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Stock Market & Financial Investment News

News Breaks
April 2, 2014
06:36 EDTSDRLSeadrill secures contracts for multiple jack-up units
Seadrill has secured new contracts for four jack-up units and the contract for the West Mischief has been extended by four months. The total revenue potential for the four new contracts and one extension is approximately $319M. Following these fixtures, Seadrill has 92% of its jack-up capacity contracted for 2014 and 64% for 2015. The total order backlog for the jack-up fleet is $4.4B and average remaining contract duration is 2.6 years.
News For SDRL From The Last 14 Days
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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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