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0.00208333333333334 0.00249999999999996 0 0 0.00458333333333329 -0.00500000000000003 -0.0125 -0.0258333333333334
Stock impact report

UPDATE 1-Market positive as Fred. Olsen Energy's loss beats expectations [Reuters]

Seadrill Limited Common Shares (SDRL) 
Last seadrill limited common shares earnings: 8/25 04:01 pm Check Earnings Report
US:NYSE Investor Relations: seadrill.com/investor-relations.aspx
Company Research Source: Reuters
UPDATE 1-Market positive as Fred. Olsen Energy's loss beats expectations | Reuters Reuters Staff 3 Min Read (Adds detail, analyst) OSLO, Feb 9 (Reuters) - Oil rig company Fred. Olsen Energy on Friday reported a smaller than expected operating loss in the fourth quarter, and said it hoped to win new contracts as oil sector activity picked up after years of cutbacks. The company said its fourth-quarter loss before interest and taxes was $45 million, below the $49 million loss expected in a Reuters poll but deeper than the $30 million loss posted at the same time a year ago. Oil services companies like Fred. Olsen have borne the brunt of the downturn in the energy sector where oil companies had to cut spending to cope with a fall in oil prices. An oversupply of oil rigs added to their pain by lowering day rates for rig hire. Seadrill, one of the world’s largest offshore drilling rig operators, filed for bankruptcy in September as oil companies slashed investment in exploration. Oil price Show less Read more
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