Seadrill Ltd (SDRL) 3.30 $SDRL
SeaDrill (SDRL) to Exchange Debt for Equity Again in a Month
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:17AM CDT
With an intention to lower debt, SeaDrill Limited (SDRL), an offshore drilling firm, is again about to exchange debt-for-equity within a period of less than one month.
HERO: 1.27 (-0.06), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
Williams (WMB) May Cut Dividend In Case ETE Merger Flops
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:54AM CDT
Williams Companies Inc. (WMB) has given a warning to its shareholders that it might opt for reducing third-quarter dividend if its merger with Energy Transfer Equity L.P. (ETE) falls through.
NOV: 35.03 (-1.31), WMB: 22.04 (-1.24), ETE: 12.94 (-0.59), MRO: 13.42 (-0.84), SDRL: 3.30 (-0.08)
SDRL - Seadrill Agrees to Debt-for-Equity Exchange
Globe Newswire - Thu Jun 09, 12:23AM CDT
Hamilton, Bermuda, June 9, 2016 - Seadrill Limited ("Seadrill" or the "Company"
announces today that it has entered into a privately negotiated exchange agreement with certain holders of its outstanding 5-5/8% Senior Notes due 2017 (the "2017 Notes", pursuant to which the Company has agreed to issue a total of 7,500,000 new shares of its common stock, par value $2.00 per share, in exchange for $50.0 million principal amount of the 2017 Notes in accordance with Section 3(a)(9) of the U.S. Securities Act of 1933, as amended (the "Exchange".
SDRL: 3.30 (-0.08)
SDRL - North Atlantic Drilling Ltd. announces amendment to agreement with Jurong Shipyard
Globe Newswire - Tue Jun 07, 12:31AM CDT
Hamilton, Bermuda, June 7, 2015 - North Atlantic Drilling Ltd. ("NADL" or "the Company" refers to the press release on December 3, 2015 which announced a standstill agreement for delivery of the semi-submersible drilling unit, the West Rigel ("the Unit".
SDRL: 3.30 (-0.08), NADL: 6.00 (+0.85)
SDRL - Mandatory notification of trade
Globe Newswire - Sun Jun 05, 11:28PM CDT
Hamilton, Bermuda, June 6th, 2016 - Seadrill Limited ("Seadrill" has settled a Total Return Swap agreement (TRS) expiring on June 3, 2016 with 4,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 4,000,000 Seadrill Limited common shares. The expiry date for the new TRS is September 5, 2016 and the reference price is NOK26.1601 per share.
SDRL: 3.30 (-0.08)
SDRL - Anton Dibowitz appointed Executive Vice President
Globe Newswire - Thu Jun 02, 12:31AM CDT
Hamilton, Bermuda, June 2, 2016 - The Board of Seadrill Limited ("Seadrill" has appointed Anton Dibowitz as Executive Vice President of Seadrill Management Ltd. He will continue to report to CEO, Per Wullf.
SDRL: 3.30 (-0.08)
The Zacks Analyst Blog Highlights: Exxon Mobil, Suncor Energy, Royal Dutch Shell, SeaDrill and BP
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Suncor Energy, Royal Dutch Shell, SeaDrill and BP
SU: 26.94 (-0.73), RDS.A: 51.31 (-1.01), XOM: 89.98 (-0.69), BP: 32.22 (-0.82), SDRL: 3.30 (-0.08)
Oil & Gas Stock Roundup: Exxon Rejects Climate Change Proposals, Suncor Resumes Output Post Fire Shutdown
Nilanjan Choudhury - Zacks Investment Research - Tue May 31, 3:04PM CDT
Shareholders at Exxon Mobil (XOM) voted down climate change proposals, while Suncor Energy (SU) announced plans to restart operations after the Fort McMurray fires in Canada.
SU: 26.94 (-0.73), RDS.A: 51.31 (-1.01), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), XOM: 89.98 (-0.69), BP: 32.22 (-0.82), SDRL: 3.30 (-0.08)
SeaDrill (SDRL) Posts Weak Earnings in Q1, Revenues Lag
Zacks Equity Research - Zacks Investment Research - Thu May 26, 8:47AM CDT
SeaDrill Limited (SDRL) reported weak first-quarter 2016 results owing to underperformances by Jack-up Rigs and Floaters.
