This company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsNorthern Drilling（ND6）株式概要Northern Drilling Ltd. operates as an offshore drilling contractor to the oil and gas industry. 詳細ND6 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金0/6リスク分析収益が 100 万ドル未満 ( $0 )過去1年間で株主の希薄化は大幅に進んだ German市場と比較して、過去 3 か月間の株価の変動が非常に大きい過去5年間で収益は年間26.6%減少しました。 +2 さらなるリスクすべてのリスクチェックを見るND6 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.019該当なし内在価値ディスカウントEst. Revenue$PastFuture-11m0.7472012016201920222025202620282031Revenue US$0.2Earnings US$0.02AdvancedSet Fair ValueView all narrativesNorthern Drilling Ltd. 競合他社Daldrup & SöhneSymbol: XTRA:4DSMarket cap: €150.9mIOGSymbol: DB:IO7Market cap: €6.3mPetro MatadSymbol: DB:HA3Market cap: €24.2mIndependence Contract DrillingSymbol: OTCPK:ICDI.QMarket cap: US$414.7k価格と性能株価の高値、安値、推移の概要Northern Drilling過去の株価現在の株価€0.01952週高値€2.7652週安値€0.0006ベータ8.681ヶ月の変化-41.51%3ヶ月変化-40.38%1年変化-99.23%3年間の変化-98.79%5年間の変化-99.61%IPOからの変化-99.66%最新ニュースNew Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.79m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (80% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.79m market cap, or US$9.54m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (69% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€12.5m market cap, or US$13.6m).お知らせ • Dec 08Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million.Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million on December 7, 2023. Under the terms, NOK 0.125 per share in cash will be paid. Offer period is from and including December 8, 2023 to January 5, 2024New Risk • Nov 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 19x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (281% average daily change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€35.0m market cap, or US$37.3m).New Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€46.8m market cap, or US$51.1m).お知らせ • Jan 24+ 2 more updatesNorthern Drilling Ltd., Annual General Meeting, May 10, 2023Northern Drilling Ltd., Annual General Meeting, May 10, 2023.最新情報をもっと見るRecent updatesNew Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.79m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (80% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.79m market cap, or US$9.54m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (69% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€12.5m market cap, or US$13.6m).お知らせ • Dec 08Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million.Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million on December 7, 2023. Under the terms, NOK 0.125 per share in cash will be paid. Offer period is from and including December 8, 2023 to January 5, 2024New Risk • Nov 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 19x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (281% average daily change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€35.0m market cap, or US$37.3m).New Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€46.8m market cap, or US$51.1m).お知らせ • Jan 24+ 2 more updatesNorthern Drilling Ltd., Annual General Meeting, May 10, 2023Northern Drilling Ltd., Annual General Meeting, May 10, 2023.Board Change • Nov 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Marius Hermansen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Aug 11Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022.お知らせ • Mar 31Hemen Holding Ltd. completed the acquisition of remaining 60% stake in Northern Drilling Ltd. (OB : NODL).Hemen Holding Ltd. made an offer to acquire remaining 60% stake in Northern Drilling Ltd. (OB:NODL) for approximately NOK 160 million on February 7, 2022. Hemen Holding will pay NOK 17 per share for the acquisition of remaining shares in Northern Drilling Ltd. The offer period is from March 2, 2022 to March 30, 2022. SpareBank 1 Markets AS has been engaged by Northern Drilling Ltd to provide an independent assessment of the mandatory offer. Hemen Holding Ltd. completed the acquisition of remaining 60% stake in Northern Drilling Ltd. (OB : NODL) on March 30, 2022. The offer period expired today on March 30, 2022 and is not subject to any extension.お知らせ • Dec 23Northern Drilling Ltd. Signs A Settlement Agreement with Seadrill LtdNorthern Drilling Ltd. signed a settlement agreement with Seadrill Ltd. and its subsidiaries (“Seadrill”) relating to limited services for supervision, preservation and maintenance management services dating back to January 2018. The settlement closes all outstanding balances and claims between the companies and is subject to approval by the United States Bankruptcy Court for the Southern District of Texas in Seadrill’s Chapter 11 bankruptcy case, In re Seadrill Limited, Case No. 20-30427. The Company anticipates that the effective date of this settlement will occur within four weeks.Breakeven Date Change • Sep 23Forecast to breakeven in 2022The analyst covering Northern Drilling expects the company to break even for the first time. New forecast suggests the company will make a profit of US$30.7m in 2022. Average annual earnings growth of 135% is required to achieve expected profit on schedule.Recent Insider Transactions • Aug 19Director recently bought €127k worth of stockOn the 17th of August, Marius Hermansen bought around 95k shares on-market at roughly €1.34 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$1.12, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 90% over the past year.Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.67, the stock trades at a trailing P/E ratio of 9.2x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 183% over the past year.Is New 90 Day High Low • Mar 13New 90-day high: €0.77The company is up 28% from its price of €0.60 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 22% over the same period.Is New 90 Day High Low • Jan 07New 90-day high: €0.63The company is up 79% from its price of €0.35 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 40% over the same period.Is New 90 Day High Low • Nov 26New 90-day high: €0.57The company is up 9.0% from its price of €0.52 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 22% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: €0.38The company is down 36% from its price of €0.58 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 17% over the same period.お知らせ • Jul 07The Board of Northern Drilling Ltd. completed the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL).The Board of Northern Drilling Ltd. announced the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL) on February 6, 2020. On February 6, 2020, Northern Drilling announced an exchange offer in connection with Northern Ocean's application for listing on the Oslo Børs and a subsequent share offering by Northern Ocean. Northern Drilling offered its shareholders the opportunity to exchange up to 85% of their ownership in Northern Drilling at an exchange ratio of 2.0316 shares in Northern Drilling for one share in Northern Ocean. The exchanged shares in Northern Drilling will be cancelled upon settlement. In connection with the listing prospectus, Northern Ocean carried out a subsequent offering of 75,686 shares as well. The Board of Northern Drilling Ltd. completed the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL) on February 26, 2020. On February 26, 2020, Northern Drilling announced that 91.4 million of its shares were accepted in the exchange offer and exchanged with 45 million shares in Northern Ocean that were owned by Northern Drilling. Following completion of the exchange offer, Northern Drilling does not hold any shares in Northern Ocean and 91.4 million of Northern Drilling's shares were cancelled, following which Northern Drilling now has 16.1 million shares issued and outstanding. On February 27, 2020, Northern Ocean's shares began trading on the Oslo Bors under the "NOL" ticker symbol.お知らせ • Jun 22Northern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI IndexNorthern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI Index株主還元ND6DE Energy ServicesDE 市場7D-18.8%-2.1%0.7%1Y-99.2%55.1%2.0%株主還元を見る業界別リターン: ND6過去 1 年間で55.1 % の収益を上げたGerman Energy Services業界を下回りました。リターン対市場: ND6は、過去 1 年間で2 % のリターンを上げたGerman市場を下回りました。価格変動Is ND6's price volatile compared to industry and market?ND6 volatilityND6 Average Weekly Movement437.4%Energy Services Industry Average Movement5.7%Market Average Movement6.1%10% most volatile stocks in DE Market13.1%10% least volatile stocks in DE Market2.7%安定した株価: ND6の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: ND6の 週次ボラティリティ は、過去 1 年間で383%から437%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト20171n/awww.northerndrillingltd.comもっと見るNorthern Drilling Ltd. 基礎のまとめNorthern Drilling の収益と売上を時価総額と比較するとどうか。ND6 基礎統計学時価総額€6.54m収益（TTM）-€9.39m売上高(TTM)n/a0.0xP/Sレシオ-0.7xPER（株価収益率ND6 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計ND6 損益計算書（TTM）収益US$0売上原価US$0売上総利益US$0その他の費用US$10.01m収益-US$10.01m直近の収益報告Jun 30, 2023次回決算日該当なし一株当たり利益（EPS）-0.028グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率0%ND6 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2024/05/01 16:59終値2024/05/01 00:00収益2023/06/30年間収益2022/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Northern Drilling Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。7 アナリスト機関Chr. Frederik LundeCarnegie Investment Bank ABSteffen EvjenDanske BankMartin KarlsenDNB Carnegie4 その他のアナリストを表示
New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.79m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (80% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.79m market cap, or US$9.54m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (69% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€12.5m market cap, or US$13.6m).
お知らせ • Dec 08Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million.Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million on December 7, 2023. Under the terms, NOK 0.125 per share in cash will be paid. Offer period is from and including December 8, 2023 to January 5, 2024
New Risk • Nov 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 19x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (281% average daily change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€35.0m market cap, or US$37.3m).
New Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€46.8m market cap, or US$51.1m).
お知らせ • Jan 24+ 2 more updatesNorthern Drilling Ltd., Annual General Meeting, May 10, 2023Northern Drilling Ltd., Annual General Meeting, May 10, 2023.
New Risk • Apr 09New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: €8.79m (US$9.54m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (80% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€8.79m market cap, or US$9.54m). Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end).
New Risk • Mar 16New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (69% average weekly change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 17x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (€12.5m market cap, or US$13.6m).
お知らせ • Dec 08Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million.Hemen Holding Ltd. agreed to acquire remaining 10.65% stake in Northern Drilling Ltd. (OB:NODL) for NOK 0.26 million on December 7, 2023. Under the terms, NOK 0.125 per share in cash will be paid. Offer period is from and including December 8, 2023 to January 5, 2024
New Risk • Nov 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Over 19x increase in shares outstanding. This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Share price has been highly volatile over the past 3 months (281% average daily change). Earnings have declined by 27% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 19x increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (€35.0m market cap, or US$37.3m).
