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Seadrill Limited SDRLF

Seadrill Ltd provides drilling and well services to the offshore industry. The company has three reportable segments. Floaters segment encompasses drilling, completion and maintenance of offshore exploration and production wells. Its Jack-up rigs segment relates to operations in harsh and benign environments. Harsh environment rigs segment include both semi-submersibles and jack-ups. It generates maximum revenue from the Floaters segment. Geographically, it derives majority revenue from...


OTCPK:SDRLF - Post by User

Post by Miner1967on Jul 29, 2017 1:17pm
228 Views
Post# 26525285

Latest news

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Investors tend to underestimate debt. They give more attention to things like penny stock status, which can easily change with a r/s, for example.

https://seekingalpha.com/article/4090700-seadrill-creditors-finally-losing-patience

https://seekingalpha.com/article/4090592-seadrill-closer-bankruptcy

At the moment there are debt free companies in the sector will low metrics. No reason to gamble more here.
 

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