Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Seadrill Partners (SDLP) Share Price
Media headlines about Seadrill Partners (NASDAQ:SDLP) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Seadrill Partners earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the oil and gas company an impact score of 45.8914677644872 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Seadrill Partners LLC Common Un (NYSE:SDLP) Closed Higher Than Its 50 Day Average – First News 24 (firstnewspaper24.com)
- Seadrill Partners LLC (SDLP) has a value of $3.40 per share While Highwoods Properties, Inc. (HIW) is stand at $51.78 – Stocks Gallery (stocksgallery.com)
- Seadrill Partners LLC :SDLP-US: Earnings Analysis: Q2, 2017 By the Numbers : September 13, 2017 (finance.yahoo.com)
- Seadrill Partners LLC (SDLP)- Stocks Ensnare on Price Valuation – NASDAQ Times (nasdaqtimes.com)
- Seadrill Partners LLC : SDLP – Seadrill Limited Restructuring Update (4-traders.com)
SDLP has been the subject of a number of analyst reports. Zacks Investment Research upgraded Seadrill Partners from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research report on Tuesday, August 15th. ValuEngine upgraded Seadrill Partners from a “hold” rating to a “buy” rating in a report on Thursday, July 27th. Finally, BidaskClub downgraded Seadrill Partners from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th.
Shares of Seadrill Partners (SDLP) opened at 3.45 on Tuesday. The firm has a 50-day moving average price of $3.12 and a 200-day moving average price of $3.20. Seadrill Partners has a one year low of $2.61 and a one year high of $5.33. The company has a market capitalization of $316.78 million and a P/E ratio of 1.26.
Seadrill Partners (NASDAQ:SDLP) last released its quarterly earnings data on Thursday, August 24th. The oil and gas company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.09). Seadrill Partners had a return on equity of 3.76% and a net margin of 6.20%. The business had revenue of $267.90 million during the quarter, compared to analysts’ expectations of $231.00 million. Equities analysts forecast that Seadrill Partners will post $1.99 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 5th. Shareholders of record on Tuesday, August 29th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 11.59%. The ex-dividend date was Friday, August 25th.
About Seadrill Partners
Seadrill Partners LLC is an offshore deepwater drilling company. The Company owns, operates and acquires offshore drilling units. The Company’s subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC (collectively, OPCO). The Company’s segment is OPCO’s fleet.
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