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NEW YORK ( TheStreet) -- Seadrill (NYSE: SDRL) hit a new 52-week high Thursday as it is currently trading at $42.95, above its previous 52-week high of $42.94 with 942,030 shares traded as of 11:36 a.m. ET. Average volume has been 2.6 million shares over the past 30 days. Seadrill has a market cap of $19.9 billion and is part of the basic materials sector and energy industry. Shares are up 15.2% year to date as of the close of trading on Wednesday. Seadrill Limited provides offshore drilling services to the oil and gas industry worldwide. The company operates in three segments: Floaters, Jack-up Rigs, and Tender Rigs.