Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Seadrill Beats on Q1 Revenue and EPS, Raises Dividend

Results for Seadrill's (NYSE: SDRL  ) first quarter show operating revenue totaled $1.27 billion, up from $1.05 billion in the same period the previous year. Attributable net profit over that time frame dipped slightly, coming in at $409 million ($0.85 per diluted share) from Q1 2012's $416 million ($0.87).

In a press release, Seadrill said it had recorded its best operating quarterly results ever. The most recent quarter's numbers were well above analyst expectations, which were for $1.14 billion in revenue and EPS of $0.58.

On the back of the strong quarterly results, the firm raised its quarterly dividend by $0.03 per share, which works out to a 3.5% increase. It will pay $0.88 per share on or about June 20 to stockholders of record as of June 7.


Read/Post Comments (0) | Recommend This Article (5)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2455846, ~/Articles/ArticleHandler.aspx, 9/26/2016 8:43:03 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 2 days ago Sponsored by:
DOW 18,261.45 -131.01 -0.71%
S&P 500 2,164.69 -12.49 -0.57%
NASD 5,305.75 -33.78 -0.63%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/23/2016 4:02 PM
SDRL $2.03 Down -0.07 -3.33%
Seadrill CAPS Rating: ***