SDRL - thoughts?

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Poll: SDRL long term position or cyclic play? This poll is closed.
Long term candidate	33.33%	2	33.33%
Too risky, find another candidate!	66.67%	4	66.67%
Total		6 vote(s)	100%

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SDRL - thoughts?

EricL

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#3

04-11-2014, 09:18 AM

I voted too risky. The company doesn't have a very long track record, has high debt ($15B debt vs. $15B market cap), and is paying out higher dividends than it has income. Any downturn in oil price and I think you see a big dividend cut. Generally when a company is sporting a 10%+ yield, there is a reason.

I think ESV is a much safer play if you want to be in the sector.

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Messages In This Thread

SDRL - thoughts? - by hendi_alex - 04-11-2014, 08:59 AM

RE: SDRL - thoughts? - by Dividend Watcher - 04-11-2014, 09:17 AM

RE: SDRL - thoughts? - by EricL - 04-11-2014, 09:18 AM

RE: SDRL - thoughts? - by earthtodan - 04-12-2014, 12:23 AM

RE: SDRL - thoughts? - by rnsmth - 04-12-2014, 06:51 AM

RE: SDRL - thoughts? - by earthtodan - 04-12-2014, 01:33 PM

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