Barclays has initiated coverage on Seadrill Ltd (SDRL) with an Equal-Weight rating, marking the firm's first assessment of the company. This decision reflects Barclays' analysis of Seadrill's business, industry dynamics, and growth prospects.
Seadrill Ltd operates in the energy sector, providing offshore drilling services globally. The company owns and operates a diverse fleet of drill ships, semi-submersible rigs, and jack-up rigs, catering to both benign and harsh environments. Notable assets in its portfolio include the West Phoenix, West Aquarius, and West Neptune, among others. Its clientele comprises major oil super-majors, state-owned national oil companies, and independent oil and gas firms.
As of October 6, 2025, Seadrill's stock is trading at $29.77, with a market capitalization of $1.9 billion. The company has a trailing P/E ratio of 54.95 and an EPS of 0.47. Upcoming earnings are scheduled for November 5, 2025, with analysts estimating an EPS of $0.24 and revenue of $343.6 million.
Analyst ratings serve as professional opinions based on extensive research and financial modeling, providing insights into a company's potential. However, they are subject to change as new information emerges, and investors should consider various factors, including company fundamentals and industry trends, when making decisions.
In the past 90 days, the analyst consensus for Seadrill has been predominantly positive, with 4 Strong Buy, 6 Buy, and 4 Hold ratings. The consensus rating stands at Buy, underscoring a generally favorable outlook among analysts.