Seadrill Limited (SDRLF) Stock Analysis
DELISTED 2022
What happened to Seadrill Limited (SDRLF) stock?
Seadrill Limited (SDRLF) no longer trades on public markets. It was delisted in April 2022. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Seadrill Limited (SDRLF) trades at $0.14. Seadrill Limited provides offshore drilling services to the oil and gas industry, operating a fleet of drillships, semi-submersible rigs, and jack-up rigs. Sector: Energy.
Last analyzed: Mar 16, 2026Analyst Coverage for SDRLF: SDRLF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates SDRLF against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
SDRLF: 1/2 scored disciplines lean bearish. Dominant signal: Ken Griffin bearish.
How is this calculated? →Seadrill Limited (SDRLF) Energy Operations & Outlook
Seadrill Limited, an offshore drilling services provider, operates a diverse fleet of rigs serving major oil and gas companies globally. Following its 2021 Chapter 11 reorganization, the company focuses on ultra-deepwater and harsh environment drilling, positioning itself within a competitive and cyclical energy sector landscape.
What Is the Investment Thesis for SDRLF?
Seadrill Limited presents a complex investment case following its Chapter 11 restructuring. The company's ability to secure long-term contracts and maintain high utilization rates for its fleet of drilling rigs is crucial for revenue generation. The cyclical nature of the oil and gas industry poses a significant risk, as fluctuations in commodity prices can impact demand for offshore drilling services. Investors should closely monitor Seadrill's operational efficiency, contract backlog, and debt levels to assess its long-term viability. The company's negative P/E ratio of -34.82 and negative profit margin of -5.4% highlight the challenges it faces in achieving profitability.
Based on FMP financials and quantitative analysis
SDRLF Key Highlights
Operates a fleet of 34 drilling units, including drillships, semi-submersible rigs, and jack-up rigs.
- Serves oil super-majors, state-owned national oil companies, and independent oil and gas companies.
- Filed for Chapter 11 reorganization in February 2021 and emerged with a restructured balance sheet.
- Negative P/E ratio of -34.82 indicates current challenges in profitability.
- Gross margin of 16.2% reflects the profitability of its drilling operations after direct costs.
Who Are SDRLF's Competitors?
SDRLF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AXAS Abraxas Petroleum Corporation | $0.03 | -65.98% | $10.3M | 43 |
| CAFZF Canaf Investments Inc. | $0.23 | -1.32% | $10.7M | 40 |
| CKEFF Radio Fuels Energy Corp. | $0.07 | -10.59% | $16.2M | 44 |
| CRSXF Corsa Coal Corp. | $0.15 | +0.00% | $15.8M | 42 |
| NE Noble Corporation plc | $46.98 | +2.42% | $7.50B | 59 |
| RIG Transocean Ltd. | $6.01 | +2.91% | $6.11B | 49 |
| PTEN Patterson-UTI Energy, Inc. | $12.18 | +1.00% | $4.62B | 32 |
| HP Helmerich & Payne, Inc. | $43.88 | +0.26% | $4.38B | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are SDRLF's Key Strengths?
Diverse fleet of drilling rigs.
- Experience in ultra-deepwater and harsh environments.
- Established relationships with major oil and gas companies.
- Global presence in key offshore drilling markets.
What Are SDRLF's Weaknesses?
High debt levels following Chapter 11 restructuring.
- Dependence on volatile oil and gas prices.
- Negative profitability metrics (P/E and profit margin).
- Exposure to cyclical downturns in the energy sector.
What Could Drive SDRLF Stock Higher?
Securing new drilling contracts with favorable day rates.
- Improving operational efficiency and reducing costs.
- Recovery in oil and gas prices driving increased demand for offshore drilling.
- Potential for strategic partnerships or acquisitions.
- Restructuring efforts leading to improved financial stability.
What Are the Key Risks for SDRLF?
Volatility in oil and gas prices impacting demand for drilling services.
