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divdood

divdood
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  • Seadrill: Come To Daddy [View article]
    Norriek56,
    Thanks for your comment. Given your deep involvement(ok ok, pun intended) in the oil industry I'd appreciate your thoughts on PACD. In some ways, although obviously on a much smaller scale ( much fewer rigs), they seem to be "imitating" SDRL by owning only the younger/ safer rigs. This tells me they are focused on the "smart demand" in the industry, yes?
    Len
    Jun 25 10:49 AM | Likes Like |Link to Comment
  • Seadrill signs $1.1B rig deal with Total [View news story]
    Does any SDRL competitor have a $1.1B contract on a "state-of-the-art" drillrig extending out 5 years!? Talk about future cash flow.
    Jun 2 10:48 AM | 4 Likes Like |Link to Comment
  • Seadrill: A Better-Positioned Offshore Driller [View article]
    Has anyone else noticed that Pacific Drilling (PACD) seems to be copying the SDRL modus operandi by owning (5) and building (3) only the very desirable modern deep drilling rigs? I also noticed PACD has assembled a management team with years of experience in the drill rig business If you like SDRL, you might like what you see after learning more about PACD. Some solid due diligence might be time well $pent. Your thoughts folks?
    Apr 24 07:14 PM | Likes Like |Link to Comment
  • Seadrill dividend danger overrated, Morgan Stanley says [View news story]
    S'Hawk,
    We were on the same page yesterday...I bought more SDRL at 34.87. Nothing like solid news re: the Pemex deal to trump yet another blah-blah-blah article.
    "ya gotta know when to hold 'em..." sang Kenny Rogers
    Feb 19 12:44 PM | 1 Like Like |Link to Comment
  • Seadrill: Beware The Unsustainable Dividend [View article]
    As a retired litigator/trial lawyer I'm a fact gatherer to put it mildly. Can't quite recall where I read it but this fact sure stuck in my mind... JF's family/trusts, etc., who/which hold SDRL, received $365 million(read: $365,000,000) in dividends during a recent fiscal year. I'm delighted ( and richer) to be a "member-of-his-family" if only via investment. I've always respected a man who takes care of his family. The upcoming dividend will be at least 99 cents/share! Stay tuned...
    Feb 10 10:55 AM | 13 Likes Like |Link to Comment
  • Seadrill declares $0.95/share dividend [View news story]
    I can't be the only one who sees todays $2 plus price drop as a great buying opportunity...at 95 cents/share divd ,that puts the yield at approx. 8.85%. With the long-term rig-leasing contracts and more rigs under construction, where is the "collapse"? Many companies ( and probably governments) wish their futures looked like SDRL's
    Nov 25 11:35 AM | 3 Likes Like |Link to Comment
  • Seadrill declares $0.95/share dividend [View news story]
    Now that your collective heartbeats have returned to a more normal rate, there better not be any kvetching about this one terrific company and it's ever increasing dividend. Any doubts about $1.00/share next qtr. ?
    Nov 25 09:00 AM | Likes Like |Link to Comment
  • Linn Energy (LINE) -9.9% premarket after saying the SEC has opened an informal inquiry into its financial disclosures and its pending merger with Berry Petroleum, its use of non-GAAP financial measures relayed to investors and its hedging strategy. The SEC action comes amid scrutiny from financial media and research firms into the driller's financial health. LNCO -12.3%, BRY -6.8%[View news story]
    This retired litigator wants answers too. As long as the SEC is opening an "informal inquiry" about the LNCO-BRY deal, when will we hear that the SEC is also conducting an inquiry into what's behind the Barons articles. Hmmmm?
    Jul 2 09:25 AM | 10 Likes Like |Link to Comment
  • More on Berry Petroleum (BRY) (previous): The shareholder vote over the LINE, LNCO merger has not been cancelled (as appears on the NYSE site), but has instead been postponed until the SEC approves the proxy. [View news story]
    The "shortistas" are still scrambling...and "chuck" is still paying me 12%(yes, 12 %!) to borrow my 3k shs of LNCO. Hmm, so with the divid at 7.93%, that totals ... you do the math. Stay tuned.
    Jun 28 10:36 AM | Likes Like |Link to Comment
  • Weakness in Linn Energy (LINE) and LinnCo (LNCO) is caused by talk that LNCO could realize a large tax liability in 2016, Wells Fargo says, though the firm thinks the speculation isn't accurate. Wells blames the widened spread between LINE and LNCO on rising short interest in LINE, which is easier to short. It keeps Outperform ratings on both, seeing the Q3 closing of the Berry Petroleum (BRY) merger as a catalyst. [View news story]
    "Chuck" is paying me 8%( yes, 8%!) to borrow my non-IRA LNCO shares AND 6% to borrow NES shares from my IRA. Any more questions?
    Jun 15 09:35 AM | Likes Like |Link to Comment
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