SDLP for High Yield

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dan_s
Posts: 37389
Joined: Fri Apr 23, 2010 8:22 am

SDLP for High Yield

Post by dan_s »

After Seadrill Partners announced the dropdown of the tender rig T-16 from sponsor Seadrill, Oppenheimer states that it anticipated this deal and leaves its estimates unchanged. The firm views Seadrill's combination of yield, growth and risk favorably. It keeps an Outperform rating on the shares.

SDLP doesn't have the high yield of SDRL, but I think it has more chance to appreciate over time.

Current yield is 5.2%
Dan Steffens
Energy Prospectus Group
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