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Statistics & Probability Letters
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1993, Volume 18, Issue 4
- 323-326 On the generalized Euler distribution
by Benkherouf, Lakdere & Alzaid, Abdulhamid A.
- 327-336 Density estimation by kernel and wavelets methods: Optimality of Besov spaces
by Kerkyacharian, Gérard & Picard, Dominique
1993, Volume 18, Issue 3
- 169-177 Appropriate penalties in the final prediction error criterion: a decision theoretic approach
by Zhang, Ping & Krieger, Abba M.
- 179-182 The asymptotic mean squared error of L-smoothing splines
by Abramovich, Felix P.
- 183-190 Testing for a unit root in autoregressive processes with systematic but incomplete sampling
by Shin, Dongwan & Pantula, Sastry G.
- 191-194 A lower bound for expectation of a convex functional
by Guo, Mei-Hui & Wei, Ching-Zong
- 195-203 A note on testing for a unit root in an ARIMA(p,1,0) signal observed with MA(q) noise
by Shin, Dongwan & Sarkar, Sahadeb
- 205-208 Sufficient conditions for treatment responders to have longer survival than non-responders
by Liu, P. Y. & Voelkel, Joseph O. & Crowley, John & Wolf, Michael
- 209-211 Efficiency and concentration inequalities on k
by Jensen, D. R.
- 213-218 Estimating error correlation in nonparametric regression
by Altman, Naomi Simone
- 219-225 On the distribution of supremum of diffusion local time
by Salminen, Paavo
- 227-232 On the uniform convergence of normalized Poisson mixtures to their mixing distribution
by Adell, JoséA. & de la Cal, Jesús
- 233-239 Regular variation and generalized domains of attraction in k
by Meerschaert, Mark M.
- 241-244 A note on robust estimation of location
by Chaudhuri, Probal & SenGupta, Debapriya
- 245-251 Maximum likelihood estimation in branching process with continuous state space
by Kale, Mohan M. & Deshmukh, S. R.
1993, Volume 18, Issue 2
- 85-89 Pitman closeness for Stein-rule estimators of regression coefficients
by Srivastava, A. K. & Srivastava, V. K.
- 91-103 Intervention analysis with nonlinear dependent noise variation
by Sarkar, A. & Kartikeyan, B.
- 105-112 On a counting variable in the theory of discrete-parameter Markov chains
by Csenki, Attila
- 113-120 Estimating coefficients of two-phase linear regression model with autocorrelated errors
by Lee, Tze-San
- 121-123 Convergence of random power series with pairwise independent Banach-space-valued coefficients
by Roters, Markus
- 125-128 A resampling design for computing high-breakdown regression
by Rousseeuw, Peter J.
- 129-135 On a stochastic differentiation formula for Hilbert-Schmidt valued stochastic integrals
by Pérez, Josefa Linares
- 137-146 A note on conditions for the asymptotic normality of the conditional maximum likelihood estimator in log odds ratio regression
by Forbes, Andrew B. & Santner, Thomas J.
- 147-151 When will the sample paths be step function for two-parameter stochastic processes
by Zhou, Xiao-Wen & Zhou, Jian-Wei
- 153-161 Sooner and later waiting time problems for Markovian Bernoulli trials
by Balasubramanian, K. & Viveros, R. & Balakrishnan, N.
- 163-168 Bayesian interim analysis of censored exponential observations
by Geisser, Seymour
1993, Volume 18, Issue 1
- 1-7 Derivations of the compound Poisson distribution and process
by Wang, Y. H. & Ji, Shuixin
- 9-12 A note on the asymptotic distribution of the F-statistic for random variables with infinite variance
by Runde, Ralf
- 13-17 Asymptotic theory of least squares estimator of a particular nonlinear regression model
by Kundu, Debasis
- 19-25 A note on the asymptotic variance of survival function in the semi-Markov model
by Malani, Hina M. & Redfearn, William J. & Nielsen, Jens Perch
- 27-32 An extension of the information inequality and related characterizations
by Papathanasiou, V.
- 33-40 Some confidence intervals arising from weak lp spaces
by Heinkel, Bernard
- 41-48 Constructions of nested group divisible designs
by Duan, Xiaoping & Kageyama, Sanpei
- 49-55 A random field approach to weak convergence of processes
by Gorostiza, Luis G. & Rebolledo, Rolando
- 57-64 The size of the averages of strongly mixing random variables
by Rieders, Eric
- 65-72 On the moments of certain stochastic integrals
by Goldstein, Larry & McCabe, Brendan
- 73-84 Second order asymptotic efficiency in a partial linear model
by Hua, Liang & Ping, Cheng
1993, Volume 17, Issue 5
- 337-341 A note on moments of variables summing to normal order statistics
by Song, Ruiguang & Deddens, James A.
- 343-350 Multivariate normal distribution and multivariate order statistics induced by ordering linear combinations
by Balakrishnan, N.
- 351-354 On estimating the total rate of the unobserved processes
by Nayak, Tapan K.
- 355-360 Examples of inconsistent Bayes procedures based on observations on dynamical systems
by Berliner, L. Mark & MacEachern, Steven N.
- 361-368 Multivariate distributions with generalized Pareto conditionals
by Arnold, Barry C. & Castillo, Enrique & Sarabia, Jose María
- 369-375 Note on the Schrödinger equation and I-projections
by Rüschendorf, L. & Thomsen, W.
- 377-385 A simple proof for the Kalman-Bucy smoothed estimate formula
by Rutkowski, Marek
- 387-394 A note on nonlinear stochastic equations in Hilbert spaces
by Gatarek, Dariusz
- 395-398 On mutual independence
by Wise, Gary L. & Hall, Eric B.
- 399-404 A simple condition for asymptotic optimality of linear predictions of random fields
by Stein, Michael L.
