Crude Oil Price by oil-price.net

Oil and Gas Energy News Update

Showing posts with label SDRL. Show all posts
Showing posts with label SDRL. Show all posts

Thursday, August 25, 2011

Seadrill Ltd Reported Q2 Results

- Seadrill Ltd Reported Q2 Results



Aug 25, 2011

Seadrill Limited (NASDAQ:SDRL) reported Q2 EPS of $1.34, vs. consensus estimates of $0.69 per share. Revenues for the quarter rose 6.6% year-over-year to $995 million, missing consensus estimates of $1.01 billion.

Seadrill has a potential upside of 23.8% based on a current price of $31.04 and an average consensus analyst price target of $38.42.

Seadrill is currently below its 50-day moving average (MA) of $33.03 and below its 200-day MA of $34.15.

Oil & Gas Post

Promote Your Page Too
- LINK
- Seadrill 2Q Earnings Climb on Demand