dividend suspended?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
dividend suspended?
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.
We use cookies on this site to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies.
More InfoYour subscription is paid through your PayPal account.
To update your credit card or cancel, please log in to PayPal.com, go to your automatic payments, open the Stock Gumshoe payment, and make changes there.
More information here: Paypal — What Is an Automatic Payment and How Do I Update or Cancel One?
Yes !!! The stock tank more than 20% … In that space i prefer Ensco, Nobble and DO, but perhaps is still early to buy because the direction of the oil price
Regards 🙂
It has been ugly, indeed — I’m still gathering my thoughts on that one.
I would be interested to hear what you think about this one as well.
I do believe that this is not the end of SDRL and that the oil price will not permanently stay so low. Could be a while until the oil price improves significantly, but doesn’t have to be. My hopes are for 6 months, but i am prepared for a 1-2 year waiting period. As much as I did not like that SDRL cut its dividend it probably was in the best interest of the company and therefore the stockholders. I won’t be surprised if SDRL would reinstate somekind of 10% dividend as soon as the situation improves! Definitely a rough ride for now!
Lots of class action and securities fraud notices this week. Travis, do you plan on posting your thoughts?
Yep, I did that here: http://www.stockgumshoe.com/2014/12/a-couple-buys-and-what-to-do-with-seadrill/