How to Buy Seadrill Stock
Seadrill Ltd
Seadrill is a oil & gas drilling company located in Bermuda, which is part of the Energy sector, and is traded under the ticker SDRL on the NYSE exchange.
Seadrill stock last closed at $48.22, down 0.68% from the previous day, and has increased 33.09% in one year. It has overperformed other stocks in the Oil & Gas Drilling industry by 0.29 percentage points. Seadrill stock is currently +39.85% from its 52-week low of $34.48, and -10% from its 52-week high of $53.58.
At the moment, there are 73.71M SDRL shares outstanding. The market value of SDRL is $3.55B. In the last 24 hours, 739,132 SDRL shares were traded.
How to Buy Seadrill Stock
Wondering how to invest in Seadrill stock? Here's how.
- Choose where to buy Seadrill stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Seadrill stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Choose your method of payment and add your info.
- Research Seadrill stock: The Seadrill ticker symbol is SDRL. Is Seadrill stock a good investment? Should you buy shares of SDRL? How do SDRL's underlying business fundamentals look? Do top analysts think Seadrill is a good buy? Why has SDRL's stock price moved recently? (Hint: Our stock analysis website can help you figure out if SDRL is a good stock to buy).
- Make your SDRL purchase: Decide if you will purchase SDRL shares at the current market price or use a limit order to buy SDRL shares at a given price.
- Watch your SDRL investment: Create a watchlist to get the latest news on your new investment in Seadrill stock.
Step 1: Choose where to buy Seadrill stock
You will need a brokerage account to access the NYSE market and buy SDRL stock.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal details so you can buy SDRL today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to open your new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best stock trading app for beginners, you can securely and quickly fund your account:
Check out the tutorial below to see the process of depositing funds into your new investment account.
Step 4: Research Seadrill stock
After you have identified the best place to buy Seadrill stock, it's critical to evaluate their stock before you buy, so you can comprehend the risk as well as the upside.
Overview of key SDRL info
Seadrill Due Diligence Checks
WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SDRL's stock page.
Is SDRL stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge SDRL's fair value.
Using relative valuations methods:
- SDRL could be overvalued based on its P/E ratio of 11.4x, relative to Oil & Gas Drilling industry P/E ratio of 7.71x
- SDRL may be overvalued based on its P/B ratio of 1.19x, relative to Oil & Gas Drilling industry P/B ratio of 0.93x
You can access more valuation analysis on SDRL's stock here.
How do SDRL Financials look?
Passed Health Checks:
- SDRL earnings of $376.00M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the SDRL balance sheet.
- SDRL's operating cash flow of $287.00M allows it to safely service it's debt of $608.00M.
- There are more short-term assets than long-term liabilities on the SDRL balance sheet.
Failed Health Checks:
- SDRL has a relatively high debt to equity ratio of 0.41.
Is Seadrill stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 sell side analysts who give ratings on SDRL, the consensus analyst rating on SDRL is a Strong Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are saying on the Seadrill stock forecast page.
SDRL Trading Indicators
How is SDRL performing as a company?
Last year, SDRL revenue was $1.50B. In the last 4 year, SDRL's revenue has gone up by 4.61% per year. This was slower than the Oil & Gas Drilling industry average of 33.26%.
You can analyze SDRL's earnings and revenue performance here.
Latest Insiders Trades at SDRL
Over the past year, executives and large shareholders at SDRL have not bought or sold any shares.
Dig into more about who owns SDRL shares here.
Does SDRL provide a stable income stream?
No, Seadrill doesn't provide an income stream by paying out dividends.
What do other investors have to say about SDRL?
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your SDRL purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount, use a limit order.
Press the Open button and your broker will place the order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Watch your SDRL investment
Now that you own some SDRL shares, you'll want to keep up with your investment.
Make a watchlist to see the latest developments about your SDRL stock.
SDRL Feed
How to Buy Stock in Seadrill
To summarize, here are the 6 steps to buy Seadrill stock:
- Choose where to buy Seadrill stock
- Open your brokerage account
- Fund your brokerage account
- Research Seadrill stock
- Make your SDRL purchase
- Watch your SDRL investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Seadrill, add SDRL to your watchlist below.
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