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MisterEC

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MisterEC

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Re: None

Monday, 08/29/2016 11:59:07 AM

Monday, August 29, 2016 11:59:07 AM

Post# of 2606
Now:-?A buy under $3.50

Summary

Seadrill Partners LLC released its 2Q'16 results on August 25, 2016. Total operating revenues were $418.5 million in 2Q'16 down 5.7% quarter over quarter.

SDLP and SDRL will have to wrap a few common facilities in the refinancing and recapitalization plans SDRL is negotiating, right now.

I recommend SDLP as a cautious buy on any weakness under $3.50.
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