Seadrill (SDRL) Divests Three Jack-up Rigs and JV Interest [Yahoo! Finance]
Archrock, Inc. (AROC)
Last archrock, inc. earnings: 2/19 07:16 pm
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Source: Yahoo! Finance
International (“GDI”). Simultaneously, Seadrill has also inked an agreement with Gulf Drilling to part with three of its jackup rigs, namely the West Castor, the West Telesto and the West Tucana. Seadrill had previously announced the sale of the Qatar jackup fleet and its 50% interest in the JV that operated them to Gulf Drilling International. SDRL has now concluded this deal, selling its jackup rigs operating offshore Qatar for cash proceeds of $338 million. This sale aligns with the company's broader objective to focus on its core operations, optimize its portfolio and simplify its business. Last month, Seadrill announced a new contract, along with a contract extension for two of its drillships, namely the West Capella and the West Neptune. Zacks Rank and Key Picks Currently, SDRL carries a Zacks Rank #3 (Hold). Some better-ranked stocks in the energy sector are Archrock Inc. AROC, SM Energy SM and Hess Midstream Partners LP HESM. Archrock and SM Energy presently sport a
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AROC
News
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- Vallourec (VLOWY) Extends Tubular Supply Contract With ADNOC [Yahoo! Finance]Yahoo! Finance
AROC
Earnings
- 4/30/24 - Beat
AROC
Analyst Actions
- 5/2/24 - Stifel
AROC
Sec Filings
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- 6/4/24 - Form 4
- AROC's page on the SEC website