Goldman Sachs Upgrades Seadrill Ltd. (SDRL) to Neutral

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Go back to Goldman Sachs Upgrades Seadrill Ltd. (SDRL) to Neutral

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

Seadrill Ltd. (SDRL) Misses Q3 EPS Views, Suspends Dividend

November 26, 2014 6:06 AM EST

Seadrill Ltd. (NYSE: SDRL) reported Q3 EPS of $0.31, $0.36 worse than the analyst estimate of $0.67. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.28 billion.

Seadrill Limited is suspending dividend distributions and focusing on debt reduction and value creating opportunities... More