|Bid||153.80 x 327700|
|Ask||154.10 x 246400|
|Day's Range||152.90 - 155.30|
|52 Week Range||90.80 - 157.40|
|PE Ratio (TTM)||14.05|
|Dividend & Yield||0.66 (3.38%)|
|1y Target Est||N/A|
Offshore drilling contractor Seadrill again delayed restructuring its $14 billion in debt and liabilities on Wednesday and reiterated that Chapter 11 bankruptcy was likely. Once the biggest offshore rig firm by market value and the crown jewel in the business empire of Norwegian billionaire John Fredriksen, Seadrill shares have fallen 99 percent from a September 2013 peak. "(Seadrill) has reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until Sept. 12," the firm said in a statement, pushing back a previous July 31 deadline and the latest of several delays.
Q2 2017 DNB ASA Earnings Call
A run higher for energy shares and miners, as well as strong updates from Norwegian lender DNB, and a more dovish tone from U.S. Federal Reserve Chief Yellen, helped drive European shares up on Wednesday, though renewed pain for publisher Pearson weighed on the media sector. European shares made early gains and were given a second wind in afternoon trading when Federal Reserve Chair Janet Yellen dampened expectations of more than one interest rate hike this year.