Seadrill Partners LLC (NYSE:SDLP) is expected to pay $0.10 on Nov 14, 2016. The indicated annual dividend is $0.40. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Seadrill Partners LLC’s current price of $3.20, the dividend is 3.13%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 27, 2016. About 9,975 shares traded hands. Seadrill Partners LLC (NYSE:SDLP) has declined 7.76% since March 31, 2016 and is downtrending. It has underperformed by 10.28% the S&P500.
Seadrill Partners LLC is an offshore deepwater drilling company. The company has a market cap of $290.23 million. The Firm owns, operates and acquires offshore drilling units. It has a 1.16 P/E ratio. The Company’s subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC .
Seadrill Partners LLC (NYSE:SDLP) Ratings Coverage
Out of 6 analysts covering Seadrill Partners (NYSE:SDLP), 1 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. Seadrill Partners has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Seaport Global downgraded the shares of SDLP in a report on Friday, December 18 to “Neutral” rating. The firm earned “Underperform” rating on Friday, September 9 by Wells Fargo. The firm earned “Perform” rating on Monday, November 30 by Oppenheimer. As per Tuesday, July 26, the company rating was downgraded by Morgan Stanley.
More notable recent Seadrill Partners LLC (NYSE:SDLP) news were published by: Fool.com which released: “Seadrill Partners LLC Sinks After Slashing Its Distribution” on July 26, 2016, also Fool.com with their article: “Here’s Why Seadrill Ltd., Seadrill Partners LLC, and Atwood Oceanics, Inc …” published on April 08, 2016, Fool.com published: “Why Seadrill Ltd. and Seadrill Partners LLC Plunged in December” on January 09, 2016. More interesting news about Seadrill Partners LLC (NYSE:SDLP) were released by: Moodys.com and their article: “Moody’s downgrades Seadrill Partners to B2; negative outlook” published on October 21, 2015 as well as Seekingalpha.com‘s news article titled: “Seadrill Partners Slashes Its Distribution, Now What?” with publication date: September 07, 2016.
SDLP Company Profile
Seadrill Partners LLC, incorporated on June 28, 2012, is an offshore deepwater drilling company. The Firm owns, operates and acquires offshore drilling units. The Company’s subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC (collectively, OPCO). The Company’s segment is OPCO’s fleet.
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