Marc Detesan's Investing Blog
On Dec 21 I posted my purchase of shares in SDLP – the drop-down subsidiary of offshore driller Seadrill. The chart below clearly shows I sold at a loss… but did I have the opportunity to take a profit? Sure… it was not a bad profit either, but did I? No. My greed wanted more. With … Read more
If you’re like me and looking for great oil investments while prices of oil are at multi-year lows, then consider buying these 2 offshore drilling companies: Seadrill Partners Limited Transocean Partners Limited Seadrill Partners Limited Seadrill Partners Limited (ticker symbol: SDLP) is a company formed by Seadrill Limited (ticker symbol: SDRL) to own, operate, and … Read more
I first heard about Seadrill (SDRL) a few years back but never pulled the trigger to buy into this stock. As oil prices shot past $100 I thought that I had definitely missed the boat. For investors not familiar with this company it was a dividend dynasty paying out a very attractive dividend yield. A … Read more