Wednesday, October 3, 2012

Investopedia: Does A Shake Up At Seadrill Really Change Anything?

Ordinarily, a sudden change in management during a highly valued growth/momentum story would be expected to shake up the stock. But then Seadrill (NYSE:SDRL) has never been an ordinary story and it looks like the markets aren't too troubled by news of a new CEO and a possible corporate relocation. While I'd be inclined to agree that Wednesday's news really doesn't change a lot for the company, valuation is still pretty robust on this name.

Please read more here:
http://www.investopedia.com/stock-analysis/2012/Does-A-Shake-Up-At-Seadrill-Really-Change-Anything-SDRL-RIG-HAL-SLB1003.aspx

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