Seeking Alpha

Notable earnings before Monday’s open: SDRL, TIF

Notable earnings before Monday’s open: SDRL, TIF
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Comments (8)
  • KenNagle
    , contributor
    Comments (289) | Send Message
     
    The overall Seadrill report on earnings, dividends, cash flow and guidance should be favorable. I hope the people I suggested to buy Seadrill when it was at $32 acted then. Not likely to see that price again. This is a great stock that even Jim Cramer does not understand. If you don't own Seadrill suggest you sell tight front month puts until it is put to you.
    26 Aug 2012, 05:46 PM Reply Like
  • chopchop0
    , contributor
    Comments (3427) | Send Message
     
    Drillers are fine as long as oil stays high. It really needs to be $100+ for them to be the most profitable. When it starts creeping below 80, you have to get worried.
    26 Aug 2012, 10:00 PM Reply Like
  • goo6igum
    , contributor
    Comments (2) | Send Message
     
    agreed. i bought in at 33 and have recently bought 30 contracts with 33 strike. do not think it will go back to 33.
    27 Aug 2012, 05:23 AM Reply Like
  • Christopher Cowan
    , contributor
    Comments (150) | Send Message
     
    Even with all of the renewable and alternative energy companies that now exist, oil drilling will be around for many more years. The main drawback is the debt load, but as long as it can maintain the 8%+ yield it should be a good one to hold onto. Looking for entry with a fall after earnings, if not then I believe I missed the boat on this one.
    26 Aug 2012, 06:26 PM Reply Like
  • 12302
    , contributor
    Comments (4) | Send Message
     
    Folks need to take a look at North Atlantic Drilling too. Symbol NATDF.
    26 Aug 2012, 09:30 PM Reply Like
  • elliot_mllr
    , contributor
    Comments (1267) | Send Message
     
    NATDF is 75% or so owned by SDRL and has the same management. NATDF provides rigs for hazardous environments.
    27 Aug 2012, 09:01 AM Reply Like
  • mitrado
    , contributor
    Comments (1975) | Send Message
     
    I've got in SDRL, but got out already... These markets are crazy. If it drops below $35 again, I'll buy again.
    26 Aug 2012, 10:01 PM Reply Like
  • VeroMike
    , contributor
    Comments (244) | Send Message
     
    High for year $42.30, hope earnings push over $42, then I add to my position.
    Expect $48-49 before year end when Israeli's bomb Iran's nuclear facilities, probably next month.
    29 Aug 2012, 08:54 AM Reply Like
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