View ValuationOdfjell Drilling 향후 성장Future 기준 점검 1/6Odfjell Drilling (는) 각각 연간 3.9% 및 1.9% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 3.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.5% 로 예상됩니다.핵심 정보3.9%이익 성장률3.86%EPS 성장률Energy Services 이익 성장7.9%매출 성장률1.9%향후 자기자본이익률18.52%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesUpcoming Dividend • May 21Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 27 May 2026. Payment date: 09 June 2026. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.3%).공시 • Dec 11Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2026Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2026.공시 • Dec 10+ 4 more updatesOdfjell Drilling Ltd. to Report Q4, 2025 Results on Feb 25, 2026Odfjell Drilling Ltd. announced that they will report Q4, 2025 results on Feb 25, 2026공시 • Mar 25+ 1 more updateOdfjell Drilling Ltd. Announces Chief Financial Officer ChangesOdfjell Drilling Ltd. announced that Frode Skage Syslak, Chief Financial Officer, has decided to step down from his role no later than 1 September 2025 to assume the position as Senior Vice President, Finance. He will be succeeded as CFO by Ørjan Lunde. Ørjan Lunde is currently the CEO of Kristian Gerhard Jebsen Skipsrederi AS, a renowned Norwegian shipowner, where he was CFO from 2019 before taking the role as CEO in January 2024. Ørjan held several key roles within finance management in Odfjell Drilling from 2015 to 2019. Prior to this, he held CFO positions at Ocea and Reef Subsea. Ørjan holds a Master’s degree from the Norwegian School of Economics and began his career in EY in 2000 before moving to Nordea in 2007.공시 • Mar 17Odfjell Drilling Ltd. to Report Q1, 2025 Results on May 16, 2025Odfjell Drilling Ltd. announced that they will report Q1, 2025 results at 12:00 PM, Central European Standard Time on May 16, 2025공시 • Dec 24Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2025Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2025.공시 • Dec 23+ 4 more updatesOdfjell Drilling Ltd. to Report Q3, 2025 Results on Nov 06, 2025Odfjell Drilling Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025Declared Dividend • Nov 09Third quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th November 2024 Payment date: 27th November 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 146% over the next 2 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$0.08 (vs US$0.78 in 3Q 2023)Third quarter 2024 results: EPS: US$0.08 (down from US$0.78 in 3Q 2023). Revenue: US$186.3m (flat on 3Q 2023). Net income: US$19.1m (down 90% from 3Q 2023). Profit margin: 10% (down from 99% in 3Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 31% per year.Declared Dividend • Aug 23Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 30th August 2024 Payment date: 19th September 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: US$0.07 (vs US$0.05 in 2Q 2023)Second quarter 2024 results: EPS: US$0.07 (up from US$0.05 in 2Q 2023). Revenue: US$191.3m (up 4.1% from 2Q 2023). Net income: US$16.4m (up 44% from 2Q 2023). Profit margin: 8.6% (up from 6.2% in 2Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.공시 • Aug 21Odfjell Drilling Ltd. Declares Cash Dividend for the Second Quarter 2024, Payable on 19 September 2024The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.4 million in total for the second quarter 2024. Last day including right: 29 August 2024, Ex-Dividend Date: 30 August 2024, Record Date: 2 September 2024; Payment Date: 19 September 2024; Date of approval: 20 August 2024.Upcoming Dividend • May 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).공시 • May 16Odfjell Drilling Ltd. Announces Cash Dividend for the First Quarter 2024, Payable on 13 June 2024The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.2 million in total for the first quarter 2024. Last day including right: 23 May 2024; Ex-Dividend Date: 24 May 2024; Record Date: 27 May 2024; Payment Date: 13 June 2024; Date of approval: 14 May 2024.New Risk • Apr 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.Reported Earnings • Apr 22Full year 2023 earnings released: EPS: US$0.94 (vs US$0.32 in FY 2022)Full year 2023 results: EPS: US$0.94 (up from US$0.32 in FY 2022). Revenue: US$732.5m (up 13% from FY 2022). Net income: US$222.1m (up 198% from FY 2022). Profit margin: 30% (up from 12% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: US$0.94 (vs US$0.32 in FY 2022)Full year 2023 results: EPS: US$0.94 (up from US$0.32 in FY 2022). Revenue: US$732.5m (up 13% from FY 2022). Net income: US$222.1m (up 198% from FY 2022). Profit margin: 30% (up from 12% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 25Odfjell Drilling Ltd., Annual General Meeting, Jun 24, 2024Odfjell Drilling Ltd., Annual General Meeting, Jun 24, 2024.Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €3.53, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 177% over the past three years.공시 • Dec 14+ 4 more updatesOdfjell Drilling Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Odfjell Drilling Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.9% per year for the foreseeable future. Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$0.78 (vs US$0.039 in 3Q 2022)Third quarter 2023 results: EPS: US$0.78 (up from US$0.039 in 3Q 2022). Revenue: US$186.0m (up 13% from 3Q 2022). Net income: US$184.5m (up US$175.2m from 3Q 2022). Profit margin: 99% (up from 5.6% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 24Odfjell Drilling Ltd. Announces Cash Dividend, Payable on 13 September 2023The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.2 million in total. Ex-Dividend Date is 1 September 2023. Record Date is 4 September 2023. Payment Date is 13 September 2023.Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: US$0.05 (vs US$0.083 in 2Q 2022)Second quarter 2023 results: EPS: US$0.05 (down from US$0.083 in 2Q 2022). Revenue: US$183.8m (up 13% from 2Q 2022). Net income: US$11.4m (down 42% from 2Q 2022). Profit margin: 6.2% (down from 12% in 2Q 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 217% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.88 per share.Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.33, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 235% over the past three years.Reported Earnings • Apr 23Full year 2022 earnings released: EPS: US$0.32 (vs US$0.22 in FY 2021)Full year 2022 results: EPS: US$0.32 (up from US$0.22 in FY 2021). Revenue: US$649.5m (up 14% from FY 2021). Net income: US$74.6m (up 41% from FY 2021). Profit margin: 12% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Feb 17Full year 2022 earnings released: EPS: US$0.32 (vs US$0.28 in FY 2021)Full year 2022 results: EPS: US$0.32 (up from US$0.28 in FY 2021). Revenue: US$650.0m (down 25% from FY 2021). Net income: US$76.0m (up 16% from FY 2021). Profit margin: 12% (up from 7.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.공시 • Feb 14Odfjell Drilling Ltd. to Report Q4, 2022 Results on Feb 16, 2023Odfjell Drilling Ltd. announced that they will report Q4, 2022 results on Feb 16, 2023Reported Earnings • Nov 25Third quarter 2022 earnings released: EPS: US$0.04 (vs US$0.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.04 (down from US$0.12 in 3Q 2021). Revenue: US$164.8m (down 27% from 3Q 2021). Net income: US$11.6m (down 59% from 3Q 2021). Profit margin: 7.0% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 6.2%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No 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 Harald Thorstein was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 10Odfjell Drilling Ltd. Announces Resignation of Thomas Marsoner as DirectorOdfjell Drilling Ltd. announced that Thomas Marsoner has on 09 November 2022 resigned as Director.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.92 per share.Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$163.1m (down 30% from 2Q 2021). Net income: US$21.9m (down 13% from 2Q 2021). Profit margin: 13% (up from 11% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 18% compared to a 13% growth forecast for the Energy Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.83, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.88 per share.Board Change • Jul 08Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Thomas Marsoner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €2.17, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 5.5% over the past three years.Reported Earnings • Jun 02First quarter 2022 earnings released: EPS: US$0.083 (vs US$0.055 loss in 1Q 2021)First quarter 2022 results: EPS: US$0.083 (up from US$0.055 loss in 1Q 2021). Revenue: US$154.8m (down 15% from 1Q 2021). Net income: US$20.6m (up US$33.6m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is expected to shrink by 23% compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02Full year 2021 earnings released: EPS: US$0.28 (vs US$0.57 in FY 2020)Full year 2021 results: EPS: US$0.28 (down from US$0.57 in FY 2020). Revenue: US$863.9m (down 7.1% from FY 2020). Net income: US$65.8m (down 51% from FY 2020). Profit margin: 7.6% (down from 14% in FY 2020). Over the next year, revenue is expected to shrink by 22% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.55, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Energy Services industry in Europe. Total loss to shareholders of 2.4% over the past three years.Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$0.28 (down from US$0.57 in FY 2020). Revenue: US$871.8m (down 6.2% from FY 2020). Net income: US$74.4m (down 45% from FY 2020). Profit margin: 8.5% (down from 14% in FY 2020). Revenue exceeded analyst estimates by 6.5%. Over the next year, revenue is expected to shrink by 8.2% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Board Change • Jan 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Alasdair Shiach was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: US$0.12 (up from US$0.072 in 3Q 2020). Revenue: US$227.4m (up 8.1% from 3Q 2020). Net income: US$30.5m (up 79% from 3Q 2020). Profit margin: 13% (up from 8.1% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 20% compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.84, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Energy Services industry in Europe. Total loss to shareholders of 49% over the past three years.Executive Departure • Sep 07CFO & Executive VP Atle Sæbø has left the companyOn the 1st of September, Atle Sæbø's tenure as CFO & Executive VP ended. We don't have any record of a personal shareholding under Atle's name. Atle is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.25 years.Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS US$0.11 (vs US$0.035 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$233.0m (up 40% from 2Q 2020). Net income: US$27.2m (up US$35.5m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$1.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 49% over the past three years.Recent Insider Transactions • Jun 12CEO & President recently sold €843k worth of stockOn the 8th of June, Simen Lieungh sold around 372k shares on-market at roughly €2.27 per share. This was the largest sale by an insider in the last 3 months. This was Simen's only on-market trade for the last 12 months.Reported Earnings • May 29First quarter 2021 earnings released: US$0.055 loss per share (vs US$0.088 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$181.9m (down 7.9% from 1Q 2020). Net loss: US$13.0m (down 163% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • May 03Full year 2020 earnings released: EPS US$0.57 (vs US$0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$929.7m (up 13% from FY 2019). Net income: US$135.2m (up 310% from FY 2019). Profit margin: 14% (up from 4.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Mar 04Odfjell Drilling Signs Contract with Lundin Energy NorwayOdfjell Drilling Ltd. announced the award of letters of intent with Lundin Energy Norway for the use of Deepsea Stavanger. Final contract for the drilling campaign has now been signed. The duration of the contract is changed to three (3) firm wells plus six (6) optional wells. The firm scope has a contractual value of approx USD 33 million. Otherwise the contract is signed on such conditions as disclosed in aforementioned stock exchange notice.Reported Earnings • Feb 27Full year 2020 earnings released: EPS US$0.57 (vs US$0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$932.3m (up 13% from FY 2019). Net income: US$143.4m (up 334% from FY 2019). Profit margin: 15% (up from 4.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 18% compared to a 1.4% decline forecast for the Energy Services industry in Germany.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.99, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 14x. This compares to an average P/E of 17x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 45%.Is New 90 Day High Low • Feb 18New 90-day high: €1.81The company is up 34% from its price of €1.35 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.74 per share.Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.47, the stock is trading at a trailing P/E ratio of 12.4x, down from the previous P/E ratio of 15.1x. This compares to an average P/E of 12x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 62%.Is New 90 Day High Low • Jan 23New 90-day high: €1.79The company is up 88% from its price of €0.95 on 23 October 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 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.66 per share.Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.74, the stock is trading at a trailing P/E ratio of 13.8x, up from the previous P/E ratio of 12x. This compares to an average P/E of 14x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 56%.Is New 90 Day High Low • Jan 07New 90-day high: €1.63The company is up 52% from its price of €1.07 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.85 per share.Is New 90 Day High Low • Dec 09New 90-day high: €1.49The company is up 65% from its price of €0.90 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.25 per share.공시 • Dec 03+ 5 more updatesOdfjell Drilling Ltd. to Report Q1, 2021 Results on May 27, 2021Odfjell Drilling Ltd. announced that they will report Q1, 2021 results on May 27, 2021Reported Earnings • Nov 27Third quarter 2020 earnings released: EPS US$0.07The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$210.5m (down 1.9% from 3Q 2019). Net income: US$19.2m (up 3.4% from 3Q 2019). Profit margin: 9.1% (up from 8.