Seadrill Limited’s share price was $28.77 on July 15th with trailing and forward P/E ratios of 5.40 and 34.84, respectively. After a 2021 Chapter 11 restructuring, Seadrill now operates with no debt and a net cash balance sheet, positioning it well in the tightening global rig market. The offshore drilling industry is expected to benefit from a CapEx upcycle starting in 2H 2026. Seadrill’s operational leverage, financial strength, and M&A optionality offer an asymmetric opportunity in a structurally improving sector.

Read more at Yahoo Finance: Seadrill Limited (SDRL): A Bull Case Theory