•01 Dec 2023 02:22
SDRL: Course for Free Cash Flow
SDRL continues to exceed our expectations on profitability and free cash flow. SDRL announced contract extensions for several vessels, including...
•18 Oct 2023 23:07
SDRL: The Calm Ahead of News Flow
We are anticipating contract news as third quarter results are announced in November coinciding with the two vessels coming off contracts
•21 Aug 2023 23:24
SDRL: Attractive Value, PT to $62
Day rates continue to support our investment thesis for adjusted EBITDA rising in 2024 and more so in 2025. SDRL has an unlevered balance sheet...
•24 May 2023 21:19
SDRL: Early Arrival of Free Cash Flow
SDRL generated free cash flow in Q1 and is guiding for full year free cash flow also, which is one year earlier than we expected. Tight supply...
•18 May 2023 00:15