SDLP - Seadrill Partners LLC

NYSE - NYSE Delayed Price. Currency in USD
1.8100
+0.0760 (+4.38%)
At close: 4:02PM EDT
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Previous Close1.7340
Open1.7500
Bid1.5300 x 2200
Ask2.4800 x 3100
Day's Range1.7000 - 1.8200
52 Week Range1.7000 - 38.0000
Volume14,169
Avg. Volume39,337
Market Cap16.62M
Beta (3Y Monthly)1.04
PE Ratio (TTM)0.49
EPS (TTM)3.7250
Earnings DateAug 20, 2019
Forward Dividend & Yield0.04 (2.31%)
Ex-Dividend Date2019-08-06
1y Target Est2.50
Trade prices are not sourced from all markets
  • GlobeNewswire

    SDLP – Q2 2019 earnings release date and conference call information

    London, United Kingdom, August 9, 2019 - Seadrill Partners LLC is scheduled to release its second quarter 2019 results on Tuesday August 20th, 2019. A conference call and.

  • GlobeNewswire

    SDLP - Seadrill Partners LLC received early termination notice for the West Vencedor

    London, United Kingdom, August 2, 2019 - Seadrill Partners LLC ("SDLP" or "the Company") has received an early termination notice for the West Vencedor contract offshore Cote d’Ivoire prior to its commencement which was expected in Q3 2019.  The unit had recently completed its work in Myanmar and will now stay in Southeast Asia to be marketed for additional opportunities. Seadrill Partners is expected to receive a lump sum early termination payment in Q3 2019 of approximately the amount of adjusted EBITDA that would have been earned under the firm term of the contract and backlog will decrease by $20 million. 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.

  • GlobeNewswire

    SDLP - Seadrill Partners LLC Announces Reduction to Quarterly Cash Distributions

    Seadrill Partners LLC (SDLP) ("Seadrill Partners" or the "Company") announces today that it will reduce the quarterly distribution to its common unitholders to 1 cent per unit, down from the reverse split adjusted first quarter level of 10 cents per unit. While we continue to see improvements in tendering activity and dayrates, the reduced distribution level reflects the Company's desire to preserve liquidity ahead of debt maturities in the second half of 2020 and first quarter of 2021. 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.

  • Thomson Reuters StreetEvents

    Edited Transcript of SDLP earnings conference call or presentation 23-May-19 2:30pm GMT

    Q1 2019 Seadrill Partners LLC Earnings Call

  • GlobeNewswire

    SDLP - Seadrill Partners Announces Contract Award for the West Polaris

    London, United Kingdom, July 19, 2019 - Seadrill Partners ("SDLP" or "the Company") has secured a one year contract for the West Polaris in Southern Asia. Total contract value is expected to be approximately $72 million (including performance incentive and mobilization fees) and commencement is expected in Q1 2020. 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.

  • GlobeNewswire

    SDLP - Changes to Management and the Board of Directors

    London, United Kingdom, June 19, 2019: Seadrill Partners ("SDLP" or the "Company") is pleased to announce changes to its Management team and Board of Directors, effective July 1, 2019. John T. Roche will be appointed as Chief Executive Officer and join the Board of Directors. John has been SDLP`s Chief Financial Officer since 2015 and his appointment to CEO comes following the previously announced decision by Mark Morris to step down at the end of June 2019.

  • GlobeNewswire

    SDLP - Seadrill Partners Announces Contract Award for the West Capricorn

    London, United Kingdom, June 17, 2019 - Seadrill Partners LLC ("SDLP" or "the Company") has secured a one well contract with Kosmos Energy Gulf of Mexico Operations, LLC, for the West Capricorn in the US Gulf of Mexico. 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.

  • GlobeNewswire

    SDLP - Seadrill Partners Announces One for Ten Reverse Unit Split

    Seadrill Partners LLC (the "Company" or "SDLP") (SDLP) announces a one-for-ten reverse unit split on its common units and subordinated units, which is expected to be effective after the close of trading on July 1, 2019. Trading of the split adjusted common units will commence the following day under the same ticker symbol "SDLP" on the New York Stock Exchange. The reverse split will affect all common and subordinated unitholders uniformly and will not alter unit classes or ownership interests in the Company, except to the extent that the reverse split results in any of the Company`s unitholders owning a fractional unit.

  • Seadrill Partners LLC (SDLP) Q1 2019 Earnings Call Transcript
    Motley Fool

    Seadrill Partners LLC (SDLP) Q1 2019 Earnings Call Transcript

    SDLP earnings call for the period ending March 31, 2019.

  • ACCESSWIRE

    Seadrill Partners LLC to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 23, 2019 / Seadrill Partners LLC (NYSE: SDLP ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 23, 2019 at 10:30 AM Eastern ...

