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This article starts the traditional “Expectations” series for the offshore drilling companies that I write at the end of each year. This time, we start with Seadrill Partners (SDLPF). If you are interested in past editions, check the more optimistic “Expectations for 2018” and the more grim “Expectations for 2019”. In this article, I’ll discuss the company’s current position and my expectations for 2019. Articles on my expectations for other offshore drilling companies will follow soon.
Company’s current position
Seadrill Partners finished the third quarter with $654