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Stock Market & Financial Investment News

News Breaks
April 16, 2013
15:24 EDTSDRLSeadrill awarded three-year contract for newbuild West Neptune
Seadrill has signed a contract with LLOG Bluewater Holdings for employment of the new-build drill-ship, West Neptune, offshore Gulf of Mexico. The contract duration is a minimum of three years plus an option for a one-year extension at mutually agreed rates. The potential revenue for the primary contract term is approximately $662M, the company said. The West Neptune is expected to be delivered to Seadrill from the Samsung Heavy Industries shipyard in early June 2014.
News For SDRL From The Last 14 Days
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August 27, 2015
06:04 EDTSDRLSeadrill reports Q2 operating profit $384M
Operating profit for the quarter was $384 million compared to $703 million in the preceding quarter. The decrease was primarily due to the gain on deconsolidation of SeaMex during the first quarter, and a loss on the sale of the West Polaris to Seadrill Partners during the second quarter. Taken together, these items account for approximately $261 million, or 82%, of the sequential decline in operating profit. Excluding these non-recurring items, operating profit declined 11% sequentially. On a like for like basis, the decline in operating profit can be primarily attributed to the deconsolidation of SeaMex and increased idle time across the fleet.
06:04 EDTSDRLSeadrill achieves 83% economic utilization for floater fleet in Q2
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06:03 EDTSDRLSeadrill reports Q2 EPS 77c, consensus 63c
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August 26, 2015
10:57 EDTSDRLEuropean oilfield service names boosted by M&A speculation, says JPMorgan
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August 25, 2015
18:11 EDTSDRLTranocean tanks after proposing dividend cancellations, peers follow
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