Stock of The Day: Seadrill Partners LLC Stock Price Increases Today

Stock of The Day: Seadrill Partners LLC Stock Price Increases Today

The stock of Seadrill Partners LLC (NYSE:SDLP) is a huge mover today! About 351,051 shares traded hands. Seadrill Partners LLC (NYSE:SDLP) has risen 17.79% since March 1, 2016 and is uptrending. It has outperformed by 8.55% the S&P500.
The move comes after 8 months positive chart setup for the $291.01M company. It was reported on Oct, 4 by We have $4.93 PT which if reached, will make NYSE:SDLP worth $133.86M more.

Seadrill Partners LLC (NYSE:SDLP) Ratings Coverage

Out of 6 analysts covering Seadrill Partners (NYSE:SDLP), 1 rate it a “Buy”, 1 “Sell”, while 4 “Hold”. This means 17% are positive. Seadrill Partners has been the topic of 6 analyst reports since August 26, 2015 according to StockzIntelligence Inc. Wells Fargo downgraded Seadrill Partners LLC (NYSE:SDLP) on Friday, September 9 to “Underperform” rating. The stock has “Perform” rating given by Oppenheimer on Monday, November 30. The stock of Seadrill Partners LLC (NYSE:SDLP) earned “Equal-Weight” rating by Morgan Stanley on Tuesday, July 26. The stock of Seadrill Partners LLC (NYSE:SDLP) has “Neutral” rating given on Friday, December 18 by Seaport Global.

According to Zacks Investment Research, “Seadrill Partners LLC is engaged in owning, operating and acquiring offshore drilling rigs. The Company’s drilling rigs are under long-term contracts with major oil companies. Seadrill Partners LLC is based in London, United Kingdom.”

More notable recent Seadrill Partners LLC (NYSE:SDLP) news were published by: which released: “Seadrill Partners LLC Sinks After Slashing Its Distribution” on July 26, 2016, also with their article: “What Will Happen To Seadrill Partners’ Units In December” published on September 27, 2016, published: “Here’s Why Seadrill Ltd., Seadrill Partners LLC, and Atwood Oceanics, Inc …” on April 08, 2016. More interesting news about Seadrill Partners LLC (NYSE:SDLP) were released by: and their article: “Moody’s downgrades Seadrill Partners to B2; negative outlook” published on October 21, 2015 as well as‘s news article titled: “Seadrill Partners Slashes Its Distribution, Now What?” with publication date: September 07, 2016.

SDLP Company Profile

Seadrill Partners LLC, incorporated on June 28, 2012, is an offshore deepwater drilling company. The Firm 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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