HERO: 1.27 (-0.06), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
SDRL - Seadrill Limited Announces First Quarter 2016 Results
Globe Newswire - Thu May 26, 1:04AM CDT
Highlights
SDRL: 3.30 (-0.08)
Oil & Gas Stock Roundup: FMC Tech to Merge with Technip, Chevron Aims to Restart Gorgon
Nilanjan Choudhury - Zacks Investment Research - Tue May 24, 3:53PM CDT
Oilfield service providers FMC Technologies (FTI) and Technip have agreed to merge in a deal worth $13 billion, while Chevron (CVX) hopes to resume its Gorgon LNG operations soon.
PBR: 6.47 (-0.42), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), FTI: 27.47 (-0.80), SDRL: 3.30 (-0.08), CVX: 101.98 (-0.83), RDC: 18.03 (-1.27)
Will SeaDrill (SDRL) Beat Q1 Earnings on Robust Backlog?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 9:22AM CDT
Will SeaDrill (SDRL) Beat Q1 Earnings on Robust Backlog?
NGL: 18.68 (+0.44), TSL: 7.20 (-0.27), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
Look for Shares of Seadrill to Potentially Rebound after Yesterday's 2.97% Sell Off
Comtex SmarTrend(R) - Mon May 23, 3:39PM CDT
Seadrill (NYSE:SDRL) traded in a range yesterday that spanned from a low of $2.98 to a high of $3.18. Yesterday, the shares fell 3.0%, which took the trading range below the 3-day low of $3.13 on volume of 5.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SDRL: 3.30 (-0.08)
SeaDrill's West Hercules Rig Receives Termination Notice
Zacks Equity Research - Zacks Investment Research - Mon May 23, 3:01PM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) confirmed that the contract for its semi-submersible drilling rig, West Hercules to Norwegian oil major Statoil ASA (STO) has been terminated ahead of schedule.
SDLP: 5.61 (-0.39), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08), STO: 16.37 (-0.54)
SDRL - Settlement of Debt-for-Equity Exchange
Globe Newswire - Mon May 23, 12:32AM CDT
Hamilton, Bermuda, May 23, 2016 - Seadrill Limited confirms that the issuance of new shares of its common stock announced on May 18, 2016, was settled on May 20, 2016. The 8,184,340 new shares have been issued and registered, and the new issued share capital of Seadrill amounts to US$1.002 billion, represented by 500,944,280 shares of its common stock issued and outstanding, each with a par value of US$2.00.
SDRL: 3.30 (-0.08)
SDRL - Seadrill Receives Notice of Contract Cancellation for the West Hercules
Globe Newswire - Mon May 23, 12:31AM CDT
London, United Kingdom, May 23, 2016 - Seadrill Limited ("Seadrill" or the "Company" has received a notice of termination for convenience from the current operator related to the contract for the West Hercules which was originally contracted for drilling in Norway with North Atlantic Drilling Ltd.. In accordance with the contract, the Company will receive a lump sum payment of approximately $61 million, plus dayrate and reimbursement of costs associated with demobilization of the rig. The West Hercules is currently being marketed for new work.
SDRL: 3.30 (-0.08)
SeaDrill (SDRL) Inks Debt-to-Equity Exchange Agreement
Zacks Equity Research - Zacks Investment Research - Thu May 19, 9:06AM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) has agreed to exchange around $55 million convertible senior notes with a total of 8.18 million new shares of its common stock.
BAK: 11.46 (-0.32), MDR: 4.74 (-0.19), SDRL: 3.30 (-0.08), PBA: 30.96 (-0.38)
Exxon Mobil Cancels West Capella Drilling Rig Contract
Zacks Equity Research - Zacks Investment Research - Tue May 17, 8:04AM CDT
Exxon Mobil Corporation (XOM) has terminated a contract for Seadrill Partners LLC's (SDLP) West Capella drillship.
RIG: 10.75 (-0.72), SDLP: 5.61 (-0.39), XOM: 89.98 (-0.69), SDRL: 3.30 (-0.08)
SDRL - Q1 2016 earnings release date and conference call information
Globe Newswire - Mon May 16, 11:25AM CDT
Hamilton, Bermuda, May 16th, 2016 - Seadrill Limited is scheduled to release its first quarter 2016 results on Thursday May 26th, 2016.
