Seadrill (SDRL) Divestments (2018 - 2023)
Seadrill recorded quarterly Divestments of -$31.0 million in Q4 2023, down 200.0% quarter-over-quarter from $31.0 million in Q3 2023, and up 22.5% year-over-year from -$25.3 million in Q4 2022.
Seadrill's Divestments history runs 6 years deep, the most recent figure standing at -$31.0 million for Q4 2023.
- In Q4 2023, Divestments rose 22.5% year-over-year to -$31.0 million; the TTM figure through Dec 2023 stood at -$60.0 million (up 14.29% YoY), while the FY2022 annual figure was -$40.0 million, down 273.91% from the prior year.
- Divestments came in at -$31.0 million for Q4 2023 at Seadrill, down from $31.0 million in the prior quarter.
- In the past five years, Divestments ranged from a high of $61.0 million in Q4 2021 to a low of -$40.0 million in Q4 2022.
- A 5-year average of $1.1 million and a median of $8.0 million in 2019 frame the typical range for Divestments.
- Across the five-year window, Divestments tumbled 200.0% in 2021 and soared 255.0% in 2023, its largest moves.
- Seadrill's Divestments stood at $23.0 million in 2019, then plunged by 65.22% to $8.0 million in 2020, then jumped by 662.5% to $61.0 million in 2021, then sank by 165.57% to -$40.0 million in 2022, then grew by 22.5% to -$31.0 million in 2023.
- According to Business Quant data, Divestments over the past three periods registered -$31.0 million, $31.0 million, and -$40.0 million for Q4 2023, Q3 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (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 | - |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 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 | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -31.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Dec 31, 2022 | -40.00 Mn |
| Sep 30, 2022 | -20.00 Mn |
| Jun 30, 2022 | -10.00 Mn |
| Dec 31, 2021 | 61.00 Mn |
| Sep 30, 2021 | -25.00 Mn |
| Jun 30, 2021 | -5.00 Mn |
| Mar 31, 2021 | -8.00 Mn |
| Jun 30, 2020 | 8.00 Mn |
| Mar 31, 2020 | 8.00 Mn |
| Dec 31, 2019 | 23.00 Mn |
| Sep 30, 2019 | 8.00 Mn |
| Jun 30, 2019 | 8.00 Mn |
| Mar 31, 2019 | 8.00 Mn |
| Sep 30, 2018 | 58.00 Mn |
| Jun 30, 2018 | -10.00 Mn |
| Mar 31, 2018 | 26.00 Mn |