- 405-409 Minimal number of support points for mini-max optimal designs
by Wong, Weng Kee
- 411-414 Asymptotically design-unbiased predictors for two-stage sampling
by Rodrigues, Josemar
- 415-419 Kendall's [tau] is equal to the correlation coefficient for the BVE distribution
by deB. Edwardes, Michael D.
1993, Volume 17, Issue 4
- 253-257 On distributions of random closed sets and expected convex hulls
by Molchanov, Ilya S.
- 259-263 A note on the multivariate Box--Cox transformation to normality
by Velilla, Santiago
- 265-271 Exact fit points under simple regression with replication
by Coakley, Clint W. & Mili, Lamine
- 273-279 The characteristic functions of spherical matrix distributions
by Li, Run-Ze
- 281-285 On the large deviation principle for a quadratic functional of the autoregressive process
by Bryc, Wlodzimierz & Smolenski, Wlodzimierz
- 287-291 An EDG/3 scheme having 5 associate classes
by Gupta, Sudhir & Sinha, Kishore
- 293-298 Hellinger distance and Akaike's information criterion for the histogram
by Kanazawa, Yuichiro
- 299-302 Comments on some papers involving the integrated Cauchy functional equation
by Fosam, E. B. & Rao, C. R. & Shanbhag, D. N.
- 303-305 A note on sufficiency and conditional inference
by Severini, Thomas A.
- 307-313 On Chiang's explicit solutions for the Kolmogorov differential equations
by Shen, Larry Zaiqian
- 315-319 On characterizations of exponential and gamma distributions
by Alamatsaz, M. H.
- 321-328 Alternative estimators for the variance of several normal populations
by Madi, Mohamed T.
- 329-335 Bivariate distributions with diatomic conditionals and stop-loss transforms of random sums
by Hürlimann, Werner
1993, Volume 17, Issue 3
- 169-172 A note on uniform laws of averages for dependent processes
by Nobel, Andrew & Dembo, Amir
- 173-178 Cramer-Rao bounds for posterior variances
by Ghosh, Malay
- 179-187 Some remarks on compound nonhomogeneous Poisson processes
by Chen, C. S. & Savits, T. H.
- 189-198 On the preservation of some pure-tail orderings by reliability operations
by Rojo, Javier
- 199-204 Testing the equality of nonparametric regression curves
by Delgado, Miguel A.
- 205-209 Ratio prophet inequalities for convex functions of partial sums
by Klass, Michael J.
- 211-220 A transient solution method for semi-Markov systems
by Limnios, N.
- 221-224 A note on the simple random walk in the plane
by Fotopoulos, S. B. & Downham, D. Y.
- 225-230 Characterizations of identically distributed independent random variables using order statistics
by Bapat, R. B. & Kochar, Subhash C.
- 231-236 A slowly mixing Markov chain with implications for Gibbs sampling
by Matthews, Peter
- 237-244 Limiting distribution of roots with differential rates of convergence
by Remadi, Sellem & Amemiya, Yasuo
- 245-251 Pitman's measure of closeness for symmetric stable distributions
by Bose, Sudip & Datta, Gauri Sankar & Ghosh, Malay
1993, Volume 17, Issue 2
- 85-89 On the characterization of a class of binary operations on distribution functions
by Alsina, Claudi & Nelsen, Roger B. & Schweizer, Berthold
- 91-95 A central limit theorem with random indices for stationary linear processes
by Fakhre-Zakeri, Issa & Farshidi, Jamshid
- 97-104 Comparison of the mean per unit and ratio estimators under a simple applications-motivated model
by Page, Connie & Kreling, David & Matsumura, Ella Mae
- 105-111 On the central limit theorem in D[0, 1]
by Bloznelis, M. & Paulauskas, V.
- 113-121 Estimators of slopes in linear errors-invariables regression models when the predictors have known reliability matrix
by Gleser, Leon Jay
- 123-125 A combinatorial theorem for a class of residual treatment effects designs
by Mashouri, Gh. & Vartak, M. N. & Aggarwal, M. L.
- 127-137 Analysis of structural equation models with interval and polytomous data
by Poon, Wai-Yin & Leung, Yin-Ping
- 139-148 Weak and strong quantile representations for randomly truncated data with applications
by Gürler, Ülkü & Stute, Winfried & Wang, Jane-Ling
- 149-156 Limitations of the rank transform procedure: A study of repeated measures designs, Part II
by Akritas, Michael G.
- 157-161 Limit theorems for symmetric statistics of exchangeable random variables
by Mandrekar, V. & Patterson, R. F.
- 163-168 Sensitivity of finite Markov chains under perturbation
by Seneta, E.
1993, Volume 17, Issue 1
- 1-12 Quadratic variation of the local time of a random walk
by Földes, Antónia & Révész, Pál
- 13-17 Limit laws for Brownian motion conditioned to reach a high level
by Klass, Michael & Pitman, Jim
- 19-25 Renewal and nonhomogeneous Poisson processes generated by distributions with periodic failure rate
by Chukova, Stefanka & Dimitrov, Boyan & Garrido, José
- 27-34 A Hanson-Russo-type law of the iterated logarithm for fractional Brownian motion
by El-Nouty, Charles
- 35-38 Estimation of reliability in a shock model for a two component system
by Kunchur, S. H. & Munoli, Surekha B.
- 39-41 UMPU test for state dependence of a parameter in a linear birth process
by Muddapur, M. V.
- 43-48 Bootstrapping the mean of a symmetric population
by Cao, Ricardo & Prada-Sánchez, JoséManuel
- 49-52 A new look at the relationship between Edgeworth expansion and saddlepoint approximation
by Monti, Anna Clara
- 53-60 An EM algorithm for a mixture model of count data
by Fong, Daniel Y. T. & Yip, Paul
- 61-66 A note on inference for the mean parameter of the gamma distribution
by Wong, Augustine C. M.
