The Traderszone Network

Published in TZ Latest News 29 May, 2014 by The TZ Newswire Staff

Seadrill: How High?

ByCasey Hoerth:

Seadrill (SDRL) just reported first quarter earnings and the market seems pleased with the results. Seadrill closed up Thursday by more than 2%. Such upside action is a continuation of a greater upward trend since about April when the stock was about 19% lower than where it is now. This article will weigh Seadrill’s first quarter results and will attempt to gauge how much continued upside Seadrill has.

First quarter results

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