SDRL - thoughts?
| Poll: SDRL long term position or cyclic play? This poll is closed. |
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| Long term candidate | 2 | 33.33% | |
| Too risky, find another candidate! | 4 | 66.67% | |
| Total | 6 vote(s) | 100% | |
| * You voted for this item. | [Show Results] |
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SDRL - thoughts?
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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 |
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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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