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Seadrill Partners

DB:8SDA
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8SDA
DB
$2M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Seadrill Partners LLC owns and operates drillships, semi-submersible rigs, and tender rigs in the United States, Angola, Thailand, Canada, Equatorial Guinea, Nigeria, Indonesia, Ghana, and internationally. The last earnings update was 40 days ago. More info.


Add to Portfolio Compare Print
  • Seadrill Partners is a fund or ETF! Currently our data availability for these is poor, we only recommend using them as part of a portfolio.
  • Seadrill Partners has significant price volatility in the past 3 months.
8SDA Share Price and Events
7 Day Returns
6.6%
DB:8SDA
8.1%
Europe Energy Services
-0.6%
DE Market
1 Year Returns
-98.4%
DB:8SDA
-57.2%
Europe Energy Services
-20.9%
DE Market
8SDA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Seadrill Partners (8SDA) 6.6% -67.6% -83.4% -98.4% -99.6% -99.9%
Europe Energy Services 8.1% -27.8% -50.1% -57.2% -65.6% -87.6%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 8SDA underperformed the Energy Services industry which returned -57.2% over the past year.
  • 8SDA underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
8SDA
Industry
5yr Volatility vs Market

Value

 Is Seadrill Partners undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Seadrill Partners. This is due to cash flow or dividend data being unavailable. The share price is €0.122.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Seadrill Partners's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Seadrill Partners's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:8SDA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-10.12
OTCPK:SDLP.F Share Price ** OTCPK (2020-04-06) in USD $0.17
Europe Energy Services Industry PE Ratio Median Figure of 31 Publicly-Listed Energy Services Companies 8.85x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Seadrill Partners.

DB:8SDA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:SDLP.F Share Price ÷ EPS (both in USD)

= 0.17 ÷ -10.12

-0.02x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seadrill Partners is loss making, we can't compare its value to the Europe Energy Services industry average.
  • Seadrill Partners is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Seadrill Partners's expected growth come at a high price?
Raw Data
DB:8SDA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.02x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Energy Services Industry PEG Ratio Median Figure of 20 Publicly-Listed Energy Services Companies 0.51x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Seadrill Partners, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Seadrill Partners's assets?
Raw Data
DB:8SDA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $134.50
OTCPK:SDLP.F Share Price * OTCPK (2020-04-06) in USD $0.17
Europe Energy Services Industry PB Ratio Median Figure of 70 Publicly-Listed Energy Services Companies 0.4x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:8SDA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:SDLP.F Share Price ÷ Book Value per Share (both in USD)

= 0.17 ÷ 134.50

0x

* Primary Listing of Seadrill Partners.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Seadrill Partners is good value based on assets compared to the Europe Energy Services industry average.
X
Value checks
We assess Seadrill Partners's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Energy Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Energy Services industry average (and greater than 0)? (1 check)
  5. Seadrill Partners has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Seadrill Partners expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Seadrill Partners has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Energy Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Seadrill Partners expected to grow at an attractive rate?
  • Unable to compare Seadrill Partners's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Seadrill Partners's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Seadrill Partners's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:8SDA Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Energy Services Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
Europe Energy Services Industry Revenue Growth Rate Market Cap Weighted Average -0.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:8SDA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:8SDA Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:8SDA Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 729 -25 -93
2019-09-30 729 23 -123
2019-06-30 755 315 -109
2019-03-31 814 357 34
2018-12-31 802 434 56
2018-09-30 843 492 142
2018-06-30 911 330 197
2018-03-31 942 420 81
2017-12-31 1,015 476 141
2017-09-30 1,050 508 214
2017-06-30 1,100 727 251
2017-03-31 1,225 818 299

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Seadrill Partners is high growth as no earnings estimate data is available.
  • Unable to determine if Seadrill Partners is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:8SDA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Seadrill Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SDA Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:8SDA Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -10.12
2019-09-30 -13.38
2019-06-30 -11.82
2019-03-31 3.72
2018-12-31 6.11
2018-09-30 15.43
2018-06-30 21.48
2018-03-31 8.84
2017-12-31 15.38
2017-09-30 23.33
2017-06-30 27.35
2017-03-31 32.59

