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SFL Corporation Ltd. (SFL)

NYSE - NYSE Delayed Price. Currency in USD
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8.12+0.12 (+1.50%)
At close: 4:00PM EDT
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  • V
    Voice of Reason
    Let's see if this can be the beginning of a good break-out. There are catalysts that can move the stock price up. However, for long term investors, only an increase in the dividend will sustain a higher valuation.
  • C
    Chu-Lung
    The Rate for Liners cure is one year high now. https://tradingeconomics.com/commodity/baltic
  • j
    john1958
    That new Car carrier agreement is huge, plus the 2 new ships being built, should give you idea that business is good.
  • C
    Chu-Lung
    https://www.sflcorp.com/ company's web site tells us: SFL has 9 Tankers, 22 Dry Bulk, 50 Liners 3 Offshores. Liners rate way up already, Bulk rate catch up now. Offshore well took care of 2 already.
    Home – SFL
    www.sflcorp.com
  • K
    Keebon
    I'm hoping the SDRL bankruptcy is resolved by the time of the next quarterly report, coming in May. My guess is SDRL will acquire the 2 remaining offshore rigs and SFL will exit offshore with a settlement that will provide some cash to SFL and remove the debt from the balance sheet. They already extracted offshore from the Q1 financials so hopefully they can make it official in Q2. Then it may be time to bump up the dividend a little.
  • P
    Phil
    Seadrill bankruptcy is already baked into this price, which will be over by Summer. SFL already formed a solid base around $7.00 - $7.50 and about to pop to the next level!! Next pop will happen quick, I would board the the train now or you might miss it
    Bullish
  • j
    john1958
    Looks like the whole shipping sector is on the move upward. Nice gains by all ships
  • B
    Bob L.
    Stay away until Seadrill bankruptcy is settled....Big owner of both companies destroyed each of them by taking from Peter to save Paul who couldn't be saved...the whole situation is a disaster.
    Bearish
  • P
    Phil
    SFL is one of the best in the industry!! This earnings should help SFL on the next leg up!!
    Bullish
  • r
    rob
    Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill.

    Any idea how this will affect SFL?
  • M
    MoForce
    I'm all in on this name! I think we see a strong breakout from here
  • P
    Phil
    One of the best in the industry, SFL should easily be over $10 & marching towards pre virus levels
  • o
    ondrej
    When do you plan to re-institute the dividend? I understand from the investor call, that you do not give dividend guidance. But when you reduced the dividends to $0,35 per share, you were citing Covid precaution. However now, due to COVID, the spot rates have gone up and the long term charters remained unaffected. Therefore this was a precaution against a risk that did not materialize and the dividend should be increased accordingly. Also, when you reduced the dividends to $0,25 per share, you cited that you are reducing it by the shortfall created by the Seadrill non-payment. However, in the meantime you have reached an agreement on receiving at least partial payment covering the debt service on the loans for two of the rigs. Therefore part of the reduction should be returned in the dividend.
  • K
    Keebon
    Back in at $7.90 and thinking good thoughts. Without the impairment taken in Q4 SFL must be close to earning the Q1 dividend.
    Bullish
  • r
    rob
    It's amazing that SFL's share price/dividend is affected by Seadrill's bankruptcy (2nd), yet Seadrill's share price has gone UP this week, while SFL's has dropped
  • B
    BOTTOMS
    Yes ,When do you plan to re-institute the dividend????????????
    Neutral
  • F
    Fishguy
    Going in the wrong direction. Should be about $11.00 in my weak mind. Best to all.
  • P
    Phil
    Yes!!
    Bullish
  • r
    rob
    Yesterday - Oil price soars because of Suez canal blockage.

    Today - Oil price FALLS because Suez canal remains blocked....

    Okkkk....
  • E
    Elvis
    Good movement as of late. Hoping this means a dividend increase later this year.