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SDRL Stock Makes Its Biggest Gains in One Year: New Joint Venture

SDRL stock

SDRL stock is having the best day in at least the past year after Seadrill Ltd (NYSE:SDRL) announced a 50-50 joint venture with Gulf Drilling International.

Important for Seadrill

Over the past few weeks, plenty of offshore oil driller stocks have been on the move due to the rising price of crude oil and other global factors. One of the better known American companies in that regard is Seadrill, which has been in the business for a long time, and today, the company made a major announcement.

Seadrill announced that it has entered into ...

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