Beats earning estimates reduces long term debt by 1 billion and 200 million more cash on hand. Oil doesn't control a stock, the ups and down in the price are driven by buyers and sellers, not oil's short term fluctuation. Especially US oil Obama Vetos Keystone pipeline Supply numbers are two months old Old Oil rigs retiring highest in 20 years NY Governors says No fracking here Frackers cutting jobs, shutting operations. My only concern is "Can SDRL reduce debt load without selling Rigs?". Total Asset worth is 26 Billion.