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.Analyst Estimate Surprise Post Earnings • Nov 27Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 1.8% compared to a 7.5% decline forecast for the Energy Services industry in Germany.Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 19% share price gain to US$1.35, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 12x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 64%.Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 17% share price gain to US$1.13, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 13x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 68%.Is New 90 Day High Low • Nov 01New 90-day low: €0.83The company is down 16% from its price of €0.98 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.60 per share.Is New 90 Day High Low • Oct 12New 90-day high: €1.12The company is up 13% from its price of €0.99 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.61 per share.공시 • Oct 06Odfjell Drilling Enters Letter of Intent for Breidablikk Development with Deepsea AberdeenEquinor has awarded a letter of intent to Odfjell Drilling for the drilling and completion of the Breidablikk project with Deepsea Aberdeen. The letter of intent is subject to finalization of contract. The contract is set to commence during spring 2022 with a scope of fifteen firm wells and an estimated duration of 2.5 years. In addition, there are nine optional wells. The approximate contract value for the firm scope is USD 290 million (excluding any integrated services, modifications/upgrades and mobilisation/demobilisation fees). In addition, a notable performance incentive rate will apply when wells are delivered ahead of target. The rate for the optional wells will be mutually agreed based on performance and market benchmarks.공시 • Sep 22Odfjell Drilling Ltd. to Report Q2, 2020 Results on Aug 27, 2020Odfjell Drilling Ltd. announced that they will report Q2, 2020 results on Aug 27, 2020공시 • Aug 28Odfjell Drilling Ltd. (OB:ODL) agreed to acquire an unknown stakes in Oceanwind ASOdfjell Drilling Ltd. (OB:ODL) agreed to acquire an unknown stakes in Oceanwind AS on August 26, 2020. Odfjell Drilling’s buy-in is now subject to successful completion of the contemplated equity tranches이익 및 매출 성장 예측DB:OD3 - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20281,043226345434412/31/20271,064252418458412/31/20261,05721737242033/31/2026984210-202403N/A12/31/2025901167-216402N/A9/30/2025860143211372N/A6/30/2025813107196350N/A3/31/202578582187319N/A12/31/202477665156288N/A9/30/202476474168269N/A6/30/2024764239189278N/A3/31/2024756234193272N/A12/31/2023733222199265N/A9/30/2023708225204276N/A6/30/202368650192264N/A3/31/202366658199256N/A12/31/202265075209275N/A9/30/202262666237306N/A6/30/202261582232302N/A3/31/202261286195288N/A12/31/202157253154257N/A9/30/2021784140193305N/A6/30/2021841131186301N/A3/31/2021847100223347N/A12/31/2020930135232346N/A9/30/202079538163264N/A6/30/202079939115235N/A3/31/20208194660206N/A12/31/201982333N/A198N/A9/30/201977041N/A219N/A6/30/201973729N/A225N/A3/31/201972538N/A213N/A12/31/201869823N/A221N/A9/30/201870220N/A177N/A6/30/201869932N/A183N/A3/31/201868936N/A181N/A12/31/201766235N/A166N/A9/30/2017640-53N/A174N/A6/30/2017629-50N/A181N/A3/31/2017647-52N/A165N/A12/31/2016657-64N/A199N/A9/30/201668850N/A183N/A6/30/2016742-123N/A261N/A3/31/2016845-356N/A286N/A12/31/2015927-319N/A271N/A9/30/20151,015-385N/A325N/A6/30/20151,069-216N/A226N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: OD3 의 연간 예상 수익 증가율(3.9%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: OD3 의 연간 수익(3.9%)이 German 시장(17.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: OD3 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: OD3 의 수익(연간 1.9%)이 German 시장(연간 6.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: OD3 의 수익(연간 1.9%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: OD3의 자본 수익률은 3년 후 18.5%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/24 13:28종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 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 소스Odfjell Drilling Ltd.는 8명의 분석가가 다루고 있습니다. 이 중 4명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierSteffen EvjenDanske BankKristian AarliDNB Carnegie5명의 분석가 더 보기
Upcoming Dividend • May 21Upcoming dividend of US$0.25 per shareEligible shareholders must have bought the stock before 27 May 2026. Payment date: 09 June 2026. Payout ratio is on the higher end at 98% but the company is not cash flow positive. Trailing yield: 10.0%. Within top quartile of German dividend payers (4.5%). Higher than average of industry peers (4.3%).
공시 • Dec 11Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2026Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2026.
