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Started By
Message
Seadrill (SDRL) has a yield of 0%.
Posted on 9/24/14 at 4:20 pm
Posted on 9/24/14 at 4:20 pm
I own shares of this stock. I bought them for $34 a share. It's now something like $27.8.
I don't suggest an investor buy this stock now.
They just paid a dividend. Oil prices are down and they just did some deal that the market is reacting to negatively.
I do suggest putting this stock on your watch list. Eventually, oil prices will increase and while waiting for them to go up, you can get enjoy big dividends.
For years I tried to get this stock at $31 a share. I should have waited. But I'm not clairvoyant. Not long ago, this stock was $48 a share. Who knows how low it will go but I remember it was once $24 a share.
Mining sotocks like this are really volatile.
It's a gamble. Just letting you know. I contemplate buying more shares, but I already have enough. I'm, a conservativat investor.
I don't suggest an investor buy this stock now.
They just paid a dividend. Oil prices are down and they just did some deal that the market is reacting to negatively.
I do suggest putting this stock on your watch list. Eventually, oil prices will increase and while waiting for them to go up, you can get enjoy big dividends.
For years I tried to get this stock at $31 a share. I should have waited. But I'm not clairvoyant. Not long ago, this stock was $48 a share. Who knows how low it will go but I remember it was once $24 a share.
Mining sotocks like this are really volatile.
It's a gamble. Just letting you know. I contemplate buying more shares, but I already have enough. I'm, a conservativat investor.
This post was edited on 11/29/14 at 8:18 am
8
Posted on 9/24/14 at 4:36 pm to samson'sseed
Full disclosure:
I bought at $34 months ago and bought a bit more at $29.
I'm also contemplating buying more, the BOD claims the divvy is safe through 2016...
They've got lots of the newest drilling equipment and are pretty well contracted out through the foreseeable future.
I'm a buy and hold kinda guy, as hard as it is to watch this one fall I'm hanging on. I have a hard time believing in 5 yrs it won't have made me some $. Considering buying more if it reached $24 to DCA..
I bought at $34 months ago and bought a bit more at $29.
I'm also contemplating buying more, the BOD claims the divvy is safe through 2016...
They've got lots of the newest drilling equipment and are pretty well contracted out through the foreseeable future.
I'm a buy and hold kinda guy, as hard as it is to watch this one fall I'm hanging on. I have a hard time believing in 5 yrs it won't have made me some $. Considering buying more if it reached $24 to DCA..
Posted on 9/24/14 at 4:40 pm to DucksnBucks37
Been wanting to start a drillers thread since so many posters know the industry. Where's the bottom here? Seems ridiculously cheap now....
Posted on 9/24/14 at 4:48 pm to eye65
I like Seadrill..I also like Pacific Driling. May take a position in PACD soon
Posted on 9/24/14 at 4:49 pm to eye65
sdrl, transocean, noble, ensco, rowan, pacific...they are all on downswings because of rig downtime. hope it doesn't last too long, i've been hearing that 2015 should really pick up again.
Posted on 9/24/14 at 8:51 pm to samson'sseed
I bought in at $33 back in April because of the dividends. Rode it up to $40, and all the way down to present- I'm holding for dividends. If I had any extra to spend, I'd pick up a few more shares.
Posted on 9/24/14 at 8:55 pm to LSUGUMBO
They are also offering shares to raise some $ for acquisitions, dates I saw had it announced today.
Posted on 9/25/14 at 6:19 am to eng08
seadrill is the best long run play in that sector..... they by far have the youngest, most high tech fleet of deepwater rigs. this will allow them to receive the highest day rate possible compared to the others.
Posted on 9/25/14 at 9:01 am to samson'sseed
It looks liked they are headquartered in Bermuda. I don't know if that is relevant or not.
Thanks for the heads up. I will add to my watch list just to keep up.
Thanks for the heads up. I will add to my watch list just to keep up.
Posted on 9/25/14 at 12:08 pm to PlanoPrivateer
Seems like my assessment is similar to the ones above. Always makes me feel a bit better. I've got an auto-fill in at 26.
I too rode this one to 40+. It's been tough watching it fall. Was one of my strongest performers until recently
I too rode this one to 40+. It's been tough watching it fall. Was one of my strongest performers until recently
Posted on 9/25/14 at 12:14 pm to DucksnBucks37
Yeah, tough watching it fall, but at least you are getting cash in hand because of the dividend. I've watched this stock casually for a few years. There P/E is so low at 3.15.
Posted on 9/25/14 at 12:54 pm to TheIndulger
Shouldn't an the unrest in the middle east cause domestic(ish) drilling to become more prevalent in order to keep oil prices from going through the roof?
Posted on 9/25/14 at 1:17 pm to DucksnBucks37
Hmm, I dunno. The oil companies here aren't government operated and generally have planned budgets. They don't necessarily operate to "keep oil prices down".. do you mean will the Feds start pushing permits through more leniently for offshore drilling?
Posted on 9/25/14 at 2:42 pm to TheIndulger
Virtus oil and gas is up 50% in the past couple months. 
go buy some!
go buy some!
Posted on 9/25/14 at 6:01 pm to cjared036
the entire industry in that space has taken a hit the last 6 months or so. it has everything to do with day rates. luckily sea drill gets the best out there
Posted on 9/26/14 at 8:21 am to roguetiger15
quote:
seadrill is the best long run play in that sector..... they by far have the youngest, most high tech fleet of deepwater rigs. this will allow them to receive the highest day rate possible compared to the others.
This is the type comment I was looking for. RIG and NE are the ones I've had on watch for awhile now. So what's holding these guys down? Lower oil? Unfavorable administration? Combination of the two plus the day rate issues?
Any employees out there buying shares of the company they work for?
Posted on 9/26/14 at 10:27 pm to roguetiger15
They fired my lazy ex son in law, so someone at seadrill knows what they are doing.
Posted on 9/27/14 at 1:16 pm to TigerFanDan
quote:
This is the type comment I was looking for. RIG and NE are the ones I've had on watch for awhile now. So what's holding these guys down? Lower oil? Unfavorable administration? Combination of the two plus the day rate issues?
if you're asking about sdrl, many people are worried that the dividend cannot be sustainable. the ceo has repeatedly expressed that it can and will remain that high. looking at the dividend on a historical basis and i can't find anything to disagree with the ceo..another reason investors are hesitant is because sdrl is basically the outlier, no company in the oilfield offers a dividend that high so its kind of a new/different way of bringing in investors compared to what the oil and gas industry has been doing. couple that with sdrl in the process of pumping out a number of new rigs in the next couple years in a time where oil prices have dropped, you can see the hesitancy among investors.
This post was edited on 9/27/14 at 1:17 pm
Posted on 10/2/14 at 9:12 am to samson'sseed
Just picked up a few shares. May pick up a few more if it drops below $24. Really been taking it on the chin lately (SDRL and me).
Posted on 10/2/14 at 10:17 am to cjared036
quote:
Virtus oil and gas is up 50% in the past couple months.
go buy some!
let me guess, penny stock?
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