SEADRILL Stock Bullish Momentum With A 29% Jump In The Last 21 Sessions

(VIANEWS) – Shares of SEADRILL (Oslo Børs All-share Index_GI: SDRL.OL) jumped by a staggering 29.37% in 21 sessions from 331.1 kr to 428.35 kr at 04:40 EST on Friday, after two consecutive sessions in a row of gains. Oslo Børs All-share Index_GI is sliding 0.2% to 1,413.04 kr, after three consecutive sessions in a row of losses.

SEADRILL’s last close was 453.00 kr, 2.48% higher than its 52-week high of 442.05 kr.

About SEADRILL

Seadrill Limited provides offshore contract drilling services to the oil and gas industry worldwide. It operates in three segments: Harsh Environment, Floaters, and Jack-ups Rigs. The company owns and operates drillships, semi-submersible rigs, and jack-up rigs for operations in shallow and ultra-deep-water in benign and harsh environments. It offers operation support and management services to third parties, as well as related and non-related companies. As of April 8, 2022, the company owned a fleet of 21 offshore drilling units consisting of two harsh-environment rigs, two benign-environment semi-submersible rigs, six drill-ships, and 11 jack-up rigs. It serves oil super-majors, state-owned national oil companies, and independent oil and gas companies. Seadrill Limited was incorporated in 2005 and is headquartered in London, the United Kingdom.

Earnings Per Share

As for profitability, SEADRILL has a trailing twelve months EPS of -386.25 kr.

Revenue Growth

Year-on-year quarterly revenue growth grew by 21.4%, now sitting on 1.09B for the twelve trailing months.

Moving Average

SEADRILL’s worth is way higher than its 50-day moving average of 334.71 kr and way above its 200-day moving average of 308.98 kr.

More news about SEADRILL (SDRL.OL).

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