Thursday, August 30, 2012

Investopedia: Seadrill Has What Big Oil Badly Needs

For investors who want to go full throttle into offshore energy exploration, Seadrill (NYSE:SDRL) is hard to beat. This company has quite a lot of debt and sizable spending commitments to shipyards (for new rigs), as well as a fairly complicated corporate structure. But Seadrill also has one of the best, newest fleets on the water and commitments from major oil and gas companies that should lock in favorable profits for years to come.

Please click here to continue:
http://www.investopedia.com/stock-analysis/2012/Seadrill-Has-What-Big-Oil-Badly-Needs-SDRL-RIG-DO-BP0830.aspx

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