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Seadrill (SDRL) had a very difficult year. The company exited restructuring in 2018 with too much debt, and the pace of the offshore drilling market recovery has been much slower than Seadrill needed. As a result, the company’s stock experienced heavy downside and even temporarily dived into the penny stock territory. Problems at Seadrill Partners (SDLPF), which is facing restructuring and in which Seadrill has a material stake, did not help either. Not surprisingly, the stock was very volatile in 2019 and provided various trading opportunities, not only on