SEADRILL Ltd
Close on Oct 19, 2026
- Market cap
- $3.13B
- P/E (TTM)
- –
- Dividend yield
- –
About Seadrill
Drilling Oil & Gas Wells, SIC 1381
Seadrill Limited is an offshore drilling contractor that provides marine drilling services to the global oil and gas industry. The company operates across a single offshore drilling market segment, contracting mobile drilling units on a dayrate basis to drill wells from shallow to ultra-deepwater depths in benign and harsh environments. Its primary assets include drillships, semi-submersible rigs, and jackup platforms. Seadrill additionally provides rig management services to affiliated entities. The client base consists of integrated oil super-majors, government-owned national oil companies, and independent energy operators.
Registered and incorporated under the laws of Bermuda, Seadrill conducts operations worldwide and employs approximately 3,000 people globally. As of December 31, 2025, the business owns 15 drilling units and manages two third-party rigs. Ten owned rigs are actively operating, with units stationed across multiple international jurisdictions, including Brazil, the United States, Norway, Angola, Namibia, and Singapore.
Summary of the business section of Seadrill's latest annual report, written by StockData.
Company profile
Company
- Legal name
- SEADRILL Ltd
- Founded
- 2005
- Headquarters
- Hamilton, Bermuda
- Address
- Park Place, 55 Par-La-Ville Road HM 11
- Phone
- (441) 300-7250
- Website
- seadrill.com
- Employees
- 3,000, Dec 31, 2025
- Industry
- Drilling Oil & Gas Wells
- Fiscal year ends
- December 31
- Auditor
- PricewaterhouseCoopers LLP, Houston, Texas
Stock & identifiers
- Ticker
- SDRL
- Exchange
- NYSE
- IPO date
- Oct 14, 2022
- Shares outstanding
- 63M, Aug 6, 2026
- Public float
- $849.00M, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1737706
- CUSIP
- G7997W102
- ISIN
- USG7997W1020
- EIN
- 98-1834031
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Marcel Wieggers | Senior VP, Operations | 1 |
| Grant R. Creed | Executive Vice President & CFO | 51,016 |
| Todd D. Strickler | SVP & General Counsel | 0 |
| Torsten Sauer-Petersen | See Remarks | 0 |
| Samir H. Ali | President & CEO | 44,764 |
| Simon Johnson | President & CEO | 137,188 |
| Jean Cahuzac | Director | 7,269 |
| Andrew Eliot Schultz | Director | 7,269 |
| Jan Kjaervik | Director | 7,269 |
| Jonathan Swinney | Director | 7,269 |
| Julie J. Robertson | Director | 9,086 |
| Harry Quarls | Director | 16,269 |
| Ana Zambelli | Director | 7,269 |
| Mark A. McCollum | Director | 7,269 |
| Paul Norman Smith | Director | 7,269 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr.Johnson | $5.85M | $1.68M | $2.02M | $131 | $118 |
| FY2024 Mr.Johnson | $8.34M | $2.60M | $2.76M | $147 | $114 |
| FY2023 Mr.Johnson | $12.95M | $14.77M | $3.48M | $178 | $129 |
| FY2022 Mr.Johnson | $5.69M | $5.39M | $2.05M | $123 | $126 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025 , we employed approximately 3,000 employees across the globe.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Mar 5, 2025 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Feb 27, 2023 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Oct 12, 2022 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 23, 2022 | Deregistration | Termination of SEC registration (Form 15) |
| Jun 11, 2020 | Delisting | Notice of delisting from exchange (Form 25) |
| Jul 2, 2018 | Name change | Name changed from NEW SDRL LTD. to SEADRILL Ltd |