공시 • Dec 10+ 4 more updatesOdfjell Drilling Ltd. to Report Q4, 2025 Results on Feb 25, 2026Odfjell Drilling Ltd. announced that they will report Q4, 2025 results on Feb 25, 2026
공시 • Mar 25+ 1 more updateOdfjell Drilling Ltd. Announces Chief Financial Officer ChangesOdfjell Drilling Ltd. announced that Frode Skage Syslak, Chief Financial Officer, has decided to step down from his role no later than 1 September 2025 to assume the position as Senior Vice President, Finance. He will be succeeded as CFO by Ørjan Lunde. Ørjan Lunde is currently the CEO of Kristian Gerhard Jebsen Skipsrederi AS, a renowned Norwegian shipowner, where he was CFO from 2019 before taking the role as CEO in January 2024. Ørjan held several key roles within finance management in Odfjell Drilling from 2015 to 2019. Prior to this, he held CFO positions at Ocea and Reef Subsea. Ørjan holds a Master’s degree from the Norwegian School of Economics and began his career in EY in 2000 before moving to Nordea in 2007.
공시 • Mar 17Odfjell Drilling Ltd. to Report Q1, 2025 Results on May 16, 2025Odfjell Drilling Ltd. announced that they will report Q1, 2025 results at 12:00 PM, Central European Standard Time on May 16, 2025
공시 • Dec 24Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2025Odfjell Drilling Ltd., Annual General Meeting, Jun 16, 2025.
공시 • Dec 23+ 4 more updatesOdfjell Drilling Ltd. to Report Q3, 2025 Results on Nov 06, 2025Odfjell Drilling Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025
Declared Dividend • Nov 09Third quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 15th November 2024 Payment date: 27th November 2024 Dividend yield will be 5.0%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 146% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Nov 08Third quarter 2024 earnings released: EPS: US$0.08 (vs US$0.78 in 3Q 2023)Third quarter 2024 results: EPS: US$0.08 (down from US$0.78 in 3Q 2023). Revenue: US$186.3m (flat on 3Q 2023). Net income: US$19.1m (down 90% from 3Q 2023). Profit margin: 10% (down from 99% in 3Q 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 31% per year.
Declared Dividend • Aug 23Second quarter dividend of US$0.06 announcedShareholders will receive a dividend of US$0.06. Ex-date: 30th August 2024 Payment date: 19th September 2024 Dividend yield will be 5.1%, which is higher than the industry average of 2.7%. Sustainability & Growth Dividend is well covered by both earnings (12% earnings payout ratio) and cash flows (30% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 24% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Aug 22Second quarter 2024 earnings released: EPS: US$0.07 (vs US$0.05 in 2Q 2023)Second quarter 2024 results: EPS: US$0.07 (up from US$0.05 in 2Q 2023). Revenue: US$191.3m (up 4.1% from 2Q 2023). Net income: US$16.4m (up 44% from 2Q 2023). Profit margin: 8.6% (up from 6.2% in 2Q 2023). Revenue is forecast to grow 8.0% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year whereas the company’s share price has increased by 32% per year.
공시 • Aug 21Odfjell Drilling Ltd. Declares Cash Dividend for the Second Quarter 2024, Payable on 19 September 2024The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.4 million in total for the second quarter 2024. Last day including right: 29 August 2024, Ex-Dividend Date: 30 August 2024, Record Date: 2 September 2024; Payment Date: 19 September 2024; Date of approval: 20 August 2024.
Upcoming Dividend • May 20Upcoming dividend of US$0.06 per shareEligible shareholders must have bought the stock before 24 May 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 5.1%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.6%).
공시 • May 16Odfjell Drilling Ltd. Announces Cash Dividend for the First Quarter 2024, Payable on 13 June 2024The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.2 million in total for the first quarter 2024. Last day including right: 23 May 2024; Ex-Dividend Date: 24 May 2024; Record Date: 27 May 2024; Payment Date: 13 June 2024; Date of approval: 14 May 2024.
