Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Seadrill Ltd    SDRL   BMG7945E1057

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
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; rogerio.jelmayer@dowjones.com

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on SEADRILL LTD
03/20 SEADRILL LTD : Today's Research Reports on Stocks to Watch: Seadrill and Transoc..
03/14 SEADRILL LIMITED : Announces Settlement of West Mira Arbitration
03/13 SEADRILL : Announces Settlement of West Mira Arbitration
03/13 SEADRILL : SDRL - Seadrill Limited Announces Settlement of West Mira Arbitration
03/07 SEADRILL : Notification
03/01 SEADRILL : Archer Private Placement
02/28 SEADRILL : beats 4Q profit forecasts
02/28 SEADRILL : SDRL - Seadrill Limited Announces Fourth Quarter 2016 Results
02/24 GLANCY PRONGAY & MURRAY LLP : Commences Investigation on Behalf of Seadrill Limi..
02/22 SEADRILL : Watch Vale (VALE) and Seadrill (SDRL)
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
03/26 FOCUS ON EUROPE : Who Earned A $250M Performance Bonus Last Week?
03/22 TRANSOCEAN SHRINKS IN SIZE : Company And Industry Implications
03/21 (Update) Transocean Agrees To Sell Its Jack-Up Fleet To Borr Drilling For $1...
03/20 SEADRILL : Is Pacific Drilling's Restructuring Proposal A Good Example?
03/20 A Small, But Nice Victory For Seadrill
Financials ($)
Sales 2017 2 134 M
EBIT 2017 172 M
Net income 2017 -95,9 M
Debt 2017 8 574 M
Yield 2017 -
P/E ratio 2017 35,44
P/E ratio 2018
EV / Sales 2017 4,36x
EV / Sales 2018 4,54x
Capitalization 725 M
More Financials
Duration : Period :
Seadrill Ltd Technical Analysis Chart | SDRL | BMG7945E1057 | 4-Traders
Full-screen chart
Technical analysis trends SEADRILL LTD
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus UNDERPERFORM
Number of Analysts 12
Average target price 2,45 $
Spread / Average Target 75%
Consensus details
EPS Revisions
More Estimates Revisions
John Fredriksen Chairman & President
Mark Morris Chief Financial Officer
Alexandra Kate Blankenship Independent Director
Georgina E. Sousa Secretary & Director
Paul Matison Leand Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SEADRILL LTD-58.94%725
HELMERICH & PAYNE, INC..-15.98%7 060
TRANSOCEAN LTD-16.83%4 793
PATTERSON-UTI ENERGY, ..-10.88%3 990
More Results