnings per share for the quarter, beating the consensus estimate of ($0.34) by $1.41. Seadrill had a return on equity of 7.24% and a net margin of 27.79%. The company had revenue of $289.00 million during the quarter, compared to analysts’ expectations of $299.50 million. On average, analysts expect Seadrill to post $2 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Seadrill Stock Performance

SDRL opened at $23.93 on Friday. The business’s 50-day simple moving average is $22.51 and its 200 day simple moving average is $31.79. Seadrill has a 52-week low of $17.74 and a 52-week high of $56.46. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.53 and a current ratio of 2.53. The firm has a market capitalization of $1.49 billion, a PE ratio of 4.17 and a beta of 1.48.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. BTIG Research set a $28.00 price objective on Seadrill in a report on Monday, May 5th. BWS Financial reissued a “buy” rating and issued a $80.00 price objective on shares of Seadrill in a research report on Monday, March 3rd. Finally, Citigroup dropped their target price on shares of Seadrill from $46.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, March 19th. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat, Seadrill currently has a consensus rating of “Buy” and an average price target of $55.20.

About Seadrill

Seadrill Ltd. engages in the provision of offshore drilling services to the oil and gas industry. It operates through the following segments: Floaters, Jack-up rigs, and Other. The Floaters segment encompasses drilling, completion, and maintenance of offshore exploration and production wells. the Jack-up Rigs segment includes drilling contracts relate to jack-up rigs for operations in harsh and benign environments in shallow water.