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Stock Market & Financial Investment News

News Breaks
November 14, 2012
10:59 EDTSDLPSeadrill Partners initiated with an Outperform at Wells Fargo
Valuation range $28-$30.
News For SDLP From The Last 14 Days
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July 17, 2014
13:36 EDTSDLPSeadrill Partners increases cash distribution by 7% to 54.25c
Seadrill Partners announced that its board of directors has declared a quarterly cash distribution with respect to the quarter ended June 30 of 54.25c per unit, which represents an increase of approximately 7% from the 1Q14. This increase, as already announced, relates to the acquisition of the ultra-deepwater drillship, the West Auriga, and the company's management recommendation to the board to increase the quarterly distribution rate as a result in respect of the quarter ending June 30. This increase is not influenced by the accretion resulting from the acquisition of additional Seadrill Operating units announced. Distribution increases as a result of this acquisition will follow in subsequent quarters. This cash distribution will be paid on August 12 to all unitholders of record as of the close of business on July 31.
13:31 EDTSDLPSeadrill Partners acquires additional 28% interest in Seadrill Operating
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