Media stories about Seadrill Partners (NASDAQ:SDLP) have trended somewhat positive this week, according to Accern. The research group rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Seadrill Partners earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news articles about the oil and gas company an impact score of 45.9706332276855 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media stories that may have impacted Accern’s rankings:
- Seadrill Partners LLC (SDLP) Shares Moving On Volume - Evergreen Caller (evergreencaller.com)
- How Surprisingly Stock Hit Valuation Standards: Seadrill Partners LLC (NYSE:SDLP) - NASDAQ Times (nasdaqtimes.com)
- Is The Needle Ready to Move For Seadrill Partners LLC (SDLP) Shares? - Sparta Review (spartareview.com)
- Seadrill Partners LLC Common Un (NYSE:SDLP) Sees Significantly Lower Trading Volume - Modern Readers (modernreaders.com)
- Watching the Indicators for Seadrill Partners LLC (NYSE:SDLP) - Sparta Review (spartareview.com)
Shares of Seadrill Partners (NASDAQ SDLP) opened at 2.80 on Tuesday. The firm has a market capitalization of $257.10 million and a price-to-earnings ratio of 0.86. Seadrill Partners has a 12 month low of $2.65 and a 12 month high of $5.32. The firm has a 50-day moving average price of $3.26 and a 200 day moving average price of $3.52.
Seadrill Partners (NASDAQ:SDLP) last announced its quarterly earnings results on Wednesday, May 24th. The oil and gas company reported $0.75 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.32 by $0.43. The business had revenue of $327.50 million for the quarter, compared to analyst estimates of $367 million. Seadrill Partners had a return on equity of 18.72% and a net margin of 32.64%. On average, analysts anticipate that Seadrill Partners will post $1.50 EPS for the current fiscal year.
Several equities research analysts have weighed in on the company. BidaskClub lowered Seadrill Partners from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Zacks Investment Research lowered Seadrill Partners from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Finally, ValuEngine lowered Seadrill Partners from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and two have assigned a buy rating to the company. Seadrill Partners presently has an average rating of “Hold” and a consensus price target of $6.00.
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About Seadrill Partners
Seadrill Partners LLC is an offshore deepwater drilling company. The Company owns, operates and acquires offshore drilling units. The Company’s subsidiaries include Seadrill Operating LP, Seadrill Capricorn Holdings LLC and Seadrill Partners Operating LLC (collectively, OPCO). The Company’s segment is OPCO’s fleet.
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