- 67-71 Invariant tests for uniformity on the vertices of a regular polygon
by Watson, Geoffrey S.
- 73-83 Multiple integrals with respect to L-mixing processes
by Gerencsér, László
1993, Volume 16, Issue 5
- 337-342 Imprecise conjugate prior densities for the one-parameter exponential family of distributions
by Coolen, F. P. A.
- 343-345 On the conservatism of the Tukey-Kramer multiple comparison procedure
by Somerville, Paul N.
- 347-354 How long does it take to see a flat Brownian path on the average?
by Lewis, Thomas M. & Li, Wenbo V.
- 355-359 On relations between prediction error covariance of univariate and multivariate processes
by Pourahmadi, Mohsen
- 361-368 Optimal stopping in urn models with payoff depending on maximal observed element
by Samuel-Cahn, Ester
- 369-377 On tail probabilities of Kolmogorov-Smirnov statistic based on strong mixing processes
by Krishnaiah, Y. S. Rama
- 379-390 Asymptotic law in sequential estimation of a change point
by de Cambry, O.
- 391-395 Worthy martingales and integrators
by Merzbach, Ely & Zakai, Moshe
- 397-405 Data-dependent bandwidth choice for a grade density kernel estimate
by Cwik, Jan & Mielniczuk, Jan
- 407-410 A note on monotonicity in optimal multiple stopping problems
by Preater, J.
- 411-420 Regression transformation diagnostics in transform-both-sides model
by Shih, Jian-Qing
1993, Volume 16, Issue 4
- 253-258 A model selection procedure for time series with seasonality
by Franses, Philip Hans
- 259-268 Handling spuriosity in the Kalman filter
by Lin, Dennis K. J. & Guttman, Irwin
- 269-278 Some results on the representation of measures of location and spread as L-functionals
by Giovagnoli, Alessandra & Regoli, Giuliana
- 279-287 Complete convergence for [alpha]-mixing sequences
by Shao, Qi-Man
- 289-296 Residual sum of squares and multiple potential, diagnostics by a second order local approach
by Wu, Xizhi & Luo, Zhen
- 297-300 Predicting the value of an integer-valued random variable
by Jeske, Daniel R.
- 301-304 An L1-convergence theorem for heterogeneous mixingale arrays with trending moments
by Davidson, James
- 305-311 Strong uniform convergence of density estimators on compact Euclidean manifolds
by Hendriks, H. & Janssen, J. H. M. & Ruymgaart, F. H.
- 313-319 A property of projection residuals with applications to concave regression
by Kuhlmann, Dietrich W. & Wright, F. T.
- 321-329 On the local behaviour of the Yang regression estimate
by Santos Domínguez-Menchero, J.
- 331-336 Optimal scaling of two-level factorial experiments
by Toman, Blaza
1993, Volume 16, Issue 3
- 169-175 Robust linear regression in replicated measurement error models
by Carroll, R. J. & Eltinge, J. L. & Ruppert, D.
- 177-180 Some inference results in an absolutely continuous multivariate exponential model of Block
by Hanagal, David D.
- 181-188 Tests of uniformity for sets of lotto numbers
by Joe, Harry
- 189-196 Almost sure uniform convergence rates for M-smoothers with non-monotone score functions
by Bhattacharya, P. K. & Zhao, Peng-liang
- 197-203 A note on simultaneous estimation of eigenvalues of a multivariate normal covariance matrix
by Jin, Chun
- 205-211 A note on maximum likelihood estimation in the first-order Gaussian moving average model
by Anderson, T. W. & Metz, R. P.
- 213-218 Exact iterative computation of the robust multivariate minimum volume ellipsoid estimator
by Cook, R. D. & Hawkins, D. M. & Weisberg, S.
- 219-224 Extremes of totally skewed stable motion
by Albin, J. M. P.
- 225-233 Generalized bootstrat for studentized U-statistics: A rank statistic approach
by Husková, Marie & Jansen, Paul
- 235-237 On the correlation between X and S2
by Knautz, Henning & Trenkler, Götz
- 239-247 Some specific contiguous alternatives to the normal error assumption in linear models
by Chen, Gemai
- 249-251 A log-concavity property of probability of occurrence of exactly r arbitrary events
by Balasubramanian, K. & Balakrishnan, N.
1993, Volume 16, Issue 2
- 85-95 Some tests for unit roots in seasonal time series with deterministic trends
by Ahn, Sung K. & Cho, Sinsup
- 97-101 Chung--Smirnov property for perturbed empirical distribution functions
by Degenhardt, H. J. A.
- 103-109 Noninformative nonparametric Bayesian estimation of quantiles
by Meeden, Glen
- 111-115 The mixture properties of the 2SHI estimators in linear regression models
by Van Hoa, Tran
- 117-119 A note on the breakdown point of the least median of squares and least trimmed squares estimators
by Vandev, D.
- 121-128 Stochastic analysis of a controlled bulk queueing system with continuously operating server: continuous time parameter queueing process
by Abolnikov, Lev M. & Dshalalow, Jewgeni H. & Dukhovny, Alexander M.
- 129-135 Estimating population size from a removal experiment
by Yip, Paul & Fong, Daniel Y. T.
- 137-145 Quantile-based estimation for the Box-Cox transformation in random samples
by Velilla, Santiago
- 147-152 A characterization for the solution of the Monge--Kantorovich mass transference problem
by Cuesta-Albertos, J. A. & Tuero-Díaz, A.
- 153-158 Least squares and least absolute deviation procedures in approximately linear models
by Mathew, Thomas & Nordström, Kenneth
- 159-162 On convergence rates of averages of weakly dependent random variables
by Lin, Gwo Dong
- 163-168 A note on moment bounds for strong mixing sequences
by Kim, Tae Yoon
1993, Volume 16, Issue 1
- 1-9 Dispersion orderings with applications to nonparametric tests
by Burger, H. U.
