Seadrill (SDRL) Depreciation and Depletion (2017 - 2023)
Seadrill recorded quarterly Depreciation and Depletion of $5.4 million in Q1 2023, down 75.45% quarter-over-quarter from $22.0 million in Q4 2022.
Seadrill's Depreciation and Depletion history runs 7 years deep, the most recent figure standing at $5.4 million for Q1 2023.
- In Q1 2023, Depreciation and Depletion changed N/A year-over-year to $5.4 million; the TTM figure through Mar 2023 stood at -$35.6 million (changed N/A YoY), while the FY2025 annual figure was $2.0 million, down 60.0% from the prior year.
- Depreciation and Depletion came in at $5.4 million for Q1 2023 at Seadrill, down from $22.0 million in the prior quarter.
- In the past five years, Depreciation and Depletion ranged from a high of $22.0 million in Q4 2022 to a low of -$164.0 million in Q4 2020.
- A 5-year average of -$63.2 million and a median of -$57.0 million in 2021 frame the typical range for Depreciation and Depletion.
- Across the five-year window, Depreciation and Depletion tumbled 184.8% in 2019 and soared 130.56% in 2022, its largest moves.
- Seadrill's Depreciation and Depletion stood at -$108.0 million in 2019, then slumped by 51.85% to -$164.0 million in 2020, then surged by 56.1% to -$72.0 million in 2021, then soared by 130.56% to $22.0 million in 2022, then sank by 75.45% to $5.4 million in 2023.
- According to Business Quant data, Depreciation and Depletion over the past three periods registered $5.4 million, $22.0 million, and -$28.0 million for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 1.27 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 162.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 37.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 5.40 Mn |
| Mar 31, 2023 | 5.40 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Dec 31, 2022 | 22.00 Mn |
| Sep 30, 2022 | -28.00 Mn |
| Sep 30, 2022 | -28.00 Mn |
| Jun 30, 2022 | -35.00 Mn |
| Jun 30, 2022 | -35.00 Mn |
| Feb 22, 2022 | -21.00 Mn |
| Feb 22, 2022 | -21.00 Mn |
| Dec 31, 2021 | -72.00 Mn |
| Dec 31, 2021 | -72.00 Mn |
| Sep 30, 2021 | -27.00 Mn |
| Sep 30, 2021 | -27.00 Mn |
| Jun 30, 2021 | -41.00 Mn |
| Jun 30, 2021 | -41.00 Mn |
| Mar 31, 2021 | -42.00 Mn |
| Mar 31, 2021 | -42.00 Mn |
| Dec 31, 2020 | -164.00 Mn |
| Dec 31, 2020 | -164.00 Mn |
| Jun 30, 2020 | -82.00 Mn |
| Jun 30, 2020 | -82.00 Mn |
| Mar 31, 2020 | -100.00 Mn |
| Mar 31, 2020 | -100.00 Mn |
| Dec 31, 2019 | -108.00 Mn |
| Dec 31, 2019 | -108.00 Mn |
| Sep 30, 2019 | -106.00 Mn |
| Sep 30, 2019 | -106.00 Mn |
| Jun 30, 2019 | -104.00 Mn |
| Jun 30, 2019 | -104.00 Mn |
| Mar 31, 2019 | -108.00 Mn |
| Mar 31, 2019 | -108.00 Mn |
| Dec 31, 2018 | -236.00 Mn |
| Dec 31, 2018 | -236.00 Mn |
| Sep 30, 2018 | 125.00 Mn |
| Sep 30, 2018 | 125.00 Mn |
| Jun 30, 2018 | -195.00 Mn |
| Jun 30, 2018 | -195.00 Mn |
| Mar 31, 2018 | -196.00 Mn |
| Mar 31, 2018 | -196.00 Mn |
| Dec 31, 2017 | 197.00 Mn |
| Dec 31, 2017 | 197.00 Mn |