Seadrill Partners LLC (SDLP) : During the past 4 weeks, traders have been relatively bearish on Seadrill Partners LLC (SDLP), hence the stock is down -27.96% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -31.82% relative to the S&P 500. The 4-week change in the price of the stock is -25.54% and the stock has fallen -31.86% in the past 1 week.
The stock has recorded a 20-day Moving Average of 26.27% and the 50-Day Moving Average is 23.59%. Seadrill Partners LLC has dropped 26.58% during the last 3-month period . Year-to-Date the stock performance stands at 30.45%.
Seadrill Partners LLC (NYSE:SDLP): stock turned positive on Friday. Though the stock opened at $4.02, the bulls momentum made the stock top out at $4.2 level for the day. The stock recorded a low of $3.911 and closed the trading day at $4.17, in the green by 4.51%. The total traded volume for the day was 1,248,171. The stock had closed at $3.99 in the previous days trading.
Seadrill Partners LLC owns, operates and acquires offshore drilling rigs. The Companys drilling units are under long-term contracts with oil companies, such as Chevron, BP, ExxonMobil and Tullow. The Company provides services to these customers with its fleet. The Companys fleet consists of the semi-submersible West Aquarius, West Capricorn, West Leo, West Sirius; the semi-tender West Vencedor; the tender rig T-15 and T-16; the drillship West Auriga, West Vela, and West Capella. The Company provides drilling services on a dayrate contract basis.