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Seadrill Limited (SDRL): A Bull Case Theory 

We came across a bullish thesis on Seadrill Limited on Undervalued and undercovered’s Substack by Hugo Navarro and Mihail Stoyanov. In this article, we will summarize the bulls’ thesis on SDRL. Seadrill Limited's share was trading at $38.67 as of January 29th. SDRL’s trailing and forward P/E were 79.28 and 27.32 respectively according to Yahoo Finance.

Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. SDRL stands out as a smaller but strategically important player in the offshore drillship market, and investor interest has surged...