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Investing Topics: Deepwater Drilling

Why SeaDrill Still Rates a Sell

By Elliott H. Gue on Apr. 19, 2014

We dropped SeaDrill (NYSE: SDRL) from our Focus List in September 2013, when the stock had surged to $45.00 per share--more than $12.00 above the current quote.

But many investors who haven't joined Energy & Income Advisor still own the stock; here's why we currently rate SeaDrill a Sell.