New Risk • Apr 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.0x net interest cover). Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Apr 22Full year 2023 earnings released: EPS: US$0.94 (vs US$0.32 in FY 2022)Full year 2023 results: EPS: US$0.94 (up from US$0.32 in FY 2022). Revenue: US$732.5m (up 13% from FY 2022). Net income: US$222.1m (up 198% from FY 2022). Profit margin: 30% (up from 12% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 1.3% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: US$0.94 (vs US$0.32 in FY 2022)Full year 2023 results: EPS: US$0.94 (up from US$0.32 in FY 2022). Revenue: US$732.5m (up 13% from FY 2022). Net income: US$222.1m (up 198% from FY 2022). Profit margin: 30% (up from 12% in FY 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 1.8% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 25Odfjell Drilling Ltd., Annual General Meeting, Jun 24, 2024Odfjell Drilling Ltd., Annual General Meeting, Jun 24, 2024.
Valuation Update With 7 Day Price Move • Dec 20Investor sentiment improves as stock rises 27%After last week's 27% share price gain to €3.53, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 8x in the Energy Services industry in Europe. Total returns to shareholders of 177% over the past three years.
공시 • Dec 14+ 4 more updatesOdfjell Drilling Ltd. to Report Fiscal Year 2023 Results on Apr 19, 2024Odfjell Drilling Ltd. announced that they will report fiscal year 2023 results on Apr 19, 2024
New Risk • Nov 06New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 8.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 8.9% per year for the foreseeable future. Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 03Third quarter 2023 earnings released: EPS: US$0.78 (vs US$0.039 in 3Q 2022)Third quarter 2023 results: EPS: US$0.78 (up from US$0.039 in 3Q 2022). Revenue: US$186.0m (up 13% from 3Q 2022). Net income: US$184.5m (up US$175.2m from 3Q 2022). Profit margin: 99% (up from 5.6% in 3Q 2022). The increase in margin was primarily driven by lower expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 24Odfjell Drilling Ltd. Announces Cash Dividend, Payable on 13 September 2023The Board of Odfjell Drilling Ltd. has elected to pay a cash dividend of USD 0.06 per share or USD 14.2 million in total. Ex-Dividend Date is 1 September 2023. Record Date is 4 September 2023. Payment Date is 13 September 2023.
Reported Earnings • Aug 23Second quarter 2023 earnings released: EPS: US$0.05 (vs US$0.083 in 2Q 2022)Second quarter 2023 results: EPS: US$0.05 (down from US$0.083 in 2Q 2022). Revenue: US$183.8m (up 13% from 2Q 2022). Net income: US$11.4m (down 42% from 2Q 2022). Profit margin: 6.2% (down from 12% in 2Q 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 42% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €2.90, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 217% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.88 per share.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to €2.33, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 235% over the past three years.
Reported Earnings • Apr 23Full year 2022 earnings released: EPS: US$0.32 (vs US$0.22 in FY 2021)Full year 2022 results: EPS: US$0.32 (up from US$0.22 in FY 2021). Revenue: US$649.5m (up 14% from FY 2021). Net income: US$74.6m (up 41% from FY 2021). Profit margin: 12% (up from 9.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Feb 17Full year 2022 earnings released: EPS: US$0.32 (vs US$0.28 in FY 2021)Full year 2022 results: EPS: US$0.32 (up from US$0.28 in FY 2021). Revenue: US$650.0m (down 25% from FY 2021). Net income: US$76.0m (up 16% from FY 2021). Profit margin: 12% (up from 7.6% in FY 2021). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Energy Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
공시 • Feb 14Odfjell Drilling Ltd. to Report Q4, 2022 Results on Feb 16, 2023Odfjell Drilling Ltd. announced that they will report Q4, 2022 results on Feb 16, 2023
Reported Earnings • Nov 25Third quarter 2022 earnings released: EPS: US$0.04 (vs US$0.12 in 3Q 2021)Third quarter 2022 results: EPS: US$0.04 (down from US$0.12 in 3Q 2021). Revenue: US$164.8m (down 27% from 3Q 2021). Net income: US$11.6m (down 59% from 3Q 2021). Profit margin: 7.0% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 2.1% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Europe are expected to grow by 6.2%. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No 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 Harald Thorstein was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 10Odfjell Drilling Ltd. Announces Resignation of Thomas Marsoner as DirectorOdfjell Drilling Ltd. announced that Thomas Marsoner has on 09 November 2022 resigned as Director.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to €2.18, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 7.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €3.92 per share.
