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Stock Market & Financial Investment News

News Breaks
February 12, 2014
06:20 EDTSDRLSeadrill downgraded to Underperform from Market Perform at Wells Fargo
Wells Fargo downgraded Seadrill to Underperform citing risk of a dividend cut and lowered its price target range for shares to $30-$33 from $40-$42.
News For SDRL From The Last 14 Days
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March 2, 2015
12:24 EDTSDRLSeadrill March volatility elevated at 105
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February 26, 2015
05:53 EDTSDRLSeadrill reports Q4-end order backlog of $17.2B
Seadrill achieves 94% economic utilization* for its floater fleet and 98% for its Jack-up fleet for the fourth quarter 2014.
05:44 EDTSDRLSeadrill reports Q4 EPS 32c, consensus 63c
Reports Q4 revenue $1.26B, consensus $1.25B. Net income was negatively impacted by a non-cash impairment of goodwill of US$232 million relating to the Jack-up segment.

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