Seadrill Limited · NYSE:SDRL
Seadrill — Investor Presentation (January 2023)
8 slides from Seadrill's investor presentation, January 2023
Slide 1: Seadrill Limited Investor Presentation
NYSE & OSE: SDRL Seadrill Limited Investor Presentation January 2023
Slide 2: Disclaimer
Disclaimer We have prepared this document solely for informational purposes. You should not definitively rely upon it or use it to form the basis for any decision, contract, commitment or action whatsoever, with respect to any proposed transaction or otherwise. The information contained herein inclu
Slide 3: 2022 key milestones and initiatives
2022 key milestones and initiatives Series of strategic initiatives, demonstrating readiness to capitalize on opportunities to maximize shareholder value April September October October October/November November December Euronext Expand Saudi business New York Stock Paratus Energy Debt prepayments O
Slide 4: Transformational Aquadrill acquisition
Transformational Aquadrill acquisition Strategic rationale Overview of the transaction Enhanced fleet and scale Consideration Valuation Governance Timeline to Closing Synergies All-stock, Aquadrill Domiciled in Bermuda, At least $70m est. annual Strengthened position in Implied Aquadrill Targeted cl
Slide 5: Strong exposure in key strategic basins
Strong exposure in key strategic basins US GOM BRAZIL ANGOLA Growing position Among market-leading international drillers Strong market footprint 25% Seadrill share of benign 26% Seadrill share of benign UDW rig years awarded UDW rig years awarded since 2012 since 2012 ✓ Long-standing track record ✓
Slide 6: Significant cash flow generation potential with Aquadrill transaction
Significant cash flow generation potential with Aquadrill transaction Additional floater capacity to be deployed Strong earnings potential in a market recovery Illustrative EBITDA(2) Seadrill Standalone Combined Floater Illustrative Unlevered FCF(2) Floater Fleet Breakdown(1) Fleet Breakdown(1) +c.3
Slide 7: Enhanced liquidity and credit profile
Enhanced liquidity and credit profile Robust balance sheet, further strengthened by Aquadrill transaction As of November 30, 2022. Unaudited figures, based on Management estimates Evolution of adjusted net debt(1) Transaction significantly accretive for credit and liquidity profile, US$ millions 1 e
Slide 8: Unique track record of creating value in an evolving industry
Unique track record of creating value in an evolving industry Executed several strategic initiatives in 2022, providing a strong foundation in an improving market Continued to deliver operational excellence and place safety at the core of our strategy Well-positioned in key strategic basins, with th