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Article: Oslo-listed SeaDrill Q3 profit better-than-expected.(Financial report)(Brief article)

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Nordic Business Report
Article date:
November 6, 2009
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NORDIC BUSINESS REPORT-6 November 2009-Oslo-listed SeaDrill Q3 profit better-than-expected(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com

6 November 2009 - The third-quarter report of Oslo-listed rig operator SeaDrill Ltd (OSL: SDRL), published yesterday evening, showed better-than-expected profit and dividend and got very positive responses from several analysts.

SeaDrill saw its net profit surge to USD325m in July-September 2009 from USD69.3m a year earlier. The result was considerably better than the consensus estimate for USD285m in an analyst poll by Factset.

The company said it would distribute a dividend of USD0.50 in cash for the third ...

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