- 11-18 General matrix formulae for computing Bartlett corrections
by Cordeiro, Gauss M.
- 19-25 The effect of grouping on the power of the Mantel--Haenszel test for the comparison of survival rates
by Berger, Agnes & Wallenstein, Sylvan
- 27-28 A proof of the continuity theorem for characteristic functions
by Sadooghi-Alvandi, S. M.
- 29-38 Towards a theory of confidence intervals for system reliability
by Baxter, Laurence A.
- 39-41 Equivalence of Hartley--David--Gumbel and Papathanasiou bounds and some further remarks
by Balakrishnan, N. & Balasubramanian, K.
- 43-46 On the extendibility of partially exchangeable random vectors
by Scarsini, Marco & Verdicchio, Lorenzo
- 47-49 On a ranking problem for symmetric and unimodal location parameter families
by Roters, M.
- 51-54 A probabilistic generalization of Taylor's theorem
by Massey, William A. & Whitt, Ward
- 55-58 Power comparisons of some step-up multiple test procedures
by Dunnett, Charles W. & Tamhane, Ajit C.
- 59-64 The exact distribution of a least squares regression coefficient estimator after a preliminary t-test
by Giles, David E. A. & Srivastava, Virendra K.
- 65-70 On the almost certain limiting behavior of normed sums of identically distributed positive random variables
by Rosalsky, Andrew
- 71-76 Third moment of matrix quadratic form
by Tracy, Derrick S. & Sultan, Shagufta A.
- 77-83 Bayesian estimation of hidden Markov chains: a stochastic implementation
by Robert, Christian P. & Celeux, Gilles & Diebolt, Jean
1992, Volume 15, Issue 5
- 337-338 A counterexample to a martingale characterization of a Wiener process
by Wise, Gary L.
- 339-343 Existence, uniqueness and Fréchet differentiability of [psi]-estimates of parameters in stationary observation
by Cheng, Bing
- 345-348 Sharp truncation error bound in the sampling reconstruction of homogeneous random fields
by Pogány, Tibor
- 349-356 Markovian chi-square and gamma processes
by Adke, S. R. & Balakrishna, N.
- 357-360 On the non-existence of ancillary statistics
by Peña, Edsel A. & Rohatgi, Vijay K. & Székely, Gábor J.
- 361-368 Some survey techniques for sampling rare subjects
by Weerahandi, Samaradasa & White, Robert G.
- 369-372 Factorial designs and the theory of trade-off
by Stufken, John & Wang, Kui-Jang
- 373-374 On the arg max of a Gaussian process
by Arcones, Miguel A.
- 375-379 Existence and uniqueness of the maximum likelihood estimator for the two-parameter negative binomial distribution
by Aragón, Jorge & Eberly, David & Eberly, Shelly
- 381-383 Intrinsic relations in the structure of linear congruential generators modulo 2[beta]
by Percus, Ora E. & Percus, J. K.
- 385-388 On topological support of Dirichlet prior
by Majumdar, Suman
- 389-393 Confidence intervals for the correlation coefficient
by Jeyaratnam, S.
- 395-400 Bayesian robust experimental designs for the one-way analysis of variance
by Toman, Blaza
- 401-402 Invariant distribution of Chow statistics
by Chelliah, Thivvianesan
- 403-405 On the asymptotic behaviour of functionals of some semimartingales
by Ouknine, Y.
- 407-415 Modeling seasonality in bimonthly time series
by Franses, Philip Hans
- 417-420 Convergence rates of monotone conditional quantile estimators
by Mukerjee, Hari
1992, Volume 15, Issue 4
- 253-257 Nonparametric estimation of a process mean from censored data
by Crowell, John I.
- 259-265 On the construction of multivariate distributions with given nonoverlapping multivariate marginals
by Marco, J. M. & Ruiz-Rivas, C.
- 267-276 Conditions for approximation of the bias and mean squared error of a sample mean under nonresponse
by Eltinge, John L.
- 277-279 Linear discriminant function for complex normal time series
by Chaudhuri, G.
- 281-284 A model selection test for an AR (1) versus an MA (1) model
by Franses, Philip Hans
- 285-291 On the bias of order statistics in non-i.i.d. samples
by Wood, Andrew T. A.
- 293-297 Estimation for a linear growth model
by Quine, M. P. & Robinson, J.
- 299-304 Ergodic behavior and estimation for periodically correlated processes
by Leskow, Jacek & Weron, Aleksander
- 305-311 A note on Bahadur-Kiefer-type expansions for the inverse empirical Laplace transform
by Beirlant, Jan & Vanmarcke, Ann
- 313-319 A spectral form of the dispersion model in designs with arbitrarily unequal block sizes
by Zhang, Zhiyi
- 321-327 Limited expected value comparison tests
by Carriere, Jacques
- 329-335 Asymptotic comparison factors for smoothing parameter choices in regression problems
by Kay, Jim
1992, Volume 15, Issue 3
- 169-172 Essential correlatedness and almost independence
by Móri, T. F.
- 173-175 Estimation of extinction probability in Markov branching process
by Kale, Mohan M. & Deshmukh, S. R.
- 177-180 An inconsistent Bayes estimator in bivariate survival curve analysis
by Pruitt, Ronald C.
- 181-189 Some approximations for the moments of a process used in diffusion of new products
by Dalal, S. R. & Weerahandi, S.
- 191-196 On asymptotic minimaxity of rank tests
by Ermakov, M. S.
- 197-202 Recovery tests in BIBDs with very small degrees of freedom for interblock errors
by Zhang, Zhiyi
- 203-208 Moments of variables summing to normal order statistics
by Song, Ruiguang & Buchberger, Steven G. & Deddens, James A.
