Seadrill (NYSE:SDRL) Upgraded to “Sell” at ValuEngine

ValuEngine upgraded shares of Seadrill (NYSE:SDRL) from a strong sell rating to a sell rating in a research note published on Monday, April 2nd.

NYSE:SDRL opened at $0.36 on Monday. The stock has a market cap of $111.99, a PE ratio of 0.26 and a beta of 2.90. Seadrill has a 1 year low of $0.15 and a 1 year high of $0.76.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Commerzbank Aktiengesellschaft FI raised its stake in Seadrill by 174.4% during the 3rd quarter. Commerzbank Aktiengesellschaft FI now owns 1,087,195 shares of the oil and gas company’s stock valued at $381,000 after acquiring an additional 690,919 shares during the last quarter. Aristeia Capital LLC purchased a new stake in Seadrill during the 4th quarter valued at approximately $231,000. Finally, Jane Street Group LLC raised its stake in Seadrill by 47.6% during the 3rd quarter. Jane Street Group LLC now owns 665,645 shares of the oil and gas company’s stock valued at $233,000 after acquiring an additional 214,660 shares during the last quarter. 12.35% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: “Seadrill (NYSE:SDRL) Upgraded to “Sell” at ValuEngine” was published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at

Seadrill Company Profile

Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates through three segments: Floaters, Jack-up Rigs, and Other. The Floaters segment provides drilling, completion, and maintenance services for offshore exploration and production wells.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Seadrill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seadrill and related companies with's FREE daily email newsletter.

Leave a Reply