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Seadrill Partners will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Seadrill Partners's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  2. Seadrill Partners's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Seadrill Partners's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Seadrill Partners has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Seadrill Partners performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Seadrill Partners's growth in the last year to its industry (Energy Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Seadrill Partners does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Seadrill Partners's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Seadrill Partners's 1-year growth to the Europe Energy Services industry average as it is not currently profitable.
Earnings and Revenue History
Seadrill Partners's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Seadrill Partners Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:8SDA Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 729.30 -92.90 34.40
2019-09-30 728.50 -122.90 37.90
2019-06-30 755.30 -108.50 37.20
2019-03-31 814.00 34.20 42.50
2018-12-31 802.10 56.10 45.80
2018-09-30 843.10 141.70 44.90
2018-06-30 910.50 197.20 40.90
2018-03-31 941.70 81.20 45.20
2017-12-31 1,014.80 141.20 44.80
2017-09-30 1,050.10 214.20 46.40
2017-06-30 1,100.00 251.10 47.60
2017-03-31 1,225.40 299.20 37.80
2016-12-31 1,368.70 278.50 41.20
2016-09-30 1,460.00 242.60 43.60
2016-06-30 1,581.00 181.00 47.60
2016-03-31 1,628.30 222.50 51.90
2015-12-31 1,617.00 224.60 51.60
2015-09-30 1,601.80 194.20 53.80
2015-06-30 1,501.40 226.70 54.30
2015-03-31 1,432.70 156.60 51.20
2014-12-31 1,302.70 138.20 51.00
2014-09-30 1,212.70 135.50 44.60
2014-06-30 1,145.30 60.70 48.90
2014-03-31 1,063.90 75.20 52.70
2013-12-31 1,052.90 86.60 49.60
2013-09-30 1,229.60 -68.40 57.40
2013-06-30 1,115.90 -6.90 46.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Seadrill Partners has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Seadrill Partners used its assets less efficiently than the Europe Energy Services industry average last year based on Return on Assets.
  • It is difficult to establish if Seadrill Partners improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Seadrill Partners's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Energy Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Seadrill Partners has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Seadrill Partners's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Seadrill Partners's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Seadrill Partners is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Seadrill Partners's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Seadrill Partners's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Seadrill Partners Company Filings, last reported 3 months ago.

DB:8SDA Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 2,523.70 2,878.20 560.00
2019-09-30 2,566.80 2,924.30 653.60
2019-06-30 2,621.10 2,952.60 712.10
2019-03-31 2,661.30 2,980.90 772.90
2018-12-31 2,714.20 3,059.10 841.60
2018-09-30 2,836.90 3,087.40 881.70
2018-06-30 2,870.50 3,261.70 805.90
2018-03-31 2,672.50 3,310.20 859.60
2017-12-31 2,701.80 3,396.80 848.60
2017-09-30 2,681.70 3,400.20 845.30
2017-06-30 2,644.30 3,535.40 919.10
2017-03-31 2,627.70 3,624.90 866.60
2016-12-31 2,535.80 3,655.80 770.00
2016-09-30 2,343.20 3,776.30 744.60
2016-06-30 2,204.40 3,821.20 450.10
2016-03-31 2,126.30 3,947.10 401.20
2015-12-31 2,097.40 3,924.40 321.20
2015-09-30 2,010.20 3,878.00 189.40
2015-06-30 2,090.70 3,965.50 199.90
2015-03-31 1,997.20 3,706.50 243.40
2014-12-31 2,044.30 3,628.10 248.70
2014-09-30 1,836.50 3,258.10 451.40
2014-06-30 2,066.60 3,279.20 523.30
2014-03-31 1,769.30 3,170.10 130.10
2013-12-31 1,254.60 2,360.50 132.10
2013-09-30 1,014.60 1,292.80 71.80
2013-06-30 1,027.80 1,331.80 50.00
  • Seadrill Partners's level of debt (114%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (177.6% vs 114% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Seadrill Partners is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Seadrill Partners's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Seadrill Partners has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Seadrill Partners's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Seadrill Partners dividends.
If you bought €2,000 of Seadrill Partners shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Seadrill Partners's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Seadrill Partners's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:8SDA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Energy Services Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:8SDA Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
DB:8SDA Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2020-02-27 0.000 0.000
2019-11-21 0.040 8.430
2019-07-25 0.040 4.232
2019-05-23 0.400 10.827
2019-03-28 0.400 5.656
2019-02-26 0.400 4.300
2018-11-20 4.000 26.496
2018-08-21 4.000 11.715
2018-05-24 4.000 11.538
2018-04-13 4.000 11.964
2018-02-22 4.000 13.387
2017-11-21 4.000 11.192
2017-08-17 4.000 11.054
2017-06-27 4.000 12.948
2017-05-24 4.000 12.164
2017-04-27 4.000 12.796
2017-02-28 4.000 12.490
2016-12-21 4.000 8.947
2016-11-22 4.000 10.388
2016-07-26 4.000 11.367
2016-06-30 10.000 17.343
2016-05-26 10.000 18.476
2015-12-18 10.000 30.337
2015-11-24 22.700 43.368
2015-10-05 22.700 21.186
2015-08-27 22.700 22.506
2015-07-02 22.700 19.655
2015-05-28 22.700 16.887
2015-02-26 22.700 16.543
2015-02-04 22.100 14.084
2014-11-26 22.100 14.383
2014-09-16 21.700 8.196
2014-08-27 21.700 6.532
2014-06-10 20.300 6.162
2014-05-28 20.300 6.126
2014-04-30 20.300 6.615
2014-02-25 17.800 5.883
2013-11-29 17.100 5.463
2013-11-25 17.100 5.435
2013-08-28 16.700 5.191
2013-05-28 15.500 5.328
2013-01-25 15.500 5.517

