Best Oil Companies To Watch For 2015

Best Oil Companies To Watch For 2015: Seadrill Partners LLC (SDLP)

Seadrill Partners LLC (Seadrill Partners) is a limited liability company. The Company was formed to own, operate and acquire offshore drilling rigs. The Company's drilling rigs are under long-term contracts with oil companies, such as Chevron, Total, BP and ExxonMobil with an average remaining term of 3.1 years as of June 30, 2012. The Company is also a holding company. The Company conducts its operations through its subsidiaries. In May 2013, SeaDrill Ltd sold T-15 tender rig to Seadrill Partners LLC

The Company's wholly owned subsidiary, Seadrill Operating GP LLC, the general partner of Seadrill Operating LP, will manage Seadrill Operating LP's operations and activities. The Company is also an international offshore drilling contractor.

Advisors' Opinion:

• [By Ben Levisohn]

  Shares of Seadrill have gained 3.5% to $23.74 at 11:42 a.m., while Seadrill Partners (SDLP) has dropped 2.6% to $27.32, ExxonMobil has advanced 1.1% to $91.86 and Total has ticked up 0.2% to $57.

• [By Ben Levisohn]

  Shares of Seadrill Partners (SDLP), the partnership created by Seadrill (SDRL), announced that it would sell eight million units to investors as it raises money “for general company purposes.” Barclays and Morgan Stanley will handle the deal, according to the press release.

  Seadrill

  As can be expected, investors haven’t reacted to the offering with anything resembling glee. Shares of Seadrill Partners have fallen 1.6% to $32.04 at in after-hours trading, while has fallen 1.4% to $27.70.

  Seadrill owns a bit more than a third of Seadrill Partners, according to Bloomberg.

• [By Faisal Humayun]

  Seadrill Partners (SDLP), which is 53.2% owned by Seadrill (SDRL) is a good stock to own for the medium to long-term. This article discusses! the investment positives for this high dividend yielder.

source from Top Stocks For 2015:http://www.topstocksblog.com/best-oil-companies-to-watch-for-2015-3.html