Seadrill Ltd (SDRL)

[MisterEC]

But, bawahaha, the billionaire will save us! Now had I bought back when this was $7.50, I would be very upset.
Seadrill: Be Cautious Despite Higher Oil Prices

Here is a short summary of the company's information:

Cash on hand: $1.25 billion
Total debt: 10.3 billion
Total debt due in 12 month: 3.1 billion
Current interest expense: ~280 million/quarter
Projected upcoming net operating income: ($150 million) to $50 million per quarter
Contracts' average length: 16 months

The current common is going away. Who could of guessed it?


SDRL:
1.98 -0.08 (-3.88%)
Volume: 8,527,981