Seadrill Ltd (NYSE:SDRL)

$ 50.66 -1.46 (-2.8%) Market Cap: 3.53 Bil Enterprise Value: 3.66 Bil PE Ratio: 12.93 PB Ratio: 1.27 GF Score: 23/100

Q1 2022 Seadrill Ltd Earnings Call Transcript

May 25, 2022 / 01:00PM GMT

Transcript

Operator

Hello, and welcome to Seadrill's First Quarter 2022 Results Call. My name is Alex, and I will be coordinating the call today. (Operator Instructions)

I will now hand over to your host, David Warwick, Director of Investor Relations at Seadrill. Over to you, David.

David Warwick

Seadrill Limited - Director of IR

Thank you, Alex. Good afternoon, everyone, and good morning to our participants in the Americas. My name is David Warwick, and I am Director of Investor Relations at Seadrill. I'm delighted to welcome you to today's earnings call for the first quarter of 2022. I would like to start by introducing you to the Seadrill team on today's conference call: Simon Johnson, President and Chief Executive Officer; Grant Creed, EVP and Chief Financial Officer; Tyson De Sousa, VP and Group Controller; and Leif Nelson, EVP and Chief Operating and Technology Officer.

I will shortly hand over to Simon, who will profile the new emerged and transformed Seadrill. Grant will then take you through our performance in Q1 in the context of our recent

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