- 209-213 A note on the almost sure convergence of sums of negatively dependent random variables
by Matula, Przemyslaw
- 215-222 Approximations to a conservative inverse chi-square procedure for combining p-values in integrative research
by Saner, Hilary
- 223-227 Relations for single and product moments of record values from Gumbel distribution
by Balakrishnan, N. & Ahsanullah, M. & Chan, P. S.
- 229-233 Moments under conjugate distributions in bioassay
by Tsutakawa, Robert K.
- 235-239 A goodness-of-fit test for exponential families
by Gombay, Edit & Horváth, Lajos
- 241-243 Coexistence in a competition model
by Luo, Xiaolong & Cai, Haiyan


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Seadrill (NYSE:SDRL) is an offshore deepwater drilling company that, I think, still makes a great value proposition for investors seeking high dividends as well as exposure to the drilling industry. The company posts consistently high economic utilization rates and operates one of the largest fleets of drillships, Jack-ups, semi-submersibles and tender rigs.
Over the last year, shares of Seadrill have been effectively flat with a return of minus 0.11%. Year-to-date Seadrill has lost 7.76% and the stock is down 23.14% since its 52-week High of $48.09. Transocean (NYSE:RIG), another leading offshore drilling company, lost even more with a trailing twelve month return of minus 18.70%. Shares of competitor Diamond Offshore Drilling (NYSE:DO) literally collapsed during 2013 as worries about the growth of the offshore drilling market started to capture investors: Diamond Offshore Drilling lost 31.77% over the course of last year and had one of the worst performances in the sector. The stock is also down 15.72% year-to-date and 35.37% from its 52-week High of $73.19. Noble (NYSE:NE) and Ensco (NYSE:ESV) delivered negative one-year returns of 12.21% and 11.81% respectively. The following graph depicts the one-year performance charts of offshore drilling companies:
Despite cutbacks in exploration spending and a cautious growth outlook for the offshore drilling market, I think the long-term fundamentals of the offshore business actually support an investment in Seadrill. Large offshore oil- and gas discoveries have not only become rare, it is also increasingly difficult to exploit newly discovered reservoirs. Exploration companies now need to dig deeper and have to go farther offshore to find new oil- and gas reservoirs that are worth the cost and the effort. Drilling companies like Seadrill will benefit from long-term fossil fuel demand and increased drilling activity to bring new supplies to market.
Seadrill actually has performed quite well over the last three years - its quarterly EBITDA has consistently been above $573 million. Most recently, Seadrill reported the largest sequential increase in EBITDA in three years. Its fourth quarter EBITDA came in at $768 million: A 15.8% increase from the $663 million in EBITDA reported for the third quarter 2013.
(Source: Seadrill Conference Call 4Q 2013 Presentation)
Seadrill's distribution history is quite impressive, too. The offshore driller has just increased its quarterly distribution by $0.03 to $0.98. Since the fourth quarter 2010 Seadrill has held its dividend payment at least steady and has increased its recurring dividend (not accounting for special distributions) ten times during the same time period.
(Source: Seadrill Conference Call 4Q 2013 Presentation)
High dividend yields and low entry multiples
Seadrill currently trades at the largest forward earnings multiple compared to other firms in the offshore drilling sector: 10.43. Transocean trades at only 8.35x earnings while Noble is the cheapest company in the peer group with a forward P/E ratio of 6.78 (which is equivalent to a whopping earnings yield of 14.7%).
(Source: Achilles Research, Finviz.com)
The decline in equity valuations also led to an increase in yields that investors can enjoy -- considering, of course, no material changes are made to the distribution policies of such companies. Seadrill presently pays investors $0.98 quarterly which translates into a distribution yield of 10.61% -- by far the highest yield in the sector. With that high a yield, Seadrill might also be an interesting alternative for income-hungry MLP investors who usually pursue high-yield investments such as Kinder Morgan Energy Partners (NYSE:KMP) or BreitBurn Energy Partners (BBEP).
(Source: Achilles Research, Finviz.com)
With a P/E ratio of 10.43 Seadrill is the most expensive company in the peer group, but also offers investors the largest dividend yield of 10.61%. Seadrill currently trades at a 92.91% premium to the peer group average dividend yield of 5.50%.
(Source: Achilles Research, Finviz.com)
I still think that Seadrill is an interesting alternative to other high-yield investments in the oil- and gas midstream business as well as the real estate investment trust sector. While the company itself is cautious with respect to future growth in the offshore drilling market, it is also noteworthy that the company has one of the most modern fleets in operation and also posts consistently high utilization rates (Seadrill's fourth quarter 2013 ultra-deepwater economic utilization rate stood at 94%).
I also believe oil- and gas majors will ramp up spending on new exploration projects as they face ongoing pressure to add to their reserves and have a strong interest in developing conventional and unconventional projects both onshore and offshore. Long-term BUY on Seadrill's historical EBITDA performance, high utilization rates, fleet standard, a low earnings valuation and a double-digit dividend yield.
Disclosure: I am long KMP, BBEP, SDRL. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

subset: commoncrawl


text: It has been a very busy exciting time to Kick the New Year off in a Huge way. Truly hope you all are having a super jump start to your 2016 business efforts as well. As the Markets are shifting and Prices and Products are ever changing , It still requires Funding in several areas to make the Deals flow. So Our campaign to Bring on additional sources is in full effect. W e will present them to the Group as they Prove to be trusted Lending sources to assist you with multiple Funding Options to smooth out the bumps in the Funding process for you along the way. Stay Blessed, Stay Elite & Stay Paid ! . Posted 03/02/16


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We offer discount to nonprofits, government agencies, and federal contractors
AILA makes recommendations to restore due process for Central American children, families, and adults seeking asylum and legal protection at our border. Read Report Today
AILA Doc. No. 09040930 | Dated April 9, 2009 | File Size: 229 KDownload the Document
On 4/9/09 USCIS announced an updated count of the number of fiscal year 2010 H-1B filings that it has received.
