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Assessing Seadrill’s (SDRL) Valuation After Sonadrill Contract Extension In Angola
Why the Sonadrill contract extension matters for Seadrill (SDRL)
Seadrill (SDRL) is back in focus after its Sonadrill joint venture secured a contract extension for the ultra deepwater drillship Sonangol Quenguela in Angola, committing operations through June 2028.
See our latest analysis for Seadrill.
The Sonadrill news lands after a strong run, with Seadrill’s share price up 45.47% over 90 days and a 76.51% total shareholder return over 1 year. This suggests momentum has been building...