This company listing is no longer activeThis company may still be operating, however this listing is no longer active.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) 주식 개요Northern Drilling Ltd. operates as an offshore drilling contractor to the oil and gas industry. 자세히 보기ND6 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성4/6배당0/6위험 분석수익이 USD$1m 미만입니다($0)지난 1년 동안 주주가 크게 희석되었습니다.지난 3개월 동안 주가 변동성이 German 시장과 비교했을 때 매우 높았습니다.지난 5년간 매년 수익이 26.6% 감소했습니다.+ 위험 2건 추가모든 위험 점검 보기ND6 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.019해당 없음내재 할인율Est. Revenue$PastFuture-11m0.7472012016201920222025202620282031Revenue US$0.2Earnings US$0.02AdvancedSet Fair ValueView all narrativesNorthern Drilling Ltd. 경쟁사Daldrup & SöhneSymbol: XTRA:4DSMarket cap: €150.9mIOGSymbol: DB:IO7Market cap: €6.3mPetro MatadSymbol: DB:HA3Market cap: €24.2mIndependence Contract DrillingSymbol: OTCPK:ICDI.QMarket cap: US$414.7k가격 이력 및 성과Northern Drilling 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가€0.01952주 최고가€2.7652주 최저가€0.0006베타8.681개월 변동-41.51%3개월 변동-40.38%1년 변동-99.23%3년 변동-98.79%5년 변동-99.61%IPO 이후 변동-99.66%최근 뉴스 및 업데이트New 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).공시 • 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).공시 • Jan 24+ 2 more updatesNorthern Drilling Ltd., Annual General Meeting, May 10, 2023Northern Drilling Ltd., Annual General Meeting, May 10, 2023.더 많은 업데이트 보기Recent 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).공시 • 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).공시 • 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.공시 • Aug 11Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022.공시 • 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.공시 • 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.공시 • 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.공시 • Jun 22Northern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI IndexNorthern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI Index주주 수익률ND6DE Energy ServicesDE 시장7D-18.8%-2.1%0.7%1Y-99.2%55.1%2.0%전체 주주 수익률 보기수익률 대 산업: ND6은 지난 1년 동안 55.1%의 수익을 기록한 German Energy Services 산업보다 저조한 성과를 냈습니다.수익률 대 시장: ND6은 지난 1년 동안 2%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is 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%안정적인 주가: ND6의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: ND6의 주간 변동성은 지난 1년간 383%에서 437%로 증가했습니다.회사 소개설립직원 수CEO웹사이트20171n/awww.northerndrillingltd.com더 보기Northern Drilling Ltd. 기초 지표 요약Northern Drilling의 순이익과 매출은 시가총액과 어떻게 비교됩니까?ND6 기초 통계시가총액€6.54m순이익 (TTM)-€9.39m매출 (TTM)n/a0.0x주가매출비율(P/S)-0.7x주가수익비율(P/E)ND6는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표ND6 손익계산서 (TTM)매출US$0매출원가US$0총이익US$0기타 비용US$10.01m순이익-US$10.01m최근 보고된 실적Jun 30, 2023다음 실적 발표일해당 없음주당순이익(EPS)-0.028총이익률0.00%순이익률0.00%부채/자본 비율0%ND6의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/05/01 07:41종가2024/05/01 00:00수익2023/06/30연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Northern Drilling Ltd.는 7명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chr. Frederik LundeCarnegie Investment Bank ABSteffen EvjenDanske BankMartin KarlsenDNB Carnegie4명의 분석가 더 보기
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).
공시 • 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).
공시 • 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).
공시 • 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).
공시 • 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.
공시 • Aug 11Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022Northern Drilling Ltd., Annual General Meeting, Sep 30, 2022.
공시 • 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.
공시 • 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.
공시 • 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.
공시 • Jun 22Northern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI IndexNorthern Drilling Ltd.(OB:NODL) dropped from S&P Global BMI Index
