Where Will Seadrill Partners LLC Be in 5 Years?

For a while there it looked like Seadrill Partners (NYSE: SDLP) would get pulled under by its parent company's financial restructuring and join it in filing for bankruptcy. However, in mid-August, the company broke those bonds by amending some of its credit facilities, which will insulate it from its parent company's restructuring process. Because of that, Seadrill Partners' financial situation is back on solid ground for the time being, which recently enabled the company to reinstate its quarterly distribution to unitholders.

However, Seadrill Partners' future remains uncertain given the financial situation of its parent company. Until there's more clarity about what to expect, it's tough to tell where Seadrill Partners will be in five years since there seems to be more than one path it could take. Though two of the more likely possible options include becoming a fully independent company that charts its own course or getting acquired as part of the shakeout from its parent company's bankruptcy proceedings. Here's a closer look at what those two options might look like for investors.

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Source: Fool.com