SDRL: 3.30 (-0.08)
SeaDrill (SDRL) to Exchange Debt for Equity Again in a Month
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:17AM CDT
With an intention to lower debt, SeaDrill Limited (SDRL), an offshore drilling firm, is again about to exchange debt-for-equity within a period of less than one month.
HERO: 1.27 (-0.06), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
Williams (WMB) May Cut Dividend In Case ETE Merger Flops
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:54AM CDT
Williams Companies Inc. (WMB) has given a warning to its shareholders that it might opt for reducing third-quarter dividend if its merger with Energy Transfer Equity L.P. (ETE) falls through.
NOV: 35.03 (-1.31), WMB: 22.04 (-1.24), ETE: 12.94 (-0.59), MRO: 13.42 (-0.84), SDRL: 3.30 (-0.08)
SDRL - Seadrill Agrees to Debt-for-Equity Exchange
Globe Newswire - Thu Jun 09, 12:23AM CDT
Hamilton, Bermuda, June 9, 2016 - Seadrill Limited ("Seadrill" or the "Company"
announces today that it has entered into a privately negotiated exchange agreement with certain holders of its outstanding 5-5/8% Senior Notes due 2017 (the "2017 Notes", pursuant to which the Company has agreed to issue a total of 7,500,000 new shares of its common stock, par value $2.00 per share, in exchange for $50.0 million principal amount of the 2017 Notes in accordance with Section 3(a)(9) of the U.S. Securities Act of 1933, as amended (the "Exchange". SDRL: 3.30 (-0.08)
SDRL - North Atlantic Drilling Ltd. announces amendment to agreement with Jurong Shipyard
Globe Newswire - Tue Jun 07, 12:31AM CDT
Hamilton, Bermuda, June 7, 2015 - North Atlantic Drilling Ltd. ("NADL" or "the Company"
refers to the press release on December 3, 2015 which announced a standstill agreement for delivery of the semi-submersible drilling unit, the West Rigel ("the Unit". SDRL: 3.30 (-0.08), NADL: 6.00 (+0.85)
SDRL - Mandatory notification of trade
Globe Newswire - Sun Jun 05, 11:28PM CDT
Hamilton, Bermuda, June 6th, 2016 - Seadrill Limited ("Seadrill"
has settled a Total Return Swap agreement (TRS) expiring on June 3, 2016 with 4,000,000 common shares in Seadrill Limited as underlying security. Seadrill has subsequently entered into a new TRS agreement with exposure to 4,000,000 Seadrill Limited common shares. The expiry date for the new TRS is September 5, 2016 and the reference price is NOK26.1601 per share. SDRL: 3.30 (-0.08)
SDRL - Anton Dibowitz appointed Executive Vice President
Globe Newswire - Thu Jun 02, 12:31AM CDT
Hamilton, Bermuda, June 2, 2016 - The Board of Seadrill Limited ("Seadrill"
has appointed Anton Dibowitz as Executive Vice President of Seadrill Management Ltd. He will continue to report to CEO, Per Wullf. SDRL: 3.30 (-0.08)
The Zacks Analyst Blog Highlights: Exxon Mobil, Suncor Energy, Royal Dutch Shell, SeaDrill and BP
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Suncor Energy, Royal Dutch Shell, SeaDrill and BP
SU: 26.94 (-0.73), RDS.A: 51.31 (-1.01), XOM: 89.98 (-0.69), BP: 32.22 (-0.82), SDRL: 3.30 (-0.08)
Oil & Gas Stock Roundup: Exxon Rejects Climate Change Proposals, Suncor Resumes Output Post Fire Shutdown
Nilanjan Choudhury - Zacks Investment Research - Tue May 31, 3:04PM CDT
Shareholders at Exxon Mobil (XOM) voted down climate change proposals, while Suncor Energy (SU) announced plans to restart operations after the Fort McMurray fires in Canada.
SU: 26.94 (-0.73), RDS.A: 51.31 (-1.01), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), XOM: 89.98 (-0.69), BP: 32.22 (-0.82), SDRL: 3.30 (-0.08)
SeaDrill (SDRL) Posts Weak Earnings in Q1, Revenues Lag
Zacks Equity Research - Zacks Investment Research - Thu May 26, 8:47AM CDT
SeaDrill Limited (SDRL) reported weak first-quarter 2016 results owing to underperformances by Jack-up Rigs and Floaters.