- Increased competition from other drilling contractors.
- Regulatory changes and environmental concerns.
- Geopolitical risks in key operating regions.
- High debt levels following Chapter 11 restructuring.
What Are the Growth Opportunities for SDRLF?
- Expansion in Ultra-Deepwater Drilling: The increasing demand for oil and gas resources from ultra-deepwater fields presents a significant growth opportunity for Seadrill. With its fleet of drillships and semi-submersible rigs, Seadrill can capitalize on this trend by securing contracts for exploration and production activities in these challenging environments. The market size for ultra-deepwater drilling is projected to grow as technology advances and resource depletion in shallower waters increases.
- Focus on Harsh Environment Operations: Seadrill's expertise in harsh environment drilling provides a competitive advantage in regions such as the North Sea and Arctic. As oil and gas companies seek to exploit resources in these challenging locations, Seadrill can leverage its specialized rigs and operational experience to secure lucrative contracts. The market for harsh environment drilling is expected to grow as energy demand increases and resources in more accessible regions decline.
- Strategic Partnerships and Joint Ventures: Forming strategic partnerships and joint ventures with other industry players can enable Seadrill to expand its market reach and access new technologies. Collaborating with companies that have complementary expertise can enhance Seadrill's service offerings and improve its competitiveness. These partnerships can also provide access to new markets and customer segments, driving revenue growth.
- Increased Efficiency and Cost Reduction: Implementing measures to improve operational efficiency and reduce costs can enhance Seadrill's profitability and competitiveness. By optimizing its drilling processes, reducing downtime, and streamlining its supply chain, Seadrill can lower its operating expenses and increase its margins. This can make Seadrill more attractive to customers and improve its financial performance.
- Leveraging Technology and Innovation: Embracing new technologies and innovative solutions can enable Seadrill to improve its drilling performance, reduce its environmental impact, and enhance its safety record. Investing in technologies such as automation, remote monitoring, and data analytics can optimize drilling operations and improve decision-making. This can also help Seadrill attract and retain skilled personnel and maintain its competitive edge.
What Are SDRLF's Competitive Advantages?
- Specialized fleet of drilling rigs for various environments.
- Experience in ultra-deepwater and harsh environment drilling.
- Established relationships with major oil and gas companies.
What Does SDRLF Do?
Seadrill Limited, incorporated in 2005 and headquartered in Hamilton, Bermuda, is a prominent provider of offshore drilling services to the global oil and gas industry. The company's operations are structured into three segments: Harsh Environment, Floaters, and Jack-up Rigs. Seadrill owns and operates a diverse fleet of 34 drilling units, including 7 drillships, 12 semi-submersible rigs, and 15 jack-up rigs. These rigs are deployed for operations in ultra-deepwater environments, both benign and harsh. Seadrill caters to a clientele that includes oil super-majors, state-owned national oil companies, and independent oil and gas companies. The company also extends its expertise by offering management services to both third parties and related entities. In February 2021, Seadrill Limited and its affiliates voluntarily filed for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas, emerging later with a restructured balance sheet.
What Products and Services Does SDRLF Offer?
- Provides offshore drilling services to the oil and gas industry worldwide.
- Operates drillships for ultra-deepwater drilling.
- Operates semi-submersible rigs for harsh environments.
- Operates jack-up rigs for shallow water drilling.
- Offers management services to third parties and related parties.
- Serves oil super-majors, state-owned national oil companies, and independent oil and gas companies.
How Does SDRLF Make Money?
- Generates revenue through day rates for its drilling rigs.
- Provides management services for additional income.
- Secures contracts with oil and gas companies for exploration and production activities.
What Industry Does SDRLF Operate In?
Seadrill Limited operates within the cyclical oil and gas drilling industry, which is heavily influenced by commodity prices and exploration and production (E&P) spending. The competitive landscape includes companies like AXAS (reportedly acquired by Transocean), AZGSQ, CAFZF, CKEFF, and CRSXF. The industry is currently seeing increased demand for offshore drilling due to increased oil prices. However, the industry is also facing increased scrutiny regarding environmental impact and sustainability.
