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