Home > The best places to buy Seadrill shares after they surge 440% in a month

The best places to buy Seadrill shares after they surge 440% in a month

Seadrill (OSE: SDRL) stock has been one of the best performing assets in the global markets this year, surging 440% in the last month and 155% in the last 5 days alone.

This article covers all of the key information you need to understand before you invest in Seadrill stock in the UK and elsewhere. We cover what the company is, what it does, what its future value might be, and whether or not you should buy shares.

If you want to cut to the chase and buy Seadrill shares right now, simply scroll down to the section below and click on one of our options. These are the two best places to buy, sell and trade SDRL stock online.

How & where to buy Seadrill stock today

The best platforms to buy and sell Seadrill shares are online stockbrokers. Simply sign up, deposit funds from an accepted source and purchase the number of shares you want.

We have selected the two options below because of their low fees, quality user interfaces and extensive features. Check them out and see which one works best for you:

eToro

eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Webull

Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.

Register with Webull instantly

What is Seadrill?

Founded in 2005 and headquartered in Bermuda, it is a company that provides offshore drilling services to the worldwide oil and gas sector. It serves oil super-majors, state-owned national oil companies and independent oil and gas players.

The company operates in three segments: Harsh Environment, Floaters, and Jack-up Rigs, operating a fleet of 34 drilling units, including 7 drill ships, 12 semi-submersible rigs, and 15 jack-up rigs.

Having filed for Chapter 11 bankruptcy on February 10th 2021, which can be a protracted, expensive process, the company does now appear to be back on the right path given its recent surge. However, the risks remain obvious.

Should I buy Seadrill shares today?

If you are looking for a very high risk stock with the potential for big rewards to occupy a small portion of your portfolio, Seadrill may fit that role nicely.

However, before you do anything, make sure you conduct all of the necessary fundamental and technical research to fully inform your investment.

Seadrill price target 2021

Our SDRL price target is as follows: a 12-month median target of $6.58, with a high estimate of $13.25 and a low estimate of $0.55.

The size of this variance demonstrates the potential volatility that is innate in Seadrill stock right now.

Trade/invest in stocks with just $50
Invest for dividends and get payout on stocks on Ex-Dividend day
Over 11 payment methods, including PayPal
Open my Account

We use cookies to personalise content & ads, provide social media features and offer you a better experience. By continuing to browse the site or clicking "OK, Thanks" you are consenting to the use of cookies on this website.