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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 $38.82, down 1.35% from the previous day, and has decreased 5.41% in one year. It has overperformed other stocks in the Oil & Gas Drilling industry by 0.09 percentage points. Seadrill stock is currently +11.74% from its 52-week low of $34.74, and -31.24% from its 52-week high of $56.46.

At the moment, there are 68.81M SDRL shares outstanding. The market value of SDRL is $2.67B. In the last 24 hours, 647,112 SDRL shares were traded.

How to Buy Seadrill Stock

Wondering how to invest in Seadrill stock? Here's how.
  1. 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.
  2. Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Fund your brokerage account: Choose your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  1. Submit your application by pressing the "Create Account" button.
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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.

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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

SDRL Price
$38.82
1w %
-0.72%
1y %
-5.41%
5y %
N/A
P/E
5.92x
P/B
0.87x
P/S
1.71x
PEG
N/A
Revenue
$1.56B
Earnings
$476.00M
Fore. Rev. Growth
0.11%
Fore. Earn. Growth
-17.71%
Market Cap
$2.67B
Next Earnings
Nov 25, 2024
Next Dividend
N/A

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 5.92x, relative to Oil & Gas Drilling industry P/E ratio of 2.98x
  • SDRL may be overvalued based on its P/B ratio of 0.87x, relative to Oil & Gas Drilling industry P/B ratio of 0.8x

You can access more valuation analysis on SDRL's stock here.

How do SDRL Financials look?

Passed Health Checks:

  • SDRL earnings of $553.00M 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 $360.00M allows it to safely service it's debt of $609.00M.
  • There are more short-term assets than long-term liabilities on the SDRL balance sheet.

Failed Health Checks:

  • SDRL profit margin has gone down from 31.4% to 30.4% in the past year.
  • SDRL has a relatively high debt to equity ratio of 0.41.

Do Wall Street analysts think it's a good time to buy Seadrill stock

Out of 4 sell side analysts who research SDRL, the consensus analyst rating on SDRL is a Strong Buy

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Seadrill stock forecast page.

SDRL Technical Indicators

SMA10
37.65
SMA20
37.76
SMA50
39.4
SMA100
44.54
SMA200
46.36
MACD
-0.39
MACD Signal
-0.76
MACD Histogram
0.36
RSI
51.43
Stochastic %K
79.16
Stochastic %D
73.93
StochRSI %K
89.04
StochRSI %D
82.4

How are SDRL Revenues/Earnings doing?

Last year, SDRL earnings were $476.00M. Over the past 1 years, SDRL's earnings have increased by -2.09% per year. This was slower than the Oil & Gas Drilling industry average of 14.46%.

Last year, SDRL revenue was $1.56B. During the past one years, SDRL's revenue has increased by 32.88% per year. This was faster than the Oil & Gas Drilling industry average of 22.99%.

Dig into SDRL's earnings and revenue performance here.

Who is buying/selling SDRL?

In the last 12 months, insiders at SDRL have not bought or sold any shares.

Learn 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 biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Make your SDRL purchase

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price limit, place a limit order.

Hit the Open button and eToro will execute your order.

If you need additional info about investing in stocks on eToro, click the how to video below:

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Step 6: Watch your SDRL investment

Now that you own some SDRL shares, you'll want to keep up with your stock purchase.

Create a watchlist to keep track of your SDRL stock.

SDRL Feed

How to Buy Stock in Seadrill

To summarize, here are the 6 steps to buy Seadrill stock:

  1. Choose where to buy Seadrill stock
  2. Open your brokerage account
  3. Fund your brokerage account
  4. Research Seadrill stock
  5. Make your SDRL purchase
  6. Watch your SDRL investment

If you are looking for a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Seadrill, add SDRL to your watchlist below.

NYSE: SDRL
$38.82-0.53 (-1.35%)
Updated Nov 1, 2024
Open eToro Account
NYSE: SDRL
$38.82-0.53 (-1.35%)
Updated Nov 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Seadrill share?

As of Nov 1, 2024, it costs $38.82 to buy one share of Seadrill stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.258 shares of SDRL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Seadrill stock?

According to 4 Wall Street analysts who monitor Seadrill, their consensus recommendation is to buy Seadrill stock.

What is the best way to buy Seadrill stock?

One way to place an order for Seadrill stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.