Seadrill Showcases Fleet Strength, Rising Backlog, and Dayrate Growth in Investor Presentation

Reuters01-14
Seadrill Showcases Fleet Strength, Rising Backlog, and Dayrate Growth in Investor Presentation

Seadrill Ltd. $(SDRL)$ has released an investor presentation outlining key financial and operational highlights. The company reports a market capitalization of $2.2 billion and a marketed fleet of 14 rigs, with a total backlog of $2.5 billion extending into 2029 at elevated dayrates. Recent contract awards include agreements for rigs operating in Angola and the U.S. Gulf of Mexico, supporting higher utilization and earnings potential for 2026 and beyond. The presentation also notes rising average drillship dayrates, with two legacy contracts set to reprice in 2026 from approximately $250,000 per day to around $450,000 per day. Seadrill is currently trading at an EV/EBITDA multiple below its peer average, with the highest percentage of "Buy" recommendations in its peer group. You can access the full presentation through the link below.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seadrill Ltd. published the original content used to generate this news brief on January 14, 2026, and is solely responsible for the information contained therein.

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