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American Immigration Lawyers Association
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Copyright © 1993-2017
American Immigration Lawyers Association.


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3. Age also determines where you take them.
Teenagers take them in parks and their friends' homes. Older people stick to their living rooms.
12. Meanwhile, prohibition pushes some people to try legal highs like these - which genuinely are dangerous.
Across Europe, legal highs are introduced at a rate of about one a week. Unlike established illegal drugs such as MDMA (the active ingredient in ecstasy), these chemicals are poorly understood, which means that nobody knows the right amount to take or what the possible side effects will be.
Last year, 52 people died after taking "novel psychoactive substances". That's more deaths than MDMA has caused in any year since 2005. And in all likelihood, a hell of a lot more people take ecstasy than take this stuff.
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This is in Colorado, where cannabis is now legal for people over the age of 21 to buy, providing that they smoke it at home. A study conducted last year by the University of Essex put the potential savings of introducing a similar system in Britain at £360m, even after accounting for an increase in use of 15% as a result.
There is much less of a case for legalising cocaine or heroin - which are far more harmful. But in other countries such as Switzerland, the Netherlands and Canada, long-term heroin addicts are prescribed heroin to inject under supervised conditions: a policy which has all but destroyed the illegal market in many places.
Meanwhile, most of the scientific evidence shows that some recreational drugs such as ecstasy are still far less harmful than alcohol, which Brits still consume vast quantities of.
Sadly, our politicians would prefer that a third of the population remain criminals.
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Gattonside Heritage Accommodation
Select your stay dates to check availability at Gattonside Heritage Accommodation
Gattonside Heritage Accommodation
About the Hotel
Property Location
With a stay at Gattonside Heritage Accommodation, you'll be centrally located in Battery Point, steps from Narryna Heritage Museum and minutes from St. George's Anglican Church. This historic hotel is within close proximity of Australian Army Museum Tasmania and Markree House Museum and Garden.
Make yourself at home in one of the 8 individually decorated guestrooms, featuring refrigerators and LCD televisions. Your Select Comfort bed comes with Egyptian cotton sheets. Digital programming and DVD players are provided for your entertainment, while complimentary wireless Internet access keeps you connected. Bathrooms have complimentary toiletries and hair dryers.
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Featured amenities include luggage storage and a library. A roundtrip airport shuttle is provided for a surcharge (available on request), and free self parking is available onsite.
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- Terrace
- Accessible bathroom
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- Garden
- Luggage storage
- Number of buildings/towers - 1
- Designated smoking areas (fines apply)
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- Free breakfast
- Airport transportation (surcharge)
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Know Before You Go
- This property offers transfers from the airport (surcharges may apply). Guests must contact the property with arrival details before travel, using the contact information on the booking confirmation.
- Children 18 years old and younger are not permitted at this property.
The following fees and deposits are charged by the property at time of service, check-in, or check-out.
- Airport shuttle fee: AUD 32.00 per person (roundtrip)
- Crib (infant bed) fee: AUD 20 per stay
- Rollaway bed fee: AUD 45.00 per night
- Onsite credit card charges are subject to a surcharge
The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.Show all hotel policy Show less hotel policy


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78 posts tagged with Iraq and saddamhussein.
Displaying 51 through 78 of 78. Subscribe:
Before we go to war based on whether or not Saddam (or the UN Security Council...) agrees to the Bush administration's proposed UN resolution, would anyone care to discuss what their proposed resolution actually says?
Apparently, the text of the resolution isn't in the public domain... but things leak. According to this article, the resolution allows the UN or its members (including the US) to station armed guards in Iraq, establish no-fly and no-drive zones, and create exclusive ground and air transit corridors. Robert Fisk, one of England's most respected reporters, believes the resolution is a poison pill, designed to lead to "regime change", whether he accepts it or not. So, what else do we know about the proposed resolution, and why isn't anyone talking about it?
Apparently, the text of the resolution isn't in the public domain... but things leak. According to this article, the resolution allows the UN or its members (including the US) to station armed guards in Iraq, establish no-fly and no-drive zones, and create exclusive ground and air transit corridors. Robert Fisk, one of England's most respected reporters, believes the resolution is a poison pill, designed to lead to "regime change", whether he accepts it or not. So, what else do we know about the proposed resolution, and why isn't anyone talking about it?
Take your pick, Mr. Hussein.
Take your pick, Mr. Hussein. You have two choices: War or peace pumpkins.
How many Saddams are there?
How many Saddams are there? "A German television network said on Thursday it had made a scientific study of 450 photographs of Saddam Hussein in Iraq and concluded there are at least three doubles posing as the Iraqi president."
'The guy who tried to kill my dad.'
'The guy who tried to kill my dad.' Setting aside partisan bickering, this description of Saddam Hussein by George W. Bush today sent my mind reeling. Is this in reference to something published in the past that is just escaping my mind? The Reuters version of the story adds that it is reference to "an Iraqi plot to kill former President George Bush after the 1991 Gulf War." Anyone have a link to that older story?
Arming Saddam.
Arming Saddam. "ABC News Nightline opened last June 9 with words to make the heart stop. "It is becoming increasingly clear," said a grave Ted Koppel, "that George Bush, operating largely behind the scenes throughout the 1980s, initiated and supported much of the financing, intelligence, and military help that built Saddam's Iraq into the aggressive power that the United States ultimately had to destroy."
Does it matter if no one reports it? Does a tree falling make a sound if no one hears it? Are these facts not relevant to the war against Iraq? For your debating pleasure, a blast from the past.
Does it matter if no one reports it? Does a tree falling make a sound if no one hears it? Are these facts not relevant to the war against Iraq? For your debating pleasure, a blast from the past.
The Mind of a Madman.
