Seadrill (SDRL) Hits New 52-Week High at $26.66

Seadrill Ltd (NYSE:SDRL)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $26.66 and last traded at $26.58, with a volume of 12954 shares traded. The stock had previously closed at $24.54.

An institutional investor recently bought a new position in Seadrill stock. California Public Employees Retirement System bought a new position in shares of Seadrill Ltd (NYSE:SDRL) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 868,424 shares of the oil and gas company’s stock, valued at approximately $169,000. California Public Employees Retirement System owned approximately 0.17% of Seadrill at the end of the most recent quarter.

Seadrill Company Profile (NYSE:SDRL)

Seadrill Limited, an offshore drilling contractor, provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Other. The Floaters segment offers drilling, completion, and maintenance services for offshore exploration and production wells.

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