Monday, September 1, 2014

Seadrill: Riding The Long-Term Wave


Summary

  • Jack-up market fears overblown.
  • Consistent dividend increases provide for stable income.
  • Seadrill investors should sit back and enjoy the large dividend while waiting on capital gains.
For a market driven by assets that last over 30 years, the offshore drilling segment of the stock market is sometimes extremely focused on the short-term. Instead of focusing on the day-to-day operations and day rate cycle, investors should focus on the age of the fleet and the ability of management to adapt.


Read the full article at Seeking Alpha.


Disclosure: Long AAPL. Please review the disclaimer page for more details. 



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