SDLP - Seadrill Partners LLC

NYSE - NYSE Delayed Price. Currency in USD
3.33
-0.22 (-6.20%)
At close: 4:02PM EDT
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Previous Close3.55
Open3.41
Bid3.26 x 1000
Ask3.60 x 800
Day's Range3.25 - 3.47
52 Week Range2.60 - 4.20
Volume274,235
Avg. Volume249,787
Market Cap305.766M
Beta2.34
PE Ratio (TTM)3.77
EPS (TTM)0.88
Earnings DateAug 21, 2018
Forward Dividend & Yield0.40 (11.11%)
Ex-Dividend Date2018-08-06
1y Target Est2.50
Trade prices are not sourced from all markets
  • Ensco’s Financial Health after Its Second-Quarter Results
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    Ensco’s Financial Health after Its Second-Quarter Results

    As of June 30, Ensco (ESV) had long-term debt of $5 billion—compared to $4.7 billion at the beginning of 2018.

  • Seadrill: Best Performer among Peers Last Week
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    Seadrill: Best Performer among Peers Last Week

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  • Analyzing Ensco’s Backlog and Contracts
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    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 Stock Rose 6% after Its Second-Quarter Results
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    Ensco Stock Rose 6% after Its Second-Quarter Results

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  • GlobeNewswire19 days ago

    SDLP - Seadrill Partners LLC Second Quarter 2018 Cash Distribution

    Seadrill Partners LLC (SDLP) ("Seadrill Partners" or the "Company") announces today that a distribution of $0.10 per unit has been declared with respect to the second quarter ended June 30, 2018, in line with the first quarter distribution. This cash distribution will be paid on August 14, 2018 to all unitholders of record as of the close of business on August 7, 2018. Such statements are generally not historical in nature, and specifically include statements about the Company`s plans, strategies, business prospects, changes and trends in its business and the markets in which it operates.

  • Ensco’s Second-Quarter Earnings: Must-Read Highlights
    Market Realist20 days ago

    Ensco’s Second-Quarter Earnings: Must-Read Highlights

    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%.

  • Offshore Drilling Rig Count and Stocks Fell in Week 29
    Market Realist22 days ago

    Offshore Drilling Rig Count and Stocks Fell in Week 29

    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.

  • The Weakest MLPs in the Week Ended July 20
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  • How Offshore Drilling Stocks Performed Last Week
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    How Offshore Drilling Stocks Performed Last Week

    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.

  • GlobeNewswire28 days ago

    SDLP - West Leo Early Termination Litigation Update

    London, United Kingdom, July 18, 2018 - Seadrill Partners LLC ("SDLP" or "the Company") announces today that Tullow Ghana Limited ("Tullow") will not be appealing the English High Court ruling in favor of Seadrill Ghana Operations Limited ("Seadrill Ghana") relating to the early termination of the West Leo contract and Seadrill Ghana has received approximately $248 million, inclusive of interest, but net of withholding tax, VAT and legal expenses. Such statements are generally not historical in nature, and specifically include statements about the Company`s plans, strategies, business prospects, changes and trends in its business and the markets in which it operates. In particular, statements regarding offshore drilling markets, the Company`s ability to make cash distributions, the expected performance of the drilling units in the Company`s fleet, estimated duration of customer contracts, contract dayrate amounts, contract backlog, forecasts of operating income and Adjusted EBITDA and the ability of the Company and Seadrill Limited to negotiate with lenders are considered forward looking statements.

  • Offshore Drilling Companies’ Technical Indicators
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  • Comparing Offshore Drilling Companies’ Dividend Yields
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  • Comparing Offshore Drilling Credit Ratings
    Market Realistlast month

    Comparing Offshore Drilling Credit Ratings

    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.

  • Is Seadrill Partners LLC a Buy?
    Motley Foollast month

    Is Seadrill Partners LLC a Buy?

    Its parent company just emerged from bankruptcy, which may not be a good thing for this offshore rig operator.

