Seadrill Ltd operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Seadrill Ltd with three other
Oil and Gas Field Services in North America:
Noble Corporation PLC
of the United States
(2018
sales of $1.04 billion
of which 51%
was Drillships),
Precision Drilling Corporation
of Canada
(1.54 billion Canadian Dollars [US$1.17 billion]
of which 91%
was Contract Drilling Services), and
Diamond Offshore Drilling, Inc.
which is
based in the United States
($1.06 billion
of which 100%
was Contract Drilling).
Sales Analysis.
Seadrill Ltd reported sales of 1.25 billion Bermudan Dollars (US$1.25 billion)
for the
year ending
December of 2018.
This
represents
a
sharp
decrease of 40.0%
versus 2017, when the company's sales were 2.09 billion Bermudan Dollars.
Contributing to the drop in overall sales was the 42.0% decline
in Floaters, from 1.39 billion Bermudan Dollars to 804.00 million Bermudan Dollars.
There were also decreases in sales in
Jack Up Rigs (down 41.7% to 360.00 million Bermudan Dollars)
.
However, these declines were partially offset by the increase in sales of
Others (up 6.0% to 89.00 million Bermudan Dollars)
.