Seadrill Limited (SDRL) Earning Somewhat Negative Media Coverage, Study Shows
News headlines about Seadrill Limited (NYSE:SDRL) have been trending somewhat negative recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Seadrill Limited earned a coverage optimism score of -0.12 on Accern’s scale. Accern also gave press coverage about the oil and gas company an impact score of 42.8356208174305 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Seadrill Will Emerge Like Venus From The Sea – Seeking Alpha (seekingalpha.com)
- Seadrill: No Bankruptcy Today? – Seeking Alpha (seekingalpha.com)
- SeaDrill : SDRL – Seadrill Announces Comprehensive Restructuring Plan to Be Implemented with Prearranged Chapter 11 Cases (4-traders.com)
- MARKET SNAPSHOT: U.S. Stocks Set To Lose Grip On All-time Highs As Global Rally Stutters (foxbusiness.com)
- Seadrill Files for Prearranged Chapter 11 Bankruptcy as Part of Comprehensive Restructuring Plan (gcaptain.com)
Seadrill Limited (NYSE:SDRL) traded up 14.0359% during mid-day trading on Wednesday, reaching $0.2608. 29,071,673 shares of the company traded hands. The stock has a 50-day moving average of $0.29 and a 200 day moving average of $0.65. Seadrill Limited has a 52-week low of $0.15 and a 52-week high of $4.59. The stock’s market capitalization is $131.56 million.
Several analysts recently weighed in on the stock. Societe Generale downgraded shares of Seadrill Limited from a “hold” rating to a “sell” rating in a report on Wednesday, May 31st. ValuEngine downgraded shares of Seadrill Limited from a “buy” rating to a “hold” rating in a report on Friday, May 26th. Finally, BidaskClub upgraded shares of Seadrill Limited from a “sell” rating to a “hold” rating in a report on Thursday, July 27th.
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About Seadrill Limited
Seadrill Limited is an offshore drilling contractor providing offshore drilling services to the oil and gas industry. The Company’s primary business is the ownership and operation of drillships, semi-submersible rigs and jack-up rigs for operations in shallow-, mid-, deep-, and ultra deepwater areas, and in benign and harsh environments.
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