New Risk • Aug 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$17m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$17m free cash flow). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (€46.8m market cap, or US$51.1m).
お知らせ • Jan 24+ 2 more updatesNorthern Drilling Ltd., Annual General Meeting, May 10, 2023Northern Drilling Ltd., Annual General Meeting, May 10, 2023.
Board Change • Nov 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. Director Marius Hermansen was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Aug 11Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022.
お知らせ • Mar 31Hemen Holding Ltd. completed the acquisition of remaining 60% stake in Northern Drilling Ltd. (OB : NODL).Hemen Holding Ltd. made an offer to acquire remaining 60% stake in Northern Drilling Ltd. (OB:NODL) for approximately NOK 160 million on February 7, 2022. Hemen Holding will pay NOK 17 per share for the acquisition of remaining shares in Northern Drilling Ltd. The offer period is from March 2, 2022 to March 30, 2022. SpareBank 1 Markets AS has been engaged by Northern Drilling Ltd to provide an independent assessment of the mandatory offer. Hemen Holding Ltd. completed the acquisition of remaining 60% stake in Northern Drilling Ltd. (OB : NODL) on March 30, 2022. The offer period expired today on March 30, 2022 and is not subject to any extension.
お知らせ • Dec 23Northern Drilling Ltd. Signs A Settlement Agreement with Seadrill LtdNorthern Drilling Ltd. signed a settlement agreement with Seadrill Ltd. and its subsidiaries (“Seadrill”) relating to limited services for supervision, preservation and maintenance management services dating back to January 2018. The settlement closes all outstanding balances and claims between the companies and is subject to approval by the United States Bankruptcy Court for the Southern District of Texas in Seadrill’s Chapter 11 bankruptcy case, In re Seadrill Limited, Case No. 20-30427. The Company anticipates that the effective date of this settlement will occur within four weeks.
Breakeven Date Change • Sep 23Forecast to breakeven in 2022The analyst covering Northern Drilling expects the company to break even for the first time. New forecast suggests the company will make a profit of US$30.7m in 2022. Average annual earnings growth of 135% is required to achieve expected profit on schedule.
Recent Insider Transactions • Aug 19Director recently bought €127k worth of stockOn the 17th of August, Marius Hermansen bought around 95k shares on-market at roughly €1.34 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months.
Valuation Update With 7 Day Price Move • Aug 10Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to US$1.12, the stock trades at a trailing P/E ratio of 6.2x. Average forward P/E is 11x in the Energy Services industry in Europe. Total returns to shareholders of 90% over the past year.
Valuation Update With 7 Day Price Move • Jul 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$1.67, the stock trades at a trailing P/E ratio of 9.2x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 183% over the past year.
Is New 90 Day High Low • Mar 13New 90-day high: €0.77The company is up 28% from its price of €0.60 on 11 December 2020. The German market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 22% over the same period.
Is New 90 Day High Low • Jan 07New 90-day high: €0.63The company is up 79% from its price of €0.35 on 09 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 40% over the same period.
Is New 90 Day High Low • Nov 26New 90-day high: €0.57The company is up 9.0% from its price of €0.52 on 27 August 2020. The German market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Energy Services industry, which is up 22% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: €0.38The company is down 36% from its price of €0.58 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 17% over the same period.
お知らせ • Jul 07The Board of Northern Drilling Ltd. completed the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL).The Board of Northern Drilling Ltd. announced the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL) on February 6, 2020. On February 6, 2020, Northern Drilling announced an exchange offer in connection with Northern Ocean's application for listing on the Oslo Børs and a subsequent share offering by Northern Ocean. Northern Drilling offered its shareholders the opportunity to exchange up to 85% of their ownership in Northern Drilling at an exchange ratio of 2.0316 shares in Northern Drilling for one share in Northern Ocean. The exchanged shares in Northern Drilling will be cancelled upon settlement. In connection with the listing prospectus, Northern Ocean carried out a subsequent offering of 75,686 shares as well. The Board of Northern Drilling Ltd. completed the split-off of an 70.53% stake in Northern Ocean Ltd. (OTC:NOL) on February 26, 2020. On February 26, 2020, Northern Drilling announced that 91.4 million of its shares were accepted in the exchange offer and exchanged with 45 million shares in Northern Ocean that were owned by Northern Drilling. Following completion of the exchange offer, Northern Drilling does not hold any shares in Northern Ocean and 91.4 million of Northern Drilling's shares were cancelled, following which Northern Drilling now has 16.1 million shares issued and outstanding. On February 27, 2020, Northern Ocean's shares began trading on the Oslo Bors under the "NOL" ticker symbol.
お知らせ • Jun 22Northern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI IndexNorthern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI Index
