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Vartu

Vartu
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  • Seadrill And North Atlantic Drilling Discuss The Conditions In The Offshore Drilling Industry [View article]
    From what I'm hearing, the over-supply is close to 2%. Seems like a few twists and turns in international events could make that disappear.
    Dec 17, 2014. 09:26 PM | Likes Like |Link to Comment
  • Seadrill And North Atlantic Drilling Discuss The Conditions In The Offshore Drilling Industry [View article]
    I got the same amount of dividends per SDRL share as JF did. I'll bet he is also unhappy about the dividend suspension.
    Dec 10, 2014. 08:27 AM | Likes Like |Link to Comment
  • Is This A Good Time To Buy Seadrill? [View article]
    HK, I'm in the same boat you're in. Most of my shares were in the mid to high 30s, and I averaged down little by little as prices were dropping into the low 20s. All told, down 64%. I'm not selling and locking in that loss. Let's see what management does to navigate this new cheaper oil environment. Okay, one thing they did was to conserve cash by suspending the dividend. Using that $2b wisely could mean a faster recovery for shareholders. These guys aren't neophytes at this business, I think we have to give them credit for being willing to make the tough, unpopular decisions if they think the end-game warrants.
    Dec 6, 2014. 11:03 PM | 4 Likes Like |Link to Comment
  • Seadrill: Where Do Analysts Stand On Seadrill After Its Dividend Suspension? [View article]
    Please keep in mind that the dividend only appeared "enormous" after the stock price fell off a cliff. When the stock was in the high 30s and low 40s, it was just high.
    Dec 5, 2014. 09:22 AM | 1 Like Like |Link to Comment
  • Update: Taser International Receives A Present [View article]
    Do Sony, Google, etc. have the infrastructure to support the cameras like TASR does?
    Dec 4, 2014. 03:28 PM | Likes Like |Link to Comment
  • Seadrill Ltd.: I Don't Care About Analyst Downgrades, I Will Buy More Seadrill Shares Today [View article]
    I'll bet a lot of frackers wish you were right.
    Dec 4, 2014. 10:48 AM | Likes Like |Link to Comment
  • Update: Taser International Receives A Present [View article]
    An article in today's St.Petersburg newspaper, "Gulfport to review body camera policy," about the use of body-cams by a suburb. Gulfport has used them for 5 years as an alternative to dash-cams. They claim dash-cams are 5x as expensive to use. The police chief says he's not aware of any negative impacts on officers or the people being recorded. He is asking for opinions of local people about their use.
    Dec 4, 2014. 09:02 AM | 1 Like Like |Link to Comment
  • Seadrill's Dividend Cut; The Analysts Weigh In [View article]
    If suspending the dividend is what helps SDRL ride out this sudden collapse in the oil market, I'm all for it. A serious disappointment, sure, but I'd rather be invested in a healthier SDRL in the next few quarters than one struggling for survival.
    Dec 1, 2014. 03:08 PM | 2 Likes Like |Link to Comment
  • Linn Energy: What To Do After Friday's Massacre [View article]
    It's good that you mention "distribution." LINE pays a distribution (LNCO pays dividends) that is a pain in the neck at tax time with its K-1. Keeping track of all that has been distributed to you when you sell is also a challenge.
    Dec 1, 2014. 03:02 PM | 2 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    I see a RIG high of about $160, but a lot has happened since then -- a little problem in the Gulf, competitors like SDRL., etc.
    Nov 29, 2014. 09:33 PM | 1 Like Like |Link to Comment
  • Stay Away From Seadrill [View article]
    Don't forget that JF likes to collect those dividends himself. With the surprisingly precipitous drop in oil prices, maybe JF thought the radical decision to alienate stockholders by suspending the dividend was more than balanced by the opportunity to use that money for some else -- like acquisitions. Sure, it can also be used to shore up the balance.

    Expensive oil, like in the Bakken, may stay in the ground longer, and that will bring supply & demand into balance. Isn't oil coming from SDRL rigs cheaper than a lot of oil currently being pumped?
    Nov 28, 2014. 09:01 AM | 7 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    MAYHAWK, read further down and you'll see that others still don't understand the relationship between share price and dividend percent.

    At the high of the last 12 months, it was only 9.2%.
    Nov 27, 2014. 01:35 PM | 3 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    As long as SDRL's rigs can produce oil at a reasonable profit (probably better than the Bakken), isn't the future a little brighter than the gloom & boomers are saying?
    Nov 26, 2014. 03:08 PM | 2 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    Stock buyback helps support the share price. Fewer outstanding shares means profit per share rises.
    Nov 26, 2014. 02:56 PM | 3 Likes Like |Link to Comment
  • Seadrill Ltd. Collapses After Suspending Its Dividend [View article]
    It may take me several years to recover from this, but selling while I'm seriously underwater doesn't seem like a wise move. Maybe I'll just take my losses gradually over the next few years????

    Regarding dividend suspension, I saw Stephen Weiss on CNBC say what would you expect with such a high dividend, but the percent wasn't so high when the stock was in the high 30s & LOW 40s.
    Nov 26, 2014. 01:55 PM | 3 Likes Like |Link to Comment
COMMENTS STATS
196 Comments
207 Likes