North Atlantic Drilling Ltd. (NADL) Misses Q3 EPS by 3c, Revenue Beats, to Suspend Dividends

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Go back to North Atlantic Drilling Ltd. (NADL) Misses Q3 EPS by 3c, Revenue Beats, to Suspend Dividends

Offshore Drillers Decline After Seadrill Suspends Dividend (SDRL) (RIG) (DO) (NADL)

November 26, 2014 7:48 AM EST

Offshore drillers were weak early on Wednesday after Seadrill Ltd. (NYSE: SDRL) said its was suspending its dividend distributions and focusing on debt reduction due to significant deterioration in the broader markets. Peers Transocean (NYSE: RIG), Diamond Offshore... More