  • GlobeNewswire

    SDLP - Seadrill Partners LLC Announces First Quarter 2019 Results

    Total operating expenses for the first quarter were $169.5 million (4Q18: $167.3 million). During the quarter, we re-categorized $3.3 million of certain general and administrative expenses to vessel and rig operating expenses which had no impact on total operating expenses.    Operating income was $34.9 million (4Q18: $49.1 million). The decrease in the expense was primarily due to a lower loss on the mark to market valuation of derivatives of $11.7 million (4Q18: loss of $21.4 million).   Loss before taxes was $39.6 million (4Q18: loss of $34.7 million).    Income tax expense was $11.7 million (4Q18: expense of $73.3 million).

  • GlobeNewswire

    SDLP - Q1 2019 earnings release date and conference call information

    London, United Kingdom, May 1, 2019 - Seadrill Partners LLC is scheduled to release its first quarter 2019 results on Thursday May 23 rd , 2019. A conference call and webcast will be held at 10:30 a.m. ...

  • GlobeNewswire

    SDLP - Seadrill Partners LLC First Quarter 2019 Cash Distribution

    Seadrill Partners LLC (SDLP) ("Seadrill Partners" or the "Company") announces today that a distribution of $0.01 per unit has been declared with respect to the first quarter ended March 31, 2019, in line with the fourth quarter distribution. 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.

  • GlobeNewswire

    SDLP - Seadrill Partners LLC receives early termination notice for the West Capricorn contract

    London, United Kingdom, April 18, 2019 - Seadrill Partners LLC ("SDLP" or the "Company") has received early termination notice for the West Capricorn contract approximately three months ahead of schedule.  The contract was originally expected to run through late July 2019 and we now expect it to conclude in late April 2019 after the current well is completed and the unit is demobilized. Seadrill Partners will receive early termination payments over the original contract term and backlog is expected to decrease by $18 million. 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.

  • GlobeNewswire

    SDLP - Seadrill Partners Receives Continued Listing Notification from the NYSE

    London, United Kingdom, March 29, 2019 - Seadrill Partners LLC (the "Company") (SDLP) received notification from the New York Stock Exchange (NYSE) on March 21, 2019 that it was no longer in compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing unit price of at least $1.00 over a consecutive 30 trading-day period. In accordance with NYSE rules, the Company has a period of six months from receipt of the notice to regain compliance with the NYSE`s minimum share price requirement, with the possibility of extension at the discretion of the NYSE, and it has notified the NYSE of its intent to cure this deficiency.

  • GlobeNewswire

    SDLP- Filing of 2018 Annual Report on Form 20-F

    London, United Kingdom, March 28, 2019 - Seadrill Partners LLC (NYSE:SDLP) announces that it has filed its annual report on Form 20-F for the year ended December 31, 2018 with the Securities and Exchange ...

  • Thomson Reuters StreetEvents

    Edited Transcript of SDLP earnings conference call or presentation 26-Feb-19 3:30pm GMT

    Q4 2018 Seadrill Partners LLC Earnings Call

  • Seadrill Partners (SDLP) Q4 2018 Earnings Conference Call Transcript
    Motley Fool

    Seadrill Partners (SDLP) Q4 2018 Earnings Conference Call Transcript

    SDLP earnings call for the period ending December 31, 2018.

  • GlobeNewswire

    SDLP - Seadrill Partners LLC Announces Fourth Quarter 2018 Results

    Highlights Operating revenue of $219.6 million. Operating income of $49.1 million. Net loss of $108.0 million, reflecting a tax expense of c.$73 million which includes uncertain tax positions. Adjusted ...

  • Moody's

    Seadrill Partners LLC -- Moody's announces completion of a periodic review of ratings of Seadrill Partners LLC

    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.

  • GlobeNewswire

    SDLP - Q4 2018 earnings release date and conference call information

    London, United Kingdom, February 15, 2019 - Seadrill Partners LLC is scheduled to release its fourth quarter 2018 results on Tuesday February 26 th , 2019. A conference call and webcast will be held at ...

  • GlobeNewswire

    SDLP - Seadrill Partners LLC Reduces Quarterly Cash Distribution to 1 cent per unit

    Seadrill Partners LLC (SDLP) ("Seadrill Partners" or the "Company") announces today that it will reduce the quarterly distribution to its common unitholders from 10 cents per unit to 1 cent per unit. The move reflects the slower than anticipated recovery in dayrates and the Company`s desire to preserve liquidity ahead of debt maturities in the second half of 2020 and first quarter of 2021. The fourth quarter cash distribution will be paid on February 14, 2019 to all unitholders of record as of the close of business on February 7, 2019.

  • GlobeNewswire

    SDLP - Seadrill Partners Announces Contract Award for the West Vencedor

    London, United Kingdom, January 16, 2019 - Seadrill Partners LLC ("SDLP" or "the Company") has secured a six well contract with three option wells for the West Vencedor offshore Cote d`Ivoire. 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.

  • Thomson Reuters StreetEvents

    Edited Transcript of SDLP earnings conference call or presentation 20-Nov-18 3:30pm GMT

    Q3 2018 Seadrill Partners LLC Earnings Call