Shelf Drilling (OB:SHLF) May Have Issues Allocating Its Capital
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Norwegian (OSEAX) Oil and Gas Drilling Industry Analysis
UpdatedMay 12, 2022
DataAggregated Company Financials
Companies10
- 7D-3.9%
- 3M43.6%
- 1Y65.3%
- YTD19.6%
In the last week, the Oil and Gas Drilling industry is up 1.1%, with Borr Drilling up 14%. In the last 12 months, the industry was up 57%. Earnings are forecast to grow by 97% annually.
Industry Valuation and Performance
Has the Norwegian Oil and Gas Drilling Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Fri, 13 May 2022 | kr35.0b | kr37.0b | -kr8,598,149,186.00 | 8.1x |
| Sun, 10 Apr 2022 | kr17.0b | kr22.2b | -kr2,786,428,586.00 | 10.3x |
| Tue, 08 Mar 2022 | kr14.4b | kr23.0b | -kr2,893,585,308.00 | 9.8x |
| Thu, 03 Feb 2022 | kr11.7b | kr23.3b | -kr4,056,813,815.00 | 44.8x |
| Sat, 01 Jan 2022 | kr11.1b | kr23.3b | -kr4,054,080,353.00 | 42.2x |
| Mon, 29 Nov 2021 | kr9.6b | kr24.0b | -kr4,183,689,768.00 | 41.1x |
| Wed, 27 Oct 2021 | kr11.3b | kr21.6b | -kr3,729,893,343.00 | 4.8x |
| Fri, 24 Sep 2021 | kr8.7b | kr22.1b | -kr3,828,645,739.00 | 3.7x |
| Sun, 22 Aug 2021 | kr8.9b | kr23.0b | -kr3,998,310,106.94 | 4.1x |
| Fri, 09 Jul 2021 | kr10.6b | kr23.0b | -kr3,998,310,106.94 | 4.9x |
| Thu, 01 Apr 2021 | kr10.5b | kr22.4b | -kr3,922,163,552.10 | 3.7x |
| Sun, 03 Jan 2021 | kr8.1b | kr23.9b | -kr5,923,543,277.98 | 3.5x |
| Wed, 07 Oct 2020 | kr5.2b | kr25.8b | -kr8,180,243,455.47 | 7.2x |
| Tue, 30 Jun 2020 | kr5.9b | kr27.4b | -kr9,111,468,802.31 | 6.7x |
| Fri, 03 Apr 2020 | kr4.7b | kr29.8b | -kr10,368,380,456.00 | 3.8x |
| Mon, 06 Jan 2020 | kr25.5b | kr24.4b | -kr6,461,675,802.52 | 26.7x |
| Thu, 10 Oct 2019 | kr19.7b | kr24.3b | -kr5,006,634,729.39 | 10.6x |
| Wed, 03 Jul 2019 | kr25.7b | kr22.2b | -kr3,752,540,647.94 | 13.7x |
Median PE Ratio
10.5x
Current Industry PEThere are only 2 profitable companies in this industry, so there is insufficient data to make an industry-wide assessment of PE.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Drilling industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 19% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does Norwegian Oil and Gas Drilling compare with similar industries?
| NO Market | -4.19% | |
| Energy | -2.16% | |
| Energy Services | -0.32% | |
| Oil and Gas Drilling | -3.90% | |
| Oil and Gas Services | 1.33% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SHLF Shelf Drilling | kr15.50 | 9.2% +kr178.3m | 199.8% | PS0.4x | |
| OTL Odfjell Technology | kr23.50 | 5.8% +kr50.9m | n/a | PS7.2x | |
| ARCH Archer | kr3.45 | 6.5% +kr31.2m | -26.0% | PS0.06x |