Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

DME Capital Sells Seadrill Shares

TheMotleyFool

0 0

According to a U.S. Securities and Exchange Commission (SEC) filing dated Feb. 17, DME Capital Management, LP, fully exited its position in Seadrill. The fund sold all 1,588,828 shares it reported owning in the previous quarter.

As of April 8, 2022, Seadrill had a fleet of 21 advanced offshore drilling units. The company focuses on delivering offshore drilling solutions for a diverse global client base, leveraging technical expertise and operational flexibility.

With the benefit of hindsight, DME Capital sold its Seadrill stake too soon. After the shares lost 11.1% in 2025, they’ve rebounded strongly this year.

Source Fool.com

Like: 0

SDRL

Share