Patient Capital Management Portfolio Holding: Seadrill Limited
SDRL (holding update): 4th largest deepwater drilling specialist with net cash post-Feb 2022 bankruptcy. 50% industry rig scrapping + consolidation created rational market. Positioned for rebound as onshore production limits hit, offshore demand rises. Specialized fleet + minimal debt = consolidation candidate or acquisition target.
Automatically collect high-quality investment opinions from across the web daily
Over 50+ high-quality investment ideas await you every day
Investment insights from 15+ platforms like Substack, Seeking Alpha, X/Twitter, with AI-powered summaries, categorized by industry. Register for free to access all features.