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home / news releases / SDLP - Seadrill: Q1 Earnings And Fleet Status Report Analysis

SDLP - Seadrill: Q1 Earnings And Fleet Status Report Analysis

Seadrill Partners LLC Representing Limited Liability Company Interests

Seadrill (SDRL) has just published its new fleet status report and Q1 2019 earnings results. Just like many other offshore drilling stocks, Seadrill was under pressure in recent weeks. The negative momentum continues to build, and I think that Q1 report alone has no chances to break this trend. We'll start with the fleet status report:

  1. Jack-up AOD I got a three-year contract with Saudi Aramco (ARMCO). This contract has been reported back in March. The rig will work from July 2019 to June 2022 at an undisclosed dayrate.
  2. Semi-sub

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Stock Information
Company Name: Seadrill Partners LLC Representing Limited Liability Company Interests
Stock Symbol: SDLP
Market: NYSE
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