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Seadrill Partners has not reported any payouts.
  • Unable to verify if Seadrill Partners's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Seadrill Partners's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Seadrill Partners has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Seadrill Partners's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Seadrill Partners afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Seadrill Partners has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Seadrill Partners's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
John Roche
AGE 39
TENURE AS CEO 0.8 years
CEO Bio

Mr. John T. Roche has been the Chief Executive Officer of Seadrill Partners LLC since July 1, 2019 and served as its Chief Financial Officer since June 2015 until July 2019. He has been Director at Seadrill Partners LLC since July 1, 2019. Mr. Roche serves as Vice President of Investor Relations at SeaDrill Limited and served as its Investor Relations Director. Prior to joining Seadrill in May 2013, he spent 12 years at Morgan Stanley and held various positions including an Executive Director in its Investment Banking Division. He served as Vice President of Investor Relations at Seadrill Partners LLC. Mr. Roche graduated from Boston College and is a CFA Charterholder.

CEO Compensation
  • Insufficient data for John to compare compensation growth.
  • Insufficient data for John to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team

John Roche

TITLE
CEO & Director
AGE
39
TENURE
0.8 yrs

Grant Creed

TITLE
Chief Financial Officer
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the Seadrill Partners board of directors in years:

0.8
Average Tenure
51
Average Age
  • The average tenure for the Seadrill Partners board of directors is less than 3 years, this suggests a new board.
Board of Directors

Keith MacDonald

TITLE
Independent Director
AGE
61
TENURE
5.5 yrs

John Roche

TITLE
CEO & Director
AGE
39
TENURE
0.8 yrs

Andy Cumming

TITLE
Independent Director
AGE
64
TENURE
4.8 yrs

John Darlington

TITLE
Independent Director
TENURE
1.3 yrs

Leif Nelson

TITLE
Director
AGE
44
TENURE
0.8 yrs

Tony Horton

TITLE
Director
AGE
58
TENURE
0.3 yrs

Gunnar Eliassen

TITLE
Director
AGE
33
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Seadrill Partners's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Seadrill Partners has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Seadrill Partners LLC owns and operates drillships, semi-submersible rigs, and tender rigs in the United States, Angola, Thailand, Canada, Equatorial Guinea, Nigeria, Indonesia, Ghana, and internationally. The company primarily serves various oil and gas companies. It operates a fleet of 11 drilling units, including 4 drillships, 4 semi-submersible rigs, and 3 tender rigs. The company was founded in 2012 and is headquartered in London, the United Kingdom.

Details
Name: Seadrill Partners LLC
8SDA
Exchange: DB
Founded: 2012
$1,485,031
9,182,165
Website: http://www.seadrillpartners.com
Address: Seadrill Partners LLC
Building 11,
2nd Floor,
London,
Greater London, W4 5YS,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK SDLP.F Common Units Pink Sheets LLC US USD 19. Oct 2012
DB 8SDA Common Units Deutsche Boerse AG DE EUR 19. Oct 2012
Number of employees
Current staff
Staff numbers
1,138
Seadrill Partners employees.
Industry
Oil and Gas Drilling
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:35
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2018/02/22
Last earnings filing: 2020/02/27
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.