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SFL Corporation ( (SFL) ) just unveiled an announcement.
SFL Corporation announced a favorable ruling from the Oslo District Court concerning a legal case with Seadrill subsidiaries over the redelivery of the drilling rig Hercules in December 2022. The court ordered Seadrill’s subsidiaries to compensate SFL approximately $48 million for breach of contract, impacting SFL’s financial position positively.
More about SFL Corporation
SFL Corporation is a prominent player in the maritime industry, renowned for its diverse fleet, which includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs. The company has consistently paid dividends every quarter since its NYSE listing in 2004, supported by long-term charters and a growing asset base.
YTD Price Performance: 3.93%
Average Trading Volume: 874,905
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.58B
Find detailed analytics on SFL stock on TipRanks’ Stock Analysis page.