The Mind of a Madman. PRESIDENT SADDAM HUSSEIN'S ADDRESS ON THE ELEVENTH ANNIVERSARY OF THE GRAND BATTLE "MOTHER OF ALL BATTLES" JANUARY 16-17, 1991. See also President Saddam Hussein's speech on the occasion of the 14th anniversary of the day of the great victory over Iran and other funny stories. And now, for the rest of the story.
Saddam Hussein Trained Al Qaeda Fighters - Report
Saddam Hussein Trained Al Qaeda Fighters - Report Blair's evidence to convince the Brits that attacking Iraq is going after Saddam is needed because he has been directly involved with Qaeda network.
Why Aren't U.S. Journalists Reporting From Iraq?
Why Aren't U.S. Journalists Reporting From Iraq? "This notion that the Iraqi leader is in cahoots with Osama will be easy to feed the American people. To the American people, one bad Arab is the same as the next, and Osama equals Saddam. People who wonder about the Bush war-urgency only need to think about this: there's a blind spot that needs to be exploited now, before too many journalists get the idea to go inside Iraq and find out what's really happening. As long as the Condi Rices, Dick Cheneys and other hawks are talking to journalists with no experience inside Iraq, they won't get a raised eyebrow about this notion that the secular dictator is in bed with the jihadis -- even though [reports indicate]....the CIA has found no link between the Iraqi dictator and Al Qaeda."
A Blast from the Past.
A Blast from the Past. In 1998, George Bush, Sr. explains why Saddam was not removed in the Gulf War: "Going in and occupying Iraq, thus unilaterally exceeding the U.N.'s mandate, would have destroyed the precedent of international response to aggression we hoped to establish. Had we gone the invasion route, the U.S. could conceivably still be an occupying power in a bitterly hostile land. It would have been a dramatically different--and perhaps barren--outcome."
Here's a transcript of the president's speech
Here's a transcript of the president's speech to the UN General Assembly this morning, for those who missed it. The White House has also provided a 21 page document [pdf link] detailing Iraq's history of defiance and disorder over the past decade.
Post-Saddam Iraq? Not Our Problem.
Post-Saddam Iraq? Not Our Problem. "President Bush Monday told world leaders it will be the responsibility of the whole international community, rather than the United States, to determine what kind of regime should replace Iraqi President Saddam Hussein if his government is toppled by U.S. military action, European diplomats told United Press International." How's your shining beacon of democracy doing today?
Molly Ivins wraps it up nicely and ties a bow on top.
Molly Ivins wraps it up nicely and ties a bow on top. When Dick Cheney was CEO of the oilfield supply firm Halliburton, the company did $23.8 million in business with Saddam Hussein, the evildoer "prepared to share his weapons of mass destruction with terrorists."
Chinese checkmate ?
Chinese checkmate ? "Those who love to quote Sun Tzu might consider his nationality', says James Webb, as he offers still more cogent reasons why a 30 year "MacArthurian regency in Baghdad" is probably not in America's national interest. Why are the military men the ones who have to keep pointing out the unwisdom of an invasion of Iraq? Quoth Secretary Webb: "The issue before us is not simply whether the United States should end the regime of Saddam Hussein, but whether we as a nation are prepared to physically occupy territory in the Middle East for the next 30 to 50 years."
It appears
It appears that there is another twist in the Abu Nidal death as reports are claiming that Saddam Hussein had Abu killed because Nidal didn't want to train Al Qaeda terrorists in Iraq and strike the US. This does contradict the Iraqi claims that Abu killed himself for plotting to overthrow Saddam.
This is getting stranger and stranger. Is this just creative writing by Iraqi opposition? Won't these claims be used to justify claims that Saddam is harboring Terrorists? Will the US awkardly praise Abu for turning down Saddam's offer?
Who knows..
This is getting stranger and stranger. Is this just creative writing by Iraqi opposition? Won't these claims be used to justify claims that Saddam is harboring Terrorists? Will the US awkardly praise Abu for turning down Saddam's offer?
Who knows..
Iraq's Aziz Says U.S. Attack Would Fail
Iraq's Aziz Says U.S. Attack Would Fail This is a news story? What is the Deputy Prime Minister Tareq Aziz supposed to say? "W. has been right all along, Saddam is a tyrant. We need to get him out. Even Saddam agrees he has gone to far." or "Now that you mention it, our military is a mess, the stuff we have bought is junk and your tanks will rip it to shreds."
Does invading Iraq require more than declaring Saddam Hussein "evil"?
Does invading Iraq require more than declaring Saddam Hussein "evil"? The New York Times reports public opposition from people not easily labeled Brie-sucking scared-of-war libyerals -- people like Henry "Bombs Away" Kissinger and Brent Scowcroft. Meanwhile, hawks argue that not attacking after all Bush's rhetoric would "produce such a collapse of confidence in the president that it would set back the war on terrorism." [registration required]
As it turns out, Donald Rumsfeld and Saddam Hussein were buddies back in the day.
The clash of battling war plans.
The clash of battling war plans. "Imagine Operation Overlord for D-Day splashed all over the front page of the New York Times. Unthinkable, you say. Then imagine the German high command's plans to repulse the Allied invasion announced by Adolf Hitler himself in a meeting with his closest advisers and then leaked to a London newspaper. Equally unthinkable. But this is how the invasion of Iraq by the United States and Saddam's plans to counterattack have been played out in the New York Times and a Kuwaiti newspaper â?? all before a single shot has been fired." First there was the parade of leaks from the U.S., even an influential insider making predictions on TV. Then there was the apparent counterleak of Saddam's war plan. What is going on? Is the Iraqi leak credible? And if so, what price are American civilians going to pay?
While W is off building the case for a war against Saddam, senior military officials have serious doubts about the wisdom of a US invasion of Iraq. But they're keeping quiet because "they fear they would come out on the wrong side of Bush's eventual decision." Can you blame 'em?
Saddam's oil scam
Saddam's oil scam....and other tidbits of interest about Iraq versus US. oops. I almost said "and the world," but the world seems indifferent or annoyed at the American threat to Iraq.
