|Bid||0.0000 x 900|
|Ask||0.0000 x 800|
|Day's Range||0.3805 - 0.3950|
|52 Week Range||0.3300 - 3.9400|
|Beta (3Y Monthly)||1.07|
|PE Ratio (TTM)||1.06|
|Forward Dividend & Yield||0.04 (10.13%)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Seadrill Partners LLC and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Norwegian offshore drilling rig firm Seadrill Ltd said on Thursday that Chief Financial Officer Mark Morris will step down following completion of the company's financial restructuring. The company, controlled by Norwegian-born billionaire John Fredriksen, said it has begun a formal search process and that Morris will remain in the role until the end of June to make the transition possible. Separately, Seadrill Partners said Morris would step down as chief executive officer of that firm at the end of June.
Moody's Investors Service ("Moody's") today affirmed Seadrill Partners LLC's (SDLP) corporate family rating (CFR) of Caa2 and probability of default rating (PDR) of Caa2-PD. Concurrently, Moody's affirmed the Caa2 rating on the $2.9 billion senior secured term loan due 2021, borrowed by SDLP's subsidiaries Seadrill Operating LP and Seadrill Partners Finco LLC, and the B1 rating on the $100 million first out secured revolving credit facility (RCF) due 2019, borrowed by Seadrill Operating LP, Seadrill Partners Finco LLC, and Seadrill Capricorn Holdings LLC, also a subsidiary of SDLP.
Nov 27 (Reuters) - Seadrill Partners Llc: * SEADRILL PARTNERS ANNOUNCES CONTRACT AWARD FOR THE WEST CAPELLA * HAS SECURED A ONE WELL CONTRACT WITH TWO OPTIONS WITH PETRONAS CARIGALI SDN BHD., FOR WEST ...
This analysis is intended to introduce important early concepts to people who are starting to invest and want to begin learning about how to value company based on its currentRead More...
Offshore drilling stocks had mixed returns in Week 30, which ended July 27. The best performer during the week was Seadrill (SDRL). Noble Corporation (NE) was the weakest performer among its peers.
As of June 30, Ensco (ESV) had a total contracted backlog of $2.3 billion—compared to $2.8 billion as of December 31, 2017. The decline in the company’s backlog was due to realized revenues during the first quarter—partially offset by contract extensions and new contract awards.
Ensco (ESV) released its second-quarter results on July 2 after the markets closed. The results were followed by a conference call on July 26.
Ensco (ESV) released its second-quarter results yesterday after the markets closed. Ensco earned revenues of $459 million in the second quarter of 2018, compared to $458 million a year ago. Ensco’s revenues found support in the addition of $55 million in revenue from Atwood Oceanics’ rigs, the ENSCO DS-10‘s joining the active fleet, and an increase in utilization from 56% to 61%.
In Week 29, which ended on July 20, all offshore drilling stocks traded in the red. Seadrill (SDRL) fell the most, while Seadrill Partners (SDLP) fell the least.
Legacy Reserves (LGCY), an upstream MLP involved in crude oil, natural gas, and NGLs (natural gas liquids) production, was the weakest MLP in the week that ended on July 20. LGCY fell 15.4%.
Most offshore drilling stocks traded in the green in the week ended July 13 (week 28). The best performer during the week was Noble. Seadrill Partners was the weakest performer among its peers and the only offshore driller that traded in the red.
Earlier in this series, we analyzed and compared the business fundamentals of different offshore drilling companies. Now we’ll look at the technical indicators for these offshore drillers (XLE).
Dividend yield indicates how much a company pays in dividends relative to its share price. It’s calculated as the dollar value of dividends as a percentage of the stock price. Income investors generally value high-dividend-yield stocks while growth investors have little interest in dividend stocks.
Credit ratings can change over time as the outlook for the industry and companies changes. On July 10, Moody’s downgraded Rowan Companies’ (RDC) corporate family rating to B3 from B2. It maintained a “negative” outlook on Rowan Companies.