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Seadrill Limited (SDRL): A Bull Case Theory 

We came across a bullish thesis on Seadrill Limited on Value Degen’s Substack’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on SDRL. Seadrill Limited 's share was trading at $32.67 as of September 8th. SDRL’s trailing and forward P/E were 27.45 and 19.23 respectively according to Yahoo Finance.

Seadrill (SDRL) has emerged as a prime acquisition candidate in the consolidating offshore drilling industry, with its CEO signaling openness to a deal. The company owns 16 deepwater drillships, a scale that could shift industry leadership...