|Bid||0.000 x 1200|
|Ask||0.000 x 1800|
|Day's Range||0.414 - 0.449|
|52 Week Range||0.150 - 0.740|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Seadrill (SDRL) had a fantastic run in the last four days. Read Why Seadrill Stock Skyrocketed? to learn more about why the stock price rose and if any fundamentals are attached to the rise. In this part, we’ll discuss the technical indicators for Seadrill and some other key offshore drillers (IYE).
In week 19, the week ended May 11, Rowan Companies and Noble Corporation were the best performers among the offshore drilling stocks. Both stocks rose more than 12.0% last week. Seadrill Partners, which rose less than 1.0%, was the lowest performer among its peers.
In week 18, the week ending May 4, Ensco and Seadrill were the best performers among offshore drilling stocks. Both of the stocks rose more than 6% last week. Diamond Offshore, which fell more than 3%, was the worst performer.
A strong North American drilling market was not enough for Schlumberger (SLB) and Halliburton (HAL) to beat Q1 earnings, while France's TOTAL (TOT) strengthened its low-carbon energy asset portfolio.
Perforadora Oro Negro, an offshore drilling contractor, filed for bankruptcy in the U.S. Friday, seeking an investigation into allegations that the owner of a major competitor teamed up with Mexico’s state-owned oil behemoth to drive Oro Negro out of business. The company, which is carrying nearly $1 billion in debt, sought chapter 15 protection, the part of the U.S. bankruptcy code that deals with international insolvencies, in U.S. Bankruptcy Court in New York. If its request for chapter 15 is approved by Judge Shelley Chapman, who will oversee the case, Oro Negro will receive the benefits of U.S. bankruptcy law, including the so-called automatic stay that halts lawsuits and prevents creditors from seizing assets.
In week 15, the week ending April 13, 2018, all of the offshore drilling stocks rose. Transocean was the best performer among its peers, while Seadrill Partners rose the least in week 15.
Offshore oil driller Seadrill plans to emerge from Chapter 11 bankruptcy in late June or early July to catch the rising wave of rig market activity, its chief executive told said on Wednesday. The company won U.S. court approval on Tuesday for its multi-billion dollar debt restructuring plan after reaching a deal with more than 40 banks, unsecured creditors and shipyards. Obviously, we would like to do it as fast as possible," CEO Anton Dibowitz told Reuters.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! Rigel Pharmaceuticals, Inc. (NASDAQ: RIGL ) stock ...
OSLO, April 18 (Reuters) - * Norwegian shares traded up on Wednesday * Oslo's benchmark index rose 1.10 pct, or 9.23 points, setting a new all-time high of 847.03 points. The bourse was up by 2.87 pct ...
Norwegian billionaire John Fredriksen will remain in charge of the Seadrill Ltd. international offshore fleet of heavy drilling equipment under a chapter 11 plan confirmed in a bankruptcy court in Houston....
A U.S. judge said on Tuesday he would approve Seadrill Ltd's plan to exit its Chapter 11 bankruptcy, in which the global offshore oil and gas drilling company would shed billions of dollars of debt and raise $1 billion in new investment. U.S. Bankruptcy Judge David Jones in Houston overruled two minor objections to the reorganization plan during a 90-minute hearing. The plan extends maturities on more than $5 billion of bank loans and converts about $2.3 billion in bond debt into equity in a reorganized Seadrill.
In week 14, the week ending April 6, 2018, Rowan Companies was the best performer among offshore drilling stocks. The company secured a new contract. As a result, Rowan Companies’ stock price increased last week.
The Zacks Analyst Blog Highlights: Royal Dutch, SM Energy, Kinder Morgan, Carrizo Oil and SeaDrill
Royal Dutch Shell (RDS.A) and upstream player SM Energy Company (SM) decided to offload certain none-core assets, while Kinder Morgan (KMI) stopped work on the controversial Trans Mountain project.
A legal battle over a small oil-drilling company is testing Mexico’s promises of greater transparency and competition made when the country opened its oil industry five years ago.
SeaDrill Limited (NYSE:SDRL), an energy company based in Bermuda, received a lot of attention from a substantial price movement on the NYSE in the over the last few months, increasingRead More...
In a bid to deepen its focus on U.S. shale plays, Marathon Oil (MRO) offloaded its oil acreage in Libya, while SeaDrill (SDRL) announced final restructuring agreement after months of negotiations.
In 4Q17, Transocean’s (RIG) costs increased. With a fall in revenue, Transocean’s drilling-to-revenue ratio rose to 66% in 4Q17 from 46% in 3Q17. Transocean’s operating and maintenance expenses rose by $66 million in 4Q17 to $389 million.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.