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SeaDrill Limited Message Board

  • saiani saiani Oct 3, 2012 2:29 PM Flag

    What the heck is going on

    here today? This can't be because of the CEO deal.

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    • Analyst booths are unsure whether the change is the right way to go for Seadrill, pointing out that Fredrik Halvorsen has not been entirely successful as head of Archer.

      Archer, who has dropped 58 percent on the Oslo Stock Exchange in the last 12 months. This year the stock has fallen 47 percent and the last month's stock down 16 percent.

      - We believe it will take time before the market becomes comfortable with this new change in management, writes Bank of America Merrill Lynch in an analysis according to Reuters.

      Swedbank First Securities characterize it as a loss for Seadrill losing Thorkildsen.

      - There is clearly a loss for Seadrill losing Thorkildsen. He has delivered kanonbra ever since he came to Seadrill acquisition of Smedvig in 2006, says Sondre Dale Stormyr in the brokerage.

      Seadrill is Tuesday down 0.26 percent to 227.50 kroner.

      Thorkildsen shares sold for 64 million

      30. August this year it was announced that Alf C. Thorkildsen had disposed of 345,000 shares in Seadrill - stock he had received shortly before via options.

    • Gas usage is going down yearly and the forecast is that it's gonna keep going down. Did you see that the for the last quarter that trucks sold for Ford and GM only comprised 12% of their sales? 12% ! Remember 4-5 years ago when large SUVs and light trucks were 45-52% of their sales? That's a LOT of gas saved.

    • Of course it is ! Why not ?

    • Just the government sleezes trying to lower gas prices before the election. obama.

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