Seadrill Partners (SDLP) Earning Somewhat Negative News Coverage, Study Finds

Press coverage about Seadrill Partners (NYSE:SDLP) has been trending somewhat negative this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Seadrill Partners earned a news sentiment score of -0.03 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 46.926563638189 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, ValuEngine upgraded shares of Seadrill Partners from a “sell” rating to a “hold” rating in a research report on Thursday, August 23rd.

SDLP stock traded down $0.01 during trading on Monday, hitting $3.24. The company had a trading volume of 131,766 shares, compared to its average volume of 161,557. The company has a debt-to-equity ratio of 1.03, a current ratio of 2.13 and a quick ratio of 2.13. Seadrill Partners has a 12 month low of $2.60 and a 12 month high of $4.20. The stock has a market capitalization of $244.65 million, a PE ratio of 1.65 and a beta of 2.13.

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 17th. Investors of record on Thursday, August 16th were given a $0.10 dividend. This represents a $0.40 annualized dividend and a yield of 12.35%. The ex-dividend date was Wednesday, August 15th.

About Seadrill Partners

Seadrill Partners LLC owns, operates, and acquires offshore drilling units in the United States, Angola, Thailand, Canada, Equatorial Guinea, Nigeria, Indonesia, Ghana, and internationally. The company primarily serves various oil and gas companies. As of March 31, 2018, its fleet consisted of four semi-submersible drilling rigs, four drillships, and three tender rigs.

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