| Seadrill is an offshore drilling contractor that provides offshore drilling services to the oil and gas industry. Co.'s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow to ultra-deepwater areas in both benign and harsh environments. Co. contracts its drilling units to drill wells for its customers on a dayrate basis. Typically, Co.'s customers are integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies. Co. operates in three business segments: Floaters, Jack-up rigs and Other. We show 10 historical shares outstanding datapoints in our coverage of SDRL's shares outstanding history.|
Understanding the changing numbers of SDRL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like SDRL versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching SDRL by allowing them to research SDRL shares outstanding history
as well as any other stock in our coverage universe.