Reported Earnings • Sep 01Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: US$163.1m (down 30% from 2Q 2021). Net income: US$21.9m (down 13% from 2Q 2021). Profit margin: 13% (up from 11% in 2Q 2021). The increase in margin was driven by lower expenses. Over the next year, revenue is expected to shrink by 18% compared to a 13% growth forecast for the Energy Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improved over the past weekAfter last week's 17% share price gain to €2.83, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €4.88 per share.
Board Change • Jul 08Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Director Thomas Marsoner was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €2.17, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Energy Services industry in Europe. Total returns to shareholders of 5.5% over the past three years.
Reported Earnings • Jun 02First quarter 2022 earnings released: EPS: US$0.083 (vs US$0.055 loss in 1Q 2021)First quarter 2022 results: EPS: US$0.083 (up from US$0.055 loss in 1Q 2021). Revenue: US$154.8m (down 15% from 1Q 2021). Net income: US$20.6m (up US$33.6m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the next year, revenue is expected to shrink by 23% compared to a 20% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02Full year 2021 earnings released: EPS: US$0.28 (vs US$0.57 in FY 2020)Full year 2021 results: EPS: US$0.28 (down from US$0.57 in FY 2020). Revenue: US$863.9m (down 7.1% from FY 2020). Net income: US$65.8m (down 51% from FY 2020). Profit margin: 7.6% (down from 14% in FY 2020). Over the next year, revenue is expected to shrink by 22% compared to a 18% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.55, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Energy Services industry in Europe. Total loss to shareholders of 2.4% over the past three years.
Reported Earnings • Feb 25Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: US$0.28 (down from US$0.57 in FY 2020). Revenue: US$871.8m (down 6.2% from FY 2020). Net income: US$74.4m (down 45% from FY 2020). Profit margin: 8.5% (down from 14% in FY 2020). Revenue exceeded analyst estimates by 6.5%. Over the next year, revenue is expected to shrink by 8.2% compared to a 21% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Board Change • Jan 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. Independent Director Alasdair Shiach was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 27Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2021 results: EPS: US$0.12 (up from US$0.072 in 3Q 2020). Revenue: US$227.4m (up 8.1% from 3Q 2020). Net income: US$30.5m (up 79% from 3Q 2020). Profit margin: 13% (up from 8.1% in 3Q 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 12%. Over the next year, revenue is expected to shrink by 20% compared to a 17% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to €1.84, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Energy Services industry in Europe. Total loss to shareholders of 49% over the past three years.
Executive Departure • Sep 07CFO & Executive VP Atle Sæbø has left the companyOn the 1st of September, Atle Sæbø's tenure as CFO & Executive VP ended. We don't have any record of a personal shareholding under Atle's name. Atle is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 5.25 years.
Reported Earnings • Aug 27Second quarter 2021 earnings released: EPS US$0.11 (vs US$0.035 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$233.0m (up 40% from 2Q 2020). Net income: US$27.2m (up US$35.5m from 2Q 2020). Profit margin: 12% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to US$1.68, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 9x in the Energy Services industry in Europe. Total loss to shareholders of 49% over the past three years.
Recent Insider Transactions • Jun 12CEO & President recently sold €843k worth of stockOn the 8th of June, Simen Lieungh sold around 372k shares on-market at roughly €2.27 per share. This was the largest sale by an insider in the last 3 months. This was Simen's only on-market trade for the last 12 months.
Reported Earnings • May 29First quarter 2021 earnings released: US$0.055 loss per share (vs US$0.088 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: US$181.9m (down 7.9% from 1Q 2020). Net loss: US$13.0m (down 163% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • May 03Full year 2020 earnings released: EPS US$0.57 (vs US$0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$929.7m (up 13% from FY 2019). Net income: US$135.2m (up 310% from FY 2019). Profit margin: 14% (up from 4.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Mar 04Odfjell Drilling Signs Contract with Lundin Energy NorwayOdfjell Drilling Ltd. announced the award of letters of intent with Lundin Energy Norway for the use of Deepsea Stavanger. Final contract for the drilling campaign has now been signed. The duration of the contract is changed to three (3) firm wells plus six (6) optional wells. The firm scope has a contractual value of approx USD 33 million. Otherwise the contract is signed on such conditions as disclosed in aforementioned stock exchange notice.
