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re: Seadrill (SDRL) has a yield of 0%.
Posted on 11/13/14 at 2:17 pm to I Love Bama
Posted on 11/13/14 at 2:17 pm to I Love Bama
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.
If you think oil will be going below $70, you shouldn't be buying any oil energy related stocks frankly.
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