Seadrill Announces First Quarter 2024 Results

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Stifel Out Positive on Seadrill Ltd. (SDRL) on Asset Sale, 'We view this transaction as a win'

May 16, 2024 9:31 AM EDT

Stifel analyst Ben Nolan reiterated a Buy rating and $73.00 price target on Seadrill Ltd. (NYSE: SDRL).

The analyst comments "Seadrill announced the sale of three jack-up rigs and its 50% ownership in Gulfdrill JV to its joint venture partner Gulf Drilling International (GDI). The... More