Seadrill (SDRL) Depreciation and Depletion (2021 - 2024)
Seadrill (SDRL) posted Depreciation and Depletion of $43.0 million for Q2 2024, up 16.22% sequentially from $37.0 million in Q2 2023, and up 16.22% YoY from $37.0 million in Q3 2023.
Seadrill (SDRL) Depreciation and Depletion (2021 - 2024) Analysis & Trends
Seadrill has reported Depreciation and Depletion for 4 years, with the latest figure at $43.0 million in Q2 2024.
- Quarterly Depreciation and Depletion rose 16.22% year-over-year to $43.0 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $173.0 million (changed N/A YoY) and the FY2025 annual result came in at $255.0 million, up 32.12% from the prior year.
- Depreciation and Depletion climbed to $43.0 million in Q2 2024 per SDRL's latest filing, from $37.0 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $52.0 million in Q2 2022 and troughed at $37.0 million in Q2 2023.
- A 4-year average of $43.2 million and a median of $42.0 million in 2021 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2022 and 2023: Depreciation and Depletion climbed 26.83% in 2022, then decreased 28.85% in 2023.
- Over 4 years, Depreciation and Depletion stood at $41.0 million in 2021, then gained by 26.83% to $52.0 million in 2022, then fell by 28.85% to $37.0 million in 2023, then increased by 16.22% to $43.0 million in 2024.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $43.0 million, $37.0 million, and $52.0 million for Q2 2024, Q2 2023, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | - |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | - |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 44.60 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 43.00 Mn |
| Jun 30, 2024 | 43.00 Mn |
| Jun 30, 2023 | 37.00 Mn |
| Jun 30, 2023 | 37.00 Mn |
| Jun 30, 2022 | 52.00 Mn |
| Jun 30, 2022 | 52.00 Mn |
| Jun 30, 2021 | 41.00 Mn |
| Jun 30, 2021 | 41.00 Mn |