Seadrill Partners LLC. (fka SDLPQ)

[jugs]

A yield of around 11.5% is nice but given the company's vulnerabilities in other areas has me thinking it's not a wise choice for me at this time. NGL is offering about 17%, ALDW is also a high yield payer. Each is a domestic GOING concern without threats common to SDLP's history over the last couple of years.

Added to the above is the likelihood that those with large positions most likely have been holding on through the turmoil getting in the way due to connection to the General Partner's reach. I know there's been a declaration of sovereignty but the potential for disaster hardly ends with it. This implies that significant holders have already suffered losses and now much backpedal if only to regain lost turf.

All of these things should be real restraints for an investor considering jumping on board now.