Started By
Message

re: Seadrill (SDRL) has a yield of 0%.

Posted on 11/13/14 at 1:52 pm to
Posted by I Love Bama
Alabama
Member since Nov 2007
37764 posts
Posted on 11/13/14 at 1:52 pm to
When you think Oil has bottomed out. I don't think that happens till we hit $70/ barrel and a lot of people think we could go sub $50. If that happens I don't see this company making it.

Just understand you're gambling and politics will play a major role if this company survives or not. Just my two cents which isn't worth anymore than yours.
This post was edited on 11/13/14 at 1:54 pm
Posted by LSUneaux
NOLA
Member since Mar 2014
4502 posts
Posted on 11/13/14 at 2:11 pm to
Which includes Russian politics in the oil discussion.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
80856 posts
Posted on 11/13/14 at 2:17 pm to
Yea this is a mildly risky stock to jump into, however it is set up the best of all the offshore rig contractors. They have 94% of their rig assets on contract through the end of 2015. If you think oil will still be below $70 come 2016, then yea, this company will be in trouble. I'm not seeing it staying that low for that long.

If you think oil will be going below $70, you shouldn't be buying any oil energy related stocks frankly.
Posted by Bear Is Dead
Monroe
Member since Nov 2007
4696 posts
Posted on 11/13/14 at 2:17 pm to
quote:

When you think Oil has bottomed out. I don't think that happens till we hit $70/ barrel and a lot of people think we could go sub $50. If that happens I don't see this company making it.


If we go below $50/barrel, there will be alot more to worry about than SDRL.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram