Headlines about Seadrill Partners (NASDAQ:SDLP) have been trending somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Seadrill Partners earned a news impact score of 0.17 on Accern’s scale. Accern also gave headlines about the oil and gas company an impact score of 46.4717229584243 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s rankings:
- Seadrill Partners LLC (SDLP) Sees Schaff Trend Cycle Trend Upward Near-Term – Evergreen Caller (evergreencaller.com)
- Buy, Sell or Hold? A Look at What the Technicals Are Saying About Seadrill Partners LLC (SDLP) – Evergreen Caller (evergreencaller.com)
- Seadrill Partners LLC Common Un (NYSE:SDLP) Stock Traded 7.4% Above Its 50 Day Moving Average – Modern Readers (modernreaders.com)
- Seadrill Partners LLC Common Un (NYSE:SDLP) Sees Light Trading Volume with 274K Shares Changing Hands (highlightpress.com)
Seadrill Partners (NASDAQ:SDLP) opened at 3.29 on Thursday. The stock has a market cap of $302.09 million and a P/E ratio of 1.20. Seadrill Partners has a 52 week low of $2.61 and a 52 week high of $5.33. The firm has a 50-day moving average price of $3.11 and a 200-day moving average price of $3.27.
Seadrill Partners (NASDAQ:SDLP) last released its earnings results on Thursday, August 24th. The oil and gas company reported $0.16 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by $0.09. The company had revenue of $267.90 million during the quarter, compared to analyst estimates of $231 million. Seadrill Partners had a net margin of 32.64% and a return on equity of 18.72%. On average, equities research analysts predict that Seadrill Partners will post $1.50 EPS for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, September 5th. Investors of record on Tuesday, August 29th were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 12.16%. The ex-dividend date was Friday, August 25th.
A number of research analysts have commented on SDLP shares. Zacks Investment Research upgraded Seadrill Partners from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a research note on Friday, May 26th. ValuEngine downgraded Seadrill Partners from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub downgraded Seadrill Partners from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $5.50.
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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