Who Are SDRLF's Key Customers?
- Oil super-majors
- State-owned national oil companies
- Independent oil and gas companies
Company Profile
Seadrill Limited operates in the Oil & Gas Drilling industry within the Energy sector. It is headquartered in Hamilton, BM. SDRLF has traded publicly since 2020.
Key Financial Metrics
Return on equity for Seadrill Limited stands at 1.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 1.1%, showing how much profit it generates from its asset base. SDRLF trades at a trailing price-to-earnings ratio of 0.18, below the Energy sector average of ~19x. A current ratio of 2.50 indicates the company holds enough short-term assets to cover its near-term obligations.
SDRLF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying suggests confidence in Seadrill's recovery and future performance.
- Community sentiment has turned positive as discussions around offshore drilling resurgence gain traction.
- Strategic partnerships in the energy sector indicate potential for increased revenue streams.
- Market perception is improving as demand for energy resources remains high, benefiting Seadrill's operations.
Bear Case
- Concerns about fluctuating oil prices may impact Seadrill's profitability in the short term.
- Negative sentiment from some analysts regarding the sustainability of recent gains raises caution among traders.
- Ongoing geopolitical tensions could disrupt operations and affect market stability.
- Some community members express skepticism about the long-term viability of offshore drilling amidst a shift to renewable energy.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
SDRLF Latest News
No recent news available for SDRLF.
SDRLF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Seadrill Limited may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, making it more difficult for investors to assess their financial health and operational performance. Investing in companies on the OTC Other tier carries a higher degree of risk due to the lack of regulatory oversight and transparency compared to companies listed on major exchanges like the NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Lower trading volume and liquidity.
- Greater price volatility.
- Higher risk of fraud and manipulation.
- Potential for delisting or suspension of trading.
- Verify the company's financial statements and SEC filings (if any).
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's debt levels and cash flow.
- Review any legal or regulatory issues facing the company.
- Monitor trading volume and price volatility.
- Consult with a qualified financial advisor.
- Company has been in operation since 2005.
- Operates a substantial fleet of drilling rigs.
- Serves major oil and gas companies.
- Headquartered in Bermuda, a recognized jurisdiction.
What Investors Ask About Seadrill Limited (SDRLF) — Energy
What happened to Seadrill Limited (SDRLF) stock?
Seadrill Limited (SDRLF) no longer trades on public markets. It was delisted in April 2022. The figures below are historical and are not a current quote.
Can I still buy SDRLF shares?
No. SDRLF stopped trading on public markets in April 2022, so the shares are not available through a broker. Anything you see quoted for SDRLF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before SDRLF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Seadrill Limited. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Seadrill Limited do?
Seadrill Limited is an offshore drilling contractor that provides drilling services to the oil and gas industry worldwide. The company owns and operates a fleet of drillships, semi-submersible rigs, and jack-up rigs, which are used for exploration and production activities in various offshore environments.
What do analysts say about SDRLF stock?
Analyst coverage of SDRLF is limited due to its OTC listing and recent bankruptcy restructuring. Key valuation metrics, such as P/E ratio (-34.82) and profit margin (-5.4%), reflect the company's current challenges in achieving profitability. Growth considerations include the company's ability to secure new contracts, improve operational efficiency, and benefit from a recovery in oil and gas prices.
What are the main risks for SDRLF?
Seadrill Limited faces several significant risks, including the volatility of oil and gas prices, which directly impacts demand for its drilling services. Increased competition from other drilling contractors can put pressure on day rates and reduce profitability. Regulatory changes and environmental concerns could lead to increased compliance costs and operational restrictions.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- OTC data may be less reliable than exchange-listed data.
- AI analysis pending for SDRLF.