SOURCE: Paragon Financial Limited

Paragon Financial Limited

September 19, 2011 08:16 ET

Dividend Payments From SeaDrill and Penn West Petroleum a Safe Haven During Market Unrest

The Paragon Report Provides Equity Research on SeaDrill Limited & Penn West Petroleum

NEW YORK, NY--(Marketwire - Sep 19, 2011) - The Paragon Report examines investing opportunities in the Oil & Gas Sector and provides equity research on SeaDrill Limited (NASDAQ: SDRL) and Penn West Petroleum Ltd. (NYSE: PWE) (TSX: PWT). Access to the full company reports can be found at:

With the VIX volatility index pushing towards record levels over the last month, long term investors have turned their attention to safe haven plays. Investors usually count on dividend paying stocks during hectic times in the market believing in the company's security and real earnings power. Additionally, when interest rates get as low as they currently are, the return on dividends can far exceed that of bonds.

Companies in the Oil & Gas Drilling & Exploration sector have posted surging top lines in recent quarters as oil prices remain high. Last week The International Energy Agency said that while oil demand is likely to slow over the next year, prices will remain high because of challenges facing the much-watched resumption of Libyan oil production. With profits on the upswing, several explorers have begun boosting dividend payments.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the Oil & Gas sector register with us free at and get exclusive access to our numerous stock reports and industry newsletters.

Presently SeaDrill Limited pays an annual dividend of $2.16 per share for a hefty yield of around 7 percent. SeaDrill Limited is an offshore drilling contractor, providing offshore drilling services to the oil and gas industries worldwide.

Penn West Petroleum engages in acquiring, exploring, developing, exploiting, and holding interests in petroleum and natural gas properties and related assets in North America. The company is forecasting a staggering drop in production after Alberta wildfires and floods in Saskatchewan hit production, prompting it to lower its full-year output target. Currently the company pays an annual dividend of $1.09 per share for a yield of 6.3 percent.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at