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MisterEC

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MisterEC

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Re: bigdog121 post# 1317

Friday, 05/27/2016 1:39:40 PM

Friday, May 27, 2016 1:39:40 PM

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Offshore drilling company Seadrill Ltd. (NYSE:SDRL) does all it can to manage the sector downturn
Take advantage, like the big boys


Summary


•Seadrill reported Q1-16 results yesterday.

•The offshore drilling company missed on revenues and earnings.

•Seadrill continues to rely on cost cuts to manage the downturn.

•Wild price swings need to be expected moving forward.





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