Is Seadrill Limited's Sale to PEMEX Enough to Ease Investor Concerns?

Based on the recent slump in Seadrill's (NYSE: SDRL  ) stock price, investors might be worried about losing the company's better than 10% dividend yield. If you look across the entire rig company space, though, Seadrill is not the only one having this issue. Its three major competitors -- Ensco (NYSE: ESV  ) , Transocean (NYSE: RIG  ) , and Diamond Offshore (NYSE: DO  ) -- have all suffered major drops in share price as well. 

Even thoguh there may be some worries that the rig market is oversupplied and Seadrill's balance sheet doesn't look the prettiest among its competitors, investors who are jumping ship may be interpreting the rig market. Tune into the video below to find out why Seadrill is in a better position than competitors like Diamond of Transocrean during an oversupplied market and why its recent contract with PEMEX is an indication of Seadrills strength.

Did Seadrill make our list of must-have dividend stocks?
One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks as a group handily outperform their non-dividend paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks in particular are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. Find out if Seadrill made our list instantly and for free, all you have to do is click here now.

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Tyler Crowe

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Related Tickers

9/4/2015 3:01 PM
SDLP $11.36 Down -0.01 -0.04%
Seadrill Partners… CAPS Rating: *****
SDRL $7.05 Down -0.21 -2.89%
Seadrill CAPS Rating: ****
DO $22.07 Down -0.83 -3.62%
Diamond Offshore D… CAPS Rating: ***
ESV $15.67 Down -0.62 -3.81%
Ensco CAPS Rating: ****
RIG $13.53 Up +0.15 +1.12%
Transocean CAPS Rating: ***