Did you forget to send a blue mountain card to Saddam?
Did you forget to send a blue mountain card to Saddam? I'll just bet you did. And it was his 65th. Still time to send those birthday greetings. It might be the last one he gets to celebrate.
Middle East war predictions
Middle East war predictions "..what we are witnessing looks like joint preparations by the Palestinian Authority, Syria, its Lebanese client, Iraq, and Iran, for war on a regional scale, against both Israel and U.S. interests. I fear we may face a major, sudden, external assault on Israel, meant to precede U.S. action against the Saddam Hussein regime in Iraq, and indeed prevent the U.S. from going there by enmiring it in the defence of Israel. [From The Ottowa Citizen, lead link in today's Wall Street Journal Best of the Web]
This New Yorker article
This New Yorker article is a must read. Long and exhaustive (but well worth the trip), I believe it could have the power to change many minds about what should be done, and when, about Iraq and its dictator. The essential story is about the horrible and terrifying effects of Saddam Hussein's gassing of Kurdish villages, but as the story reminds us at the end "Please understand, the Kurds were for practice"
Saddam stokes war with suicide bomber cash.
Saddam stokes war with suicide bomber cash. "The hall was packed and the intake of breath was audible as a special announcement was made to the war widows of the West Bank - Saddam Hussein would pay $US25,000 ($47,000) to the family of each suicide bomber as an enticement for others to volunteer for martyrdom in the name of the Palestinian people."
This smells of opportunism?
This smells of opportunism? Is the Iraqi government using our recent war fervor to lift their economic bans? We now have a new enemy, so the old ones are now our friends? Saddam's comment on humanitariasm simply makes me cringe.
Is this Saddam's work?
Is this Saddam's work? CBS News: "United States has received an intelligence report that Mohammed Atta, the hijacker who is named as the pilot of the first plane to strike the World Trade Centers, met early this year somewhere in Europe with the head of the Iraqi intelligence service." CNN is reporting it too.
Iraq to Donate $94 Million to Poor Americans
Iraq to Donate $94 Million to Poor Americans Interesting propaganda. But more interestingly - disregarding the donor, would the US ever accept such a donation? (How could we admit a need for charity at home when we send billions in aid abroad?) And what's next? We're not of a mindset to accept foreign meddling. What about UN relief efforts? International peacekeeping forces?
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As per research conducted by University of Houston, children who experience inadequate or disrupted … [Read more...]
4 Ways You Might Block Your Child's Thinking Process (And How To Solve It)
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New Orleans Hosts International Fly Tackle Dealer Show
Fish&Fly Editor Paul Sharman is in the Big Easy for the International Fly Tackle Dealer show which runs from the 18th-20th August. Watch out for news and photos from the show floor over the coming days.
With most of the major players in town and exhibiting at the show, who knows what might be shown here first. Please follow our Twitter feed also @fishandflyltd
Articles by the same author
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- Free Fly Fishing Lessons with Orvis
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- New Chair of ASF Board of Directors
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ONE's strategic relationships intern Catherine Ayres interviews the original ONE Moms on the two-year anniversary of their trip to Kenya.
Two years ago, we took a group of 10 influential mom bloggers on a life-changing trip to Kenya. We wanted these ONE Moms to witness the lives of other women in Africa and share their incredible stories of resilience with their devoted blog readers.
But the Kenya trip did more than that. It changed the ONE Moms' lives forever.
"I have a larger lens from which I see the world now," says Shayne Moore, a ONE Mom blogger. "Seeing first-hand what life is like for mothers and families struggling in oppressive poverty and disease is humbling and heart-breaking.
I recently checked in on the ONE Moms to find out what they're doing now and what they think about the trip two years later.
Karen Walrond and Amy Graff visiting a home-based HIV testing program in Kisumu. Photographed by Morgana Wingard.
Rachel Fox: "This trip was a concrete way to demonstrate the possibilities to create change to not only my family, but my community as well." Over the past two years, Rachel has spoken about advocacy and the issues of extreme poverty at a number of conferences. She also continued her work as a ONE Congressional district leader in North Carolina.
Jennifer James: "This trip solidified what I truly want to do with my life." Since then, she has reported on global health and development in six countries on four continents, and started Mom Bloggers for Social Good, a global coalition of mothers who care about pressing international issues.
Emily McKhann and Cooper Munroe's social media marketing company, The Motherhood, has grown leaps and bounds, with now more than 14,000 followers and many Fortune 500 companies as clients.
Shayne Moore published her book "Refuse To Do Nothing: Finding Your Power To Abolish Modern Day Slavery" and wrote, produced and recorded her first full-length album under the same title.
Elisa Morgan released several books, the "NIV Mom's Devotional Bible" and "The Beauty of Broken" in September 2013. She is also the publisher of FullFill digizine, a leadership development resource for women.
Karen Walrond: "I hope to continue being a conduit and bringing these stories of Africa to those who can help." True to her word, she has traveled around the country speaking and promoting her book, "The Beauty of Different," including at a moving TED Talk in November. She went to Ethiopia with ONE in 2012.
Despite the many different directions the Kenya ONE Moms' lives have taken, one thing is for sure: they all remain affected by what they experienced on that journey with ONE.
"It was just incredible to actually witness the strength and resilience of the people of Kenya first-hand, says Rachel. "Their ability to sing, dance, smile, laugh, and love in spite of the tremendous obstacles before them was an inspiration and something that I have carried within me since coming home."


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Barrelhouse Tours
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***Ticket exchange/Reschedule policy**** We understand that stuff comes up. If you need to reschedule for a different tour date, please let us know 72 hours in advance of your tour to allow for others to grab your spots. We can not accommodate requests made to exchange tickets received later than the 72 hour window. Please email firstname.lastname@example.com to reschedule tours.
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