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SeaDrill Limited Message Board

  • gordon939 gordon939 Aug 22, 2014 9:19 AM Flag

    I have been negative in the past as concerns SDRL, mostly

    because of their over use of debt, but am coming around, as it seems that Fredriksen is able to make deals that the others, his competitors, are not able to make.

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    • The key ingredient to Sea Drills continued success is the age of their fleet which allows higher rates. And it's mix of rigs which allows it to move into waters that other off shore drillers cannot work. The mostly likely things that can derail nice gains for a considerable length of time are disruptions to the world market and an actual war involving Russia .

      Sentiment: Strong Buy

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