  • Best-Performing MLPs in the Week Ending July 6
    Market Realistlast month

    Best-Performing MLPs in the Week Ending July 6

    Seadrill Partners (SDLP), an MLP formed by Seadrill Limited (SDRL) to own, operate, and acquire offshore drilling rigs, was the top MLP gainer in the week ending July 6. Seadrill Partners rallied 12.1%. Last week, the gains could be attributed to a favorable court ruling and a new contract.

  • GlobeNewswirelast month

    SDLP - Seadrill Partners Announces Contract Award for the West Capella

    London, United Kingdom, July 5, 2018 - Seadrill Partners LLC ("SDLP" or "the Company") has secured a five well contract with the potential of several option wells with Sabah Shell Petroleum Limited for the West Capella in Malaysia. Such statements are generally not historical in nature, and specifically include statements about the Company`s plans, strategies, business prospects, changes and trends in its business and the markets in which it operates. In particular, statements regarding offshore drilling markets, the Company`s ability to make cash distributions, the expected performance of the drilling units in the Company`s fleet, estimated duration of customer contracts, contract dayrate amounts, contract backlog, forecasts of operating income and Adjusted EBITDA and the ability of the Company and Seadrill Limited to negotiate with lenders are considered forward looking statements.

  • GlobeNewswirelast month

    SDLP - Seadrill Partners Awarded $273 million in High Court Ruling for Early Termination of the West Leo

    London, United Kingdom, July 3, 2018 - Seadrill Partners LLC ("SDLP" or "the Company") announces today that the English High Court has ruled in favor of its subsidiary Seadrill Ghana Operations Limited ("Seadrill Ghana") relating to the early termination of the West Leo contract by Tullow Ghana Limited ("Tullow"). Seadrill Ghana was seeking to recover standby and force majeure rates and early termination fees of $278 million plus interest and legal expenses.

  • Seadrill: Highest Stock Return among Offshore Drillers
    Market Realistlast month

    Seadrill: Highest Stock Return among Offshore Drillers

    Seadrill’s (SDRL) YTD (year-to-date) returns were 50.7% as of June 27. The stock has outperformed Transocean (RIG), Diamond Offshore (DO), Noble (NE), and Ensco (ESV). They rose 14%–25% during this period.

  • The 1 Stock I'd Never Put in a Roth IRA
    Motley Fool2 months ago

    The 1 Stock I'd Never Put in a Roth IRA

    While this offshore driller pays a high-yielding dividend that investors might want to shield in a Roth IRA, it's unnecessary and highly risky.

  • Thomson Reuters StreetEvents2 months ago

    Edited Transcript of SDLP earnings conference call or presentation 24-May-18 2:00pm GMT

    Q1 2018 Seadrill Partners LLC Earnings Call

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  • Where Will Seadrill Partners LLC Be in 1 Year?
    Motley Fool2 months ago

    Where Will Seadrill Partners LLC Be in 1 Year?

    It's not exactly clear, but there are three likely options.

  • Seadrill Partners Benefits from Rising Crude Oil Prices
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    Seadrill Partners Benefits from Rising Crude Oil Prices

    Seadrill Partners (SDLP), an MLP formed by Seadrill Limited (SDRL) to own, operate, and acquire offshore drilling rigs, has a one-year correlation with crude oil of 0.32 as of June 6. The correlation between Seadrill Partners and crude oil has increased to 0.49 and 0.66 during the past three-month and one-month periods. Seadrill Partners has a higher correlation with oil when crude oil prices are rising.

  • Crestwood Equity Partners: Ninth in Crude Oil Correlation
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  • Seadrill Partners Expects a Rise in Its Second-Quarter EBITDA
    Market Realist2 months ago

    Seadrill Partners Expects a Rise in Its Second-Quarter EBITDA

    In the first quarter, Seadrill Partners’ (SDLP) adjusted EBITDA was $96.9 million compared to $137.9 million in the previous quarter.