Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  SeaDrill    SDRL   BMG7945E1057

SEADRILL (SDRL)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

SeaDrill Postpones IPO Plans For Its Brazilian Unit Again

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/16/2012 | 02:17pm CEST

Norwegian oil-and-gas equipment company SeaDrill Ltd. (SDRL, SDRL.OS) said Monday that it decided to delay again its plans to hold an initial public offering of its Brazilian unit in order to evaluate opportunities to increase its activities.

In January, the company delayed its plan to hold an IPO to gain time to make certain changes to its corporate structure.

Seabras Servicos de Petroleo S.A., the Brazilian unit of SeaDrill, was planning to raise up to 1.25 billion Brazilian reais ($680 million) through the IPO.

Originally, the company was planning to start trading of its shares Feb. 13 and then postponed the plan for April. Following the most recent delay, the company did not unveil an exact timetable for its IPO.

"The Board is currently evaluating several opportunities to increase Seabras activities prior to the listing," SeaDrill said in a statement.

"A separate organization to support such wider operations in Brazil is being established. This further highlights the benefit of somewhat postponing the planned listing of Seabras," it said.

-By Rogerio Jelmayer, Dow Jones Newswires; 55-11-3544-7071; [email protected]

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SEADRILL
06/20 SEADRILL : SDRL) Receives Daily Media Impact Score of 0.17
06/16 SEADRILL : Earnings Highlights and Review: Seadrill's Q1 Results Beat Estimates
06/14 WEDNESDAY SECTOR LAGGARDS : Oil & Gas Exploration & Production, Oil & Gas Equipm..
06/04 SEADRILL : & Rosneft Dely Decision on Previously Announced Framework Agreement
05/31 SEADRILL : SDRL - Rosneft Framework Agreement Extension
05/31 SEADRILL LTD : Today's Research Reports from the Energy Sector: Seadrill and Pio..
05/26 SEADRILL : SDRL Appoints New CEO
05/25 THURSDAY SECTOR LAGGARDS : Oil & Gas Exploration & Production, Transportation Se..
05/24DJSEADRILL : Says Debt Restructuring Talks Are Progressing
05/24 SEADRILL LTD : Today's Research Reports on Stocks to Watch: Seadrill and Atwood ..
More news
Sector news : Oil & Gas Drilling - NEC
2016DJDiamond Offshore, Helmerich Revenue Declines Not as Bad as Feared
2016DJASIAN SHARES : Stocks in Japan Recover, for the Moment -- Update
2016DJAsia Markets Rally After Overnight Jump in Oil Prices
2016DJStatoil Ends Rig Deal After Fatal Accident
2016DJCHINA OILFIELD SERVICES : Statoil Petroleum Terminates Drilling Contract
More sector news : Oil & Gas Drilling - NEC
News from SeekingAlpha
06/23 ENERGY RECAP : Diving Into Energy Week
06/23 What Should Retirees Do During A Bear Market?
06/23 Transocean - A Relief Rally Is In The Cards For Oil, Here Is Why Offshore Dri..
06/22 SEADRILL PARTNERS : Update On Restructuring Chances
06/22 SEADRILL : Plunging Oil Prices Reduce Shareholders' Chances
Advertisement
Financials ($)
Sales 2017 2 090 M
EBIT 2017 157 M
Net income 2017 -120 M
Debt 2017 8 352 M
Yield 2017 -
P/E ratio 2017 -
P/E ratio 2018
EV / Sales 2017 4,10x
EV / Sales 2018 4,53x
Capitalization 218 M
More Financials
Chart SEADRILL
Duration : Period :
SeaDrill Technical Analysis Chart | SDRL | BMG7945E1057 | 4-Traders
Full-screen chart
Technical analysis trends SEADRILL
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 8
Average target price 2,25 $
Spread / Average Target 514%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Per Winther Wullf President, Chief Executive Officer & Director
John Fredriksen Chairman
Mark Morris Chief Financial Officer
Alexandra Kate Blankenship Independent Director
Georgina E. Sousa Secretary & Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SEADRILL-89.25%218
SINOPEC OILFIELD SERVI..-18.29%6 231
CHINA OILFIELD SERVICE..-15.20%6 152
HELMERICH & PAYNE, INC..-31.86%5 726
PATTERSON-UTI ENERGY, ..-27.01%4 165
TRANSOCEAN LTD-45.12%3 164
More Results