Reported Earnings • Feb 27Full year 2020 earnings released: EPS US$0.57 (vs US$0.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: US$932.3m (up 13% from FY 2019). Net income: US$143.4m (up 334% from FY 2019). Profit margin: 15% (up from 4.0% in FY 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 5.9%. Over the next year, revenue is expected to shrink by 18% compared to a 1.4% decline forecast for the Energy Services industry in Germany.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.99, the stock is trading at a trailing P/E ratio of 16.1x, up from the previous P/E ratio of 14x. This compares to an average P/E of 17x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 45%.
Is New 90 Day High Low • Feb 18New 90-day high: €1.81The company is up 34% from its price of €1.35 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.74 per share.
Valuation Update With 7 Day Price Move • Jan 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$1.47, the stock is trading at a trailing P/E ratio of 12.4x, down from the previous P/E ratio of 15.1x. This compares to an average P/E of 12x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 62%.
Is New 90 Day High Low • Jan 23New 90-day high: €1.79The company is up 88% from its price of €0.95 on 23 October 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 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.66 per share.
Valuation Update With 7 Day Price Move • Jan 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to US$1.74, the stock is trading at a trailing P/E ratio of 13.8x, up from the previous P/E ratio of 12x. This compares to an average P/E of 14x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 56%.
Is New 90 Day High Low • Jan 07New 90-day high: €1.63The company is up 52% from its price of €1.07 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. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.85 per share.
Is New 90 Day High Low • Dec 09New 90-day high: €1.49The company is up 65% from its price of €0.90 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is up 31% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €4.25 per share.
공시 • Dec 03+ 5 more updatesOdfjell Drilling Ltd. to Report Q1, 2021 Results on May 27, 2021Odfjell Drilling Ltd. announced that they will report Q1, 2021 results on May 27, 2021
Reported Earnings • Nov 27Third quarter 2020 earnings released: EPS US$0.07The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: US$210.5m (down 1.9% from 3Q 2019). Net income: US$19.2m (up 3.4% from 3Q 2019). Profit margin: 9.1% (up from 8.6% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
Analyst Estimate Surprise Post Earnings • Nov 27Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%. Over the next year, revenue is expected to shrink by 1.8% compared to a 7.5% decline forecast for the Energy Services industry in Germany.
Valuation Update With 7 Day Price Move • Nov 19Market bids up stock over the past weekAfter last week's 19% share price gain to US$1.35, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 8.5x. This compares to an average P/E of 12x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 64%.
Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 17% share price gain to US$1.13, the stock is trading at a trailing P/E ratio of 8.4x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 13x in the Energy Services industry in Europe. Total return to shareholders over the past three years is a loss of 68%.
Is New 90 Day High Low • Nov 01New 90-day low: €0.83The company is down 16% from its price of €0.98 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Energy Services industry, which is down 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.60 per share.
Is New 90 Day High Low • Oct 12New 90-day high: €1.12The company is up 13% from its price of €0.99 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Energy Services industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €3.61 per share.
공시 • Oct 06Odfjell Drilling Enters Letter of Intent for Breidablikk Development with Deepsea AberdeenEquinor has awarded a letter of intent to Odfjell Drilling for the drilling and completion of the Breidablikk project with Deepsea Aberdeen. The letter of intent is subject to finalization of contract. The contract is set to commence during spring 2022 with a scope of fifteen firm wells and an estimated duration of 2.5 years. In addition, there are nine optional wells. The approximate contract value for the firm scope is USD 290 million (excluding any integrated services, modifications/upgrades and mobilisation/demobilisation fees). In addition, a notable performance incentive rate will apply when wells are delivered ahead of target. The rate for the optional wells will be mutually agreed based on performance and market benchmarks.
공시 • Sep 22Odfjell Drilling Ltd. to Report Q2, 2020 Results on Aug 27, 2020Odfjell Drilling Ltd. announced that they will report Q2, 2020 results on Aug 27, 2020
공시 • Aug 28Odfjell Drilling Ltd. (OB:ODL) agreed to acquire an unknown stakes in Oceanwind ASOdfjell Drilling Ltd. (OB:ODL) agreed to acquire an unknown stakes in Oceanwind AS on August 26, 2020. Odfjell Drilling’s buy-in is now subject to successful completion of the contemplated equity tranches