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SDRL

Seadrill (SDRL) AnalysisCompany Overview: Seadrill provides offshore contract drilling services for the oil and natural gas industry. The company achieved a record day rate of $545,000 for a one-well contract in Q1 2024, the highest in the current cycle, significantly boosting its Q2 earnings outlook. Key Highlights: CEO Simon Johnson: Emphasized a strong start to the year with safe, efficient operations, high day rates, and capital returns to shareholders. Competitive Fleet: Seadrill's fleet and strong balance sheet are expected to sustain durable earnings and capital returns as the cycle progresses. Order Backlog: Approximately $2.8 billion, including $108 million in new contracts since February. New Contracts: $32 million contract in South Korea for the drillship West Capella and an $86 million six-month extension in the U.S. Gulf of Mexico for the drillship West Neptune. Investment Outlook: Bullish Outlook: We are bullish on NYSE:SDRL above the $47.00-$48.00 range. Upside Potential: With an upside target set at $78.00-$80.00, investors should consider Seadrill's strong performance, high day rates, and substantial order backlog as key drivers for potential stock appreciation. 📈🌊 Monitor Seadrill for promising investment opportunities! #SDRL #OffshoreDrilling 🛢️🚀
NYSE:SDRLLong
by Richtv_official
SDRL an oil services and support company LONGSDRL is a Scandavania / UK-based company supporting offshore oil drilling projects. On the daily chart I have drawn a green support trendline and a red resistance trendline from the higher weekly timeframe. Fundamentally- it has had two consecutive earnings beats. Per Tradingview, the average analyst has a price of $45 as a target and technically it rates Strong Buy. On the chart, SDRL is sitting at the confluence of convergence of moving averages with the POC line of the volume profile and inside a symmetrical triangle which could be considered as demonstrative of consolidation and volatility compression and sometimes called a Bollinger Band squeeze. I will take this long trade targeting the line just below the supply zone of the Luxalgo indicator and setting a stop loss at the bottom of the high-volume area also marked on the chart SDRL could be a takeover target with the buyer being any number of Big Oil companies Should such occur share prices would escalate far beyond any current expectations.
NYSE:SDRLLong
by AwesomeAvani
SDRLI HAVE BEEN HONESTLY CALLING THIS COMPANY FOR AVAILIBLE JOBS TO SEE WHATS GOING ON . BECAUSE IF THEY ARE HIRING IT'S SOMETHING. LAST WEEK THEY ANNOUNCED THAT THEY HAVE A PLAN TO FIX EVERYTHING THEY WILL NEVER LET THIS COMPANY GO EASILY BECAUSE IT'S WORTH ALOT THOSE MACHINES ARE VERY EXPENSIVE THIS IS A BASIC THOUGHT WHICH I BELEIVE OTHER THAN THIS STOCK YOU WOULDNT BE ABLE TO MAKE MILLIONS WITH ONLY 10 GRAND THANKS!!!! BUY 1000$ WORTH SHARE AND WAIT ONE DAY IT COULD BE 20 GRAND
NYSE:SDRLLong
by taylantantoglu
6
SDRL - Fallen angel pattern long from $0.55 up to $0.87SDRL forming a very nice fallen angel pattern with moneyflow divergence. It has broken out the moving averages with huge volume. We think it has good upside potential from here. * Trade Criteria * Date First Found- July 25, 2017 Pattern/Why- Fallen angel pattern Entry Target Criteria- Break of $0.55 Exit Target Criteria- 1st Target $0.64, 2nd Target $0.87 Stop Loss Criteria- $0.48 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:SDRLLong
by AcornWealthCorp
momo rotating back the the oil sectorAll in with stops at $41... oil is going much higher soon. strong bullish movement here with constant rejection at $41 It looks unlikely that we might see an September/October market crash if oil starts its next big leg up here, which is historically volatile. Any confirmation of uptrend may easily bring SDRL beyond $5~7. This is a pretty nice proxy to play on the uptrend, given the close proximity to SDRL's previous low for a safer & leveraged long position.
FX:USOILLong
by LastBattle
1
SDRL long ideaWill be watching price this morning for a potential breakout of the current bull pennant. Bull's favor: 1. Large buying volume recently 2. Golden cross formed yesterday 3. MACD near a bullish crossover 4. Medium-term trend is currently with us 5. Bull pole/Pennant pattern currently (15 Min) Bear's favor: 1. Negative divergence in MFI and RSI created recently 2. A few resistance levels waiting up ahead 3. 200-period SMA still neutral If price can break current pattern this morning to the upside, we could see some healthy movement and some work towards those resistances.
NYSE:SDRLLong
by tyler_sim
First Idea, my chart practices. SDRL long idea.I am thinking about paper trading a long position around this price point (2.97 area) based off a few factors. 1. Positive MFI divergence relative to recent price action 2. MACD nearing a bullish zero-line crossover 3. Of the opinion oil will be bouncing soon, SDRL should follow accordingly A few resistance points up ahead that will need to be broken through, and a key level of support around $2.90 if it moves downwards. Also in overall downwards trend, so not currently considering an extensive long position here. Again I am only paper trading this, and this is my first idea here. Working hard in my trading studies & aiming for big improvements over time.
NYSE:SDRLLong
by tyler_sim
A level for Diamond Offshore drilling accumulationKey reasons for taking a position: Triple RSI divergence, with lower low price made for every higher highs in RSI Velocity of the crash is getting steeper by the day! 77 degrees Price is close to the 2003 support lows. Take your time in building a position gradually over time, as I'd still want to wait for the final indication to go all-in for a confirmation of a reversal. Keep a look-out for the dollar-normalized volume indicator (price X volume). This indicates the general interest in the stock regardless of price level, as a higher price leads to less stock being traded. Take-profit level is set at 0.236 fib retracement level, or the falling trendline since 2008 peak relative to the start of oil crash. >> Be prepared for the price to hit $11, the IPO level. I'd advise not to risk over 10% of your portfolio, although there's a low probability of it happening but it is still possible. Good luck! And stay objective, don't let your bias dictate your positions. I trade technically, fundamentals do not matter much to me as they often lag behind what's already happening. Human sentiment dictates the price more.
DLong
by LastBattle
1