|Day Low/High||1.84 / 1.93|
|52 Wk Low/High||1.67 / 24.55|
The contract's worth is estimated at $1.4 billion, excluding performance bonuses.
Shares of Seadrill fell behind by 36.53% to $1.06 on Tuesday morning.
This fleet sale is a bet on its deep-water expertise, and could pay off large with higher oil prices.
It's just as dumb to short energy companies as it is to short mining companies.
The company's shares soared after SeaDrill's chairman said he's ready to provide the company with a major loan.
SeaDrill's chairman and top shareholder seems willing to lend a hand to keep the company's leverage in check.
But areas of the real estate investment trust group continue to be attractive.
A recent spike in SDRL is helping other oil rig companies.
What is driving it, and what to do with your mid- and long-term oil positions.
U.S. stocks wrapped up Friday's session to the upside, buoyed by a rally in oil prices and a strong February payrolls report.
The major indices are up midday as oil provides a tailwind to markets.
The business of warehousing tranches of so-called junk-rated loans is not in good shape, and it doesn't bode well for holders of the firms' underlying debt.
For offshore drillers in particular, next year unbelievably could make 2015 look tame.
Metals, energy stocks may offer best protection since they've already taken big hits.
Oil will be the place to be in 2016 and 2017, so it's time to develop an energy portfolio.
These full-scale panics are made for those with some courage and capital left. I have both.
Microsoft (MSFT) was the best performer on the Dow Jones Industrial Average Wednesday on positive critical and consumer reaction to its Windows 10 operating system release.
Addressing MLPs, oil majors vs. minors, solar and other subjects.
Unlike the shale operators, their prospects are not short term.
Update your oil game strategy with shale and offshore players.
Dan Dicker, energy contributor at TheStreet.com, talks to Jim Cramer about the continuing effect of David Einhorn's presentation on shale oil stocks.
It's like a big-league franchise with a fantastic farm team.