The Traderszone Network

Published in TZ Latest News 27 August, 2014 by The TZ Newswire Staff

Seadrill’s Profits Are Strong but Investors Fret Over Outlook

Seadrill may be the best positioned company in offshore drilling, pumping out dividends and profits quarter after quarter, but the announcement that it isn’t buying any new rigs in the near future has investors worried the drilling boom is coming to an end.

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