HERO: 1.27 (-0.06), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
SDRL - Seadrill Limited Announces First Quarter 2016 Results
Globe Newswire - Thu May 26, 1:04AM CDT
Highlights
SDRL: 3.30 (-0.08)
Oil & Gas Stock Roundup: FMC Tech to Merge with Technip, Chevron Aims to Restart Gorgon
Nilanjan Choudhury - Zacks Investment Research - Tue May 24, 3:53PM CDT
Oilfield service providers FMC Technologies (FTI) and Technip have agreed to merge in a deal worth $13 billion, while Chevron (CVX) hopes to resume its Gorgon LNG operations soon.
PBR: 6.47 (-0.42), RIG: 10.75 (-0.72), TSO: 77.21 (-1.54), FTI: 27.47 (-0.80), SDRL: 3.30 (-0.08), CVX: 101.98 (-0.83), RDC: 18.03 (-1.27)
Will SeaDrill (SDRL) Beat Q1 Earnings on Robust Backlog?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 9:22AM CDT
Will SeaDrill (SDRL) Beat Q1 Earnings on Robust Backlog?
NGL: 18.68 (+0.44), TSL: 7.20 (-0.27), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08)
Look for Shares of Seadrill to Potentially Rebound after Yesterday's 2.97% Sell Off
Comtex SmarTrend(R) - Mon May 23, 3:39PM CDT
Seadrill (NYSE:SDRL) traded in a range yesterday that spanned from a low of $2.98 to a high of $3.18. Yesterday, the shares fell 3.0%, which took the trading range below the 3-day low of $3.13 on volume of 5.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
SDRL: 3.30 (-0.08)
SeaDrill's West Hercules Rig Receives Termination Notice
Zacks Equity Research - Zacks Investment Research - Mon May 23, 3:01PM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) confirmed that the contract for its semi-submersible drilling rig, West Hercules to Norwegian oil major Statoil ASA (STO) has been terminated ahead of schedule.
SDLP: 5.61 (-0.39), NADL: 6.00 (+0.85), SDRL: 3.30 (-0.08), STO: 16.37 (-0.54)
SDRL - Settlement of Debt-for-Equity Exchange
Globe Newswire - Mon May 23, 12:32AM CDT
Hamilton, Bermuda, May 23, 2016 - Seadrill Limited confirms that the issuance of new shares of its common stock announced on May 18, 2016, was settled on May 20, 2016. The 8,184,340 new shares have been issued and registered, and the new issued share capital of Seadrill amounts to US$1.002 billion, represented by 500,944,280 shares of its common stock issued and outstanding, each with a par value of US$2.00.
SDRL: 3.30 (-0.08)
SDRL - Seadrill Receives Notice of Contract Cancellation for the West Hercules
Globe Newswire - Mon May 23, 12:31AM CDT
London, United Kingdom, May 23, 2016 - Seadrill Limited ("Seadrill" or the "Company"
has received a notice of termination for convenience from the current operator related to the contract for the West Hercules which was originally contracted for drilling in Norway with North Atlantic Drilling Ltd.. In accordance with the contract, the Company will receive a lump sum payment of approximately $61 million, plus dayrate and reimbursement of costs associated with demobilization of the rig. The West Hercules is currently being marketed for new work. SDRL: 3.30 (-0.08)
SeaDrill (SDRL) Inks Debt-to-Equity Exchange Agreement
Zacks Equity Research - Zacks Investment Research - Thu May 19, 9:06AM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) has agreed to exchange around $55 million convertible senior notes with a total of 8.18 million new shares of its common stock.
BAK: 11.46 (-0.32), MDR: 4.74 (-0.19), SDRL: 3.30 (-0.08), PBA: 30.96 (-0.38)
Exxon Mobil Cancels West Capella Drilling Rig Contract
Zacks Equity Research - Zacks Investment Research - Tue May 17, 8:04AM CDT
Exxon Mobil Corporation (XOM) has terminated a contract for Seadrill Partners LLC's (SDLP) West Capella drillship.
RIG: 10.75 (-0.72), SDLP: 5.61 (-0.39), XOM: 89.98 (-0.69), SDRL: 3.30 (-0.08)
SDRL - Q1 2016 earnings release date and conference call information
Globe Newswire - Mon May 16, 11:25AM CDT
Hamilton, Bermuda, May 16th, 2016 - Seadrill Limited is scheduled to release its first quarter 2016 results on Thursday May 26th, 2016.
SDRL: 3.30 (-0.08)
